ZIGUP plc (LON:ZIG), the leading integrated mobility solutions platform providing services across the vehicle lifecycle, will hold its Annual General Meeting at 10.30 a.m. today at the offices of Bryan Cave Leighton Paisner LLP, Governor’s House, 5 Laurence Pountney Hill, London, EC4R 0BR.
At the meeting the following statement will be made:
‘The Group has performed well over the first four months of the financial year. VoH is ahead of the prior year and good vehicle supply has supported our fleet replacement plans. Activity levels in Claims & Services are as expected, alongside continued stable hire durations and it is now entering the traditionally busier autumn and winter period.
We have extended contracts with a number of insurance customers in this period, typically including expanded capacity or products. This reflects the benefits customers see in our integrated offering. We are also preparing for the go-live of a new significant insurance broker customer. Spain continued to grow its footprint through the opening of the first of two new service locations scheduled for the first half.
As part of our strategic technology roadmap, we have launched our new Operations Control Centre, supporting growth of our specialist roadside assistance services. We commenced roll-out of an upgraded UK call-centre infrastructure bringing new functionality and greater efficiency to incident responses. We also launched another direct hire portal for a major insurance partner and have seen an excellent response to the new Spanish e-Auction features.
Leverage is in line with our target range of 1-2x, and our balance sheet is supported by £1.6bn of fleet assets as at end of August.
The Board remains confident of the Group’s long term growth strategy and prospects and our outlook for the year remains unchanged’.
Shareholder returns
Shareholders are being asked today to approve a final dividend of 17.6 pence per share, which will be paid on 30 September 2025, to those shareholders who were on the register at close of business on 29 August 2025. This dividend, if approved, will result in a total ordinary dividend payable in respect of the year ended 30 April 2025 of 26.4 pence per share.
Interim results and Sustainability Report
The Group’s next scheduled trading update will be its interim results for the six months ended 31 October 2025, expected on 3 December 2025.
The Group has also recently published its FY2025 Sustainability Progress Report, which sets out our progress over the past year, our reporting framework and commitments, and plans for FY 2026. This can be found on the website www.zigup.com.
