Redde PLC Director/PDMR Shareholding (9167S)
March 14 2019 - 8:02AM
UK Regulatory
TIDMREDD
RNS Number : 9167S
Redde PLC
14 March 2019
-- News Release --
Issue Date: 14 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
60,191 ordinary shares with an aggregate value of GBP63,199.26 in
the Company in the following amounts:
Name Position Ordinary Price Number of Date of
shares paid Ordinary purchase
purchased per share Shares held
following
the purchase
---------------------- ----------------- ----------- ----------- -------------- ----------
Avril Palmer-Baunack Chairwoman 23,837 104.88p 80,334 14-Mar-19
Chief Executive
Martin Ward Officer 23,854 104.80p 4,004,812 14-Mar-19
Chief Financial
Stephen Oakley Officer 12,500 105.61p 2,032,500 14-Mar-19
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/Amendment Initial notification
---------------------------------- -----------------------------------
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 transaction Purchase of ordinary shares
---------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
104.88p 23,837
----------
---------------------------------- -----------------------------------
d) Aggregated information N/A
---------------------------------- -----------------------------------
* Aggregated volume
* Price
---------------------------------- -----------------------------------
e) Date of the transaction 14 March 2019
---------------------------------- -----------------------------------
f) Place of the transaction AIMX
---------------------------------- -----------------------------------
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/Amendment Initial notification
---------------------------------- -----------------------------------
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 transaction Purchase of ordinary shares
---------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
104.80p 23,854
----------
---------------------------------- -----------------------------------
d) Aggregated information N/A
---------------------------------- -----------------------------------
* Aggregated volume
* Price
---------------------------------- -----------------------------------
e) Date of the transaction 14 March 2019
---------------------------------- -----------------------------------
f) Place of the transaction AIMX
---------------------------------- -----------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Stephen Oakley
---------------------------------- -----------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Chief Financial Officer
---------------------------------- -----------------------------------
b) Initial notification/Amendment Initial notification
---------------------------------- -----------------------------------
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 transaction Purchase of ordinary shares
---------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
105.61p 12,500
----------
---------------------------------- -----------------------------------
d) Aggregated information N/A
---------------------------------- -----------------------------------
* Aggregated volume
* Price
---------------------------------- -----------------------------------
e) Date of the transaction 14 March 2019
---------------------------------- -----------------------------------
f) Place of the transaction AIMX
---------------------------------- -----------------------------------
Enquiries
Redde plc Tel: 01225 321134
Martin Ward - Chief Executive Officer
Stephen Oakley - Chief Financial Officer
Cenkos Securities plc (Nominated Adviser Tel: 0207 397
and Joint Broker) 8900
Mark Connelly
Giles Balleny
Harry Hargreaves
N+1 Singer Capital Markets Limited (Joint Tel: 0207 496
Broker) 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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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