Redde Northgate PLC, now known as ZIGUP, has disclosed the purchase of 25,000 of its own ordinary shares on 5 June 2024. The weighted average purchase price paid was 427.5 pence per share, with the highest purchase price at 430 pence per share and the lowest at 425 pence per share. Following this transaction, the Company's issued share capital consists of 246,091,423 ordinary shares, with 19,989,362 ordinary shares held in treasury. The total number of voting rights in the Company is 226,102,061.
The announcement complies with the requirements of Listing Rule 12.4.6. The detailed information about the purchases made by Numis Securities Limited on behalf of the Company as part of the buyback program is provided in the schedule of purchases. This includes the number of shares purchased, transaction prices, time of transaction, reference numbers, and venue.
ZIGUP, formerly Redde Northgate PLC, 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 or by 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. Further information regarding ZIGUP plc can be found on the Company's website.