Redde Northgate Plc Director/PDMR Shareholding

 
TIDMREDD 
 
13 March 2020 
 
                              REDDE NORTHGATE PLC 
 
                          Director/PDMR Shareholdings 
 
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 90,676 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/   Initial notification 
    Amendment 
 
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      Ordinary Shares of 50 pence each in Redde 
    financial instrument,   Northgate plc 
    type of instrument 
 
 
    Identification code     GB00B41H7391 
 
b)  Nature of the           Purchase of shares 
    transaction 
 
c)  Price(s) and volume(s)  Price(s)      Volume(s) 
 
                            186.11        13,432 
 
                            179.65        27,831 
 
d)  Aggregated information 
 
    -Aggregated volume       41,263 
    -Price                   181.75 
 
e)  Date of the             12 March 2020 
    transactions            13 March 2020 
 
 
f)  Place of the            London Stock Exchange 
    transaction 
 
 
 
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 
 
 
 
END

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