17 Mar 2020 14:41
Redde Northgate Plc - Correction : Director/PDMR ShareholdingRedde Northgate Plc - Correction : Director/PDMR Shareholding
PR Newswire
London, March 17
Amendment to the statement immediately below as to the number of ordinaryshares held by Avril Palmer-Baunack on the Director/PDMR Shareholdingsannouncement released on 13 March 2020 at 1400 hours via P R Newswire. Changesto the original announcement immediately below are in bold. All other detailsremain the same.
13 March 2020
REDDE NORTHGATE PLC
Director/PDMR Shareholdings
Amendment to the statement immediately below as to the number of ordinary shares held by Avril Palmer-Baunack on the Director/PDMR Shareholdings announcement released on 13 March 2020 at 1400 hours via P R Newswire. Changes to the original announcement immediately below are in bold. All other details remain the same.
Today Redde Northgate has received notification that Non-Executive Chairman, Avril Palmer-Baunack has purchased 41,263 ordinary shares of 50 pence each at blended average price of 181.75 pence per share. Avril has 110,442 shares equating to 0.04% of the issued share capital of Redde Northgate plc.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Avril Palmer-Baunack | ||||||
| 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) |
| ||||||
| d) | Aggregated information | |||||||
| -Aggregated volume-Price | 41,263 181.75 | |||||||
| e) | Date of the transaction | 12 March 2020 13 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
Redde Northgate (REDD)