Redde Northgate PLC, now known as ZIGUP, has disclosed the purchase of 25,000 of its own ordinary shares at a weighted average purchase price of 429 pence per share. Following this transaction, the company's issued share capital consists of 246,091,423 ordinary shares, with 19,639,362 held in treasury. The total number of voting rights in the company is 226,452,061. The purchases were made by Numis Securities Limited on behalf of the company as part of its buyback program, in accordance with the Market Abuse Regulation.
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 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 through sustainable compounding growth. ZIGUP aims to achieve this through the delivery of its new strategic framework of Enable, Deliver, and Grow. The company is committed to guiding customers through the changing mobility landscape, whether that involves more digitally connected solutions or supporting the transition to lower carbon mobility through providing EVs, charging solutions, and consultancy.
For further information, individuals can contact Buchanan at +44 (0) 207 466 5000. Additional details about ZIGUP can be found on the company's website: www.zigup.com.