TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying                                 REDDE PLC
issuer
of existing shares to which voting rights are
attached:

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                         X

An acquisition or disposal of qualifying financial instruments which may
result in the acquisition of shares already issued to which voting rights
are attached

An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments

An event changing the breakdown of voting rights

Other (please
specify):

3. Full name of person(s) subject to           Moore Europe Capital Management, LLP
the
notification obligation:

4. Full name of shareholder(s)                                         RH Moore, LP
(if different from 3.):

5. Date of the transaction and date on                                  3 July 2014
which the threshold is crossed or
reached:

6. Date on which issuer notified:                                   12 January 2015

7. Threshold(s) that is/are crossed or                                     Below 3%
reached:


8. Notified details:

A: Voting rights attached to shares

Class/type   Situation previous     Resulting situation after the triggering
of           to the triggering      transaction
shares       transaction


if possible  Number     Number      Number        Number of voting        % of voting
using        of         of          of shares     rights                  rights
the ISIN     Shares     Voting
CODE                    Rights
                                      Direct       Direct        Indirect  Direct    Indirect


  Ordinary   10,000,000 10,000,000  7,500,000     7,500,000      N/A      2.75%      N/A
0.1p Shares

GB00BLWF0R63


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial Expiration Exercise/                    Number of voting        % of voting
instrument                  Conversion Period            rights that may be      rights
                  date                                   acquired if the
                                                         instrument is
                                                         exercised/
                                                         converted.



C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments

Resulting situation after the triggering transaction

   Type of     Exercise Expiration   Exercise/        Number of voting           % of voting
  financial     price    date    Conversion       rights instrument              rights
  instrument                       period             refers to

                                                                             Nominal     Delta



Total (A+B+C)

         Number of voting rights                  Percentage of voting rights

                7,500,000                                    2.75%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:




Proxy Voting:

10. Name of the proxy holder:                                  N/A

11. Number of voting rights proxy holder will                  N/A
cease
to hold:

12. Date on which proxy holder will cease to hold              N/A
voting rights:

13. Additional information:            This is a late filing and the percentage
                                       number of voting rights held by RH
                                       Moore, LP has been calculated, using the
                                       total voting rights figure as it was on
                                       3 July 2014 of 272,663,740, rather than
                                       the current total voting rights of
                                       281,442,115.

14. Contact name:                      Katerina Kanaris

15. Contact telephone number:          +44 (0) 20 7470 7478