Redde Northgate Plc - Transaction in Own Shares

PR Newswire

04 April 2022

REDDE NORTHGATE PLC

(“Redde Northgate” or the “Group” or the “Company”)

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 04 April 2022 it purchased the following number of its own shares to be held in treasury:

Class of shares :  Ordinary shares of 50p (“shares”)
Number of shares purchased :  89,992
Weighted average purchase price paid :  429.6816 pence per share
Highest purchase price paid :  430 pence per share
Lowest purchase price paid :  427.5 pence per share

Following the above transaction, the Company’s issued share capital consists of 246,091,423 ordinary shares of 50p each, of which 337,105  ordinary shares are held in treasury, and 1,000,000 preference shares of 50p each which do not carry any rights to vote. Therefore the total number of voting rights in the Company is 245,754,318, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA´s Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as incorporated into UK domestic law by the European Union (Withdrawal) Act 2018, the schedule below contains detailed information about the purchases made by Numis Securities Limited on behalf of the Company as part of the Company’s buyback programme.

Schedule of Purchases - Individual Transactions (all of 04 April 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
1624 430.00  09:45:11 00058094644TRLO0 LSE
908 430.00  09:45:11 00058094643TRLO0 LSE
1046 430.00  09:45:11 00058094642TRLO0 LSE
1137 430.00  09:45:11 00058094641TRLO0 LSE
1073 430.00  09:45:11 00058094640TRLO0 LSE
943 430.00  09:45:11 00058094639TRLO0 LSE
1085 430.00  09:45:11 00058094638TRLO0 LSE
3148 430.00  09:45:11 00058094637TRLO0 LSE
846 430.00  09:45:11 00058094636TRLO0 LSE
461 430.00  09:45:11 00058094635TRLO0 LSE
283 429.50  09:45:11 00058094650TRLO0 LSE
300 429.50  09:45:11 00058094649TRLO0 LSE
300 429.50  09:45:11 00058094648TRLO0 LSE
300 429.50  09:45:11 00058094647TRLO0 LSE
300 429.50  09:45:11 00058094646TRLO0 LSE
132 429.50  09:45:11 00058094645TRLO0 LSE
350 430.00  09:45:11 00058094651TRLO0 LSE
531 430.00  09:45:11 00058094652TRLO0 LSE
964 430.00  09:45:12 00058094653TRLO0 LSE
1096 429.50  09:51:15 00058094957TRLO0 LSE
27 430.00  10:47:26 00058096973TRLO0 LSE
167 430.00  10:47:26 00058096974TRLO0 LSE
600 430.00  10:47:26 00058096975TRLO0 LSE
95 430.00  10:47:26 00058096976TRLO0 LSE
205 430.00  10:47:26 00058096977TRLO0 LSE
678 430.00  10:47:26 00058096978TRLO0 LSE
1038 430.00  10:47:26 00058096979TRLO0 LSE
1053 430.00  10:47:26 00058096980TRLO0 LSE
971 430.00  10:47:26 00058096981TRLO0 LSE
295 430.00  10:47:26 00058096982TRLO0 LSE
694 430.00  10:47:26 00058096983TRLO0 LSE
561 430.00  10:48:54 00058097033TRLO0 LSE
531 430.00  10:48:54 00058097034TRLO0 LSE
350 430.00  10:48:54 00058097035TRLO0 LSE
437 430.00  10:48:54 00058097036TRLO0 LSE
359 429.50  10:51:19 00058097120TRLO0 LSE
1053 430.00  12:26:01 00058100729TRLO0 LSE
1102 430.00  12:26:01 00058100730TRLO0 LSE
1092 430.00  12:26:01 00058100731TRLO0 LSE
1007 430.00  12:26:01 00058100732TRLO0 LSE
976 430.00  12:26:01 00058100733TRLO0 LSE
1093 430.00  12:26:01 00058100734TRLO0 LSE
1079 430.00  12:26:01 00058100735TRLO0 LSE
971 430.00  12:26:01 00058100736TRLO0 LSE
1031 430.00  12:26:01 00058100737TRLO0 LSE
418 430.00  12:26:01 00058100738TRLO0 LSE
811 430.00  12:27:02 00058100770TRLO0 LSE
32 430.00  12:27:02 00058100771TRLO0 LSE
192 430.00  12:27:50 00058100787TRLO0 LSE
1016 429.50  12:32:02 00058100940TRLO0 LSE
350 429.50  12:32:02 00058100941TRLO0 LSE
117 429.00  12:40:08 00058101188TRLO0 LSE
300 429.00  12:40:08 00058101187TRLO0 LSE
300 429.00  12:40:08 00058101186TRLO0 LSE
301 429.00  12:40:08 00058101185TRLO0 LSE
672 428.50  12:40:08 00058101190TRLO0 LSE
436 428.50  12:40:08 00058101189TRLO0 LSE
350 429.00  12:40:08 00058101191TRLO0 LSE
361 428.00  12:46:08 00058101464TRLO0 LSE
350 428.00  12:46:08 00058101463TRLO0 LSE
466 428.00  12:46:08 00058101462TRLO0 LSE
273 428.00  12:49:08 00058101527TRLO0 LSE
624 428.00  12:49:08 00058101526TRLO0 LSE
943 428.00  12:58:47 00058101763TRLO0 LSE
344 427.50  13:36:01 00058102994TRLO0 LSE
732 427.50  13:37:02 00058103033TRLO0 LSE
452 427.50  13:37:02 00058103032TRLO0 LSE
445 427.50  13:41:02 00058103153TRLO0 LSE
378 427.50  13:41:02 00058103154TRLO0 LSE
72 427.50  13:42:02 00058103175TRLO0 LSE
992 428.50  13:53:47 00058103578TRLO0 LSE
1037 429.50  14:00:11 00058103692TRLO0 LSE
134 430.00  14:10:54 00058103930TRLO0 LSE
919 430.00  14:50:34 00058105818TRLO0 LSE
452 430.00  14:50:34 00058105819TRLO0 LSE
499 430.00  14:50:34 00058105820TRLO0 LSE
699 430.00  14:50:34 00058105821TRLO0 LSE
271 430.00  14:50:34 00058105822TRLO0 LSE
883 430.00  14:50:34 00058105823TRLO0 LSE
448 430.00  14:50:34 00058105824TRLO0 LSE
298 430.00  14:50:34 00058105825TRLO0 LSE
227 430.00  14:50:34 00058105826TRLO0 LSE
444 430.00  14:50:34 00058105827TRLO0 LSE
71 430.00  14:50:34 00058105828TRLO0 LSE
457 430.00  14:50:34 00058105829TRLO0 LSE
600 430.00  14:50:34 00058105830TRLO0 LSE
246 430.00  14:50:34 00058105831TRLO0 LSE
354 430.00  14:50:34 00058105832TRLO0 LSE
300 430.00  14:50:34 00058105833TRLO0 LSE
235 430.00  14:50:34 00058105834TRLO0 LSE
343 430.00  14:50:34 00058105835TRLO0 LSE
121 430.00  14:50:34 00058105836TRLO0 LSE
604 430.00  14:50:34 00058105837TRLO0 LSE
25 430.00  14:50:34 00058105838TRLO0 LSE
25000 430.00  15:06:55 00058106829TRLO0 LSE
854 429.00  15:27:21 00058107664TRLO0 LSE
122 429.00  15:27:21 00058107663TRLO0 LSE
560 429.00  15:27:21 00058107662TRLO0 LSE
350 429.00  15:27:21 00058107665TRLO0 LSE
350 429.00  15:27:21 00058107666TRLO0 LSE
943 429.00  15:31:44 00058107842TRLO0 LSE
23 429.00  15:47:14 00058108377TRLO0 LSE
695 429.00  15:47:14 00058108381TRLO0 LSE
204 429.00  15:47:14 00058108380TRLO0 LSE
109 429.00  15:47:14 00058108379TRLO0 LSE
1026 429.00  15:47:14 00058108378TRLO0 LSE
389 429.00  15:51:14 00058108547TRLO0 LSE
562 429.00  15:51:14 00058108546TRLO0 LSE
254 429.00  15:51:14 00058108549TRLO0 LSE
350 429.00  15:51:14 00058108548TRLO0 LSE
572 429.00  15:51:14 00058108550TRLO0 LSE
350 429.00  15:51:48 00058108567TRLO0 LSE
655 429.00  15:51:48 00058108566TRLO0 LSE
938 429.00  16:18:12 00058110562TRLO0 LSE

Notes

This announcement is made in accordance with the requirements of Listing Rule 12.4.6.

For further information contact:

Buchanan                                                                                  

David Rydell/Jamie Hooper/Tilly Abraham                        44 (0) 207 466 5000

Notes to Editors:

Redde Northgate is the leading integrated mobility solutions platform providing services across the vehicle lifecycle. The Company offers integrated mobility solutions to businesses, fleet operators, insurers, OEMs and other customers across seven key areas: vehicle rental, vehicle data, accident management, vehicle repairs, fleet management, service and maintenance, vehicle ancillary services and vehicle sales.
 

The Company’s core purpose is to keep its customers mobile, whether through meeting their regular mobility needs or by servicing and supporting them when unforeseen events occur. With its considerable scale and reach, Redde Northgate’s mission is to offer a market-leading customer proposition and drive enhanced returns for shareholders by creating value through sustainable compounding growth.  The Group aims to achieve this through the delivery of its strategic framework of Focus, Drive and Broaden.

Redde Northgate services its customers through a network and diversified fleet of over 120,000 owned and leased vehicles, supporting over 600,000 managed vehicles, with more than 170 workshop, body shop and rental locations across the UK, Ireland and Spain and a specialist team of over 6,000 automotive services professionals.

Further information please visit the Company´s website:

www.reddenorthgate.com