Redde Northgate Plc - Transaction in Own Shares

PR Newswire

27 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 26 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 :  400.7221 pence per share
Highest purchase price paid :  402.5 pence per share
Lowest purchase price paid :  396.5 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 1,585,991 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 244,505,432, 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 26 April 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
1750 402.00  08:17:58 00058473577TRLO0 LSE
27 402.00  08:17:58 00058473578TRLO0 LSE
1213 402.00  08:25:02 00058473975TRLO0 LSE
67 401.00  08:25:46 00058473998TRLO0 LSE
1412 401.00  08:25:46 00058473999TRLO0 LSE
400 401.50  08:25:46 00058474000TRLO0 LSE
1528 400.50  08:25:46 00058474001TRLO0 LSE
435 400.50  08:25:46 00058474002TRLO0 LSE
19 400.00  08:25:46 00058474003TRLO0 LSE
1397 401.50  08:49:57 00058475251TRLO0 LSE
1325 401.50  08:49:57 00058475252TRLO0 LSE
1448 402.00  09:04:57 00058476441TRLO0 LSE
66 401.50  09:13:01 00058476927TRLO0 LSE
455 401.50  09:13:01 00058476928TRLO0 LSE
683 401.50  09:13:01 00058476929TRLO0 LSE
645 401.50  09:13:01 00058476930TRLO0 LSE
540 401.50  09:13:01 00058476931TRLO0 LSE
1203 401.00  09:13:03 00058476933TRLO0 LSE
1035 400.50  09:13:05 00058476941TRLO0 LSE
407 400.50  09:13:05 00058476942TRLO0 LSE
1267 401.00  10:33:01 00058480402TRLO0 LSE
139 401.00  10:33:01 00058480403TRLO0 LSE
2500 401.00  10:57:34 00058481296TRLO0 LSE
1120 401.00  10:57:34 00058481297TRLO0 LSE
2500 401.00  10:58:15 00058481334TRLO0 LSE
1037 402.00  11:22:54 00058482129TRLO0 LSE
264 402.00  11:22:54 00058482130TRLO0 LSE
1223 402.00  11:22:54 00058482131TRLO0 LSE
400 402.50  11:22:54 00058482132TRLO0 LSE
33 402.50  11:22:54 00058482133TRLO0 LSE
367 402.50  11:22:54 00058482134TRLO0 LSE
1343 402.50  11:33:05 00058482560TRLO0 LSE
1239 402.00  12:05:51 00058483917TRLO0 LSE
55 402.00  12:05:51 00058483918TRLO0 LSE
124 402.00  12:05:51 00058483919TRLO0 LSE
49 402.00  12:05:51 00058483920TRLO0 LSE
40 402.00  12:05:51 00058483921TRLO0 LSE
1060 402.00  12:05:51 00058483922TRLO0 LSE
359 402.00  12:49:02 00058485832TRLO0 LSE
90 402.00  12:49:02 00058485833TRLO0 LSE
921 402.00  12:49:02 00058485834TRLO0 LSE
370 402.50  13:09:27 00058486720TRLO0 LSE
395 402.50  13:10:05 00058486754TRLO0 LSE
715 402.50  13:10:05 00058486755TRLO0 LSE
400 402.50  13:10:05 00058486756TRLO0 LSE
294 402.50  13:10:07 00058486758TRLO0 LSE
562 402.00  13:16:37 00058487262TRLO0 LSE
650 402.00  13:16:58 00058487272TRLO0 LSE
347 402.00  13:16:58 00058487273TRLO0 LSE
981 402.00  13:16:58 00058487274TRLO0 LSE
400 402.00  13:16:58 00058487275TRLO0 LSE
862 402.00  13:16:58 00058487276TRLO0 LSE
265 401.50  13:37:03 00058488891TRLO0 LSE
1153 401.50  13:37:03 00058488892TRLO0 LSE
400 401.00  13:42:36 00058489305TRLO0 LSE
1189 400.50  13:48:38 00058489663TRLO0 LSE
166 400.50  13:48:38 00058489664TRLO0 LSE
875 400.50  14:02:09 00058490540TRLO0 LSE
480 400.50  14:02:09 00058490541TRLO0 LSE
400 400.50  14:09:09 00058490990TRLO0 LSE
26 400.50  14:09:09 00058490991TRLO0 LSE
166 400.50  14:19:09 00058491628TRLO0 LSE
1112 400.50  14:19:09 00058491629TRLO0 LSE
433 400.50  14:19:09 00058491630TRLO0 LSE
400 400.50  14:24:02 00058491942TRLO0 LSE
400 400.50  14:24:10 00058491954TRLO0 LSE
401 400.50  14:24:10 00058491955TRLO0 LSE
400 400.50  14:30:00 00058492273TRLO0 LSE
189 400.50  14:30:00 00058492274TRLO0 LSE
399 400.50  14:30:00 00058492275TRLO0 LSE
600 400.50  14:40:02 00058493318TRLO0 LSE
548 400.50  14:40:02 00058493319TRLO0 LSE
132 400.50  14:40:02 00058493320TRLO0 LSE
868 400.50  14:40:02 00058493321TRLO0 LSE
397 400.50  14:40:02 00058493322TRLO0 LSE
1261 400.50  14:58:05 00058495129TRLO0 LSE
1287 400.50  14:58:05 00058495130TRLO0 LSE
400 400.50  14:58:05 00058495131TRLO0 LSE
37 400.50  14:59:05 00058495207TRLO0 LSE
486 400.50  14:59:09 00058495211TRLO0 LSE
400 400.50  15:02:00 00058495570TRLO0 LSE
400 400.50  15:02:00 00058495571TRLO0 LSE
875 400.50  15:14:09 00058496943TRLO0 LSE
57 400.50  15:14:09 00058496944TRLO0 LSE
51 400.50  15:14:09 00058496945TRLO0 LSE
234 400.50  15:18:15 00058497306TRLO0 LSE
9 400.50  15:18:15 00058497307TRLO0 LSE
1401 400.50  15:18:15 00058497308TRLO0 LSE
397 400.50  15:18:25 00058497344TRLO0 LSE
806 400.50  15:18:25 00058497346TRLO0 LSE
182 400.50  15:18:25 00058497347TRLO0 LSE
488 400.50  15:18:25 00058497348TRLO0 LSE
500 400.50  15:18:25 00058497349TRLO0 LSE
98 400.50  15:18:25 00058497350TRLO0 LSE
400 400.50  15:22:56 00058497941TRLO0 LSE
620 400.50  15:22:56 00058497942TRLO0 LSE
131 400.50  15:34:05 00058499137TRLO0 LSE
123 400.50  15:34:05 00058499138TRLO0 LSE
1225 400.50  15:34:05 00058499139TRLO0 LSE
1144 400.50  15:34:05 00058499140TRLO0 LSE
72 400.50  15:34:05 00058499141TRLO0 LSE
400 400.50  15:35:05 00058499314TRLO0 LSE
383 400.50  15:35:05 00058499315TRLO0 LSE
292 400.50  15:35:05 00058499316TRLO0 LSE
17 400.00  15:38:41 00058499808TRLO0 LSE
1312 400.00  15:38:41 00058499809TRLO0 LSE
482 400.00  15:38:45 00058499847TRLO0 LSE
1434 399.50  15:42:04 00058500618TRLO0 LSE
1211 398.00  15:45:18 00058501161TRLO0 LSE
889 398.00  15:53:55 00058502267TRLO0 LSE
565 398.00  15:53:55 00058502268TRLO0 LSE
84 397.50  15:59:11 00058502766TRLO0 LSE
184 398.00  16:00:03 00058502873TRLO0 LSE
486 398.00  16:00:03 00058502874TRLO0 LSE
400 398.00  16:00:03 00058502875TRLO0 LSE
400 397.50  16:02:44 00058503404TRLO0 LSE
400 397.50  16:02:50 00058503426TRLO0 LSE
400 397.50  16:04:50 00058503861TRLO0 LSE
1 397.50  16:04:50 00058503862TRLO0 LSE
1451 397.00  16:06:05 00058504122TRLO0 LSE
400 397.00  16:12:05 00058504777TRLO0 LSE
252 397.00  16:12:05 00058504778TRLO0 LSE
161 397.00  16:12:05 00058504779TRLO0 LSE
23 397.00  16:12:05 00058504780TRLO0 LSE
400 397.00  16:15:10 00058505130TRLO0 LSE
310 396.50  16:16:15 00058505301TRLO0 LSE
19 396.50  16:16:15 00058505302TRLO0 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