REG-ZIGUP plc: Transaction in Own Shares

ZIGUPAnnouncement

07/06/2024 16:30

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH
JURISDICTION

7 June 2024

ZIGUP PLC

(“ZIGUP” or the “Group” or the “Company”)

 

Transaction in Own Shares

 

ZIGUP plc (LSE:ZIG) announces that on 7 June 2024 2024 it purchased the
following number of its own shares to be held in treasury:

 

 Class of shares                       : Ordinary shares of 50p (“shares”)      
 Number of shares purchased            : 50,000                                 
 Weighted average purchase price paid  424.25             pence per share       
 Highest purchase price paid           425             pence per share          
 Lowest purchase price paid            423.5         pence per share            

 

Following the above transaction, the Company’s issued share capital consists
of 246,091,423 ordinary shares of 50p each, of which 20,089,362 ordinary
shares are held in treasury, and 1,000,000 preference shares of 50p each which
do not carry any rights to vote. Therefore, the total number of voting rights
in the Company is 226,002,061 which may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in the
Company under the FCA’s Disclosure Guidance and Transparency Rules.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation) as incorporated into UK domestic law by the European Union
(Withdrawal) Act 2018, the schedule below contains detailed information about
the purchases made by Numis Securities Limited on behalf of the Company as
part of the Company’s buyback programme.

 

Schedule of Purchases – Individual Transactions (as at 7 June 2024)

 

 Number of shares   Transaction price       Time of transaction  Transaction reference number       Venue    
  purchased          (GB pence per share)                                                                    
 25,000 25,000      425.00 423.50           08:35:58 14:32:18    00070209984TRLO0 00070217888TRLO0  LSE LSE  

 

Notes

 

This announcement is made in accordance with the requirements of Listing Rule
12.4.6.

 

For further information contact:

 

Buchanan      

David Rydell/Jamie Hooper/Hannah Ratcliff   +44 (0) 207 466 5000

Notes to Editors:

ZIGUP (formerly Redde Northgate plc) 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 Company 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.

 

The Company'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
approx. 130,000 owned and leased vehicles, supporting over 700,000 managed
vehicles, with over 175 branches across the UK, Ireland and Spain and a
specialist team of over 7,500 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

 



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