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On 2nd February 2022, Lombard Odier Asset Management (Europe) Limited (LOAME) informed Redde Northgate PLC that its shareholding had reduced to 5.99% from 9.58%, clarifying that the 9.58% figure related to LOAME's holding in Redde PLC in November 2019 prior to the merger. Between 6th May 2021 and 4th February 2022, LOAME's interest in the Company's ordinary share capital varied between 5.99% and 6.98%, with LOAME owning 14,821,879 voting rights and financial instruments, representing 6.02% as at 4th February 2022.
| Date | 7 Feb 2022 |
| Time | 16:09:59 |
| Category | Holding(s) in company |
| ID | 9359A |
Clarification - Substantial Shareholding
On 2nd February 2022 Lombard Odier Asset Management (Europe) Limited ("LOAME"), informed Redde Northgate PLC ("the Company") that its shareholding in the Company had reduced from 9.58% to 5.99%. The reference to 9.58% was LOAME's holding in Redde PLC in November 2019 prior to the merger of Redde plc and Northgate plc. Between 6th May 2021 (when LOAME last crossed a percentage point) and 4th February 2022, LOAME has had a continual interest in the ordinary share capital of the Company varying between a low of 5.99% and a high of 6.98%. As at 4th February 2022, LOAME owns 14,821,879 in voting rights and financial instruments representing 6.02% of the issued ordinary share capital.