REG - ZIGUP PLC - AGM Statement

ZIGUPAnnouncement

23/09/2025 07:00

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RNS Number : 3327A  ZIGUP PLC  23 September 2025

 

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ZIGUP plc

("ZIGUP" or the "Group" or the "Company")

 

23 September 2025

 

AGM Statement

 

Positive start to the year supporting further strategic progress;

on track to achieve market expectations.

 

ZIGUP plc (LSE:ZIG), the leading integrated mobility solutions platform
providing services across the vehicle lifecycle, will hold its Annual General
Meeting at 10.30 a.m. today at the offices of Bryan Cave Leighton Paisner LLP,
Governor's House, 5 Laurence Pountney Hill, London, EC4R 0BR.

 

At the meeting the following statement will be made:

'The Group has performed well over the first four months of the financial
year.  VoH is ahead of the prior year and good vehicle supply has supported
our fleet replacement plans. Activity levels in Claims & Services are as
expected, alongside continued stable hire durations and it is now entering the
traditionally busier autumn and winter period.

We have extended contracts with a number of insurance customers in this
period, typically including expanded capacity or products. This reflects the
benefits customers see in our integrated offering. We are also preparing for
the go-live of a new significant insurance broker customer. Spain continued to
grow its footprint through the opening of the first of two new service
locations scheduled for the first half.

As part of our strategic technology roadmap, we have launched our new
Operations Control Centre, supporting growth of our specialist roadside
assistance services. We commenced roll-out of an upgraded UK call-centre
infrastructure bringing new functionality and greater efficiency to incident
responses. We also launched another direct hire portal for a major insurance
partner and have seen an excellent response to the new Spanish e-Auction
features.

Leverage is in line with our target range of 1-2x, and our balance sheet is
supported by £1.6bn of fleet assets as at end of August.

The Board remains confident of the Group's long term growth strategy and
prospects and our outlook for the year remains unchanged'.

 

Shareholder returns

Shareholders are being asked today to approve a final dividend of 17.6 pence
per share, which will be paid on 30 September 2025, to those shareholders who
were on the register at close of business on 29 August 2025. This dividend, if
approved, will result in a total ordinary dividend payable in respect of the
year ended 30 April 2025 of 26.4 pence per share.

 

 

 

 

 

 

Interim results and Sustainability Report

The Group's next scheduled trading update will be its interim results for the
six months ended 31 October 2025, expected on 3 December 2025.

 

The Group has also recently published its FY2025 Sustainability Progress
Report, which sets out our progress over the past year, our reporting
framework and commitments, and plans for FY 2026.  This can be found on the
website www.zigup.com (http://www.zigup.com) .

 

-Ends-

 

For further information contact:

Ross Hawley, Head of Investor
Relations
+44 (0) 1325 528769

 

Burson
Buchanan

Chris Lane/Jamie Hooper
 
+44 (0) 207 466 5000

 

 

Notes to Editors:

About ZIGUP

ZIGUP is the leading integrated mobility solutions provider, with a platform
providing services across the vehicle lifecycle to help people keep on the
move, smarter. The Group offers mobility solutions to businesses, fleet
operators, insurers, OEMs and other customers across a broad range of areas
from vehicle rental and fleet management to accident management, vehicle
repairs, service and maintenance.

The mobility landscape is changing, becoming ever more connected and ZIGUP
uses its knowledge and expertise to guide customers through the
transformation, whether that is more digitally connected solutions or
supporting the transition to lower carbon mobility through providing EVs,
charging solutions and consultancy. We are proud to be a King's Award for
Enterprise 2025 holder, recognised for our commitment to Promoting Opportunity
and supporting social mobility. Awarded for our efforts to draw fresh young
talent into our industry, we are dedicated to attracting and retaining the
next generation of automotive technicians by offering accessible pathways for
individuals from all backgrounds to succeed and thrive.

The Group's core purpose is to keep its customers mobile, smarter - through
meeting their regular mobility needs or by servicing and supporting them when
unforeseen events occur. With our considerable scale and reach, ZIGUP's
mission is to offer an imaginative, market-leading customer proposition and
drive enhanced returns for shareholders by creating value through sustainable
compounding growth. The Group seeks to achieve this through the delivery of
its new strategic framework of Enable, Deliver and Grow.

ZIGUP supports its customers through a network and diversified fleet of over
130,000 owned and leased vehicles, supporting over 1 million managed vehicles,
with over 180 branches across the UK, Ireland and Spain and a specialist team
of over 7,800 employees.  We are a trusted partner to many of the leading
insurance and leasing companies, blue chip corporates and a broad range of
businesses across a diverse range of sectors. Our strength comes not only from
our breadth of our award-winning solutions, but from our extensive network
reach, our wealth of experience and continual focus on delivering an
exceptional customer experience. Further information regarding ZIGUP plc can
be found on the Company's website: www.zigup.com
(https://eur02.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.zigup.com%2F&data=05%7C02%7CRoss.Hawley%40zigup.com%7C8740005fd4bf439f53a308dd92d3a7be%7C38ef2495404a410f9ec8cbb8885ba22d%7C0%7C0%7C638828159949717561%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=GlCAPl42Hk97T5ej03rerqaUhllIxa5Wiar2DMcwY7k%3D&reserved=0)

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