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
12 June 2024
ZIGUP
PLC
(“ZIGUP”
or the “Group” or the “Company”)
Transaction
in Own Shares
ZIGUP plc
(LSE:ZIG) announces that on 12 June
2024 it purchased the following number of its own shares to
be held in treasury:
Class
of shares
|
:
Ordinary
shares of 50p (“shares”)
|
Number
of shares purchased
|
:
50,000
|
Weighted
average purchase price paid
|
416.25
pence per
share
|
Highest
purchase price paid
|
419
pence per
share
|
Lowest
purchase price paid
|
413.5
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 20,239,362
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
225,852,061 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 UK domestic law by the European Union
(Withdrawal) Act 2018, the
schedule below contains detailed information about the purchases
made by Numis Securities Limited on behalf of the Company as part
of the Company’s buyback programme.
Schedule of Purchases – Individual Transactions (as at
12 June 2024)
Number of shares
purchased
|
Transaction price
(GB pence per share)
|
Time of transaction
|
Transaction reference number
|
Venue
|
25,000
25,000
|
413.50
419.00
|
08:27:23
15:26:07
|
00070255597TRLO0
00070269933TRLO0
|
LSE
LSE
|
Notes
This
announcement is made in accordance with the requirements of Listing
Rule 12.4.6.
For
further information contact:
Buchanan
David Rydell/Jamie
Hooper/Hannah
Ratcliff +44
(0) 207 466 5000
Notes
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 UK,
Ireland and Spain and a specialist team of over 7,500
employees. We are a trusted partner to many of the leading
insurance and leasing companies, blue chip corporates and a broad
range of businesses across a diverse range of sectors. Our strength
comes not only from our breadth of our award-winning solutions, but
from our extensive network reach, our wealth of experience and
continual focus on delivering an exceptional customer
experience.
Further
information regarding ZIGUP plc can be found on the Company’s
website: www.zigup.com