Redde Northgate Plc - Transaction in Own Shares

PR Newswire

10 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 9 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 :  367.8868 pence per share
Highest purchase price paid :  376 pence per share
Lowest purchase price paid :  364.5 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 2,330,007 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 243,761,416, 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 9 May 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
327 376.00  08:13:53 00058749972TRLO0 LSE
17 376.00  08:13:53 00058749973TRLO0 LSE
118 375.00  08:15:51 00058750069TRLO0 LSE
1500 375.00  08:15:51 00058750070TRLO0 LSE
394 375.00  08:15:51 00058750071TRLO0 LSE
1656 374.50  08:16:17 00058750110TRLO0 LSE
1545 372.50  08:30:38 00058750919TRLO0 LSE
463 372.00  08:42:11 00058751465TRLO0 LSE
149 372.00  08:42:11 00058751466TRLO0 LSE
906 372.00  08:42:11 00058751467TRLO0 LSE
1313 371.00  08:44:00 00058751506TRLO0 LSE
352 371.00  08:44:01 00058751507TRLO0 LSE
14 371.50  08:54:15 00058751847TRLO0 LSE
1500 371.50  08:54:15 00058751848TRLO0 LSE
53 371.50  08:54:15 00058751849TRLO0 LSE
411 370.50  08:54:17 00058751850TRLO0 LSE
1225 371.00  08:56:41 00058751995TRLO0 LSE
197 371.00  08:56:42 00058751996TRLO0 LSE
77 371.00  08:58:55 00058752113TRLO0 LSE
1595 369.50  09:03:24 00058752421TRLO0 LSE
950 368.50  09:03:39 00058752429TRLO0 LSE
1974 368.50  09:30:15 00058754366TRLO0 LSE
1508 368.00  09:30:15 00058754367TRLO0 LSE
352 368.00  09:30:15 00058754368TRLO0 LSE
1346 368.00  09:30:16 00058754369TRLO0 LSE
851 368.00  09:30:16 00058754370TRLO0 LSE
705 368.00  09:31:42 00058754476TRLO0 LSE
520 368.00  09:31:42 00058754477TRLO0 LSE
639 368.00  09:31:42 00058754478TRLO0 LSE
500 367.50  09:32:36 00058754531TRLO0 LSE
500 367.50  09:32:36 00058754532TRLO0 LSE
500 367.50  09:32:36 00058754533TRLO0 LSE
177 367.50  09:32:36 00058754534TRLO0 LSE
192 368.00  09:57:26 00058755614TRLO0 LSE
1328 368.00  09:57:26 00058755615TRLO0 LSE
1302 367.50  10:23:52 00058756783TRLO0 LSE
503 367.50  10:23:52 00058756784TRLO0 LSE
1715 367.00  10:40:55 00058757647TRLO0 LSE
671 366.00  10:44:31 00058757849TRLO0 LSE
926 366.00  11:00:02 00058758461TRLO0 LSE
392 367.00  11:27:32 00058759654TRLO0 LSE
1000 367.00  11:27:32 00058759655TRLO0 LSE
204 367.00  11:27:32 00058759656TRLO0 LSE
267 367.00  11:27:32 00058759657TRLO0 LSE
124 367.00  11:27:33 00058759663TRLO0 LSE
1179 367.00  11:27:33 00058759664TRLO0 LSE
62 366.00  11:39:46 00058760530TRLO0 LSE
1142 365.50  11:46:59 00058761054TRLO0 LSE
459 365.50  11:46:59 00058761055TRLO0 LSE
400 365.50  11:52:05 00058761376TRLO0 LSE
610 365.50  11:52:05 00058761377TRLO0 LSE
400 365.50  11:57:32 00058761536TRLO0 LSE
296 365.50  11:57:32 00058761537TRLO0 LSE
629 365.50  11:57:32 00058761538TRLO0 LSE
493 365.00  12:06:21 00058761864TRLO0 LSE
505 365.00  12:06:21 00058761865TRLO0 LSE
607 365.00  12:06:21 00058761866TRLO0 LSE
566 364.50  12:07:00 00058761883TRLO0 LSE
860 364.50  12:07:02 00058761889TRLO0 LSE
1705 365.00  12:18:45 00058762244TRLO0 LSE
1523 364.50  12:18:52 00058762248TRLO0 LSE
79 364.50  12:50:25 00058763463TRLO0 LSE
1719 364.50  12:50:25 00058763464TRLO0 LSE
199 364.50  12:50:25 00058763465TRLO0 LSE
383 364.50  12:50:25 00058763466TRLO0 LSE
500 366.00  13:16:23 00058764630TRLO0 LSE
979 366.00  13:16:23 00058764631TRLO0 LSE
643 366.00  13:22:23 00058764913TRLO0 LSE
400 366.00  13:22:23 00058764914TRLO0 LSE
508 365.50  13:22:23 00058764915TRLO0 LSE
947 365.50  13:22:23 00058764916TRLO0 LSE
484 366.00  13:22:23 00058764917TRLO0 LSE
25 366.00  13:22:23 00058764918TRLO0 LSE
416 366.00  13:22:23 00058764919TRLO0 LSE
335 366.00  13:40:00 00058765990TRLO0 LSE
161 368.00  14:13:47 00058768024TRLO0 LSE
205 368.00  14:13:47 00058768025TRLO0 LSE
118 368.00  14:14:09 00058768051TRLO0 LSE
1000 368.00  14:14:09 00058768052TRLO0 LSE
500 368.00  14:14:09 00058768053TRLO0 LSE
242 368.00  14:14:09 00058768054TRLO0 LSE
175 368.00  14:14:09 00058768055TRLO0 LSE
543 368.00  14:14:09 00058768056TRLO0 LSE
882 368.00  14:14:09 00058768057TRLO0 LSE
563 368.00  14:14:09 00058768058TRLO0 LSE
3350 368.00  14:26:22 00058768683TRLO0 LSE
497 368.50  14:28:19 00058768877TRLO0 LSE
1417 368.00  14:28:20 00058768879TRLO0 LSE
400 368.00  14:30:33 00058769012TRLO0 LSE
25 368.00  14:32:39 00058769277TRLO0 LSE
500 368.00  14:32:39 00058769278TRLO0 LSE
964 368.00  14:32:39 00058769279TRLO0 LSE
1640 368.00  14:32:39 00058769280TRLO0 LSE
400 368.00  14:32:39 00058769281TRLO0 LSE
391 368.00  14:32:39 00058769282TRLO0 LSE
28 368.00  14:32:39 00058769283TRLO0 LSE
400 369.00  14:40:19 00058770077TRLO0 LSE
400 368.50  14:42:32 00058770283TRLO0 LSE
100 368.00  14:45:45 00058770535TRLO0 LSE
1282 368.00  14:45:45 00058770536TRLO0 LSE
218 368.00  14:45:45 00058770537TRLO0 LSE
1274 368.00  14:45:45 00058770538TRLO0 LSE
81 367.50  14:48:15 00058770775TRLO0 LSE
1491 367.50  14:48:16 00058770776TRLO0 LSE
346 368.50  14:59:46 00058771972TRLO0 LSE
68 368.50  14:59:53 00058771977TRLO0 LSE
472 368.00  15:00:15 00058772052TRLO0 LSE
500 368.00  15:00:15 00058772053TRLO0 LSE
512 368.00  15:00:15 00058772054TRLO0 LSE
662 368.00  15:00:15 00058772055TRLO0 LSE
205 368.00  15:00:15 00058772056TRLO0 LSE
500 368.00  15:00:15 00058772057TRLO0 LSE
151 368.00  15:00:15 00058772058TRLO0 LSE
1387 367.50  15:09:15 00058772849TRLO0 LSE
1485 367.50  15:09:15 00058772850TRLO0 LSE
400 367.50  15:09:15 00058772851TRLO0 LSE
517 367.50  15:09:15 00058772852TRLO0 LSE
27 367.00  15:09:16 00058772856TRLO0 LSE
867 367.00  15:09:17 00058772860TRLO0 LSE
580 367.00  15:09:17 00058772861TRLO0 LSE
131 367.00  15:09:18 00058772862TRLO0 LSE
94 367.00  15:09:34 00058772895TRLO0 LSE
1408 368.00  15:28:29 00058774808TRLO0 LSE
1490 368.00  15:28:29 00058774809TRLO0 LSE
400 368.00  15:28:29 00058774810TRLO0 LSE
342 368.00  15:28:29 00058774811TRLO0 LSE
680 367.50  15:28:34 00058774820TRLO0 LSE
34 367.50  15:30:14 00058774978TRLO0 LSE
786 367.50  15:30:14 00058774979TRLO0 LSE
689 367.50  15:33:02 00058775208TRLO0 LSE
391 367.50  15:33:02 00058775209TRLO0 LSE
375 367.50  15:33:02 00058775210TRLO0 LSE
378 367.50  15:40:45 00058775809TRLO0 LSE
200 367.50  15:40:54 00058775812TRLO0 LSE
212 367.50  15:41:25 00058775842TRLO0 LSE
259 367.50  15:41:25 00058775843TRLO0 LSE
200 368.00  15:47:21 00058776289TRLO0 LSE
1196 368.00  15:52:10 00058776718TRLO0 LSE
108 368.00  15:52:10 00058776719TRLO0 LSE
200 368.00  15:52:22 00058776730TRLO0 LSE
500 368.00  15:55:02 00058777022TRLO0 LSE
744 368.00  15:55:02 00058777023TRLO0 LSE
141 368.00  15:55:02 00058777024TRLO0 LSE
1385 368.00  15:55:02 00058777025TRLO0 LSE
2 367.50  15:55:02 00058777026TRLO0 LSE
886 367.50  15:55:02 00058777027TRLO0 LSE
731 367.50  15:55:02 00058777028TRLO0 LSE
878 367.00  16:02:37 00058777825TRLO0 LSE
771 367.00  16:02:37 00058777826TRLO0 LSE
445 367.00  16:09:29 00058778705TRLO0 LSE
158 367.00  16:10:35 00058778816TRLO0 LSE
705 367.00  16:11:30 00058778958TRLO0 LSE
259 367.00  16:19:02 00058779845TRLO0 LSE
105 367.00  16:19:02 00058779846TRLO0 LSE
1596 367.00  16:20:42 00058779999TRLO0 LSE
1184 367.00  16:20:42 00058780000TRLO0 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