Redde Northgate Plc - Transaction in Own Shares

PR Newswire

20 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 19 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 :  403.2159 pence per share
Highest purchase price paid :  406.5 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 1,210,991 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 244,880,432, 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 19 April 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
39 403.00  08:57:25 00058316981TRLO0 LSE
264 403.00  08:57:25 00058316980TRLO0 LSE
732 402.50  09:09:05 00058317446TRLO0 LSE
321 402.50  09:09:05 00058317445TRLO0 LSE
213 402.50  09:09:05 00058317444TRLO0 LSE
851 402.50  09:09:05 00058317443TRLO0 LSE
400 402.50  09:09:05 00058317442TRLO0 LSE
313 402.00  09:19:47 00058317762TRLO0 LSE
400 402.00  09:19:47 00058317761TRLO0 LSE
400 402.00  09:19:47 00058317760TRLO0 LSE
495 402.00  09:19:47 00058317759TRLO0 LSE
882 403.00  09:29:24 00058318061TRLO0 LSE
72 403.00  09:29:24 00058318063TRLO0 LSE
472 403.00  09:29:24 00058318062TRLO0 LSE
1276 402.50  09:48:05 00058318711TRLO0 LSE
1104 402.00  09:48:05 00058318713TRLO0 LSE
111 402.00  09:48:05 00058318712TRLO0 LSE
1479 403.00  10:04:45 00058319303TRLO0 LSE
1273 403.00  10:18:49 00058319879TRLO0 LSE
1131 402.50  10:27:44 00058320214TRLO0 LSE
475 402.50  10:27:44 00058320213TRLO0 LSE
256 402.00  10:29:00 00058320282TRLO0 LSE
1191 402.00  10:54:04 00058320972TRLO0 LSE
400 402.50  11:02:45 00058321217TRLO0 LSE
385 402.50  11:02:45 00058321216TRLO0 LSE
400 402.50  11:02:45 00058321219TRLO0 LSE
144 402.50  11:02:45 00058321218TRLO0 LSE
240 402.50  11:37:36 00058322227TRLO0 LSE
24 402.50  11:37:36 00058322226TRLO0 LSE
426 402.50  11:37:36 00058322225TRLO0 LSE
93 402.50  11:37:36 00058322224TRLO0 LSE
400 402.50  11:44:36 00058322444TRLO0 LSE
440 402.50  11:44:36 00058322443TRLO0 LSE
1230 402.00  11:46:02 00058322471TRLO0 LSE
1404 403.00  11:56:10 00058322808TRLO0 LSE
29 403.00  11:56:10 00058322807TRLO0 LSE
77 403.00  12:20:10 00058323406TRLO0 LSE
1429 403.00  12:20:10 00058323405TRLO0 LSE
1434 402.50  12:21:05 00058323424TRLO0 LSE
259 403.00  12:28:28 00058323642TRLO0 LSE
1257 403.00  12:28:28 00058323641TRLO0 LSE
171 403.00  12:29:55 00058323763TRLO0 LSE
37 403.00  12:29:55 00058323762TRLO0 LSE
98 403.00  12:29:55 00058323761TRLO0 LSE
700 403.00  12:38:31 00058324117TRLO0 LSE
355 403.00  12:42:10 00058324201TRLO0 LSE
636 403.00  12:42:10 00058324202TRLO0 LSE
491 403.00  12:42:10 00058324203TRLO0 LSE
913 403.00  12:42:10 00058324205TRLO0 LSE
400 403.00  12:42:10 00058324204TRLO0 LSE
341 403.00  13:00:16 00058324462TRLO0 LSE
479 403.00  13:00:16 00058324461TRLO0 LSE
30 403.00  13:00:16 00058324460TRLO0 LSE
400 403.00  13:00:16 00058324459TRLO0 LSE
202 403.00  13:00:16 00058324458TRLO0 LSE
304 403.00  13:18:34 00058324842TRLO0 LSE
400 403.00  13:18:34 00058324841TRLO0 LSE
400 403.00  13:18:34 00058324840TRLO0 LSE
224 403.00  13:18:34 00058324839TRLO0 LSE
1200 403.00  13:22:36 00058324962TRLO0 LSE
298 403.00  13:22:36 00058324961TRLO0 LSE
15 402.50  13:30:15 00058325180TRLO0 LSE
109 403.00  13:46:26 00058325665TRLO0 LSE
27 403.00  13:46:26 00058325664TRLO0 LSE
400 403.00  13:46:26 00058325663TRLO0 LSE
248 403.00  13:46:26 00058325662TRLO0 LSE
265 403.00  13:46:26 00058325661TRLO0 LSE
324 403.00  13:46:26 00058325660TRLO0 LSE
414 403.00  13:48:06 00058325694TRLO0 LSE
248 403.00  13:48:06 00058325693TRLO0 LSE
400 403.00  13:48:06 00058325692TRLO0 LSE
48 403.00  13:59:06 00058325893TRLO0 LSE
121 403.00  13:59:06 00058325892TRLO0 LSE
380 403.00  13:59:06 00058325894TRLO0 LSE
255 403.00  13:59:16 00058325901TRLO0 LSE
316 403.00  13:59:16 00058325900TRLO0 LSE
172 402.50  13:59:59 00058325918TRLO0 LSE
1134 402.50  13:59:59 00058325917TRLO0 LSE
451 402.50  14:00:06 00058325930TRLO0 LSE
140 402.50  14:00:06 00058325929TRLO0 LSE
400 402.50  14:00:06 00058325928TRLO0 LSE
1280 402.00  14:07:36 00058326150TRLO0 LSE
522 401.50  14:23:00 00058326784TRLO0 LSE
793 401.50  14:23:00 00058326783TRLO0 LSE
797 401.50  14:24:00 00058326866TRLO0 LSE
255 401.50  14:30:00 00058327406TRLO0 LSE
400 401.50  14:30:46 00058327509TRLO0 LSE
400 402.50  14:41:38 00058328751TRLO0 LSE
460 402.50  14:41:38 00058328750TRLO0 LSE
391 402.50  14:41:38 00058328749TRLO0 LSE
551 402.50  14:41:38 00058328748TRLO0 LSE
400 402.50  14:41:38 00058328752TRLO0 LSE
1203 402.50  14:44:46 00058328896TRLO0 LSE
99 402.50  14:44:46 00058328895TRLO0 LSE
211 402.50  14:44:46 00058328899TRLO0 LSE
313 402.50  14:44:46 00058328898TRLO0 LSE
915 402.50  14:44:46 00058328897TRLO0 LSE
1288 401.50  14:50:17 00058329353TRLO0 LSE
202 400.50  14:51:55 00058329431TRLO0 LSE
490 400.50  14:52:34 00058329450TRLO0 LSE
29 401.00  15:00:50 00058329908TRLO0 LSE
400 401.50  15:06:09 00058330138TRLO0 LSE
400 401.50  15:06:09 00058330137TRLO0 LSE
400 401.50  15:06:09 00058330136TRLO0 LSE
175 401.50  15:06:09 00058330135TRLO0 LSE
323 401.50  15:06:09 00058330140TRLO0 LSE
910 401.50  15:06:09 00058330139TRLO0 LSE
795 401.50  15:06:16 00058330146TRLO0 LSE
365 401.50  15:06:16 00058330147TRLO0 LSE
80 401.50  15:07:22 00058330173TRLO0 LSE
400 401.50  15:07:22 00058330172TRLO0 LSE
433 401.50  15:07:22 00058330171TRLO0 LSE
448 401.50  15:07:22 00058330170TRLO0 LSE
170 401.50  15:07:22 00058330169TRLO0 LSE
295 401.50  15:07:22 00058330175TRLO0 LSE
400 401.50  15:07:22 00058330174TRLO0 LSE
344 401.00  15:07:22 00058330176TRLO0 LSE
568 401.00  15:07:35 00058330198TRLO0 LSE
363 401.00  15:07:35 00058330197TRLO0 LSE
285 400.50  15:12:36 00058330499TRLO0 LSE
255 401.00  15:17:35 00058330817TRLO0 LSE
317 401.00  15:17:51 00058330857TRLO0 LSE
89 401.00  15:17:51 00058330856TRLO0 LSE
233 401.50  15:19:15 00058330975TRLO0 LSE
293 402.00  15:20:55 00058331094TRLO0 LSE
293 402.00  15:22:35 00058331257TRLO0 LSE
248 402.00  15:24:15 00058331381TRLO0 LSE
1900 402.50  15:25:35 00058331542TRLO0 LSE
400 402.50  15:25:35 00058331541TRLO0 LSE
292 402.50  15:25:35 00058331544TRLO0 LSE
400 402.50  15:25:35 00058331543TRLO0 LSE
400 402.50  15:25:35 00058331545TRLO0 LSE
400 402.50  15:25:35 00058331546TRLO0 LSE
400 402.50  15:25:35 00058331547TRLO0 LSE
248 403.00  15:27:47 00058331659TRLO0 LSE
105 403.00  15:27:49 00058331663TRLO0 LSE
400 403.00  15:27:49 00058331662TRLO0 LSE
790 403.00  15:27:49 00058331661TRLO0 LSE
1024 403.00  15:27:49 00058331660TRLO0 LSE
416 403.00  15:27:49 00058331666TRLO0 LSE
400 403.00  15:27:49 00058331665TRLO0 LSE
370 403.00  15:27:49 00058331664TRLO0 LSE
68 403.00  15:32:36 00058332034TRLO0 LSE
1229 403.00  15:34:31 00058332174TRLO0 LSE
419 403.00  15:34:31 00058332173TRLO0 LSE
761 403.00  15:34:31 00058332172TRLO0 LSE
526 403.00  15:35:31 00058332227TRLO0 LSE
285 403.00  15:35:31 00058332226TRLO0 LSE
242 403.00  15:35:31 00058332225TRLO0 LSE
399 403.50  15:39:16 00058332491TRLO0 LSE
232 403.50  15:39:16 00058332490TRLO0 LSE
99 403.50  15:39:16 00058332489TRLO0 LSE
83 403.50  15:39:16 00058332488TRLO0 LSE
448 403.50  15:39:16 00058332487TRLO0 LSE
400 403.50  15:39:16 00058332486TRLO0 LSE
157 403.50  15:39:16 00058332496TRLO0 LSE
99 403.50  15:39:16 00058332495TRLO0 LSE
83 403.50  15:39:16 00058332494TRLO0 LSE
400 403.50  15:39:16 00058332493TRLO0 LSE
448 403.50  15:39:16 00058332492TRLO0 LSE
307 404.00  15:41:17 00058332626TRLO0 LSE
131 404.00  15:41:17 00058332625TRLO0 LSE
593 404.00  15:41:17 00058332624TRLO0 LSE
102 404.00  15:41:17 00058332629TRLO0 LSE
143 404.00  15:41:17 00058332628TRLO0 LSE
615 404.00  15:41:17 00058332627TRLO0 LSE
131 404.00  15:41:17 00058332630TRLO0 LSE
131 404.00  15:41:17 00058332631TRLO0 LSE
131 404.00  15:41:17 00058332633TRLO0 LSE
56 404.00  15:41:17 00058332632TRLO0 LSE
1326 404.50  15:44:19 00058332939TRLO0 LSE
617 404.50  15:44:19 00058332938TRLO0 LSE
50 404.00  15:44:19 00058332942TRLO0 LSE
400 404.00  15:44:19 00058332941TRLO0 LSE
896 404.00  15:44:19 00058332940TRLO0 LSE
410 404.50  15:44:19 00058332949TRLO0 LSE
17 404.50  15:44:19 00058332948TRLO0 LSE
308 404.50  15:44:19 00058332947TRLO0 LSE
132 404.50  15:44:19 00058332946TRLO0 LSE
110 404.50  15:44:19 00058332945TRLO0 LSE
400 404.50  15:44:19 00058332944TRLO0 LSE
617 404.50  15:44:19 00058332943TRLO0 LSE
395 404.50  15:45:33 00058333052TRLO0 LSE
169 404.50  15:45:33 00058333051TRLO0 LSE
361 404.50  15:45:43 00058333065TRLO0 LSE
155 404.50  15:45:43 00058333064TRLO0 LSE
686 404.50  15:45:43 00058333063TRLO0 LSE
84 405.00  15:47:27 00058333264TRLO0 LSE
312 405.00  15:47:27 00058333263TRLO0 LSE
396 405.00  15:47:27 00058333262TRLO0 LSE
697 405.00  15:47:27 00058333261TRLO0 LSE
404 405.50  15:48:33 00058333324TRLO0 LSE
400 405.50  15:48:33 00058333323TRLO0 LSE
1272 405.50  15:48:33 00058333322TRLO0 LSE
27 405.50  15:48:33 00058333321TRLO0 LSE
400 405.50  15:48:33 00058333325TRLO0 LSE
400 405.50  15:50:33 00058333509TRLO0 LSE
2 405.50  15:50:33 00058333508TRLO0 LSE
24 405.50  15:50:33 00058333507TRLO0 LSE
170 406.00  15:51:33 00058333607TRLO0 LSE
88 406.00  15:51:33 00058333606TRLO0 LSE
90 406.00  15:51:43 00058333615TRLO0 LSE
90 406.00  15:51:53 00058333623TRLO0 LSE
92 406.00  15:52:03 00058333637TRLO0 LSE
93 406.00  15:52:13 00058333647TRLO0 LSE
95 406.00  15:52:22 00058333671TRLO0 LSE
95 406.00  15:52:22 00058333672TRLO0 LSE
24 406.00  15:52:22 00058333673TRLO0 LSE
24 406.00  15:52:22 00058333674TRLO0 LSE
22 406.00  15:52:22 00058333675TRLO0 LSE
273 406.00  15:52:45 00058333699TRLO0 LSE
401 406.00  15:52:53 00058333709TRLO0 LSE
106 406.00  15:52:53 00058333708TRLO0 LSE
400 406.00  15:53:53 00058333767TRLO0 LSE
107 406.00  15:53:53 00058333766TRLO0 LSE
408 406.00  15:54:53 00058333837TRLO0 LSE
400 406.00  15:54:53 00058333836TRLO0 LSE
109 406.00  15:54:53 00058333835TRLO0 LSE
50 406.00  15:54:53 00058333834TRLO0 LSE
400 406.00  15:57:53 00058334064TRLO0 LSE
116 406.00  15:57:53 00058334063TRLO0 LSE
202 406.00  15:57:53 00058334062TRLO0 LSE
1041 405.50  15:59:11 00058334197TRLO0 LSE
400 405.50  15:59:11 00058334196TRLO0 LSE
1250 405.00  16:04:10 00058334684TRLO0 LSE
316 405.50  16:09:33 00058335036TRLO0 LSE
400 405.50  16:09:33 00058335035TRLO0 LSE
37 405.50  16:09:33 00058335034TRLO0 LSE
168 405.50  16:09:33 00058335033TRLO0 LSE
49 405.50  16:09:33 00058335032TRLO0 LSE
406 405.50  16:09:33 00058335039TRLO0 LSE
400 405.50  16:09:33 00058335038TRLO0 LSE
501 405.50  16:09:33 00058335037TRLO0 LSE
663 405.50  16:12:33 00058335223TRLO0 LSE
270 405.50  16:12:33 00058335222TRLO0 LSE
400 405.50  16:12:33 00058335221TRLO0 LSE
108 405.50  16:12:33 00058335220TRLO0 LSE
316 405.50  16:14:33 00058335361TRLO0 LSE
45 405.50  16:14:33 00058335360TRLO0 LSE
1791 406.50  16:17:43 00058335571TRLO0 LSE
63 406.50  16:18:43 00058335628TRLO0 LSE
190 406.50  16:18:43 00058335627TRLO0 LSE
549 406.50  16:18:43 00058335626TRLO0 LSE
204 406.50  16:18:43 00058335625TRLO0 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