Redde Plc Treasury Stock and Options Exercised

 
TIDMREDD 
 
* News Release * 
 
Issue Date: 21 September 2017 
 
                                   Redde plc 
 
                                  ("Company") 
 
         SAYE share exercises and transfer of shares held in Treasury 
 
The Company announces that on 21 September 2017, options over a total of 
230,676 Ordinary shares of 0.1 pence each fully paid in the Company at 48.3 
pence per share have been exercised by staff under the Company's All-Employee 
2014 Save As Your Earn share option scheme. 
 
The shares were issued by the Company by way of a transfer from shares already 
held as treasury shares and no new shares were created. 
 
As at 21 September 2017 the Company's capital consisted of 303,982,031 Ordinary 
Shares in issue of which, following the above transfer of shares out of 
treasury, 36,520 remain held as treasury shares so that the Company has 
303,945,511 Ordinary Shares with voting rights in issue which number may be 
used by shareholders in the Company 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 share capital of the Company under the 
Financial Conduct Authority's Disclosure Guidance and Transparency Rules. 
 
Enquiries 
 
           Redde plc                                                Tel: [phone] 
 
           Martin Ward - Chief Executive Officer 
 
           Stephen Oakley - Chief Financial Officer 
 
           Cenkos Securities plc (Nominated Adviser and Joint       Tel: [phone] 
           Broker) 
 
           Elizabeth Bowman 
 
           N+1 Singer Capital Markets Limited (Joint Broker)        Tel: [phone] 
 
           Mark Taylor 
 
           Square1 Consulting                                       Tel: [phone] 
 
           David Bick 
 
           Brian Alexander 
 
 
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. 
 
 
 
END 
 

(END) Dow Jones Newswires

September 21, 2017 07:07 ET (11:07 GMT)