NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION
(“ZIGUP” or the “Group” or the “Company”)
Transaction in Own Shares
Class of shares : Ordinary shares of 50p (“shares”) Number of shares purchased : 75,000 Weighted average purchase price paid 430.6667 pence per share Highest purchase price paid 431 pence per share Lowest purchase price paid430 pence per share
Following the above transaction, the Company’s issued share capital consists of 246,091,423 ordinary shares of 50p each, of which 19,714,362 ordinary shares are held in treasury, and 1,000,000 preference shares of 50p each which do not carry any rights to vote. Therefore, the total number of voting rights in the Company is 226,377,061 which may be used by shareholders 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 Company under the FCA’s Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation)
as incorporated into
Schedule of Purchases – Individual Transactions (as at
_____________________________________________________________________________ |Number of shares|Transaction price| |Transaction | | |purchased |(GB pence per |Time of transaction|reference number|Venue| | |share) | | | | |________________|_________________|___________________|________________|_____| |25,000 |430.00 |09:06:03 |00070047422TRLO0|LSE | | | | | | | |25,000 |431.00 |14:40:29 |00070056115TRLO0|LSE | | | | | | | |25,000 |431.00 |15:07:20 |00070057173TRLO0|LSE | |________________|_________________|___________________|________________|_____|
Notes
This announcement is made in accordance with the requirements of Listing Rule 12.4.6.
For further information contact:
Buchanan
N otes to Editors:
ZIGUP (formerly Redde Northgate plc) is the leading integrated mobility solutions provider, with a platform providing services across the vehicle lifecycle to help people keep on the move, smarter. The Company offers mobility solutions to businesses, fleet operators, insurers, OEMs and other customers across a broad range of areas from vehicle rental and fleet management to accident management, vehicle repairs, service and maintenance.
The mobility landscape is changing, becoming ever more connected and ZIGUP uses its knowledge and expertise to guide customers through the transformation, whether that is more digitally connected solutions or supporting the transition to lower carbon mobility through providing EVs, charging solutions and consultancy.
The Company's core purpose is to keep its customers mobile, smarter - through meeting their regular mobility needs or by servicing and supporting them when unforeseen events occur. With our considerable scale and reach, ZIGUP’s mission is to offer an imaginative, market-leading customer proposition and drive enhanced returns for shareholders by creating value through sustainable compounding growth. The Group seeks to achieve this through the delivery of its new strategic framework of Enable, Deliver and Grow.
ZIGUP supports its customers through a network and diversified fleet of approx. 130,000 owned and leased vehicles, supporting over 700,000 managed vehicles, with over 175 branches across the
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