Redde Northgate Plc - Transaction in Own Shares

PR Newswire

6 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 5 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 :  386.9304 pence per share
Highest purchase price paid :  393 pence per share
Lowest purchase price paid :  380.5 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 2,125,991 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 243,965,432, 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 5 May 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
898 391.00  08:17:12 00058676257TRLO0 LSE
488 391.00  08:17:12 00058676258TRLO0 LSE
1512 391.00  08:17:12 00058676259TRLO0 LSE
53 391.00  08:17:12 00058676260TRLO0 LSE
1704 390.50  08:18:33 00058676336TRLO0 LSE
65 390.50  08:18:33 00058676337TRLO0 LSE
1256 392.00  08:32:36 00058677345TRLO0 LSE
637 392.00  08:32:36 00058677346TRLO0 LSE
227 392.00  08:32:36 00058677347TRLO0 LSE
935 393.00  08:33:50 00058677412TRLO0 LSE
400 393.00  08:35:35 00058677499TRLO0 LSE
267 393.00  08:36:03 00058677521TRLO0 LSE
1307 393.00  08:39:06 00058677697TRLO0 LSE
910 392.50  08:40:04 00058677738TRLO0 LSE
904 392.50  08:40:04 00058677739TRLO0 LSE
1361 392.50  09:00:25 00058678863TRLO0 LSE
1522 392.50  09:28:13 00058680408TRLO0 LSE
755 392.00  09:28:16 00058680409TRLO0 LSE
292 392.00  09:28:16 00058680410TRLO0 LSE
279 392.00  09:28:16 00058680411TRLO0 LSE
1458 392.00  09:37:49 00058680893TRLO0 LSE
1078 391.00  10:00:14 00058682138TRLO0 LSE
290 391.00  10:00:14 00058682139TRLO0 LSE
1280 390.50  10:05:05 00058682409TRLO0 LSE
31 390.50  10:05:05 00058682410TRLO0 LSE
1085 390.00  10:22:41 00058683185TRLO0 LSE
502 390.00  10:22:41 00058683186TRLO0 LSE
1446 388.50  10:36:36 00058683745TRLO0 LSE
871 388.00  10:36:41 00058683748TRLO0 LSE
477 388.00  10:37:00 00058683755TRLO0 LSE
500 388.00  10:48:51 00058684287TRLO0 LSE
867 388.00  10:48:51 00058684288TRLO0 LSE
1613 388.50  11:26:18 00058685709TRLO0 LSE
836 388.50  11:31:04 00058685935TRLO0 LSE
678 388.50  11:31:04 00058685936TRLO0 LSE
557 388.00  11:31:09 00058685939TRLO0 LSE
866 388.00  11:31:09 00058685940TRLO0 LSE
1379 390.00  11:43:12 00058686599TRLO0 LSE
1600 389.50  11:55:19 00058687145TRLO0 LSE
1330 389.50  11:57:44 00058687344TRLO0 LSE
500 389.50  12:05:58 00058687774TRLO0 LSE
1000 389.50  12:05:58 00058687775TRLO0 LSE
62 389.50  12:05:58 00058687776TRLO0 LSE
400 389.50  12:05:58 00058687777TRLO0 LSE
502 389.50  12:05:58 00058687778TRLO0 LSE
450 390.00  12:13:59 00058688073TRLO0 LSE
538 390.00  12:21:21 00058688304TRLO0 LSE
509 390.00  12:33:21 00058688827TRLO0 LSE
390 390.00  12:33:21 00058688828TRLO0 LSE
512 390.00  12:44:30 00058689332TRLO0 LSE
378 389.50  13:11:05 00058690585TRLO0 LSE
1247 389.50  13:15:43 00058690821TRLO0 LSE
269 389.50  13:23:08 00058691432TRLO0 LSE
1335 389.50  13:23:08 00058691433TRLO0 LSE
1376 389.00  13:53:42 00058693715TRLO0 LSE
1540 388.50  13:53:46 00058693716TRLO0 LSE
1594 388.50  14:14:05 00058694954TRLO0 LSE
1294 388.00  14:29:42 00058695763TRLO0 LSE
175 388.00  14:33:10 00058696106TRLO0 LSE
1211 388.00  14:33:10 00058696107TRLO0 LSE
283 388.00  14:33:10 00058696108TRLO0 LSE
1455 388.00  14:45:08 00058696861TRLO0 LSE
400 388.00  14:45:09 00058696863TRLO0 LSE
578 388.00  14:45:09 00058696864TRLO0 LSE
1553 387.50  14:53:28 00058697425TRLO0 LSE
400 388.00  14:57:49 00058697752TRLO0 LSE
327 388.00  14:57:49 00058697753TRLO0 LSE
452 388.00  14:57:49 00058697754TRLO0 LSE
400 387.50  15:03:34 00058698251TRLO0 LSE
400 387.50  15:03:34 00058698252TRLO0 LSE
309 387.50  15:03:34 00058698253TRLO0 LSE
1557 387.00  15:03:34 00058698254TRLO0 LSE
422 387.00  15:03:34 00058698255TRLO0 LSE
1585 387.00  15:05:42 00058698504TRLO0 LSE
400 387.00  15:05:42 00058698505TRLO0 LSE
35 387.00  15:05:42 00058698506TRLO0 LSE
1328 386.50  15:10:45 00058699105TRLO0 LSE
1386 386.50  15:10:45 00058699106TRLO0 LSE
1427 386.00  15:12:21 00058699211TRLO0 LSE
873 385.50  15:20:48 00058699933TRLO0 LSE
538 385.50  15:20:48 00058699934TRLO0 LSE
462 385.50  15:20:48 00058699935TRLO0 LSE
900 385.50  15:20:48 00058699936TRLO0 LSE
20 385.50  15:20:48 00058699937TRLO0 LSE
253 385.50  15:20:48 00058699940TRLO0 LSE
1155 385.50  15:20:48 00058699943TRLO0 LSE
166 385.50  15:20:48 00058699946TRLO0 LSE
760 384.00  15:27:18 00058701039TRLO0 LSE
344 384.00  15:27:27 00058701055TRLO0 LSE
412 384.00  15:27:27 00058701056TRLO0 LSE
657 384.00  15:27:27 00058701057TRLO0 LSE
489 384.00  15:27:30 00058701059TRLO0 LSE
26 384.00  15:27:30 00058701060TRLO0 LSE
274 384.00  15:27:30 00058701061TRLO0 LSE
1291 383.50  15:34:38 00058702091TRLO0 LSE
145 383.50  15:34:38 00058702092TRLO0 LSE
600 383.50  15:34:38 00058702093TRLO0 LSE
793 383.50  15:34:38 00058702094TRLO0 LSE
1051 383.00  15:35:12 00058702157TRLO0 LSE
517 383.00  15:35:12 00058702158TRLO0 LSE
379 382.00  15:39:36 00058702822TRLO0 LSE
1157 382.00  15:39:36 00058702823TRLO0 LSE
8 382.00  15:39:37 00058702828TRLO0 LSE
716 381.50  15:41:08 00058703058TRLO0 LSE
121 382.50  15:47:56 00058703811TRLO0 LSE
500 382.50  15:47:56 00058703812TRLO0 LSE
500 382.50  15:47:56 00058703813TRLO0 LSE
453 382.50  15:47:56 00058703814TRLO0 LSE
1239 382.50  15:47:56 00058703815TRLO0 LSE
66 382.50  15:47:56 00058703816TRLO0 LSE
2 382.50  15:47:56 00058703817TRLO0 LSE
98 382.00  15:48:20 00058703875TRLO0 LSE
876 382.00  15:48:20 00058703876TRLO0 LSE
112 382.00  15:48:20 00058703877TRLO0 LSE
265 382.00  15:48:20 00058703878TRLO0 LSE
400 382.00  15:54:43 00058704612TRLO0 LSE
304 382.00  15:54:43 00058704613TRLO0 LSE
457 381.50  15:54:45 00058704614TRLO0 LSE
1341 382.00  16:04:35 00058705605TRLO0 LSE
1667 382.00  16:04:35 00058705606TRLO0 LSE
1527 382.00  16:04:35 00058705607TRLO0 LSE
1639 381.50  16:04:55 00058705632TRLO0 LSE
632 381.50  16:04:55 00058705633TRLO0 LSE
1437 381.00  16:08:15 00058706103TRLO0 LSE
1468 380.50  16:13:20 00058706691TRLO0 LSE
1562 380.50  16:13:20 00058706692TRLO0 LSE
435 380.50  16:13:20 00058706693TRLO0 LSE
1115 380.50  16:13:20 00058706694TRLO0 LSE
276 380.50  16:17:25 00058707239TRLO0 LSE
359 380.50  16:17:25 00058707240TRLO0 LSE
218 380.50  16:17:26 00058707246TRLO0 LSE
270 380.50  16:17:29 00058707247TRLO0 LSE
345 380.50  16:17:29 00058707248TRLO0 LSE
150 380.50  16:17:29 00058707249TRLO0 LSE
219 380.50  16:21:26 00058707811TRLO0 LSE
217 380.50  16:22:56 00058708038TRLO0 LSE
18 380.50  16:24:53 00058708319TRLO0 LSE
381 380.50  16:24:53 00058708320TRLO0 LSE
850 380.50  16:24:53 00058708321TRLO0 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