Redde Northgate Plc - Transaction in Own Shares

PR Newswire

26 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 25 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 :  80,000
Weighted average purchase price paid :  398.1199 pence per share
Highest purchase price paid :  401.5 pence per share
Lowest purchase price paid :  396 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 1,510,991 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 244,580,432, 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 25 April 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
920 401.50  08:27:29 00058434072TRLO0 LSE
493 401.50  08:27:29 00058434073TRLO0 LSE
1207 401.50  08:27:29 00058434074TRLO0 LSE
500 400.50  08:29:07 00058434253TRLO0 LSE
1012 400.50  08:29:07 00058434254TRLO0 LSE
1471 399.00  08:32:49 00058434612TRLO0 LSE
1276 398.50  08:38:28 00058435170TRLO0 LSE
1342 397.00  08:50:09 00058436549TRLO0 LSE
1109 398.00  08:51:23 00058436854TRLO0 LSE
259 398.00  08:51:23 00058436855TRLO0 LSE
694 398.00  08:53:23 00058437065TRLO0 LSE
531 398.00  08:53:23 00058437066TRLO0 LSE
694 398.00  09:03:44 00058437925TRLO0 LSE
619 398.00  09:03:44 00058437926TRLO0 LSE
1225 397.50  09:12:04 00058438560TRLO0 LSE
1187 397.50  09:12:04 00058438561TRLO0 LSE
1448 397.00  09:17:28 00058438940TRLO0 LSE
1288 396.50  09:22:42 00058439221TRLO0 LSE
1572 396.00  09:22:51 00058439227TRLO0 LSE
1223 397.50  09:43:48 00058440745TRLO0 LSE
1223 397.00  09:48:15 00058441199TRLO0 LSE
377 397.00  09:48:15 00058441200TRLO0 LSE
108 397.00  09:48:15 00058441201TRLO0 LSE
124 397.00  09:48:15 00058441202TRLO0 LSE
826 397.00  09:48:15 00058441203TRLO0 LSE
1338 397.00  09:48:15 00058441204TRLO0 LSE
1328 397.50  10:39:25 00058444681TRLO0 LSE
66 397.50  10:39:25 00058444682TRLO0 LSE
451 398.00  11:13:36 00058446541TRLO0 LSE
306 398.00  11:15:59 00058446733TRLO0 LSE
490 398.00  11:15:59 00058446734TRLO0 LSE
1147 398.00  11:17:24 00058446808TRLO0 LSE
1299 398.00  11:17:24 00058446809TRLO0 LSE
400 398.00  11:17:24 00058446810TRLO0 LSE
897 398.00  11:17:24 00058446811TRLO0 LSE
252 398.00  11:44:24 00058448172TRLO0 LSE
429 398.00  11:44:24 00058448173TRLO0 LSE
400 398.00  11:44:24 00058448174TRLO0 LSE
366 398.00  11:44:24 00058448175TRLO0 LSE
694 397.50  11:59:32 00058448791TRLO0 LSE
354 397.50  11:59:32 00058448792TRLO0 LSE
306 397.50  12:07:42 00058449175TRLO0 LSE
1255 397.50  12:07:42 00058449176TRLO0 LSE
126 397.00  12:21:50 00058449950TRLO0 LSE
493 397.00  12:21:50 00058449951TRLO0 LSE
493 397.00  12:21:50 00058449952TRLO0 LSE
218 397.00  12:21:50 00058449953TRLO0 LSE
12 398.00  12:31:01 00058450723TRLO0 LSE
208 398.00  12:31:01 00058450724TRLO0 LSE
469 398.00  12:31:01 00058450725TRLO0 LSE
486 398.00  12:31:01 00058450726TRLO0 LSE
500 399.00  12:55:42 00058452033TRLO0 LSE
928 399.00  12:55:42 00058452034TRLO0 LSE
805 400.00  13:44:01 00058454691TRLO0 LSE
200 400.00  13:44:01 00058454692TRLO0 LSE
1331 400.00  13:44:01 00058454693TRLO0 LSE
230 400.00  13:44:01 00058454694TRLO0 LSE
379 399.50  13:44:01 00058454695TRLO0 LSE
806 399.50  13:44:01 00058454696TRLO0 LSE
600 398.50  13:45:32 00058454795TRLO0 LSE
400 398.50  13:45:32 00058454796TRLO0 LSE
342 398.50  13:46:41 00058454849TRLO0 LSE
745 398.50  13:46:41 00058454850TRLO0 LSE
1238 398.50  13:46:41 00058454851TRLO0 LSE
362 397.50  14:30:21 00058458097TRLO0 LSE
500 397.50  14:30:21 00058458098TRLO0 LSE
594 397.50  14:30:21 00058458099TRLO0 LSE
425 397.50  14:30:21 00058458100TRLO0 LSE
1422 397.50  14:30:21 00058458101TRLO0 LSE
610 397.50  14:35:17 00058458785TRLO0 LSE
1025 397.50  14:37:25 00058459014TRLO0 LSE
835 397.50  14:37:25 00058459015TRLO0 LSE
1301 397.50  14:46:04 00058459796TRLO0 LSE
1302 397.50  14:46:04 00058459797TRLO0 LSE
194 397.00  14:46:08 00058459804TRLO0 LSE
1943 397.00  14:46:08 00058459805TRLO0 LSE
610 398.00  14:56:03 00058460831TRLO0 LSE
400 398.00  14:56:03 00058460832TRLO0 LSE
500 397.50  14:56:54 00058460876TRLO0 LSE
500 397.50  14:56:54 00058460877TRLO0 LSE
426 397.50  14:56:54 00058460878TRLO0 LSE
1074 397.50  14:56:54 00058460879TRLO0 LSE
269 397.50  14:56:54 00058460880TRLO0 LSE
1223 397.00  15:02:44 00058461416TRLO0 LSE
1440 397.00  15:10:21 00058462278TRLO0 LSE
253 397.50  15:30:21 00058464737TRLO0 LSE
1202 397.50  15:30:21 00058464738TRLO0 LSE
828 398.50  15:40:21 00058466231TRLO0 LSE
391 398.50  15:40:21 00058466232TRLO0 LSE
209 398.50  15:40:21 00058466233TRLO0 LSE
500 398.50  15:40:21 00058466234TRLO0 LSE
500 398.50  15:40:21 00058466235TRLO0 LSE
158 398.50  15:40:21 00058466236TRLO0 LSE
1323 398.50  15:40:21 00058466237TRLO0 LSE
10 398.50  15:40:21 00058466238TRLO0 LSE
436 398.50  15:40:21 00058466239TRLO0 LSE
1027 398.50  15:40:21 00058466240TRLO0 LSE
439 398.50  15:40:21 00058466241TRLO0 LSE
832 398.50  15:40:21 00058466242TRLO0 LSE
209 398.50  15:47:01 00058466995TRLO0 LSE
455 399.00  15:50:10 00058467264TRLO0 LSE
400 399.00  15:50:10 00058467265TRLO0 LSE
400 399.00  15:50:10 00058467266TRLO0 LSE
1247 399.00  15:55:07 00058467855TRLO0 LSE
1322 399.00  15:55:07 00058467856TRLO0 LSE
400 399.00  15:58:07 00058468218TRLO0 LSE
209 399.00  15:58:07 00058468219TRLO0 LSE
683 399.00  15:58:07 00058468220TRLO0 LSE
634 399.00  16:07:35 00058468957TRLO0 LSE
60 399.00  16:07:35 00058468958TRLO0 LSE
477 399.00  16:07:35 00058468959TRLO0 LSE
377 399.00  16:15:35 00058469893TRLO0 LSE
863 399.00  16:15:35 00058469894TRLO0 LSE
1128 399.00  16:20:35 00058470375TRLO0 LSE
52 399.00  16:20:35 00058470376TRLO0 LSE
208 399.00  16:21:00 00058470467TRLO0 LSE
291 399.00  16:22:40 00058470581TRLO0 LSE
7 399.00  16:22:40 00058470582TRLO0 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