Redde Northgate Plc - Transaction in Own Shares

PR Newswire

5 May 2022

REDDE NORTHGATE PLC

(“Redde Northgate” or the “Group” or the “Company”)

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 4 May 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 :  100,000
Weighted average purchase price paid :  387.419 pence per share
Highest purchase price paid :  389 pence per share
Lowest purchase price paid :  385 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 2,025,991 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 244,065,432, 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 4 May 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
1606 388.00  08:36:24 00058646249TRLO0 LSE
1355 388.50  08:52:23 00058646915TRLO0 LSE
1408 388.00  08:52:25 00058646916TRLO0 LSE
1491 387.50  08:52:29 00058646917TRLO0 LSE
1500 387.50  08:57:15 00058647137TRLO0 LSE
1069 387.00  09:04:16 00058647492TRLO0 LSE
1604 387.00  09:04:16 00058647494TRLO0 LSE
443 387.00  09:04:16 00058647493TRLO0 LSE
1354 386.50  09:18:30 00058648040TRLO0 LSE
1109 386.50  09:18:30 00058648041TRLO0 LSE
369 386.50  09:18:37 00058648053TRLO0 LSE
1171 387.50  09:41:43 00058649202TRLO0 LSE
312 387.50  09:41:43 00058649201TRLO0 LSE
74 387.50  09:41:43 00058649203TRLO0 LSE
1482 387.00  09:53:03 00058649561TRLO0 LSE
34 386.50  09:53:03 00058649566TRLO0 LSE
909 386.50  09:53:03 00058649563TRLO0 LSE
126 386.50  09:54:43 00058649623TRLO0 LSE
216 386.50  09:58:43 00058649826TRLO0 LSE
230 386.50  10:00:33 00058649916TRLO0 LSE
1253 386.50  10:02:41 00058649999TRLO0 LSE
85 386.50  10:02:41 00058650000TRLO0 LSE
1378 386.00  10:44:19 00058651494TRLO0 LSE
400 386.00  10:44:19 00058651495TRLO0 LSE
1331 385.50  10:45:11 00058651520TRLO0 LSE
236 385.50  10:45:11 00058651522TRLO0 LSE
629 385.00  10:48:23 00058651622TRLO0 LSE
879 385.00  10:48:23 00058651624TRLO0 LSE
95 385.50  10:51:33 00058651759TRLO0 LSE
2748 386.00  11:01:20 00058652275TRLO0 LSE
400 386.00  11:01:20 00058652276TRLO0 LSE
1325 385.50  11:01:31 00058652279TRLO0 LSE
1586 385.50  11:05:00 00058652476TRLO0 LSE
1250 385.00  11:13:24 00058652911TRLO0 LSE
87 385.00  11:13:24 00058652910TRLO0 LSE
101 385.00  11:13:24 00058652909TRLO0 LSE
98 385.00  11:13:24 00058652908TRLO0 LSE
630 388.50  11:37:35 00058653912TRLO0 LSE
661 388.50  11:40:17 00058653989TRLO0 LSE
181 388.50  11:40:17 00058653990TRLO0 LSE
253 389.00  11:49:45 00058654364TRLO0 LSE
232 389.00  11:51:45 00058654458TRLO0 LSE
294 389.00  11:53:36 00058654519TRLO0 LSE
440 389.00  11:53:36 00058654520TRLO0 LSE
327 389.00  11:53:36 00058654521TRLO0 LSE
1 389.00  11:53:36 00058654522TRLO0 LSE
945 389.00  11:53:36 00058654523TRLO0 LSE
376 389.00  11:53:36 00058654524TRLO0 LSE
268 389.00  11:53:36 00058654525TRLO0 LSE
126 388.50  11:55:16 00058654572TRLO0 LSE
1573 388.50  11:55:16 00058654571TRLO0 LSE
429 388.50  11:58:48 00058654740TRLO0 LSE
144 388.50  11:58:48 00058654739TRLO0 LSE
23 388.50  11:58:48 00058654741TRLO0 LSE
60 388.50  12:02:04 00058654899TRLO0 LSE
32 388.50  12:02:04 00058654898TRLO0 LSE
636 388.50  12:02:04 00058654897TRLO0 LSE
386 388.50  12:02:04 00058654900TRLO0 LSE
319 388.50  12:23:13 00058655679TRLO0 LSE
175 388.50  12:23:13 00058655678TRLO0 LSE
216 388.50  12:23:29 00058655690TRLO0 LSE
759 388.50  12:23:29 00058655691TRLO0 LSE
287 388.00  12:32:43 00058656176TRLO0 LSE
500 388.00  12:32:43 00058656175TRLO0 LSE
652 388.00  12:32:43 00058656174TRLO0 LSE
313 388.00  12:41:52 00058656590TRLO0 LSE
226 388.00  12:41:52 00058656589TRLO0 LSE
298 388.00  12:41:52 00058656592TRLO0 LSE
652 388.00  12:41:52 00058656591TRLO0 LSE
129 388.00  12:50:12 00058656914TRLO0 LSE
235 388.00  12:53:53 00058657044TRLO0 LSE
265 388.00  12:53:53 00058657045TRLO0 LSE
647 388.00  12:57:49 00058657175TRLO0 LSE
461 388.00  13:02:31 00058657349TRLO0 LSE
213 388.00  13:02:31 00058657348TRLO0 LSE
226 388.00  13:03:44 00058657418TRLO0 LSE
288 388.00  13:11:04 00058657865TRLO0 LSE
219 388.00  13:11:04 00058657864TRLO0 LSE
389 388.00  13:11:37 00058657905TRLO0 LSE
551 388.00  13:11:37 00058657904TRLO0 LSE
150 388.00  13:11:37 00058657903TRLO0 LSE
362 388.00  13:11:37 00058657902TRLO0 LSE
339 388.00  13:11:37 00058657901TRLO0 LSE
1051 387.50  13:24:25 00058658727TRLO0 LSE
385 387.50  13:24:25 00058658726TRLO0 LSE
1529 387.00  13:25:48 00058658781TRLO0 LSE
617 387.00  13:32:52 00058659196TRLO0 LSE
400 387.00  13:32:52 00058659195TRLO0 LSE
8 387.00  13:42:46 00058659825TRLO0 LSE
865 387.00  13:42:46 00058659826TRLO0 LSE
657 387.00  13:42:46 00058659827TRLO0 LSE
1533 386.50  13:50:35 00058660229TRLO0 LSE
76 386.50  13:51:35 00058660278TRLO0 LSE
919 386.50  13:51:35 00058660277TRLO0 LSE
400 386.50  13:51:35 00058660276TRLO0 LSE
615 386.50  13:57:16 00058660631TRLO0 LSE
205 386.50  13:57:16 00058660630TRLO0 LSE
231 386.50  14:11:29 00058661433TRLO0 LSE
1085 386.50  14:11:29 00058661434TRLO0 LSE
433 387.00  14:32:10 00058662849TRLO0 LSE
32 387.00  14:32:10 00058662848TRLO0 LSE
695 387.00  14:32:10 00058662847TRLO0 LSE
703 387.00  14:32:10 00058662846TRLO0 LSE
315 387.00  14:32:10 00058662845TRLO0 LSE
117 387.00  14:32:10 00058662852TRLO0 LSE
433 387.00  14:32:10 00058662851TRLO0 LSE
1000 387.00  14:32:10 00058662850TRLO0 LSE
41 386.50  14:32:10 00058662853TRLO0 LSE
345 386.50  14:32:12 00058662859TRLO0 LSE
1164 386.50  14:32:12 00058662858TRLO0 LSE
453 386.50  14:32:12 00058662860TRLO0 LSE
1619 388.00  14:40:08 00058663494TRLO0 LSE
827 388.00  14:40:08 00058663499TRLO0 LSE
633 388.00  14:40:08 00058663500TRLO0 LSE
572 388.00  14:42:25 00058663619TRLO0 LSE
689 388.00  14:42:56 00058663646TRLO0 LSE
778 388.00  14:43:00 00058663647TRLO0 LSE
385 389.00  14:52:59 00058664470TRLO0 LSE
1945 388.00  14:53:03 00058664488TRLO0 LSE
434 388.50  14:53:03 00058664492TRLO0 LSE
400 388.50  14:53:03 00058664489TRLO0 LSE
1590 388.00  15:05:58 00058665777TRLO0 LSE
131 388.00  15:05:58 00058665782TRLO0 LSE
94 388.00  15:05:58 00058665781TRLO0 LSE
588 388.00  15:05:58 00058665780TRLO0 LSE
337 388.00  15:05:58 00058665779TRLO0 LSE
344 388.00  15:05:58 00058665778TRLO0 LSE
1593 388.50  15:28:42 00058668023TRLO0 LSE
1344 388.50  15:28:48 00058668041TRLO0 LSE
1555 388.00  15:28:54 00058668044TRLO0 LSE
1363 388.00  15:28:54 00058668043TRLO0 LSE
1344 388.00  15:31:58 00058668274TRLO0 LSE
704 388.50  15:31:58 00058668277TRLO0 LSE
402 388.50  15:31:58 00058668276TRLO0 LSE
400 388.50  15:31:58 00058668275TRLO0 LSE
736 387.50  15:44:02 00058669251TRLO0 LSE
1507 387.50  15:45:53 00058669376TRLO0 LSE
796 387.50  15:45:53 00058669375TRLO0 LSE
129 388.00  15:55:36 00058670124TRLO0 LSE
598 388.00  15:55:36 00058670123TRLO0 LSE
862 388.00  15:55:36 00058670122TRLO0 LSE
260 388.00  15:57:26 00058670225TRLO0 LSE
26 388.00  15:57:26 00058670224TRLO0 LSE
470 388.00  15:57:26 00058670223TRLO0 LSE
261 388.00  16:00:36 00058670546TRLO0 LSE
511 388.00  16:00:36 00058670545TRLO0 LSE
50 388.00  16:00:36 00058670544TRLO0 LSE
649 388.00  16:00:36 00058670543TRLO0 LSE
731 388.00  16:04:06 00058670792TRLO0 LSE
233 388.00  16:04:06 00058670791TRLO0 LSE
270 388.00  16:06:06 00058670959TRLO0 LSE
224 388.00  16:06:06 00058670958TRLO0 LSE
601 388.00  16:06:06 00058670960TRLO0 LSE
1166 388.00  16:09:16 00058671220TRLO0 LSE
233 388.00  16:09:16 00058671219TRLO0 LSE
223 388.00  16:13:16 00058671762TRLO0 LSE
360 388.00  16:13:16 00058671763TRLO0 LSE
343 388.00  16:13:36 00058671785TRLO0 LSE
306 388.00  16:13:36 00058671784TRLO0 LSE
603 388.00  16:13:36 00058671783TRLO0 LSE
225 387.50  16:15:13 00058671961TRLO0 LSE
500 387.50  16:15:13 00058671960TRLO0 LSE
168 387.50  16:15:13 00058671959TRLO0 LSE
201 387.50  16:15:13 00058671963TRLO0 LSE
299 387.50  16:15:13 00058671962TRLO0 LSE
665 387.50  16:18:13 00058672281TRLO0 LSE
319 387.50  16:18:13 00058672280TRLO0 LSE
466 387.00  16:22:14 00058672788TRLO0 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