Redde Northgate Plc - Transaction in Own Shares

PR Newswire

13 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 12 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 :  110,000
Weighted average purchase price paid :  402.5157 pence per share
Highest purchase price paid :  403.5 pence per share
Lowest purchase price paid :  400 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 960,991 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 245,130,432, 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 12 April 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
277 402.00  08:34:59 00058243068TRLO0 LSE
17 401.00  08:39:35 00058243249TRLO0 LSE
1238 401.00  08:39:35 00058243248TRLO0 LSE
1381 403.00  08:45:20 00058243387TRLO0 LSE
522 402.50  09:00:34 00058244064TRLO0 LSE
800 402.50  09:00:34 00058244063TRLO0 LSE
299 402.50  09:00:34 00058244066TRLO0 LSE
611 402.50  09:00:34 00058244065TRLO0 LSE
107 402.50  09:00:34 00058244069TRLO0 LSE
57 402.50  09:00:34 00058244068TRLO0 LSE
96 402.50  09:00:34 00058244067TRLO0 LSE
772 403.00  09:04:23 00058244295TRLO0 LSE
519 403.00  09:04:23 00058244296TRLO0 LSE
1303 403.00  09:04:23 00058244297TRLO0 LSE
89 403.50  09:04:23 00058244298TRLO0 LSE
350 403.50  09:04:23 00058244299TRLO0 LSE
431 403.50  09:04:23 00058244300TRLO0 LSE
347 403.50  09:04:23 00058244301TRLO0 LSE
897 402.00  09:17:02 00058244798TRLO0 LSE
348 402.00  09:17:02 00058244797TRLO0 LSE
1 401.50  09:17:34 00058244813TRLO0 LSE
1265 403.00  09:32:20 00058245230TRLO0 LSE
598 403.50  09:44:28 00058245811TRLO0 LSE
574 403.50  09:44:28 00058245812TRLO0 LSE
116 403.50  09:44:28 00058245813TRLO0 LSE
105 403.50  09:52:16 00058246207TRLO0 LSE
350 403.50  09:52:16 00058246208TRLO0 LSE
447 403.50  09:52:16 00058246209TRLO0 LSE
550 403.00  09:52:16 00058246211TRLO0 LSE
704 403.00  09:52:16 00058246210TRLO0 LSE
512 403.00  09:55:11 00058246317TRLO0 LSE
300 403.00  09:55:11 00058246316TRLO0 LSE
300 403.00  09:55:11 00058246315TRLO0 LSE
523 403.00  09:55:17 00058246325TRLO0 LSE
408 403.00  09:55:17 00058246326TRLO0 LSE
161 403.00  10:02:47 00058246548TRLO0 LSE
896 403.00  10:03:47 00058246603TRLO0 LSE
400 403.00  10:03:47 00058246602TRLO0 LSE
503 403.00  10:03:47 00058246604TRLO0 LSE
51 403.00  10:04:14 00058246612TRLO0 LSE
59 403.50  10:08:48 00058246793TRLO0 LSE
350 403.50  10:08:48 00058246794TRLO0 LSE
396 403.50  10:08:48 00058246795TRLO0 LSE
90 403.50  10:08:48 00058246796TRLO0 LSE
75 403.50  10:08:48 00058246797TRLO0 LSE
350 403.50  10:08:48 00058246798TRLO0 LSE
25 403.50  10:08:48 00058246799TRLO0 LSE
440 403.50  10:08:48 00058246800TRLO0 LSE
155 403.50  10:08:48 00058246801TRLO0 LSE
350 403.50  10:08:48 00058246802TRLO0 LSE
1298 403.00  10:11:29 00058246882TRLO0 LSE
84 402.50  10:31:47 00058247833TRLO0 LSE
247 402.50  10:31:47 00058247832TRLO0 LSE
780 402.50  10:33:54 00058247949TRLO0 LSE
45 402.50  10:43:50 00058248428TRLO0 LSE
133 402.50  10:56:53 00058249001TRLO0 LSE
1213 402.50  11:00:27 00058249118TRLO0 LSE
76 402.50  11:00:27 00058249117TRLO0 LSE
324 402.00  11:03:00 00058249176TRLO0 LSE
340 402.00  11:12:52 00058249432TRLO0 LSE
574 402.00  11:12:52 00058249431TRLO0 LSE
350 403.00  11:18:35 00058249655TRLO0 LSE
350 403.00  11:18:40 00058249660TRLO0 LSE
252 403.00  11:18:40 00058249659TRLO0 LSE
124 403.50  11:21:05 00058249760TRLO0 LSE
181 403.50  11:21:05 00058249761TRLO0 LSE
350 403.50  11:21:05 00058249762TRLO0 LSE
437 403.50  11:21:05 00058249763TRLO0 LSE
1365 403.00  11:21:05 00058249764TRLO0 LSE
1241 402.50  11:23:16 00058249835TRLO0 LSE
275 403.00  11:25:00 00058249902TRLO0 LSE
188 403.00  11:25:00 00058249901TRLO0 LSE
188 403.00  11:25:00 00058249900TRLO0 LSE
39 403.00  11:25:00 00058249899TRLO0 LSE
512 403.00  11:25:00 00058249898TRLO0 LSE
271 403.50  11:25:00 00058249903TRLO0 LSE
350 403.50  11:25:00 00058249904TRLO0 LSE
311 403.50  11:25:00 00058249905TRLO0 LSE
642 403.00  11:36:41 00058250353TRLO0 LSE
300 403.00  11:38:59 00058250446TRLO0 LSE
621 403.00  11:39:48 00058250470TRLO0 LSE
200 403.00  11:39:48 00058250469TRLO0 LSE
40 403.50  11:53:00 00058251072TRLO0 LSE
40 403.50  11:53:00 00058251073TRLO0 LSE
350 403.50  11:53:00 00058251074TRLO0 LSE
174 403.50  11:53:00 00058251075TRLO0 LSE
77 403.50  11:53:00 00058251076TRLO0 LSE
350 403.50  12:04:25 00058251421TRLO0 LSE
630 403.50  12:04:25 00058251422TRLO0 LSE
920 403.00  12:04:30 00058251429TRLO0 LSE
285 403.00  12:04:30 00058251428TRLO0 LSE
350 403.00  12:12:05 00058251709TRLO0 LSE
500 403.00  12:12:05 00058251710TRLO0 LSE
30000 403.00  12:16:16 00058251888TRLO0 LSE
277 403.50  12:16:16 00058251889TRLO0 LSE
205 402.50  12:20:11 00058252006TRLO0 LSE
593 402.50  12:20:31 00058252012TRLO0 LSE
562 402.50  12:24:11 00058252115TRLO0 LSE
795 402.00  12:27:01 00058252171TRLO0 LSE
216 402.00  12:30:00 00058252285TRLO0 LSE
115 402.00  12:30:00 00058252284TRLO0 LSE
20 402.00  12:30:00 00058252283TRLO0 LSE
52 402.00  12:30:00 00058252282TRLO0 LSE
1214 400.50  12:55:40 00058253214TRLO0 LSE
678 400.50  13:00:36 00058253359TRLO0 LSE
149 400.50  13:00:36 00058253358TRLO0 LSE
82 400.50  13:28:17 00058254135TRLO0 LSE
350 400.50  13:28:17 00058254134TRLO0 LSE
760 400.50  13:28:17 00058254133TRLO0 LSE
26 400.50  13:28:17 00058254132TRLO0 LSE
29 400.50  13:28:17 00058254131TRLO0 LSE
350 401.50  13:34:17 00058254926TRLO0 LSE
483 401.50  13:34:17 00058254925TRLO0 LSE
83 401.50  13:34:17 00058254924TRLO0 LSE
180 401.50  13:34:17 00058254923TRLO0 LSE
163 401.50  13:50:19 00058255531TRLO0 LSE
210 401.50  13:56:18 00058255834TRLO0 LSE
535 402.00  14:08:00 00058256212TRLO0 LSE
410 402.00  14:08:00 00058256211TRLO0 LSE
349 402.00  14:08:00 00058256210TRLO0 LSE
1018 401.50  14:08:45 00058256233TRLO0 LSE
131 401.50  14:08:45 00058256232TRLO0 LSE
852 400.50  14:09:11 00058256335TRLO0 LSE
339 400.50  14:09:11 00058256336TRLO0 LSE
237 400.50  14:22:46 00058256754TRLO0 LSE
918 400.50  14:22:46 00058256753TRLO0 LSE
1247 400.00  14:31:51 00058257038TRLO0 LSE
349 402.50  14:44:09 00058258282TRLO0 LSE
480 402.00  14:44:09 00058258287TRLO0 LSE
26 402.00  14:44:09 00058258286TRLO0 LSE
757 402.00  14:44:09 00058258285TRLO0 LSE
967 402.50  14:44:09 00058258284TRLO0 LSE
350 402.50  14:44:09 00058258283TRLO0 LSE
416 402.50  14:44:09 00058258290TRLO0 LSE
486 402.50  14:44:09 00058258289TRLO0 LSE
350 402.50  14:44:09 00058258288TRLO0 LSE
217 401.00  14:58:26 00058258848TRLO0 LSE
1037 401.00  14:58:42 00058258857TRLO0 LSE
431 401.00  14:58:45 00058258869TRLO0 LSE
25 401.00  14:58:45 00058258870TRLO0 LSE
293 403.00  15:05:05 00058259208TRLO0 LSE
338 403.00  15:07:46 00058259391TRLO0 LSE
360 403.00  15:07:46 00058259390TRLO0 LSE
574 403.00  15:07:46 00058259389TRLO0 LSE
1859 403.00  15:17:10 00058260001TRLO0 LSE
409 403.00  15:17:10 00058260002TRLO0 LSE
1349 402.00  15:19:22 00058260095TRLO0 LSE
1 402.00  15:29:14 00058260739TRLO0 LSE
130 402.50  15:30:05 00058260795TRLO0 LSE
675 402.50  15:30:05 00058260794TRLO0 LSE
1705 402.50  15:30:05 00058260793TRLO0 LSE
343 401.50  15:38:32 00058261187TRLO0 LSE
292 401.50  15:41:59 00058261359TRLO0 LSE
2211 402.00  15:42:54 00058261390TRLO0 LSE
340 402.00  15:42:54 00058261389TRLO0 LSE
187 402.00  15:42:54 00058261388TRLO0 LSE
386 401.50  15:51:16 00058261967TRLO0 LSE
877 401.50  15:51:16 00058261966TRLO0 LSE
233 401.50  15:58:59 00058262372TRLO0 LSE
1127 402.00  15:59:55 00058262416TRLO0 LSE
1429 402.00  16:00:06 00058262431TRLO0 LSE
350 402.00  16:00:06 00058262430TRLO0 LSE
101 402.00  16:04:06 00058262614TRLO0 LSE
1024 402.00  16:04:06 00058262613TRLO0 LSE
1174 402.00  16:08:06 00058262937TRLO0 LSE
300 401.50  16:11:45 00058263201TRLO0 LSE
400 401.50  16:11:45 00058263200TRLO0 LSE
255 401.50  16:11:45 00058263199TRLO0 LSE
122 401.50  16:11:45 00058263203TRLO0 LSE
300 401.50  16:11:45 00058263202TRLO0 LSE
698 401.50  16:15:11 00058263440TRLO0 LSE
30 402.00  16:19:28 00058263798TRLO0 LSE
136 402.00  16:19:28 00058263797TRLO0 LSE
300 402.00  16:19:28 00058263796TRLO0 LSE
44 402.00  16:19:28 00058263795TRLO0 LSE
151 402.00  16:19:28 00058263794TRLO0 LSE
496 402.00  16:19:28 00058263799TRLO0 LSE
147 402.00  16:19:29 00058263810TRLO0 LSE
443 402.00  16:19:29 00058263811TRLO0 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