Redde Northgate Plc - Transaction in Own Shares

PR Newswire

28 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 27 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 :  396.2801 pence per share
Highest purchase price paid :  401 pence per share
Lowest purchase price paid :  393 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 1,665,991 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 244,425,432, 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 27 April 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
723 395.00  08:25:36 00058509246TRLO0 LSE
1098 395.00  08:25:36 00058509247TRLO0 LSE
65 395.00  08:25:36 00058509248TRLO0 LSE
400 394.50  08:25:36 00058509250TRLO0 LSE
670 395.00  08:25:36 00058509251TRLO0 LSE
400 395.00  08:25:36 00058509252TRLO0 LSE
244 394.50  08:25:38 00058509270TRLO0 LSE
1605 394.50  08:28:14 00058509562TRLO0 LSE
1781 393.50  08:28:39 00058509597TRLO0 LSE
1530 393.00  08:33:36 00058510084TRLO0 LSE
400 396.00  08:46:53 00058510656TRLO0 LSE
1415 399.50  08:59:20 00058511161TRLO0 LSE
63 399.50  09:01:45 00058511261TRLO0 LSE
1340 399.50  09:01:45 00058511262TRLO0 LSE
1341 399.00  09:03:44 00058511336TRLO0 LSE
93 399.00  09:12:20 00058511552TRLO0 LSE
1466 399.00  09:12:20 00058511553TRLO0 LSE
400 399.00  09:13:20 00058511594TRLO0 LSE
207 399.00  09:13:20 00058511595TRLO0 LSE
287 399.00  09:13:20 00058511596TRLO0 LSE
100 399.00  09:35:00 00058512553TRLO0 LSE
1447 399.00  09:35:00 00058512554TRLO0 LSE
38 399.00  09:48:35 00058513036TRLO0 LSE
1391 399.00  09:48:35 00058513037TRLO0 LSE
500 398.50  09:48:35 00058513038TRLO0 LSE
500 398.50  09:48:35 00058513039TRLO0 LSE
11 398.50  09:48:35 00058513040TRLO0 LSE
224 399.00  10:35:37 00058514936TRLO0 LSE
196 399.00  10:35:37 00058514937TRLO0 LSE
953 399.00  10:35:37 00058514938TRLO0 LSE
1471 399.00  11:34:59 00058517437TRLO0 LSE
1311 399.00  11:34:59 00058517438TRLO0 LSE
1381 399.00  11:34:59 00058517439TRLO0 LSE
359 399.50  11:39:10 00058517616TRLO0 LSE
612 399.50  11:39:10 00058517617TRLO0 LSE
19 399.50  11:39:10 00058517618TRLO0 LSE
1435 401.00  11:56:40 00058518526TRLO0 LSE
51 400.50  11:56:59 00058518534TRLO0 LSE
1384 400.50  11:56:59 00058518535TRLO0 LSE
446 400.00  12:01:06 00058518700TRLO0 LSE
1298 400.00  12:01:06 00058518701TRLO0 LSE
65 399.50  12:02:49 00058518842TRLO0 LSE
867 399.50  12:02:50 00058518843TRLO0 LSE
486 399.50  12:02:52 00058518844TRLO0 LSE
1459 398.50  12:24:31 00058519840TRLO0 LSE
137 398.50  12:24:31 00058519841TRLO0 LSE
151 399.00  12:30:10 00058520380TRLO0 LSE
171 399.00  12:30:10 00058520381TRLO0 LSE
393 399.00  12:30:10 00058520382TRLO0 LSE
400 399.00  12:30:10 00058520383TRLO0 LSE
315 399.00  12:30:10 00058520384TRLO0 LSE
1373 398.50  12:53:56 00058521335TRLO0 LSE
14 398.50  13:19:56 00058522384TRLO0 LSE
173 398.50  13:19:56 00058522385TRLO0 LSE
400 398.50  13:19:56 00058522386TRLO0 LSE
273 398.50  13:19:56 00058522387TRLO0 LSE
39 398.50  13:19:56 00058522388TRLO0 LSE
1526 398.00  13:24:03 00058522597TRLO0 LSE
700 398.00  13:24:03 00058522599TRLO0 LSE
500 398.00  13:24:03 00058522600TRLO0 LSE
301 398.00  13:24:03 00058522601TRLO0 LSE
1582 396.50  13:51:38 00058523875TRLO0 LSE
1318 396.50  13:51:38 00058523876TRLO0 LSE
45 396.50  13:51:38 00058523877TRLO0 LSE
259 395.50  13:51:38 00058523878TRLO0 LSE
1358 395.50  13:51:38 00058523879TRLO0 LSE
118 394.50  14:05:58 00058524620TRLO0 LSE
603 394.50  14:05:58 00058524621TRLO0 LSE
541 394.50  14:05:58 00058524622TRLO0 LSE
35 394.50  14:05:58 00058524623TRLO0 LSE
72 394.50  14:05:58 00058524624TRLO0 LSE
635 394.00  14:33:05 00058527561TRLO0 LSE
63 394.00  14:33:08 00058527568TRLO0 LSE
316 394.00  14:41:05 00058528681TRLO0 LSE
38 394.00  14:41:05 00058528682TRLO0 LSE
157 394.00  14:41:19 00058528782TRLO0 LSE
20 394.00  14:41:19 00058528783TRLO0 LSE
454 395.00  14:42:21 00058529117TRLO0 LSE
607 395.00  14:42:21 00058529118TRLO0 LSE
471 395.00  14:42:21 00058529119TRLO0 LSE
2 395.00  14:42:21 00058529120TRLO0 LSE
322 395.00  14:43:51 00058529306TRLO0 LSE
380 395.00  14:43:51 00058529307TRLO0 LSE
87 395.00  14:43:51 00058529308TRLO0 LSE
674 395.00  14:43:51 00058529309TRLO0 LSE
1335 394.50  14:47:13 00058529753TRLO0 LSE
1335 394.00  14:52:13 00058530702TRLO0 LSE
1625 394.00  14:52:13 00058530703TRLO0 LSE
830 393.50  15:05:23 00058532589TRLO0 LSE
158 393.50  15:05:23 00058532590TRLO0 LSE
132 393.50  15:05:23 00058532591TRLO0 LSE
316 393.50  15:05:23 00058532592TRLO0 LSE
144 393.50  15:11:23 00058533339TRLO0 LSE
1316 393.50  15:11:23 00058533340TRLO0 LSE
194 393.50  15:16:48 00058533903TRLO0 LSE
384 393.50  15:16:48 00058533904TRLO0 LSE
884 393.50  15:16:48 00058533905TRLO0 LSE
905 394.50  16:02:33 00058538960TRLO0 LSE
6112 394.50  16:02:33 00058538961TRLO0 LSE
1084 395.00  16:02:34 00058538963TRLO0 LSE
4 395.00  16:02:34 00058538965TRLO0 LSE
1411 395.00  16:02:34 00058538966TRLO0 LSE
1344 394.50  16:02:53 00058539073TRLO0 LSE
222 394.50  16:02:53 00058539074TRLO0 LSE
25 394.50  16:03:01 00058539087TRLO0 LSE
1386 394.50  16:03:01 00058539088TRLO0 LSE
404 394.00  16:06:48 00058539489TRLO0 LSE
936 394.00  16:06:48 00058539490TRLO0 LSE
1380 394.00  16:06:48 00058539491TRLO0 LSE
400 394.00  16:06:48 00058539492TRLO0 LSE
1232 394.00  16:06:48 00058539493TRLO0 LSE
674 394.00  16:17:01 00058540860TRLO0 LSE
25 394.00  16:17:01 00058540861TRLO0 LSE
211 394.00  16:17:01 00058540862TRLO0 LSE
572 394.00  16:17:01 00058540863TRLO0 LSE
89 394.00  16:17:41 00058540979TRLO0 LSE
717 394.00  16:17:41 00058540980TRLO0 LSE
116 393.50  16:18:59 00058541244TRLO0 LSE
860 393.50  16:18:59 00058541245TRLO0 LSE
400 393.50  16:20:37 00058541541TRLO0 LSE
26 393.50  16:20:37 00058541542TRLO0 LSE
205 393.50  16:21:37 00058541641TRLO0 LSE
52 393.50  16:21:37 00058541642TRLO0 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