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Share Name Share Symbol Market Type Share ISIN Share Description
Redde Northgate Plc LSE:NTG 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
  0.00 0.0% 250.00 249.00 250.00 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 745.5 60.4 38.6 6.5 333

Redde Northgate Plc Rule 19.6(c) post-offer intention statements

22/02/2021 7:00am

UK Regulatory (RNS & others)


 
TIDMREDD 
 
22 February 2021 
 
                    Redde Northgate plc ("Redde Northgate") 
 
   Rule 19.6(c) confirmation with respect to post-offer intention statements 
 
Redde Northgate plc ("Redde Northgate") refers to the merger of Redde Plc and 
Northgate Plc which was effected by way of a scheme of arrangement under Part 
26 of the Companies Act 2006 and which became effective on 21 February 2020. 
 
Redde Northgate announces that, in accordance with the requirements of Rule 
19.6(c) of the Code, it has duly confirmed in writing to The Panel on Takeovers 
and Mergers that it has complied with its post-offer intention statements 
regarding Redde Plc made pursuant to Rules 2.7(c)(iv) and 24.2 of the Code, as 
originally detailed in its announcement of 29 November 2020 and in the scheme 
document published on 12 December 2020 (the "Stated Intentions"), and 
subsequently updated by Redde Northgate's announcement of changes to its Stated 
Intentions dated 1 May 2020. 
 
For further information, contact: 
 
Buchanan 
 
David Rydell / Jamie Hooper / Tilly Abraham: 44 (0) 207 466 5000 
 
Notes to Editors: 
 
Redde Northgate plc is a leading integrated mobility solutions platform formed 
in February 2020 following the all-share Merger of light commercial hire 
business Northgate plc and Redde plc, the provider of incident and accident 
management, legal and other mobility-related services. 
 
The Group provides mobility solutions and automotive services to a wide range 
of businesses and customers spanning the vehicle life cycle across vehicle 
supply, service, maintenance, repair, recovery, accident and incident 
management and disposal through sale or salvage. 
 
With an extensive network and diversified fleet of over 110,000 owned vehicles 
and over 500,000 managed vehicles supported by more than 170 branches across 
the UK, Ireland and Spain, the Group aims to utilise its scale, reach and 
comprehensive suite of integrated services to offer a market-leading customer 
proposition and drive enhanced returns for shareholders. 
 
Further information regarding Redde Northgate plc can be found on the Company's 
website: 
 
www.reddenorthgate.com 
 
 
 
END 
 
 

(END) Dow Jones Newswires

February 22, 2021 02:00 ET (07:00 GMT)

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