Redde Plc Director/PDMR Shareholding
01 August 2017 - 10:35PM
UK Regulatory
TIDMREDD
* News Release *
Issue Date: 01 August 2017
Redde plc
"Company")
Director/PDMR Shareholding
The Company announces that on 1 August 2017, Martin Ward and Stephen Oakley
each acquired 37,267 ordinary shares of 0.1 pence each fully paid in the
Company at 48.3 pence per share following an exercise of options awarded in
2014 under the Company's All-Employee Save As Your Earn share option scheme
(SAYE). The ordinary shares were issued by the Company by way of a transfer
from shares already held in treasury, with no change to the issued ordinary
share capital of the Company.
Following the above transactions, Martin Ward and Stephen Oakley interests
(including family interests) in the Ordinary Shares of the Company are set out
below:
Director Number of Number of New Number of
Ordinary Shares Ordinary Shares Ordinary Shares
held prior to received as a held the issue of
aquisition of result of the the SAYE Shares
SAYE Shares issue of the
SAYE Shares
Martin Ward 3,644,715 37,267 3,681,982
Stephen Oakley 1,793,343 37,267 1,830,610
As at 1 August 2017 the Company's issued share capital consists of 303,982,031
ordinary shares of which, following the above transfer of shares out of
treasury (together with transfers of treasury shares to staff who also
exercised options under the SAYE), 640,823 continue to be held as treasury
shares to satisfy options granted in 2014 under the SAYE so that the Company
has 303,341,208 Ordinary Shares with voting rights. The figure of 303,341,208
may be used by shareholders in the Company as the denominator for the
calculationsby which they will determine if they are required to notify their
interest in, or a change to their interest in, the share capital of the Company
under the Financial Conduct Authority's Disclosure Guidance and Transparency
Rules.
Enquiries
Redde plc Tel: 01225 321134
Martin Ward - Chief Executive Officer
Stephen Oakley - Chief Financial Officer
Cenkos Securities plc (Nominated Adviser and Joint Tel: 0207 397 8900
Broker)
Elizabeth Bowman
N+1 Singer Capital Markets Limited (Joint Broker) Tel: 0207 496 3000
Mark Taylor
Square1 Consulting Tel: 0207 929 5599
David Bick
Brian Alexander
Notes for Editors:
About Redde plc:
Founded in 1992 and working predominantly with insurance companies, insurance
brokers, prestige motor dealerships, and large national fleet owners the Group
provides a range of accident management, incident management and legal
services.
The Group is one of the market leaders in its fields of business; it delivers
accident management solutions to motorists ensuring that they remain mobile
until their own vehicles are repaired or until they are put in a position to
obtain a replacement and it provides legal services ensuring that they are
properly compensated for their injuries and losses. Legal services also include
wills and probate, family law and employment law advice.
The name Redde is associated, in Latin, with the concept of
restoration.
END
(END) Dow Jones Newswires
August 01, 2017 08:35 ET (12:35 GMT)
Redde Northgate (LSE:REDD)
Historical Stock Chart
From Apr 2024 to May 2024
Redde Northgate (LSE:REDD)
Historical Stock Chart
From May 2023 to May 2024