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PR Newswire
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REDDE PLC - Directorate Change

REDDE PLC - Directorate Change

PR Newswire

28 November 2018

Redde plc

("Redde" or the "Group")

Directorate Change

Redde plc (AIM: REDD), a leading provider of mobility, incident management solutions and legal services to motorists, car dealerships, fleet owners and the insurance industry, is pleased to announce that Mark Chessman has been appointed as an Executive Director of the Group.

Mark joined FMG as Chief Operating Officer in December 2014, becoming first managing director in April 2015 and then, following FMG's acquisition by Redde, its Chief Executive Officer in October 2015. Mark is an associate of the Chartered Institute of Management Accountants and, prior to his role at FMG, spent twelve years with Lex Autolease, initially in 2002 as Finance director of Lloyds TSB Autolease and latterly as corporate sales director. In July 2018 Mark was appointed, and will continue, as Redde's Chief Operating Officer.

Martin Ward, Chief Executive, commented:

"I am delighted to welcome Mark as an Executive Director of Redde. He has strong and relevant experience to support the future growth and direction of the business and will add strength to the board team"

See the appendix below for appointments, shareholding and other regulatory information.

Enquiries
Redde plcTel: 01225 321134
Martin Ward - Chief Executive Officer
Stephen Oakley - Chief Financial Officer
Cenkos Securities plc (Nominated Adviser and Joint Broker)Tel: 0207 397 8900
Mark Connelly
Harry Hargreaves
N+1 Singer Capital Markets Limited (Joint Broker)Tel:0207 496 3000
Mark Taylor
Square1 ConsultingTel:0207 929 5599
David Bick

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, clinical negligence and employer and public liability law advice.

The name Redde is associated, in Latin, with the concept of restoration.

Appendix

Full name (age)
Mark Francis Chessman (54)
Current directorships / partnerships:
ANGEL ASSISTANCE LIMITED
AUXILLIS LIMITED
AUXILLIS SERVICES LIMITED
CAB AID LIMITED
F M G SUPPORT (HO) LIMITED
FMG FINANCE LIMITED
FMG GROUP HOLDINGS LIMITED
FMG SUPPORT (FIM) LTD
FMG SUPPORT (RRRM) LTD
FMG SUPPORT GROUP LIMITED
FMG SUPPORT LTD
HAS ACCIDENT MANAGEMENT SOLUTIONS LIMITED
HELPHIRE EBT TRUSTEE LIMITED
HHFS LIMITED
NEWLAW LEGAL LIMITED
ROSE BIDCO LIMITED
RUNMYCAR LIMITED
TOTAL ACCIDENT MANAGEMENT LIMITED
Previous directorships / partnerships (in the last five years):
CAPITAL BANK VEHICLE MANAGEMENT LIMITED
FMG SUPPORT (PROPERTY) LIMITED
FMG SUPPORT GROUP LIMITED
FREEWAY LIMITED
GODFREY DAVIS (CONTRACT HIRE) LIMITED
HALIFAX VEHICLE LEASING (1998) LIMITED
HVF LIMITED
LEX VEHICLE FINANCE LIMITED
LEX VEHICLE PARTNERS (1) LIMITED
LEX VEHICLE PARTNERS (2) LIMITED
LEX VEHICLE PARTNERS (3) LIMITED
LEX VEHICLE PARTNERS (4) LIMITED
LEX VEHICLE PARTNERS LIMITED
NETRENTACAR LIMITED
THE FLEET MANAGEMENT COMPANY LIMITED
VEHICLE LEASING (1) LIMITED
VEHICLE LEASING (2) LIMITED
VEHICLE LEASING (3) LIMITED
VEHICLE LEASING (4) LIMITED
WHITEFLEET LIMITED

As at today's date, Mr Chessman holds 89,991 ordinary shares in the capital of the Company.

There are no further disclosures to be made pursuant to Schedule 2(g) of the AIM Rules for Companies in respect of Mr Chessman's appointment.

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© 2018 PR Newswire
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