ZIGUP PLC, formerly known as Redde Northgate plc, has disclosed the purchase of its own shares to be held in treasury. The company bought 50,000 ordinary shares of 50p each at a weighted average purchase price of 433.625 pence per share. Following this transaction, the company's issued share capital consists of 246,091,423 ordinary shares, with 19,814,362 ordinary shares held in treasury. Additionally, there are 1,000,000 preference shares of 50p each which do not carry any voting rights, resulting in a total of 226,277,061 voting rights in the company.
The detailed information about the purchases made by Numis Securities Limited on behalf of the company as part of the buyback program has been provided in accordance with the requirements of Listing Rule 12.4.6. The company's contact information has been included for further inquiries.
ZIGUP, the leading integrated mobility solutions provider, offers services across the vehicle lifecycle, including vehicle rental, fleet management, accident management, vehicle repairs, service, and maintenance. The company's core purpose is to keep its customers mobile, smarter, and it aims to drive enhanced returns for shareholders through sustainable compounding growth. 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 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's strategic framework of Enable, Deliver, and Grow is aimed at achieving this mission. The company's website has been provided for further information.
For further information, please contact Buchanan at +44 (0) 207 466 5000 or visit the company's website: www.zigup.com