Redde Northgate Plc - Transaction in Own Shares

PR Newswire

14 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 13 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 :  75,000
Weighted average purchase price paid :  402.7921 pence per share
Highest purchase price paid :  404.5 pence per share
Lowest purchase price paid :  400.5 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 1,035,991 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 245,055,432, 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 13 April 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
370 400.50  08:39:55 00058266883TRLO0 LSE
400 400.50  08:39:55 00058266882TRLO0 LSE
1000 400.50  08:39:55 00058266881TRLO0 LSE
816 401.50  08:43:08 00058266973TRLO0 LSE
400 401.50  08:43:08 00058266972TRLO0 LSE
400 401.50  08:43:08 00058266971TRLO0 LSE
406 401.50  08:43:08 00058266970TRLO0 LSE
400 401.50  08:43:08 00058266969TRLO0 LSE
14 401.50  08:43:08 00058266968TRLO0 LSE
1155 401.00  08:43:15 00058266974TRLO0 LSE
132 401.50  08:51:55 00058267273TRLO0 LSE
400 402.00  09:05:47 00058267883TRLO0 LSE
800 402.00  09:05:47 00058267882TRLO0 LSE
146 402.00  09:05:47 00058267884TRLO0 LSE
348 402.50  09:07:11 00058268046TRLO0 LSE
348 402.50  09:07:11 00058268045TRLO0 LSE
56 402.50  09:07:11 00058268050TRLO0 LSE
350 402.50  09:07:11 00058268049TRLO0 LSE
285 402.50  09:07:11 00058268048TRLO0 LSE
549 402.50  09:07:11 00058268047TRLO0 LSE
225 402.50  09:07:11 00058268052TRLO0 LSE
350 402.50  09:07:11 00058268051TRLO0 LSE
827 402.50  09:07:11 00058268055TRLO0 LSE
338 402.50  09:07:11 00058268054TRLO0 LSE
350 402.50  09:07:11 00058268053TRLO0 LSE
350 402.50  09:07:11 00058268057TRLO0 LSE
483 402.50  09:07:11 00058268056TRLO0 LSE
1147 401.50  09:14:35 00058268482TRLO0 LSE
419 401.50  09:14:35 00058268485TRLO0 LSE
456 401.50  09:14:35 00058268484TRLO0 LSE
458 401.50  09:14:35 00058268483TRLO0 LSE
673 400.50  09:19:26 00058268728TRLO0 LSE
602 400.50  09:27:03 00058268971TRLO0 LSE
299 401.00  09:42:11 00058269569TRLO0 LSE
3044 401.50  10:05:42 00058270356TRLO0 LSE
350 401.50  10:05:42 00058270355TRLO0 LSE
244 401.50  10:05:42 00058270358TRLO0 LSE
350 401.50  10:05:42 00058270357TRLO0 LSE
350 401.50  10:05:42 00058270359TRLO0 LSE
350 401.50  10:05:42 00058270360TRLO0 LSE
1237 403.50  10:18:45 00058270870TRLO0 LSE
760 403.50  10:18:45 00058270869TRLO0 LSE
400 403.50  10:18:45 00058270868TRLO0 LSE
659 403.50  10:18:45 00058270871TRLO0 LSE
699 403.50  10:30:02 00058271315TRLO0 LSE
556 403.50  10:30:02 00058271314TRLO0 LSE
1433 403.00  10:30:43 00058271370TRLO0 LSE
350 403.00  10:32:46 00058271424TRLO0 LSE
54 403.00  10:32:46 00058271423TRLO0 LSE
549 403.00  10:32:46 00058271422TRLO0 LSE
28 402.50  10:39:18 00058271787TRLO0 LSE
1286 402.50  10:39:18 00058271788TRLO0 LSE
1189 402.50  10:39:18 00058271789TRLO0 LSE
984 401.50  11:46:00 00058274046TRLO0 LSE
225 401.50  11:46:00 00058274045TRLO0 LSE
210 403.50  13:00:12 00058276320TRLO0 LSE
400 403.50  13:00:12 00058276319TRLO0 LSE
1200 403.50  13:00:12 00058276318TRLO0 LSE
500 403.50  13:00:12 00058276317TRLO0 LSE
285 403.50  13:00:12 00058276316TRLO0 LSE
1376 404.00  13:07:06 00058276579TRLO0 LSE
400 403.50  13:07:06 00058276580TRLO0 LSE
14 404.00  13:07:06 00058276584TRLO0 LSE
352 404.00  13:07:06 00058276583TRLO0 LSE
350 404.00  13:07:06 00058276582TRLO0 LSE
664 404.00  13:07:06 00058276586TRLO0 LSE
350 404.00  13:07:06 00058276585TRLO0 LSE
786 403.50  13:07:06 00058276588TRLO0 LSE
98 403.50  13:07:06 00058276587TRLO0 LSE
767 403.50  13:07:07 00058276589TRLO0 LSE
186 403.50  13:23:15 00058277062TRLO0 LSE
1100 403.50  13:23:15 00058277061TRLO0 LSE
1126 403.00  13:25:30 00058277137TRLO0 LSE
1175 402.50  13:56:53 00058278400TRLO0 LSE
162 402.50  14:14:00 00058278981TRLO0 LSE
1102 402.50  14:14:00 00058278980TRLO0 LSE
1116 402.00  14:14:30 00058278992TRLO0 LSE
34 403.50  14:42:01 00058280168TRLO0 LSE
1166 403.50  14:42:01 00058280167TRLO0 LSE
1154 403.50  14:42:01 00058280169TRLO0 LSE
1343 403.00  14:42:10 00058280219TRLO0 LSE
836 403.00  14:42:54 00058280259TRLO0 LSE
346 403.00  14:42:54 00058280258TRLO0 LSE
1182 402.50  14:42:54 00058280260TRLO0 LSE
974 403.00  14:42:54 00058280262TRLO0 LSE
350 403.00  14:42:54 00058280261TRLO0 LSE
391 403.00  15:00:19 00058281349TRLO0 LSE
193 403.00  15:00:19 00058281348TRLO0 LSE
800 403.00  15:00:19 00058281347TRLO0 LSE
119 403.00  15:05:23 00058281614TRLO0 LSE
850 403.00  15:05:23 00058281615TRLO0 LSE
416 403.00  15:05:27 00058281618TRLO0 LSE
1028 403.50  15:14:06 00058282400TRLO0 LSE
298 403.50  15:14:06 00058282399TRLO0 LSE
128 403.50  15:14:06 00058282398TRLO0 LSE
350 403.50  15:14:06 00058282397TRLO0 LSE
14 403.50  15:14:06 00058282396TRLO0 LSE
245 403.00  15:23:06 00058282929TRLO0 LSE
256 403.00  15:23:06 00058282932TRLO0 LSE
400 403.00  15:23:06 00058282931TRLO0 LSE
400 403.00  15:23:06 00058282930TRLO0 LSE
926 403.00  15:30:02 00058283497TRLO0 LSE
440 403.00  15:30:02 00058283496TRLO0 LSE
1118 403.00  15:30:02 00058283495TRLO0 LSE
318 403.50  15:31:35 00058283661TRLO0 LSE
136 403.50  15:31:35 00058283660TRLO0 LSE
350 403.50  15:31:35 00058283659TRLO0 LSE
220 403.50  15:31:35 00058283658TRLO0 LSE
202 403.50  15:31:35 00058283665TRLO0 LSE
136 403.50  15:31:35 00058283664TRLO0 LSE
350 403.50  15:31:35 00058283663TRLO0 LSE
620 403.50  15:31:35 00058283662TRLO0 LSE
11 402.50  15:35:48 00058283819TRLO0 LSE
400 402.50  15:35:48 00058283818TRLO0 LSE
401 402.50  15:35:48 00058283817TRLO0 LSE
412 402.50  15:39:43 00058283992TRLO0 LSE
734 402.50  15:47:56 00058284496TRLO0 LSE
45 404.00  15:52:28 00058284728TRLO0 LSE
19 404.00  15:52:28 00058284727TRLO0 LSE
86 404.00  15:52:28 00058284726TRLO0 LSE
350 404.00  15:52:28 00058284725TRLO0 LSE
64 403.50  15:52:39 00058284739TRLO0 LSE
350 403.50  15:52:39 00058284738TRLO0 LSE
16 403.50  15:52:56 00058284758TRLO0 LSE
156 403.50  15:52:56 00058284757TRLO0 LSE
350 403.50  15:52:56 00058284756TRLO0 LSE
703 403.50  15:52:56 00058284755TRLO0 LSE
315 403.50  15:53:59 00058284814TRLO0 LSE
135 403.50  15:53:59 00058284813TRLO0 LSE
595 403.50  15:53:59 00058284812TRLO0 LSE
90 403.50  15:56:59 00058284996TRLO0 LSE
208 403.50  15:56:59 00058284995TRLO0 LSE
36 403.50  15:56:59 00058284994TRLO0 LSE
53 403.50  15:56:59 00058284993TRLO0 LSE
401 403.50  15:56:59 00058284992TRLO0 LSE
430 403.50  15:56:59 00058284991TRLO0 LSE
350 403.50  16:05:02 00058285390TRLO0 LSE
53 403.50  16:05:02 00058285389TRLO0 LSE
456 403.50  16:05:02 00058285388TRLO0 LSE
119 403.50  16:05:02 00058285394TRLO0 LSE
51 403.50  16:05:02 00058285393TRLO0 LSE
350 403.50  16:05:02 00058285392TRLO0 LSE
231 403.50  16:05:02 00058285391TRLO0 LSE
350 404.00  16:08:05 00058285616TRLO0 LSE
351 404.00  16:08:05 00058285615TRLO0 LSE
400 404.00  16:10:48 00058285764TRLO0 LSE
400 404.00  16:10:48 00058285763TRLO0 LSE
74 404.00  16:10:48 00058285762TRLO0 LSE
105 404.00  16:12:58 00058285918TRLO0 LSE
357 404.00  16:12:58 00058285919TRLO0 LSE
270 404.50  16:20:05 00058286686TRLO0 LSE
413 404.50  16:20:05 00058286685TRLO0 LSE
20 404.50  16:20:05 00058286684TRLO0 LSE
74 404.50  16:20:05 00058286683TRLO0 LSE
22 404.50  16:20:05 00058286682TRLO0 LSE
350 404.50  16:20:05 00058286681TRLO0 LSE
524 404.50  16:20:05 00058286680TRLO0 LSE
237 404.50  16:20:05 00058286688TRLO0 LSE
426 404.50  16:20:05 00058286687TRLO0 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