ZIGUP PLC, formerly known as Redde Northgate plc, has disclosed the purchase of 50,000 of its own ordinary shares on 10 June 2024. The weighted average purchase price paid was 419.25 pence per share, with the highest purchase price at 420 pence per share and the lowest at 418.5 pence per share. Following this transaction, the company's issued share capital consists of 246,091,423 ordinary shares, with 20,139,362 ordinary shares held in treasury.
The total number of voting rights in the company is 225,952,061, which may be used by shareholders as the denominator for the calculations to determine if they are required to notify their interest in the company under the FCA's Disclosure Guidance and Transparency Rules. The purchases were made by Numis Securities Limited on behalf of the company as part of its buyback program, in accordance with the requirements of Listing Rule 12.4.6.
ZIGUP is a leading integrated mobility solutions provider, offering services across the vehicle lifecycle to businesses, fleet operators, insurers, OEMs, and other customers. The company's core purpose is to keep its customers mobile, smarter, by meeting their regular mobility needs and servicing and supporting them during unforeseen events. ZIGUP supports its customers through a network and diversified fleet of approximately 130,000 owned and leased vehicles, with over 175 branches across the UK, Ireland, and Spain, and a specialist team of over 7,500 employees.
The company's mission is to offer an imaginative, market-leading customer proposition and drive enhanced returns for shareholders by creating value through sustainable compounding growth. ZIGUP seeks to achieve this through the delivery of its new strategic framework of Enable, Deliver, and Grow. The company's website, www.zigup.com, provides further information about ZIGUP PLC.