Response to Requisition Notice

RNS Number : 5254S

Northgate PLC

12 March 2019

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

FOR IMMEDIATE RELEASE

12 March 2019

Response to Requisition Notice

Northgate plc ("Northgate" or the "Company") notes the announcement on 11 March 2019 by Crystal Amber Fund Limited that it delivered to the Board of Northgate (the "Board") a requisition notice pursuant to section 303 of the Companies Act 2006 requiring the Company to call a General Meeting within 21 days of receipt of the requisition, at which resolutions will be proposed to remove the Chairman of Northgate, Andrew Page, as a director from the Board and to appoint Steve Smith to the Board as a director.

The Board will respond in due course.

Enquiries:

MHP Communications	[phone]
Andrew Jaques Simon Hockridge Ollie Hoare

Notes to Editors:

Northgate plc is the leading light commercial vehicle hire business in the UK, Ireland and Spain by fleet size and has been operating in the sector since 1981.

Northgate's core business is the hire of light commercial vehicles to businesses on a flexible or term basis, giving customers the ability to manage their vehicle fleet requirements in a way which can adapt to changing business needs without the requirement to enter into a long-term commitment. Further information regarding Northgate plc can be found on the Company's website: www.northgateplc.com

 

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