ZIGUP PLC, formerly known as Redde Northgate plc, has announced the purchase of its own shares to be held in treasury. On 6 June 2024, the company bought 50,000 ordinary shares of 50p each at a weighted average purchase price of 424.25 pence per share. Following this transaction, the company's issued share capital consists of 246,091,423 ordinary shares, with 20,039,362 ordinary shares held in treasury and 1,000,000 preference shares. The total number of voting rights in the company is 226,052,061.
The purchases were made by Numis Securities Limited on behalf of the company as part of its buyback program. The detailed schedule of individual transactions, including the number of shares purchased, transaction prices, and time of transactions, has been provided in accordance with the requirements of Listing Rule 12.4.6.
ZIGUP PLC, as the leading integrated mobility solutions provider, offers a wide range of 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 specialist team of over 7,500 employees.
The company's mission is to offer an imaginative, market-leading customer proposition and guide customers through the transformation of the mobility landscape, including the transition to lower carbon mobility. ZIGUP's website provides further information about the company and its services.