Redde Plc Director/PDMR Shareholding
March 12 2019 - 8:51AM
UK Regulatory
TIDMREDD
* News Release *
Issue Date: 12 March 2019
Redde plc
("Company")
Director/PDMR Shareholding
The Company announces that certain directors and their persons closely
associated ("PCAs") have recently purchased an aggregate of 139,374 ordinary
shares with an aggregate value of GBP122,262 in the Company in the following
amounts:
Name Position Ordinary Price Number of Date of
shares paid per Ordinary purchase
purchased share Shares held
following
the
purchase
Avril Chairwoman 56,497 88.50p 56,497 12-Mar-19
Palmer-Baunack
Martin Ward Chief Executive 56,497 88.50p 3,980,958 12-Mar-19
Officer
Patricia Oakley PCA with Stephen 26,380 84.39p 12-Mar-19
Oakley, Chief 2,020,000
Financial Officer
The notifications set out below are provided in accordance with the
requirements of the EU Market Abuse Regulation:
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Avril Palmer-Baunack
2 Reason for the notification
a) Position/status Director
b) Initial notification/ Initial notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Redde plc
b) LEI 21380063LFNLZM7AYT28
4 Details of the transaction(s): section to be repeated for (i) each type
of instrument;
(ii) each type of transaction; (iii) each date; and (iv) each place where
transactions have been conducted
a) Description of the Ordinary shares of 0.1 pence each
financial instrument,
type of instrument ISIN: GB00BLWF0R63
GB00BLWFOR63
Identification code
b) Nature of the Purchase of ordinary shares
transaction
c) Price(s) and volume(s) Price(s) Volume(s)
88.5p 56,497
d) Aggregated information N/A
-Aggregated volume
e) Date of the transaction 12 March 2019
f) Place of the AIMX
transaction
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Martin Ward
2 Reason for the notification
a) Position/status Director
b) Initial notification/ Initial notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Redde plc
b) LEI 21380063LFNLZM7AYT28
4 Details of the transaction(s): section to be repeated for (i) each type
of instrument;
(ii) each type of transaction; (iii) each date; and (iv) each place where
transactions have been conducted
a) Description of the Ordinary shares of 0.1 pence each
financial instrument,
type of instrument ISIN: GB00BLWF0R63
GB00BLWFOR63
Identification code
b) Nature of the Purchase of ordinary shares
transaction
c) Price(s) and volume(s) Price(s) Volume(s)
88.5p 56,497
d) Aggregated information N/A
-Aggregated volume
e) Date of the transaction 12 March 2019
f) Place of the AIMX
transaction
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Patricia Oakley
2 Reason for the notification
a) Position/status PCA with Stephen Oakley, Chief Financial Officer
b) Initial notification/ Initial notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Redde plc
b) LEI 21380063LFNLZM7AYT28
4 Details of the transaction(s): section to be repeated for (i) each type
of instrument;
(ii) each type of transaction; (iii) each date; and (iv) each place where
transactions have been conducted
a) Description of the Ordinary shares of 0.1 pence each
financial instrument,
type of instrument ISIN: GB00BLWF0R63
GB00BLWFOR63
Identification code
b) Nature of the Purchase of ordinary shares
transaction
c) Price(s) and volume(s) Price(s) Volume(s)
84.39p 26,380
d) Aggregated information N/A
-Aggregated volume
e) Date of the transaction 12 March 2019
f) Place of the AIMX
transaction
Enquiries
Redde plc Tel: 01225 321134
Martin Ward - Chief Executive Officer
Stephen Oakley - Chief Financial Officer
Cenkos Securities plc (Nominated Adviser and Joint Tel: 0207 397 8900
Broker)
Mark Connelly
Giles Balleny
Harry Hargreaves
N+1 Singer Capital Markets Limited (Joint Broker) Tel: 0207 496 3000
Mark Taylor
Square1 Consulting Tel: 0207 929 5599
David Bick
Notes for Editors:
About Redde plc:
Founded in 1992 and working predominantly with insurance companies, insurance
brokers and prestige motor dealerships, the Group provides a range of accident
management and legal services. The Group also deals directly with large
national fleets providing incident management and mobility continuity and the
Group's activities also encompass a range of legal services designed to assist
claimant parties in partnership with leading insurance companies, brokers and
other bodies.
The Group is one of the market leaders in its fields of business; it delivers
accident management solutions to motorists ensuring that they remain mobile
until their own vehicles are repaired or until they are put in a position to
obtain a replacement and it provides legal services ensuring that they are
properly compensated for their injuries and losses. Legal services also include
wills and probate, family law and employment law advice.
END
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