Redde Northgate Plc - Transaction in Own Shares

PR Newswire

6 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 05 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 :  100,000
Weighted average purchase price paid :  429.5077 pence per share
Highest purchase price paid :  430 pence per share
Lowest purchase price paid :  428  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 437,105 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 245,654,318, 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 5 April 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
183 430.00  08:32:18 00058114406TRLO0 LSE
885 430.00  09:35:29 00058116421TRLO0 LSE
143 430.00  09:53:30 00058116775TRLO0 LSE
873 430.00  09:53:30 00058116776TRLO0 LSE
74 430.00  09:53:30 00058116777TRLO0 LSE
774 430.00  09:53:30 00058116778TRLO0 LSE
907 430.00  09:53:30 00058116779TRLO0 LSE
912 430.00  09:53:30 00058116780TRLO0 LSE
861 430.00  09:53:30 00058116781TRLO0 LSE
1211 430.00  09:53:30 00058116782TRLO0 LSE
844 430.00  09:53:30 00058116783TRLO0 LSE
1109 430.00  09:53:30 00058116784TRLO0 LSE
785 429.00  09:54:02 00058116804TRLO0 LSE
300 429.00  09:54:03 00058116805TRLO0 LSE
8 429.50  09:59:43 00058116955TRLO0 LSE
811 430.00  11:07:30 00058119373TRLO0 LSE
196 430.00  11:10:09 00058119448TRLO0 LSE
954 430.00  11:10:09 00058119449TRLO0 LSE
848 430.00  11:10:09 00058119450TRLO0 LSE
838 430.00  11:10:09 00058119451TRLO0 LSE
97 430.00  11:10:09 00058119452TRLO0 LSE
929 430.00  11:10:09 00058119453TRLO0 LSE
913 430.00  11:10:09 00058119454TRLO0 LSE
983 430.00  11:10:09 00058119455TRLO0 LSE
896 429.50  11:10:11 00058119457TRLO0 LSE
954 429.00  11:29:25 00058120006TRLO0 LSE
1039 430.00  11:34:02 00058120094TRLO0 LSE
1032 430.00  11:34:02 00058120099TRLO0 LSE
25000 429.50  11:34:36 00058120104TRLO0 LSE
956 430.00  11:45:02 00058120266TRLO0 LSE
562 430.00  11:51:02 00058120412TRLO0 LSE
452 430.00  11:51:02 00058120413TRLO0 LSE
1041 429.50  12:06:35 00058120686TRLO0 LSE
179 429.50  12:07:35 00058120719TRLO0 LSE
350 429.50  12:07:35 00058120718TRLO0 LSE
443 429.50  12:07:35 00058120720TRLO0 LSE
399 429.50  12:14:51 00058120952TRLO0 LSE
994 430.00  12:22:19 00058121259TRLO0 LSE
2441 430.00  12:23:55 00058121294TRLO0 LSE
2044 430.00  12:40:27 00058121752TRLO0 LSE
1265 430.00  12:43:30 00058121801TRLO0 LSE
1093 429.50  12:47:45 00058121932TRLO0 LSE
1299 429.50  12:50:08 00058121990TRLO0 LSE
880 429.50  12:55:30 00058122102TRLO0 LSE
986 429.50  12:59:38 00058122246TRLO0 LSE
303 430.00  13:05:17 00058122488TRLO0 LSE
58 430.00  13:05:17 00058122489TRLO0 LSE
24 430.00  13:05:17 00058122490TRLO0 LSE
300 430.00  13:05:17 00058122491TRLO0 LSE
300 430.00  13:05:17 00058122492TRLO0 LSE
44 430.00  13:05:17 00058122493TRLO0 LSE
1079 430.00  13:06:08 00058122516TRLO0 LSE
151 430.00  13:08:09 00058122549TRLO0 LSE
968 430.00  13:08:09 00058122550TRLO0 LSE
1024 429.50  13:13:48 00058122646TRLO0 LSE
525 429.00  13:24:38 00058122867TRLO0 LSE
446 429.00  13:24:38 00058122866TRLO0 LSE
107 428.50  13:35:42 00058123150TRLO0 LSE
283 428.50  13:35:42 00058123152TRLO0 LSE
562 428.50  13:35:42 00058123151TRLO0 LSE
350 428.50  13:35:42 00058123153TRLO0 LSE
510 428.00  13:42:17 00058123355TRLO0 LSE
358 428.00  13:42:17 00058123354TRLO0 LSE
165 428.00  13:42:17 00058123356TRLO0 LSE
917 428.00  14:00:56 00058123969TRLO0 LSE
862 428.00  14:06:04 00058124152TRLO0 LSE
1 428.00  14:11:04 00058124347TRLO0 LSE
331 428.00  14:11:04 00058124346TRLO0 LSE
360 428.00  14:11:04 00058124345TRLO0 LSE
350 428.00  14:11:04 00058124344TRLO0 LSE
845 428.50  14:17:56 00058124652TRLO0 LSE
903 428.50  14:22:43 00058124844TRLO0 LSE
198 429.00  14:29:20 00058125034TRLO0 LSE
3122 429.00  14:29:20 00058125033TRLO0 LSE
306 429.00  14:29:20 00058125032TRLO0 LSE
1812 429.00  14:35:14 00058125356TRLO0 LSE
1150 429.00  14:40:14 00058125580TRLO0 LSE
1070 429.00  14:44:14 00058125715TRLO0 LSE
1002 429.50  14:45:22 00058125734TRLO0 LSE
680 429.50  14:46:28 00058125766TRLO0 LSE
1000 430.00  14:47:18 00058125831TRLO0 LSE
1030 428.50  14:56:39 00058126447TRLO0 LSE
862 429.00  15:01:18 00058126701TRLO0 LSE
847 428.50  15:02:10 00058126749TRLO0 LSE
973 428.00  15:07:15 00058127094TRLO0 LSE
1005 428.50  15:19:08 00058128070TRLO0 LSE
350 428.50  15:19:08 00058128071TRLO0 LSE
896 430.00  15:30:31 00058129154TRLO0 LSE
952 430.00  15:30:31 00058129155TRLO0 LSE
300 430.00  15:30:31 00058129156TRLO0 LSE
943 430.00  15:30:31 00058129157TRLO0 LSE
579 430.00  15:48:38 00058130575TRLO0 LSE
464 430.00  16:03:23 00058132008TRLO0 LSE
327 430.00  16:03:23 00058132009TRLO0 LSE
546 430.00  16:03:23 00058132010TRLO0 LSE
853 430.00  16:03:23 00058132011TRLO0 LSE
891 430.00  16:03:23 00058132012TRLO0 LSE
1027 430.00  16:03:23 00058132013TRLO0 LSE
33 429.50  16:04:01 00058132079TRLO0 LSE
300 429.50  16:04:01 00058132078TRLO0 LSE
300 429.50  16:04:01 00058132077TRLO0 LSE
226 429.50  16:04:01 00058132076TRLO0 LSE
1016 430.00  16:16:25 00058133147TRLO0 LSE
442 430.00  16:16:25 00058133148TRLO0 LSE
300 430.00  16:16:25 00058133149TRLO0 LSE
160 430.00  16:16:25 00058133150TRLO0 LSE
52 430.00  16:16:25 00058133151TRLO0 LSE
76 429.50  16:19:04 00058133387TRLO0 LSE
171 429.50  16:20:11 00058133491TRLO0 LSE
416 429.50  16:20:11 00058133490TRLO0 LSE
454 429.50  16:21:41 00058133589TRLO0 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