• News Release
•
Issue Date: 8 September 2017
Redde plc
(“Company”)
SAYE share
exercises and transfer of shares held in Treasury
The Company announces that on 8 September
2017, options over a total of 68,790 Ordinary shares of
0.1 pence each fully paid in the
Company at 48.3 pence per share have
been exercised by staff under the Company's All-Employee 2014 Save
As Your Earn share option scheme.
The shares were issued by the Company by way of a transfer from
shares already held as treasury shares and no new shares were
created.
As at 8 September 2017 the
Company’s capital consisted of 303,982,031 Ordinary Shares in issue
of which, following the above transfer of shares out of treasury,
267,196 remain held as treasury shares so that the Company has
303,714,835 Ordinary Shares with voting rights in issue which
number may be used by shareholders in the Company as the
denominator for the calculations by 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 |
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Redde plc |
Tel: 01225 321134 |
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Martin Ward – Chief
Executive Officer |
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Stephen Oakley – Chief
Financial Officer |
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Cenkos Securities
plc (Nominated Adviser and Joint Broker) |
Tel: 0207 397 8900 |
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Elizabeth Bowman |
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N+1 Singer Capital
Markets Limited (Joint Broker) |
Tel: 0207 496
3000 |
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Mark Taylor |
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Square1
Consulting |
Tel: 0207 929
5599 |
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David Bick |
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Brian Alexander |
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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.