Redde Northgate Plc - Transaction in Own Shares

PR Newswire

19 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 14 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 :  403.7699 pence per share
Highest purchase price paid :  405 pence per share
Lowest purchase price paid :  402 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 1,110,991 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 244,980,432, 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 14 April 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
303 402.00  09:30:39 00058293911TRLO0 LSE
271 402.50  10:00:03 00058295194TRLO0 LSE
800 402.50  10:00:03 00058295195TRLO0 LSE
337 402.50  10:00:03 00058295196TRLO0 LSE
1267 402.50  10:50:06 00058297034TRLO0 LSE
682 402.50  10:50:06 00058297046TRLO0 LSE
110 402.50  10:50:06 00058297047TRLO0 LSE
522 402.50  10:50:06 00058297048TRLO0 LSE
1420 403.00  09:55:29 00058294907TRLO0 LSE
522 403.00  10:10:04 00058295661TRLO0 LSE
1297 403.00  10:16:48 00058295923TRLO0 LSE
174 403.00  10:16:48 00058295924TRLO0 LSE
350 403.00  10:20:48 00058296067TRLO0 LSE
368 403.00  10:20:48 00058296068TRLO0 LSE
1423 403.00  11:28:06 00058298311TRLO0 LSE
261 403.00  12:39:52 00058300618TRLO0 LSE
1216 403.00  15:06:22 00058307806TRLO0 LSE
271 403.50  11:18:59 00058297979TRLO0 LSE
60 403.50  11:18:59 00058297980TRLO0 LSE
9 403.50  11:18:59 00058297981TRLO0 LSE
454 403.50  11:18:59 00058297982TRLO0 LSE
350 403.50  11:18:59 00058297983TRLO0 LSE
99 403.50  11:18:59 00058297984TRLO0 LSE
350 403.50  11:19:39 00058298005TRLO0 LSE
454 403.50  11:19:39 00058298006TRLO0 LSE
99 403.50  11:19:39 00058298007TRLO0 LSE
999 403.50  11:58:05 00058299240TRLO0 LSE
350 403.50  11:58:05 00058299241TRLO0 LSE
222 403.50  11:58:05 00058299242TRLO0 LSE
785 403.50  11:58:05 00058299243TRLO0 LSE
350 403.50  11:58:05 00058299244TRLO0 LSE
174 403.50  11:58:05 00058299245TRLO0 LSE
879 403.50  11:58:05 00058299246TRLO0 LSE
195 403.50  11:58:05 00058299247TRLO0 LSE
879 403.50  11:58:05 00058299248TRLO0 LSE
195 403.50  11:58:05 00058299249TRLO0 LSE
4 403.50  11:59:19 00058299268TRLO0 LSE
222 403.50  11:59:19 00058299269TRLO0 LSE
56 403.50  11:59:19 00058299270TRLO0 LSE
974 403.50  11:59:19 00058299271TRLO0 LSE
216 403.50  11:59:19 00058299272TRLO0 LSE
196 403.50  12:16:26 00058299922TRLO0 LSE
75 403.50  12:19:28 00058300042TRLO0 LSE
51 403.50  12:24:54 00058300247TRLO0 LSE
1366 403.50  12:33:16 00058300452TRLO0 LSE
628 403.50  12:38:22 00058300569TRLO0 LSE
139 403.50  12:38:22 00058300570TRLO0 LSE
116 403.50  12:38:22 00058300571TRLO0 LSE
350 403.50  12:38:22 00058300572TRLO0 LSE
181 403.50  12:38:22 00058300573TRLO0 LSE
317 403.50  12:42:05 00058300661TRLO0 LSE
108 403.50  12:42:05 00058300662TRLO0 LSE
500 403.50  12:42:16 00058300665TRLO0 LSE
500 403.50  12:43:16 00058300702TRLO0 LSE
711 403.50  12:44:49 00058300728TRLO0 LSE
1509 403.50  14:45:32 00058306774TRLO0 LSE
815 403.50  14:47:28 00058306860TRLO0 LSE
815 403.50  14:49:28 00058306979TRLO0 LSE
350 403.50  14:49:28 00058306980TRLO0 LSE
114 403.50  14:49:28 00058306981TRLO0 LSE
470 403.50  14:57:48 00058307418TRLO0 LSE
350 403.50  14:57:48 00058307419TRLO0 LSE
109 403.50  14:57:48 00058307420TRLO0 LSE
90 403.50  14:57:48 00058307421TRLO0 LSE
254 403.50  14:57:48 00058307422TRLO0 LSE
119 403.50  14:57:48 00058307423TRLO0 LSE
350 403.50  15:02:48 00058307613TRLO0 LSE
539 403.50  15:02:48 00058307614TRLO0 LSE
116 403.50  15:02:48 00058307615TRLO0 LSE
97 403.50  15:02:48 00058307616TRLO0 LSE
272 403.50  15:02:48 00058307617TRLO0 LSE
99 403.50  15:02:48 00058307618TRLO0 LSE
300 403.50  15:02:52 00058307622TRLO0 LSE
106 403.50  15:02:52 00058307623TRLO0 LSE
127 403.50  15:02:52 00058307624TRLO0 LSE
30 403.50  15:02:52 00058307625TRLO0 LSE
267 403.50  15:02:52 00058307626TRLO0 LSE
403 403.50  15:13:13 00058308042TRLO0 LSE
528 403.50  15:13:13 00058308043TRLO0 LSE
113 403.50  15:13:13 00058308044TRLO0 LSE
264 403.50  15:13:13 00058308045TRLO0 LSE
157 403.50  15:13:13 00058308046TRLO0 LSE
101 403.50  15:55:00 00058310959TRLO0 LSE
451 403.50  15:56:40 00058311055TRLO0 LSE
421 403.50  15:58:20 00058311109TRLO0 LSE
251 403.50  16:00:00 00058311224TRLO0 LSE
67 403.50  16:01:40 00058311331TRLO0 LSE
49 403.50  16:10:33 00058311702TRLO0 LSE
246 403.50  16:11:40 00058311750TRLO0 LSE
218 403.50  16:13:30 00058311895TRLO0 LSE
563 404.00  12:03:49 00058299435TRLO0 LSE
125 404.00  12:03:49 00058299436TRLO0 LSE
424 404.00  12:05:05 00058299519TRLO0 LSE
389 404.00  12:05:05 00058299520TRLO0 LSE
598 404.00  12:05:05 00058299521TRLO0 LSE
1390 404.00  12:14:09 00058299848TRLO0 LSE
532 404.00  12:33:14 00058300447TRLO0 LSE
350 404.00  12:33:14 00058300448TRLO0 LSE
118 404.00  12:33:14 00058300449TRLO0 LSE
98 404.00  12:33:14 00058300450TRLO0 LSE
275 404.00  12:33:14 00058300451TRLO0 LSE
1344 404.00  12:52:36 00058301178TRLO0 LSE
813 404.00  13:03:09 00058301487TRLO0 LSE
650 404.00  13:03:41 00058301491TRLO0 LSE
255 404.00  13:12:44 00058301883TRLO0 LSE
960 404.00  13:20:29 00058302252TRLO0 LSE
306 404.00  13:22:59 00058302310TRLO0 LSE
94 404.00  13:22:59 00058302311TRLO0 LSE
29 404.00  13:22:59 00058302312TRLO0 LSE
827 404.00  13:22:59 00058302313TRLO0 LSE
1412 404.00  14:12:40 00058303864TRLO0 LSE
153 404.00  14:12:49 00058303870TRLO0 LSE
513 404.00  14:12:49 00058303871TRLO0 LSE
589 404.00  14:12:49 00058303872TRLO0 LSE
9 404.00  14:12:49 00058303873TRLO0 LSE
403 404.00  14:18:06 00058304107TRLO0 LSE
721 404.00  14:18:06 00058304108TRLO0 LSE
157 404.00  14:18:06 00058304109TRLO0 LSE
5 404.00  14:18:06 00058304110TRLO0 LSE
126 404.00  14:20:09 00058304205TRLO0 LSE
366 404.00  14:20:09 00058304206TRLO0 LSE
392 404.00  14:20:09 00058304207TRLO0 LSE
981 404.00  14:25:09 00058304370TRLO0 LSE
209 404.00  14:25:09 00058304371TRLO0 LSE
12 404.00  14:25:09 00058304372TRLO0 LSE
184 404.00  14:25:09 00058304373TRLO0 LSE
123 404.00  14:25:09 00058304374TRLO0 LSE
517 404.00  14:31:09 00058304823TRLO0 LSE
319 404.00  14:31:09 00058304824TRLO0 LSE
60 404.00  14:31:09 00058304825TRLO0 LSE
350 404.00  14:31:09 00058304826TRLO0 LSE
131 404.00  14:31:09 00058304827TRLO0 LSE
403 404.00  14:35:59 00058305725TRLO0 LSE
957 404.00  14:35:59 00058305726TRLO0 LSE
1499 404.00  15:22:38 00058308753TRLO0 LSE
82 404.00  16:03:24 00058311413TRLO0 LSE
162 404.00  16:03:24 00058311414TRLO0 LSE
350 404.00  16:03:24 00058311415TRLO0 LSE
454 404.00  16:03:24 00058311416TRLO0 LSE
347 404.00  16:03:24 00058311417TRLO0 LSE
403 404.00  16:14:08 00058311928TRLO0 LSE
1135 404.00  16:14:08 00058311929TRLO0 LSE
251 404.00  16:14:08 00058311930TRLO0 LSE
209 404.00  16:14:08 00058311931TRLO0 LSE
370 404.00  16:14:08 00058311932TRLO0 LSE
113 404.00  16:14:08 00058311934TRLO0 LSE
458 404.50  12:04:40 00058299462TRLO0 LSE
350 404.50  12:04:40 00058299463TRLO0 LSE
101 404.50  12:04:40 00058299464TRLO0 LSE
267 404.50  12:07:29 00058299580TRLO0 LSE
51 404.50  12:07:29 00058299581TRLO0 LSE
350 404.50  12:07:29 00058299582TRLO0 LSE
274 404.50  12:52:36 00058301179TRLO0 LSE
432 404.50  12:52:36 00058301180TRLO0 LSE
426 404.50  12:52:36 00058301181TRLO0 LSE
517 404.50  13:36:07 00058302625TRLO0 LSE
350 404.50  13:36:07 00058302626TRLO0 LSE
596 404.50  13:36:07 00058302627TRLO0 LSE
4 404.50  13:36:07 00058302628TRLO0 LSE
429 404.50  13:36:13 00058302640TRLO0 LSE
125 404.50  13:36:13 00058302641TRLO0 LSE
104 404.50  13:36:13 00058302642TRLO0 LSE
291 404.50  13:36:13 00058302643TRLO0 LSE
186 404.50  13:36:13 00058302644TRLO0 LSE
125 404.50  13:36:13 00058302645TRLO0 LSE
104 404.50  13:36:13 00058302646TRLO0 LSE
291 404.50  13:36:13 00058302647TRLO0 LSE
612 404.50  13:36:37 00058302651TRLO0 LSE
132 404.50  13:36:37 00058302652TRLO0 LSE
110 404.50  13:36:37 00058302653TRLO0 LSE
309 404.50  13:36:37 00058302654TRLO0 LSE
154 404.50  13:36:37 00058302655TRLO0 LSE
219 404.50  13:43:13 00058302797TRLO0 LSE
373 404.50  13:43:13 00058302798TRLO0 LSE
109 404.50  13:43:13 00058302799TRLO0 LSE
350 404.50  13:43:13 00058302800TRLO0 LSE
1312 404.50  13:57:27 00058303213TRLO0 LSE
426 404.50  15:42:40 00058310009TRLO0 LSE
247 404.50  15:46:15 00058310301TRLO0 LSE
600 404.50  15:46:15 00058310302TRLO0 LSE
572 404.50  15:46:15 00058310303TRLO0 LSE
701 404.50  15:46:15 00058310306TRLO0 LSE
356 405.00  13:47:19 00058302872TRLO0 LSE
85 405.00  13:47:19 00058302873TRLO0 LSE
545 405.00  13:47:19 00058302874TRLO0 LSE
102 405.00  13:47:19 00058302875TRLO0 LSE
170 405.00  13:47:19 00058302876TRLO0 LSE
1304 405.00  15:35:00 00058309400TRLO0 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