Redde Northgate Plc - Transaction in Own Shares

PR Newswire

11 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 10 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 :  366.8422 pence per share
Highest purchase price paid :  369.5 pence per share
Lowest purchase price paid :  364 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 2,430,007 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 243,661,416, 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 10 May 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
197 366.00  08:10:13 00058783138TRLO0 LSE
10 366.00  08:10:13 00058783137TRLO0 LSE
1452 366.00  08:10:13 00058783136TRLO0 LSE
345 366.00  08:10:13 00058783135TRLO0 LSE
1760 366.00  08:10:13 00058783139TRLO0 LSE
1371 366.00  08:24:11 00058783864TRLO0 LSE
874 365.50  08:30:02 00058784440TRLO0 LSE
600 365.50  08:30:02 00058784439TRLO0 LSE
201 365.00  08:30:19 00058784529TRLO0 LSE
159 367.00  08:39:33 00058785291TRLO0 LSE
1107 367.00  08:39:33 00058785292TRLO0 LSE
338 367.00  08:39:33 00058785293TRLO0 LSE
1457 366.50  08:39:43 00058785299TRLO0 LSE
101 366.50  08:39:43 00058785298TRLO0 LSE
53 365.50  08:40:24 00058785358TRLO0 LSE
400 366.00  08:42:53 00058785498TRLO0 LSE
1530 366.00  08:49:04 00058785744TRLO0 LSE
1515 365.50  08:49:05 00058785747TRLO0 LSE
249 365.00  09:02:58 00058786278TRLO0 LSE
600 365.00  09:02:58 00058786277TRLO0 LSE
651 365.00  09:02:58 00058786276TRLO0 LSE
86 365.00  09:08:13 00058786557TRLO0 LSE
1591 365.50  09:25:47 00058787317TRLO0 LSE
1073 365.00  09:25:50 00058787319TRLO0 LSE
600 365.00  09:25:50 00058787318TRLO0 LSE
1491 364.00  09:35:35 00058787751TRLO0 LSE
2402 366.00  10:37:51 00058790285TRLO0 LSE
400 366.00  10:37:51 00058790286TRLO0 LSE
380 366.00  10:37:51 00058790287TRLO0 LSE
1653 365.50  10:54:55 00058791032TRLO0 LSE
1384 365.50  10:54:55 00058791031TRLO0 LSE
567 364.50  10:56:35 00058791150TRLO0 LSE
56 364.50  10:57:21 00058791189TRLO0 LSE
380 364.50  10:58:29 00058791217TRLO0 LSE
650 364.50  10:58:29 00058791216TRLO0 LSE
1239 364.50  11:26:03 00058792244TRLO0 LSE
257 364.50  11:26:03 00058792243TRLO0 LSE
731 366.50  11:28:21 00058792326TRLO0 LSE
201 366.50  11:28:21 00058792325TRLO0 LSE
439 366.50  11:56:24 00058793177TRLO0 LSE
1441 366.50  11:56:24 00058793176TRLO0 LSE
1394 366.50  11:56:24 00058793175TRLO0 LSE
1256 366.50  11:56:24 00058793178TRLO0 LSE
52 368.50  12:10:00 00058793579TRLO0 LSE
1501 368.50  12:10:00 00058793580TRLO0 LSE
1540 368.00  12:32:14 00058794596TRLO0 LSE
1531 368.00  12:32:14 00058794595TRLO0 LSE
2152 367.50  12:32:24 00058794600TRLO0 LSE
160 367.00  12:32:27 00058794601TRLO0 LSE
212 367.00  12:32:34 00058794606TRLO0 LSE
56 367.00  12:32:55 00058794613TRLO0 LSE
56 367.00  12:43:11 00058794996TRLO0 LSE
879 367.00  12:43:15 00058795002TRLO0 LSE
291 367.00  12:43:15 00058795001TRLO0 LSE
429 366.50  12:43:19 00058795010TRLO0 LSE
54 366.50  12:44:02 00058795043TRLO0 LSE
53 366.50  12:44:32 00058795089TRLO0 LSE
53 366.50  12:55:14 00058795378TRLO0 LSE
57 367.50  13:33:37 00058796696TRLO0 LSE
85 367.50  13:50:27 00058797543TRLO0 LSE
10 368.00  13:50:27 00058797545TRLO0 LSE
473 368.00  13:50:27 00058797544TRLO0 LSE
541 368.00  13:50:27 00058797549TRLO0 LSE
600 368.00  13:50:27 00058797548TRLO0 LSE
1200 368.00  13:50:27 00058797547TRLO0 LSE
1200 368.00  13:50:27 00058797546TRLO0 LSE
1378 367.50  13:50:30 00058797552TRLO0 LSE
82 367.50  13:50:30 00058797551TRLO0 LSE
1546 367.50  13:50:30 00058797550TRLO0 LSE
960 367.00  13:50:32 00058797554TRLO0 LSE
464 367.00  13:50:32 00058797555TRLO0 LSE
294 366.50  13:59:54 00058797955TRLO0 LSE
687 366.50  13:59:54 00058797954TRLO0 LSE
719 366.50  13:59:54 00058797953TRLO0 LSE
260 367.50  14:38:49 00058800401TRLO0 LSE
491 367.50  14:38:49 00058800400TRLO0 LSE
814 367.50  14:41:05 00058800532TRLO0 LSE
776 367.50  14:41:05 00058800531TRLO0 LSE
2547 367.50  14:41:05 00058800530TRLO0 LSE
580 367.50  14:41:05 00058800529TRLO0 LSE
1954 367.50  14:41:05 00058800528TRLO0 LSE
23 368.00  14:52:06 00058801276TRLO0 LSE
734 369.00  14:55:05 00058801494TRLO0 LSE
112 369.00  14:55:16 00058801588TRLO0 LSE
2517 369.00  14:55:16 00058801589TRLO0 LSE
108 369.00  14:57:03 00058801799TRLO0 LSE
13 369.50  14:57:35 00058801837TRLO0 LSE
506 369.50  14:57:35 00058801838TRLO0 LSE
16 369.50  14:57:35 00058801839TRLO0 LSE
918 369.50  14:57:35 00058801840TRLO0 LSE
102 369.00  14:57:50 00058801857TRLO0 LSE
22 369.50  15:11:53 00058803337TRLO0 LSE
1649 369.50  15:14:02 00058803522TRLO0 LSE
1590 369.50  15:14:02 00058803523TRLO0 LSE
783 369.50  15:14:02 00058803524TRLO0 LSE
727 369.50  15:14:02 00058803525TRLO0 LSE
1073 369.50  15:14:02 00058803526TRLO0 LSE
337 369.50  15:14:02 00058803527TRLO0 LSE
181 369.50  15:14:02 00058803528TRLO0 LSE
1076 368.50  15:14:14 00058803607TRLO0 LSE
587 368.50  15:14:14 00058803617TRLO0 LSE
755 368.50  15:14:14 00058803616TRLO0 LSE
212 368.50  15:14:28 00058803635TRLO0 LSE
516 369.00  15:23:02 00058804262TRLO0 LSE
1104 369.00  15:23:02 00058804261TRLO0 LSE
1059 369.00  15:23:02 00058804264TRLO0 LSE
400 369.00  15:23:02 00058804263TRLO0 LSE
98 368.50  15:27:35 00058804699TRLO0 LSE
1325 368.50  15:27:35 00058804698TRLO0 LSE
527 367.50  15:30:07 00058804975TRLO0 LSE
206 367.50  15:30:13 00058804989TRLO0 LSE
632 367.50  15:30:21 00058805016TRLO0 LSE
479 367.50  15:39:44 00058805740TRLO0 LSE
336 367.50  15:39:44 00058805739TRLO0 LSE
1200 367.50  15:39:44 00058805741TRLO0 LSE
24 367.00  15:40:03 00058805759TRLO0 LSE
708 367.00  15:40:39 00058805784TRLO0 LSE
701 367.00  15:40:39 00058805783TRLO0 LSE
1635 366.50  15:51:36 00058807159TRLO0 LSE
1409 366.50  15:51:36 00058807160TRLO0 LSE
71 365.50  15:54:27 00058807415TRLO0 LSE
398 365.50  15:54:27 00058807416TRLO0 LSE
228 365.50  15:54:27 00058807417TRLO0 LSE
162 365.50  15:54:27 00058807418TRLO0 LSE
112 365.50  15:54:36 00058807423TRLO0 LSE
174 365.50  15:54:36 00058807424TRLO0 LSE
183 365.50  15:55:43 00058807481TRLO0 LSE
36 365.50  15:58:23 00058807744TRLO0 LSE
106 365.50  15:58:23 00058807743TRLO0 LSE
761 365.50  15:58:25 00058807745TRLO0 LSE
140 365.50  15:58:25 00058807748TRLO0 LSE
509 365.50  15:58:37 00058807758TRLO0 LSE
806 365.50  16:05:41 00058808780TRLO0 LSE
609 365.50  16:05:41 00058808779TRLO0 LSE
1382 365.50  16:05:41 00058808778TRLO0 LSE
1601 365.00  16:06:09 00058808899TRLO0 LSE
688 364.50  16:13:09 00058809750TRLO0 LSE
910 364.50  16:13:09 00058809751TRLO0 LSE
716 364.50  16:13:09 00058809753TRLO0 LSE
91 364.50  16:13:09 00058809752TRLO0 LSE
690 364.50  16:13:09 00058809754TRLO0 LSE
20 364.00  16:22:48 00058810889TRLO0 LSE
104 364.00  16:22:53 00058810892TRLO0 LSE
1 364.00  16:22:58 00058810897TRLO0 LSE
221 364.00  16:23:11 00058810933TRLO0 LSE
612 364.00  16:23:36 00058810953TRLO0 LSE
56 364.00  16:23:49 00058810967TRLO0 LSE
152 364.00  16:24:16 00058810984TRLO0 LSE
683 364.00  16:24:17 00058810986TRLO0 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