Redde Northgate Plc - Transaction in Own Shares

PR Newswire

25 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 22 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 :  407.2673 pence per share
Highest purchase price paid :  410 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 1,430,991 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 244,660,432, 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 22 April 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
1364 410.00  08:49:29 00058397853TRLO0 LSE
63 410.00  08:49:29 00058397854TRLO0 LSE
510 410.00  08:49:29 00058397855TRLO0 LSE
416 410.00  08:49:29 00058397856TRLO0 LSE
373 410.00  08:49:29 00058397857TRLO0 LSE
983 409.50  08:49:56 00058397879TRLO0 LSE
316 409.50  08:49:56 00058397880TRLO0 LSE
896 409.00  09:52:28 00058402359TRLO0 LSE
554 409.00  10:45:03 00058405068TRLO0 LSE
1288 409.00  10:45:03 00058405069TRLO0 LSE
400 409.00  10:45:03 00058405070TRLO0 LSE
1281 408.50  10:45:07 00058405074TRLO0 LSE
1137 409.50  10:52:55 00058405725TRLO0 LSE
142 409.50  10:52:55 00058405726TRLO0 LSE
400 409.50  10:55:45 00058405994TRLO0 LSE
400 409.50  10:55:55 00058406002TRLO0 LSE
68 409.50  10:55:55 00058406003TRLO0 LSE
320 409.50  10:55:55 00058406004TRLO0 LSE
1189 409.00  10:55:55 00058406005TRLO0 LSE
39 409.00  10:55:55 00058406006TRLO0 LSE
100 408.50  10:57:48 00058406124TRLO0 LSE
1183 408.50  10:57:48 00058406125TRLO0 LSE
27 408.50  11:15:11 00058407071TRLO0 LSE
1000 408.50  11:15:11 00058407072TRLO0 LSE
411 408.50  11:15:11 00058407073TRLO0 LSE
42 408.50  11:29:15 00058407697TRLO0 LSE
1412 408.50  11:29:15 00058407698TRLO0 LSE
400 408.50  11:50:57 00058408798TRLO0 LSE
761 408.50  12:06:41 00058409497TRLO0 LSE
514 408.50  12:14:13 00058409836TRLO0 LSE
52 408.50  12:16:06 00058409943TRLO0 LSE
28 408.50  12:32:35 00058410796TRLO0 LSE
324 408.50  12:32:35 00058410797TRLO0 LSE
400 408.50  12:32:35 00058410798TRLO0 LSE
229 408.50  12:32:36 00058410800TRLO0 LSE
26 408.50  12:44:31 00058411360TRLO0 LSE
87 408.50  12:44:31 00058411361TRLO0 LSE
1214 409.00  13:34:46 00058414293TRLO0 LSE
1461 409.00  13:34:46 00058414294TRLO0 LSE
1244 409.00  13:34:46 00058414295TRLO0 LSE
334 409.00  13:34:46 00058414296TRLO0 LSE
1042 409.00  13:34:46 00058414297TRLO0 LSE
400 409.00  13:34:46 00058414298TRLO0 LSE
331 409.00  13:34:46 00058414299TRLO0 LSE
754 409.00  13:34:46 00058414300TRLO0 LSE
534 408.50  13:34:47 00058414302TRLO0 LSE
434 408.50  13:34:47 00058414303TRLO0 LSE
517 408.50  13:50:08 00058414989TRLO0 LSE
844 408.50  13:50:08 00058414990TRLO0 LSE
190 408.50  13:50:08 00058414991TRLO0 LSE
453 408.50  13:50:08 00058414992TRLO0 LSE
1000 408.50  13:50:08 00058414994TRLO0 LSE
400 408.50  13:50:08 00058414995TRLO0 LSE
11 408.50  13:50:08 00058414996TRLO0 LSE
802 408.00  13:50:10 00058415002TRLO0 LSE
513 408.00  13:50:10 00058415003TRLO0 LSE
400 408.00  13:54:10 00058415120TRLO0 LSE
208 408.00  13:54:10 00058415121TRLO0 LSE
1232 407.00  14:13:37 00058416010TRLO0 LSE
1433 407.00  14:13:37 00058416011TRLO0 LSE
218 407.00  14:24:37 00058416604TRLO0 LSE
238 407.00  14:24:37 00058416605TRLO0 LSE
301 407.00  14:28:33 00058416797TRLO0 LSE
400 407.00  14:30:09 00058417057TRLO0 LSE
635 407.00  14:30:14 00058417098TRLO0 LSE
694 407.00  14:30:14 00058417099TRLO0 LSE
802 407.00  14:30:14 00058417100TRLO0 LSE
400 407.00  14:30:14 00058417102TRLO0 LSE
653 407.00  14:30:14 00058417103TRLO0 LSE
361 407.00  14:30:14 00058417104TRLO0 LSE
292 407.00  14:30:14 00058417105TRLO0 LSE
46 407.00  14:30:14 00058417106TRLO0 LSE
210 407.00  14:30:14 00058417108TRLO0 LSE
1500 406.50  14:37:11 00058418280TRLO0 LSE
1260 406.50  14:37:11 00058418281TRLO0 LSE
1088 405.50  14:37:23 00058418316TRLO0 LSE
272 405.50  14:57:06 00058420447TRLO0 LSE
66 405.50  14:57:06 00058420448TRLO0 LSE
473 405.50  14:57:06 00058420449TRLO0 LSE
160 405.50  14:57:06 00058420450TRLO0 LSE
653 405.50  14:57:06 00058420451TRLO0 LSE
79 405.50  14:57:06 00058420452TRLO0 LSE
1432 405.50  14:57:06 00058420453TRLO0 LSE
1311 405.50  14:57:06 00058420454TRLO0 LSE
158 406.50  15:07:09 00058421279TRLO0 LSE
272 406.50  15:07:48 00058421323TRLO0 LSE
1009 406.50  15:12:12 00058421720TRLO0 LSE
1912 406.50  15:12:12 00058421721TRLO0 LSE
400 406.50  15:12:12 00058421722TRLO0 LSE
653 406.50  15:12:12 00058421723TRLO0 LSE
565 406.50  15:12:12 00058421724TRLO0 LSE
400 406.50  15:12:12 00058421725TRLO0 LSE
480 406.50  15:12:12 00058421726TRLO0 LSE
589 406.50  15:12:12 00058421727TRLO0 LSE
989 405.00  15:19:00 00058422403TRLO0 LSE
286 405.00  15:19:00 00058422404TRLO0 LSE
400 405.00  15:19:00 00058422405TRLO0 LSE
30 405.00  15:19:00 00058422406TRLO0 LSE
1244 404.50  15:19:02 00058422411TRLO0 LSE
174 404.50  15:30:02 00058423356TRLO0 LSE
324 405.00  15:42:58 00058425037TRLO0 LSE
1488 405.00  15:42:58 00058425038TRLO0 LSE
488 405.00  15:42:58 00058425039TRLO0 LSE
549 405.00  15:42:58 00058425040TRLO0 LSE
1339 405.00  15:42:58 00058425041TRLO0 LSE
1381 405.00  15:42:58 00058425042TRLO0 LSE
400 405.00  15:45:50 00058425508TRLO0 LSE
400 405.00  15:45:50 00058425509TRLO0 LSE
400 405.00  15:45:50 00058425510TRLO0 LSE
479 405.00  15:45:50 00058425511TRLO0 LSE
400 405.00  15:46:01 00058425526TRLO0 LSE
213 405.00  15:46:01 00058425527TRLO0 LSE
259 405.00  15:46:01 00058425528TRLO0 LSE
3 405.00  15:46:01 00058425529TRLO0 LSE
465 405.00  15:46:01 00058425530TRLO0 LSE
400 406.00  15:59:12 00058426411TRLO0 LSE
400 406.00  15:59:58 00058426460TRLO0 LSE
165 406.00  15:59:58 00058426461TRLO0 LSE
400 406.00  15:59:58 00058426462TRLO0 LSE
424 406.00  15:59:58 00058426463TRLO0 LSE
128 406.50  16:07:01 00058427053TRLO0 LSE
476 406.50  16:07:01 00058427054TRLO0 LSE
225 406.50  16:07:01 00058427055TRLO0 LSE
501 406.50  16:07:01 00058427056TRLO0 LSE
76 407.00  16:10:47 00058427386TRLO0 LSE
1071 407.00  16:10:47 00058427387TRLO0 LSE
170 407.00  16:10:47 00058427388TRLO0 LSE
400 406.50  16:10:55 00058427393TRLO0 LSE
400 406.50  16:11:11 00058427429TRLO0 LSE
264 406.50  16:11:11 00058427430TRLO0 LSE
29 406.50  16:11:11 00058427431TRLO0 LSE
534 406.50  16:11:11 00058427432TRLO0 LSE
246 407.00  16:17:18 00058428053TRLO0 LSE
1086 407.00  16:17:18 00058428054TRLO0 LSE
119 407.00  16:17:18 00058428055TRLO0 LSE
907 406.50  16:18:27 00058428181TRLO0 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