Redde Northgate Plc - Transaction in Own Shares

PR Newswire

21 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 20 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 :  60,000
Weighted average purchase price paid :  408.3178 pence per share
Highest purchase price paid :  411.5 pence per share
Lowest purchase price paid :  404.5 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 1,270,991 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 244,820,432, 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 20 April 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
1351 407.50  08:19:28 00058339090TRLO0 LSE
1016 407.00  08:21:08 00058339236TRLO0 LSE
553 407.00  08:21:08 00058339237TRLO0 LSE
1481 406.50  08:22:40 00058339379TRLO0 LSE
355 405.00  08:40:01 00058340568TRLO0 LSE
1087 405.00  08:40:01 00058340569TRLO0 LSE
387 405.50  08:59:24 00058341485TRLO0 LSE
500 405.50  08:59:24 00058341486TRLO0 LSE
340 405.50  08:59:24 00058341487TRLO0 LSE
1236 405.50  09:10:45 00058341965TRLO0 LSE
1388 405.50  09:10:45 00058341966TRLO0 LSE
534 405.00  09:20:01 00058342350TRLO0 LSE
7 405.00  09:31:41 00058342895TRLO0 LSE
460 405.00  09:36:01 00058343238TRLO0 LSE
318 405.00  09:41:41 00058343393TRLO0 LSE
208 405.00  09:41:41 00058343394TRLO0 LSE
149 405.00  09:45:48 00058343478TRLO0 LSE
105 405.00  09:45:48 00058343479TRLO0 LSE
1047 405.00  09:45:48 00058343480TRLO0 LSE
127 404.50  09:45:54 00058343482TRLO0 LSE
514 404.50  09:45:58 00058343487TRLO0 LSE
469 404.50  09:47:41 00058343565TRLO0 LSE
704 404.50  09:47:41 00058343566TRLO0 LSE
1421 407.50  10:04:10 00058344257TRLO0 LSE
100 407.00  10:04:14 00058344266TRLO0 LSE
1000 407.00  10:04:14 00058344267TRLO0 LSE
500 407.00  10:04:14 00058344268TRLO0 LSE
74 407.00  10:04:14 00058344269TRLO0 LSE
400 407.50  10:06:23 00058344354TRLO0 LSE
478 407.00  10:06:24 00058344357TRLO0 LSE
500 407.00  10:06:24 00058344358TRLO0 LSE
475 407.00  10:06:24 00058344359TRLO0 LSE
1306 406.50  10:13:58 00058344752TRLO0 LSE
3 406.00  10:29:21 00058345630TRLO0 LSE
392 408.00  10:39:21 00058346351TRLO0 LSE
233 408.00  10:39:21 00058346352TRLO0 LSE
138 408.00  10:39:21 00058346353TRLO0 LSE
38 408.00  10:39:21 00058346354TRLO0 LSE
336 408.00  10:40:01 00058346399TRLO0 LSE
125 408.00  10:40:01 00058346400TRLO0 LSE
685 408.00  10:42:35 00058346545TRLO0 LSE
756 408.00  10:42:35 00058346546TRLO0 LSE
99 407.50  10:50:01 00058346847TRLO0 LSE
600 407.50  10:57:41 00058347064TRLO0 LSE
615 407.50  10:57:41 00058347065TRLO0 LSE
1089 408.00  11:33:21 00058348271TRLO0 LSE
996 408.00  11:33:21 00058348272TRLO0 LSE
940 408.50  11:51:46 00058348820TRLO0 LSE
533 408.50  11:51:46 00058348821TRLO0 LSE
406 408.50  11:51:46 00058348822TRLO0 LSE
400 408.50  11:51:46 00058348823TRLO0 LSE
819 408.50  11:51:46 00058348824TRLO0 LSE
400 408.50  11:51:46 00058348825TRLO0 LSE
10 409.50  12:13:40 00058349657TRLO0 LSE
1252 409.50  12:14:11 00058349670TRLO0 LSE
1286 409.50  12:14:42 00058349704TRLO0 LSE
1406 408.50  12:33:02 00058350421TRLO0 LSE
400 409.00  12:45:21 00058350983TRLO0 LSE
557 409.00  12:45:21 00058350984TRLO0 LSE
1050 409.50  12:50:30 00058351297TRLO0 LSE
271 409.50  12:50:30 00058351298TRLO0 LSE
500 409.00  12:50:42 00058351349TRLO0 LSE
500 409.00  12:50:42 00058351350TRLO0 LSE
299 409.00  12:50:42 00058351351TRLO0 LSE
980 408.50  12:56:00 00058351656TRLO0 LSE
771 409.00  12:58:20 00058351763TRLO0 LSE
1497 410.00  13:23:41 00058352931TRLO0 LSE
185 410.00  13:28:21 00058353117TRLO0 LSE
1118 410.00  13:28:21 00058353118TRLO0 LSE
22 410.00  13:30:01 00058353233TRLO0 LSE
400 410.50  13:33:30 00058353506TRLO0 LSE
400 410.50  13:33:30 00058353507TRLO0 LSE
400 410.50  13:34:51 00058353554TRLO0 LSE
462 410.50  13:34:51 00058353555TRLO0 LSE
303 410.50  13:39:11 00058353835TRLO0 LSE
128 410.50  13:39:11 00058353836TRLO0 LSE
1494 411.00  13:57:02 00058354858TRLO0 LSE
1228 410.50  14:09:34 00058355395TRLO0 LSE
132 410.50  14:25:01 00058356313TRLO0 LSE
209 410.50  14:26:41 00058356389TRLO0 LSE
272 410.50  14:28:21 00058356505TRLO0 LSE
400 411.50  14:29:41 00058356572TRLO0 LSE
555 411.50  14:29:41 00058356573TRLO0 LSE
400 411.00  14:36:11 00058357072TRLO0 LSE
241 411.00  14:36:11 00058357073TRLO0 LSE
988 411.00  14:36:11 00058357074TRLO0 LSE
108 411.00  14:41:41 00058357444TRLO0 LSE
500 411.00  14:43:08 00058357610TRLO0 LSE
842 411.00  14:43:08 00058357611TRLO0 LSE
400 410.00  14:59:52 00058358624TRLO0 LSE
230 409.50  15:00:01 00058358631TRLO0 LSE
1187 409.50  15:03:33 00058358898TRLO0 LSE
21 409.50  15:21:41 00058360384TRLO0 LSE
230 409.50  15:23:21 00058360500TRLO0 LSE
771 409.50  15:24:09 00058360546TRLO0 LSE
238 409.50  15:25:01 00058360640TRLO0 LSE
100 409.50  15:25:08 00058360646TRLO0 LSE
442 409.50  15:35:31 00058361606TRLO0 LSE
82 409.50  15:35:31 00058361607TRLO0 LSE
99 409.50  15:35:31 00058361608TRLO0 LSE
18 409.50  15:35:31 00058361609TRLO0 LSE
213 409.50  15:35:31 00058361610TRLO0 LSE
148 410.00  15:40:07 00058362143TRLO0 LSE
381 410.00  15:40:07 00058362144TRLO0 LSE
381 410.00  15:40:07 00058362145TRLO0 LSE
250 410.00  15:52:07 00058363660TRLO0 LSE
153 410.00  15:52:07 00058363661TRLO0 LSE
766 410.00  15:52:07 00058363662TRLO0 LSE
141 410.00  15:52:07 00058363663TRLO0 LSE
84 410.00  15:52:07 00058363664TRLO0 LSE
665 410.00  16:05:37 00058364631TRLO0 LSE
147 410.00  16:05:37 00058364632TRLO0 LSE
123 410.00  16:05:37 00058364633TRLO0 LSE
344 410.00  16:05:37 00058364634TRLO0 LSE
4 410.00  16:05:37 00058364635TRLO0 LSE
623 410.00  16:10:08 00058364961TRLO0 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