Redde Northgate Plc - Director/PDMR Shareholding

PR Newswire

17 March 2020

REDDE NORTHGATE PLC

Director/PDMR Shareholdings

Today Redde Northgate has received notification that non-executive director Mark Butcher has purchased 10,000 ordinary shares of 50 pence each at blended average price of 161.10 pence per share. Mark has 24,676 ordinary shares equating to 0.01% of the issued share capital of Redde Northgate plc.

1 Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a) Name Mark Butcher
2 Reason for the notification
a) Position/status Director
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Redde Northgate plc
b) LEI 213800B3ZUTDOZYVJB41
4 Details of the transaction(s): section to be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
Transaction 1
a) Description of the financial instrument, type of instrument


Identification code
Ordinary Shares of 50 pence each in Redde Northgate plc



GB00B41H7391
b) Nature of the transaction Purchase of shares
c) Price(s) and volume(s)
Price(s) Volume(s)
170.50 7,500
132.88 2,500
d) Aggregated information
-Aggregated volume
- Price
 24,676
 161.10
e) Date of the transaction 13 March 2020
16 March 2020
 
f) Place of the transaction London Stock Exchange
 

   

Enquiries
Redde Northgate plc Tel: 01225 321218
Nick Tilley

Notes to Editors:

Redde Northgate plc is a leading integrated mobility solutions platform formed in February 2020 following the all-share merger of light commercial hire business Northgate plc  and Redde plc, the provider of incident and accident management, legal and other mobility- related services.

The Group provides mobility solutions and automotive services to a  wide  range  of  businesses and customers spanning the vehicle life cycle across vehicle supply, service, maintenance, repair, recovery, accident and incident management  and  disposal  through  sale or salvage.

With an extensive network and diversified fleet of over 110,000 owned vehicles and over 400,000 managed vehicles in more than 100 branches across the UK, Ireland and Spain, the Group aims to utilise its scale, reach and comprehensive suite of integrated services to offer   a market-leading customer proposition and drive enhanced returns for shareholders.

Further information regarding Redde Northgate plc can be found on the Company´s website: www.reddenorthgate.co.uk

ENDS