17th Nov 2016 07:05
REDDE PLC - Director/PDMR ShareholdingREDDE PLC - Director/PDMR Shareholding
PR Newswire
London, November 16
• News Release •
Issue Date: 17 November 2016
Redde plc
(“Company”)
Director/PDMR Shareholding
On 16 November the Company was notified by Martin Ward and Stephen Oakley of the following transactions.
The notifications below are made in accordance with the requirements of the 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 | 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 | N/A | ||||||||
| 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 financial instrument, type of instrument Identification code | Ordinary Shares. GB00BLWFOR63 | ||||||||
| b) | Nature of the transaction | Sale of ordinary shares | ||||||||
| c) | Price(s) and | |||||||||
| volume(s) |
| |||||||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||||
| e) | Date of the transaction | 16 November 2016 | ||||||||
| f) | Place of the transaction | XLON | ||||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||
| a) | Name | Stephen Oakley | ||||||||
| 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 | N/A | ||||||||
| 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 financial instrument, type of instrument Identification code | Ordinary Shares. GB00BLWFOR63 | ||||||||
| b) | Nature of the transaction | Sale of ordinary shares | ||||||||
| c) | Price(s) and | |||||||||
| volume(s) |
| |||||||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||||
| e) | Date of the transaction | 16 November 2016 | ||||||||
| f) | Place of the transaction | XLON | ||||||||
| Enquiries | |||
| Redde plc Martin Ward – Chief Executive Officer Stephen Oakley – Chief Financial Officer | Tel: 01225 321134 | ||
| Cenkos Securities plc (Nominated Adviser and Joint Broker) Elizabeth Bowman | Tel: 0207 397 8900 | ||
| N+1 Singer Capital Markets Limited (Joint Broker) Nic Hellyer | Tel: 0207 496 3000 | ||
| Square1 Consulting David Bick Brian Alexander | Tel: 0207 929 5599 | ||
Notes for Editors:
About Redde plc:
Founded in 1992 and working predominantly with insurance companies, insurance brokers, prestige motor dealerships, and large national fleet owners the Group provides a range of accident management, incident management and legal services.
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.
The name Redde is associated, in Latin, with the concept of restoration.
Related Shares:
REDD.L