• News Release
•
Issue Date: 16 November 2017
Redde plc
(“Company”)
SAYE share
exercises and transfer of shares held in Treasury
The Company announces that it has transferred a total of 7,453
ordinary shares of 0.1 pence each
(“Ordinary Shares”) fully paid in the Company from its treasury
account, in order to satisfy options exercised by staff under the
Company's All-Employee 2014 Save As You Earn share option scheme
for an exercise price of 48.3 pence
per share.
Following the exercise of share options, the Company’s issued
ordinary share capital consists of 303,982,031 Ordinary Shares, of
which a total of 7,453 Ordinary Shares are held in treasury, so
that the total number of Ordinary Shares with voting rights in the
Company is 303,974,578.
The above figure of 303,974,578 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 |
|
|
|
Redde plc |
Tel: 01225 321134 |
|
Martin Ward – Chief
Executive Officer |
|
|
Stephen Oakley – Chief
Financial Officer |
|
|
|
|
|
Cenkos Securities
plc (Nominated Adviser and Joint Broker) |
Tel: 0207 397 8900 |
|
Elizabeth Bowman |
|
|
|
|
|
N+1 Singer Capital
Markets Limited (Joint Broker) |
Tel: 0207 496
3000 |
|
Mark Taylor |
|
|
|
Square1
Consulting |
Tel: 0207 929
5599 |
|
David Bick |
|
|
|
|
|
|
|
|
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.