# Redde Northgate Plc calls General Meeting to approve name change to ZIGUP plc

- Link: https://www.directorstalkinterviews.com/redde-northgate-plc-calls-general-meeting-to-approve-name-change-to-zigup-plc/4121153785
- Published: 2024-04-26T08:06:25+01:00
- Author: Amilia Stone

Redde Northgate plc (LON:REDD) is calling a general meeting for Wednesday 15 May
2024 in order to approve a proposed company name change to ZIGUP plc. 

**Background to proposed name change**

Redde Northgate’s corporate strategy has been focused on delivering differentiated
mobility solutions across the vehicle lifecycle, through an integrated platform.
Since 2020 we have achieved material cost savings and operational efficiencies, 
new large contract wins and embracing new opportunities including through six acquisitions
that have delivered meaningful value and enhanced capabilities.

We operate in-markets which are undergoing significant structural change, including
customers shifting to greater outsourcing, major technology advancements in both
vehicles and customer engagement, and a growing focus on [sustainability](https://www.directorstalkinterviews.com/sustainability-green-stocks-news)
and low carbon energy transition. We help our customers ‘move smarter’ and increasingly
present more of our products and services as packaged services, moving the thinking
away from simple verticals such as van hire and accident management.

Our new brand and company name, ZIGUP are allied to a refreshed strategic framework
under the new pillars of _Enable_, _Deliver_ and _Grow,_ and a recent UK&I-focused
management reorganisation, as we embrace the changing environment in which we and
our customers operate. Together these reflect the strength and breadth of our current
proposition as an enlarged group of businesses, our continued focus on growth, and
commitment to being a leading provider of responsible and integrated mobility solutions
and automotive services. There will be no change to our well-recognised operational
brands, which have meaningful market profiles in their specialist areas.

The Board believes that a more modern brand and name reflecting these changes will
also help shift the narrative with all our stakeholders towards the strategic direction
of travel we set out.  This is aligned to our updated purpose, ‘to keep customers
moving, smarter’. 

If approved, the roll-out of the new brand will commence on 20 May 2024 with legal
registration of the name change by the UK Companies Registry expected to occur no
later than 25 May 2024. Further information on the new strategic pillars, company
name and brand are available on our website: www.reddenorthgate.com.

**General Meeting**

Redde Northgate’s general meeting will take place at 09.00 a.m. on Wednesday 15 
May 2024 at the offices of Bryan Cave Leighton Paisner LLP, Governor’s House, 5 
Laurence Pountney Hill, London, EC4R 0BR.

The Company’s  Notice of  General Meeting, including details of how shareholders
can appoint a proxy, is being sent to shareholders today and, in accordance with
paragraph 9.6.1 of the FCA Listing Rules, has been submitted to the National Storage
Mechanism where it will shortly be available for inspection at https://data.fca.
org.uk/#/nsm/nationalstoragemechanism.

A copy of the Company’s Notice of General Meeting can be accessed from the investor
relations section of the Company´s website at: https://www.reddenorthgate.com/investors/
shareholder-information/agm-information (Notice of  General Meeting).

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