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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Redde Northgate Plc | LSE:REDD | London | Ordinary Share | GB00B41H7391 | ORD 50P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.50 | -0.40% | 372.00 | 372.50 | 374.50 | 374.00 | 368.50 | 371.50 | 214,475 | 16:35:07 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Passenger Car Rental | 1.49B | 139.24M | 0.6141 | 6.08 | 846.88M |
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TIDMREDD
* News Release *
Redde plc
Issue Date: 27 April 2017
Trading Update
The Board of Redde ('Group') is pleased to announce that the positive outlook
reported in the interim results announcement on 28 February was amply
justified, with the increased trading volumes recorded in the first half year
being sustained throughout the third quarter. Indications are that this trend
has been maintained during April and the Board remains confident about the
Group's prospects for the financial year as a whole.
For further information, contact:
Redde plc Tel: 01225 321134
Martin Ward, Chief Executive Officer
Stephen Oakley, Chief Financial
Officer
Cenkos Securities plc (Nominated Adviser and Tel: 020 7397 8900
Joint Broker)
Elizabeth Bowman
N+1 Singer Capital Markets Limited (Joint Broker) Tel: 0207 496 3000
Mark Taylor
Square1 Consulting Tel: 020 7929 5599
David Bick
Brian Alexander
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.
The name Redde is associated, in Latin, with the concept of restoration.
END
(END) Dow Jones Newswires
April 28, 2017 10:46 ET (14:46 GMT)
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