Redde Northgate Plc - Transaction in Own Shares

PR Newswire

12 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 11 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 :  403.7836 pence per share
Highest purchase price paid :  406.5 pence per share
Lowest purchase price paid :  401 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 850,991 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 245,240,432, 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 11 April 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
616 402.50  09:18:03 00058223324TRLO0 LSE
574 402.50  09:18:03 00058223323TRLO0 LSE
574 402.50  09:18:03 00058223322TRLO0 LSE
1119 402.50  09:18:03 00058223325TRLO0 LSE
146 403.50  09:37:33 00058224088TRLO0 LSE
3658 404.00  09:37:33 00058224089TRLO0 LSE
1145 404.50  09:48:10 00058224300TRLO0 LSE
108 404.50  09:48:14 00058224301TRLO0 LSE
28 405.50  09:48:27 00058224323TRLO0 LSE
400 405.50  09:48:27 00058224324TRLO0 LSE
400 405.50  09:48:27 00058224325TRLO0 LSE
648 405.50  09:48:27 00058224326TRLO0 LSE
300 405.50  09:48:27 00058224327TRLO0 LSE
390 406.00  09:54:22 00058224470TRLO0 LSE
81 406.00  09:54:22 00058224471TRLO0 LSE
600 406.00  09:54:22 00058224472TRLO0 LSE
646 406.00  09:54:22 00058224473TRLO0 LSE
63 405.50  09:54:22 00058224474TRLO0 LSE
204 405.50  09:54:32 00058224478TRLO0 LSE
142 406.50  09:59:35 00058224552TRLO0 LSE
769 406.50  09:59:35 00058224553TRLO0 LSE
256 406.50  09:59:35 00058224554TRLO0 LSE
690 406.00  09:59:36 00058224555TRLO0 LSE
300 406.00  09:59:48 00058224561TRLO0 LSE
415 406.00  10:00:02 00058224563TRLO0 LSE
177 406.00  10:00:02 00058224562TRLO0 LSE
778 406.00  10:04:25 00058224651TRLO0 LSE
12 405.50  10:04:39 00058224664TRLO0 LSE
600 405.50  10:13:26 00058225004TRLO0 LSE
116 405.50  10:13:26 00058225003TRLO0 LSE
464 405.50  10:13:26 00058225002TRLO0 LSE
1143 405.00  10:13:26 00058225005TRLO0 LSE
366 405.00  10:46:56 00058225728TRLO0 LSE
800 405.00  10:46:56 00058225727TRLO0 LSE
400 405.00  10:46:56 00058225726TRLO0 LSE
86 405.00  10:46:56 00058225729TRLO0 LSE
1061 405.00  10:46:56 00058225730TRLO0 LSE
54 405.00  10:46:56 00058225731TRLO0 LSE
32 405.00  10:46:56 00058225733TRLO0 LSE
1124 404.50  10:49:10 00058225831TRLO0 LSE
64 404.50  10:49:10 00058225830TRLO0 LSE
71 404.50  10:49:10 00058225829TRLO0 LSE
1701 404.00  11:10:23 00058226252TRLO0 LSE
1000 403.00  11:10:23 00058226253TRLO0 LSE
255 403.00  11:10:38 00058226257TRLO0 LSE
202 403.00  11:15:23 00058226386TRLO0 LSE
82 403.00  11:15:23 00058226385TRLO0 LSE
198 403.00  11:15:23 00058226387TRLO0 LSE
356 402.50  11:15:23 00058226388TRLO0 LSE
54 402.50  11:15:34 00058226416TRLO0 LSE
69 402.50  11:19:49 00058226536TRLO0 LSE
53 402.50  11:26:06 00058226662TRLO0 LSE
1335 402.50  11:35:11 00058226890TRLO0 LSE
657 402.50  11:35:11 00058226889TRLO0 LSE
1379 402.00  11:35:11 00058226891TRLO0 LSE
418 404.00  11:59:08 00058227474TRLO0 LSE
16 404.00  11:59:08 00058227477TRLO0 LSE
260 404.00  11:59:08 00058227476TRLO0 LSE
574 404.00  11:59:08 00058227475TRLO0 LSE
1187 403.50  12:04:02 00058227636TRLO0 LSE
578 403.50  12:15:14 00058227923TRLO0 LSE
1119 403.50  12:15:14 00058227922TRLO0 LSE
219 403.50  12:15:14 00058227921TRLO0 LSE
1417 403.00  12:32:26 00058228923TRLO0 LSE
30 402.00  12:32:26 00058228924TRLO0 LSE
15 403.50  12:39:20 00058229147TRLO0 LSE
350 403.50  12:39:20 00058229146TRLO0 LSE
560 403.50  12:39:20 00058229145TRLO0 LSE
138 403.50  12:39:20 00058229144TRLO0 LSE
971 403.00  12:39:20 00058229149TRLO0 LSE
327 403.00  12:39:20 00058229148TRLO0 LSE
831 403.00  12:39:20 00058229151TRLO0 LSE
10 403.00  12:39:20 00058229150TRLO0 LSE
802 402.00  12:54:03 00058229725TRLO0 LSE
433 402.00  12:54:03 00058229724TRLO0 LSE
663 401.50  12:54:03 00058229726TRLO0 LSE
508 401.50  12:54:03 00058229727TRLO0 LSE
148 401.50  13:13:51 00058230337TRLO0 LSE
470 401.50  13:13:51 00058230336TRLO0 LSE
574 401.50  13:13:51 00058230335TRLO0 LSE
1192 401.00  13:13:51 00058230338TRLO0 LSE
4 401.50  13:14:26 00058230364TRLO0 LSE
98 401.50  13:22:58 00058230616TRLO0 LSE
436 401.50  13:24:06 00058230676TRLO0 LSE
1350 401.50  13:24:06 00058230679TRLO0 LSE
1189 401.50  13:24:06 00058230678TRLO0 LSE
573 401.50  13:24:06 00058230677TRLO0 LSE
303 401.00  13:34:53 00058231112TRLO0 LSE
100 401.00  13:34:53 00058231113TRLO0 LSE
700 401.00  13:34:53 00058231114TRLO0 LSE
1320 401.00  13:34:53 00058231116TRLO0 LSE
469 401.00  13:34:53 00058231115TRLO0 LSE
341 401.00  13:34:53 00058231118TRLO0 LSE
350 401.00  13:34:53 00058231117TRLO0 LSE
623 403.00  13:40:17 00058231286TRLO0 LSE
1121 403.00  13:40:17 00058231288TRLO0 LSE
524 403.00  13:40:17 00058231287TRLO0 LSE
12 402.50  13:43:13 00058231345TRLO0 LSE
39 402.50  13:45:59 00058231403TRLO0 LSE
123 403.00  13:53:07 00058231640TRLO0 LSE
1067 403.00  13:53:07 00058231641TRLO0 LSE
371 402.50  13:53:07 00058231642TRLO0 LSE
84 402.50  13:57:52 00058231808TRLO0 LSE
86 402.50  14:00:06 00058231873TRLO0 LSE
44 402.50  14:03:10 00058232005TRLO0 LSE
1288 402.50  14:11:25 00058232270TRLO0 LSE
421 402.50  14:11:25 00058232269TRLO0 LSE
184 402.50  14:11:25 00058232268TRLO0 LSE
984 402.00  14:11:25 00058232271TRLO0 LSE
62 402.00  14:11:25 00058232272TRLO0 LSE
190 402.00  14:12:26 00058232297TRLO0 LSE
165 402.00  14:12:26 00058232299TRLO0 LSE
168 402.00  14:12:26 00058232298TRLO0 LSE
1340 401.50  14:12:26 00058232300TRLO0 LSE
1382 401.00  14:25:54 00058232899TRLO0 LSE
350 401.00  14:25:54 00058232900TRLO0 LSE
1119 403.00  14:31:21 00058233234TRLO0 LSE
878 403.00  14:31:21 00058233236TRLO0 LSE
350 403.00  14:31:21 00058233235TRLO0 LSE
350 403.00  14:31:21 00058233237TRLO0 LSE
322 403.00  14:37:21 00058233510TRLO0 LSE
400 403.00  14:38:37 00058233579TRLO0 LSE
1589 403.00  14:38:37 00058233578TRLO0 LSE
400 403.00  14:38:37 00058233580TRLO0 LSE
948 403.00  14:38:37 00058233581TRLO0 LSE
350 403.50  14:44:56 00058233902TRLO0 LSE
87 403.50  14:44:56 00058233901TRLO0 LSE
31 403.50  14:44:56 00058233900TRLO0 LSE
37 403.50  14:44:56 00058233899TRLO0 LSE
168 403.50  14:44:56 00058233898TRLO0 LSE
43 403.00  14:45:35 00058233946TRLO0 LSE
67 403.00  14:45:35 00058233945TRLO0 LSE
114 403.00  14:45:35 00058233944TRLO0 LSE
131 403.00  14:45:35 00058233943TRLO0 LSE
329 403.00  14:45:35 00058233942TRLO0 LSE
605 403.00  14:45:35 00058233951TRLO0 LSE
1268 404.50  14:51:20 00058234215TRLO0 LSE
350 405.00  14:57:59 00058234499TRLO0 LSE
113 405.00  14:57:59 00058234498TRLO0 LSE
1335 405.50  15:03:08 00058234788TRLO0 LSE
1368 405.50  15:03:08 00058234787TRLO0 LSE
271 404.50  15:04:45 00058234912TRLO0 LSE
320 405.50  15:07:36 00058235125TRLO0 LSE
350 405.50  15:07:36 00058235124TRLO0 LSE
302 405.50  15:07:36 00058235123TRLO0 LSE
129 405.50  15:07:36 00058235122TRLO0 LSE
108 405.50  15:07:36 00058235121TRLO0 LSE
584 405.50  15:07:36 00058235120TRLO0 LSE
972 405.00  15:09:04 00058235181TRLO0 LSE
350 405.00  15:09:04 00058235180TRLO0 LSE
350 405.00  15:10:17 00058235235TRLO0 LSE
87 405.00  15:10:17 00058235234TRLO0 LSE
392 405.00  15:10:17 00058235233TRLO0 LSE
311 405.00  15:14:45 00058235542TRLO0 LSE
289 405.00  15:16:25 00058235681TRLO0 LSE
369 405.00  15:16:25 00058235680TRLO0 LSE
246 405.00  15:18:05 00058235802TRLO0 LSE
989 405.00  15:19:11 00058235930TRLO0 LSE
325 405.00  15:19:11 00058235929TRLO0 LSE
75 405.00  15:19:11 00058235928TRLO0 LSE
243 404.00  15:23:17 00058236237TRLO0 LSE
39 404.00  15:23:17 00058236236TRLO0 LSE
495 404.00  15:23:17 00058236235TRLO0 LSE
99 404.00  15:24:05 00058236261TRLO0 LSE
313 404.00  15:24:45 00058236279TRLO0 LSE
148 404.50  15:27:56 00058236541TRLO0 LSE
350 404.50  15:27:56 00058236540TRLO0 LSE
53 404.50  15:27:56 00058236539TRLO0 LSE
63 404.50  15:27:56 00058236538TRLO0 LSE
285 404.50  15:27:56 00058236537TRLO0 LSE
90 404.50  15:32:09 00058236797TRLO0 LSE
75 404.50  15:32:09 00058236800TRLO0 LSE
90 404.50  15:32:09 00058236799TRLO0 LSE
420 404.50  15:32:09 00058236798TRLO0 LSE
75 404.50  15:32:09 00058236804TRLO0 LSE
7 404.50  15:32:09 00058236803TRLO0 LSE
83 404.50  15:32:09 00058236802TRLO0 LSE
420 404.50  15:32:09 00058236801TRLO0 LSE
350 404.50  15:33:09 00058236863TRLO0 LSE
312 404.50  15:33:09 00058236862TRLO0 LSE
90 404.50  15:33:09 00058236861TRLO0 LSE
75 404.50  15:33:09 00058236860TRLO0 LSE
420 404.50  15:33:09 00058236859TRLO0 LSE
938 404.50  15:38:06 00058237150TRLO0 LSE
23 404.50  15:38:06 00058237149TRLO0 LSE
329 404.50  15:38:06 00058237151TRLO0 LSE
474 404.50  15:41:06 00058237400TRLO0 LSE
10 404.50  15:41:06 00058237399TRLO0 LSE
269 404.50  15:41:06 00058237398TRLO0 LSE
350 404.50  15:41:06 00058237397TRLO0 LSE
487 404.50  15:45:32 00058237719TRLO0 LSE
350 405.50  15:50:44 00058237975TRLO0 LSE
28 405.50  15:50:44 00058237974TRLO0 LSE
401 405.50  15:51:56 00058238051TRLO0 LSE
143 405.50  15:51:56 00058238050TRLO0 LSE
172 405.50  15:51:56 00058238049TRLO0 LSE
133 405.50  15:51:56 00058238048TRLO0 LSE
56 405.50  15:51:56 00058238056TRLO0 LSE
130 405.50  15:51:56 00058238055TRLO0 LSE
350 405.50  15:51:56 00058238054TRLO0 LSE
702 405.50  15:51:56 00058238053TRLO0 LSE
388 405.50  15:51:56 00058238052TRLO0 LSE
230 405.50  15:55:42 00058238345TRLO0 LSE
388 405.50  15:55:42 00058238344TRLO0 LSE
643 405.50  15:55:42 00058238343TRLO0 LSE
334 405.50  15:58:42 00058238457TRLO0 LSE
119 405.50  15:58:42 00058238456TRLO0 LSE
143 405.50  15:58:42 00058238455TRLO0 LSE
120 405.50  15:58:42 00058238454TRLO0 LSE
350 405.50  16:08:06 00058239139TRLO0 LSE
300 405.50  16:08:06 00058239138TRLO0 LSE
283 405.50  16:08:06 00058239137TRLO0 LSE
238 405.50  16:08:06 00058239136TRLO0 LSE
85 405.50  16:08:06 00058239135TRLO0 LSE
57 405.50  16:08:06 00058239134TRLO0 LSE
284 405.50  16:08:06 00058239145TRLO0 LSE
130 405.50  16:08:06 00058239144TRLO0 LSE
108 405.50  16:08:06 00058239143TRLO0 LSE
350 405.50  16:08:06 00058239142TRLO0 LSE
585 405.50  16:08:06 00058239141TRLO0 LSE
388 405.50  16:08:06 00058239140TRLO0 LSE
354 405.50  16:16:57 00058239773TRLO0 LSE
126 405.50  16:16:57 00058239772TRLO0 LSE
151 405.50  16:16:57 00058239771TRLO0 LSE
680 405.50  16:16:57 00058239770TRLO0 LSE
336 405.50  16:16:57 00058239778TRLO0 LSE
120 405.50  16:16:57 00058239777TRLO0 LSE
14 405.50  16:16:57 00058239776TRLO0 LSE
130 405.50  16:16:57 00058239775TRLO0 LSE
649 405.50  16:16:57 00058239774TRLO0 LSE
63 405.50  16:18:57 00058239901TRLO0 LSE
20 405.50  16:18:57 00058239900TRLO0 LSE
328 405.50  16:18:57 00058239899TRLO0 LSE
140 405.50  16:18:57 00058239898TRLO0 LSE
632 405.50  16:18:57 00058239897TRLO0 LSE
180 405.50  16:23:09 00058240197TRLO0 LSE
139 405.50  16:23:09 00058240196TRLO0 LSE
272 405.50  16:23:09 00058240195TRLO0 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