Redde Northgate Plc - Transaction in Own Shares

PR Newswire

16 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 13 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 :  120,000
Weighted average purchase price paid :  363.8777 pence per share
Highest purchase price paid :  368 pence per share
Lowest purchase price paid :  360 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 2,750,007 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 243,341,416, 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 13 May 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
2043 360.00  08:23:08 00058880978TRLO0 LSE
31938 362.00  08:29:22 00058881436TRLO0 LSE
340 363.00  08:29:58 00058881528TRLO0 LSE
1485 363.50  08:44:41 00058883027TRLO0 LSE
600 364.50  08:52:19 00058883436TRLO0 LSE
827 364.50  08:52:19 00058883437TRLO0 LSE
4 364.50  08:52:28 00058883439TRLO0 LSE
624 364.50  08:52:28 00058883440TRLO0 LSE
1395 366.00  09:18:02 00058884387TRLO0 LSE
1375 366.00  09:18:02 00058884388TRLO0 LSE
400 366.50  09:18:02 00058884389TRLO0 LSE
170 366.50  09:18:02 00058884390TRLO0 LSE
421 366.50  09:18:02 00058884391TRLO0 LSE
333 365.50  09:18:33 00058884407TRLO0 LSE
694 365.50  09:18:33 00058884408TRLO0 LSE
233 365.50  09:18:33 00058884409TRLO0 LSE
254 365.50  09:18:33 00058884410TRLO0 LSE
1408 365.00  09:45:19 00058885287TRLO0 LSE
396 364.50  09:57:51 00058885945TRLO0 LSE
642 364.50  10:04:34 00058886343TRLO0 LSE
647 364.50  10:17:56 00058886777TRLO0 LSE
922 364.00  10:31:47 00058887587TRLO0 LSE
655 364.00  10:35:51 00058887821TRLO0 LSE
1633 363.50  10:52:55 00058888468TRLO0 LSE
242 364.50  11:26:18 00058889514TRLO0 LSE
448 364.50  11:26:18 00058889515TRLO0 LSE
300 364.50  11:26:18 00058889516TRLO0 LSE
730 364.50  11:28:18 00058889570TRLO0 LSE
931 364.50  11:28:18 00058889571TRLO0 LSE
35 364.50  11:28:18 00058889572TRLO0 LSE
1573 364.00  11:31:57 00058889696TRLO0 LSE
1424 364.00  11:31:57 00058889697TRLO0 LSE
195 364.00  11:31:57 00058889698TRLO0 LSE
400 364.50  11:31:57 00058889699TRLO0 LSE
6057 364.50  11:31:57 00058889700TRLO0 LSE
1484 363.00  12:05:24 00058890846TRLO0 LSE
77 362.50  12:09:13 00058890964TRLO0 LSE
1318 362.50  12:09:13 00058890965TRLO0 LSE
1550 364.00  12:37:28 00058891811TRLO0 LSE
452 364.00  12:41:08 00058891955TRLO0 LSE
380 364.00  12:41:08 00058891956TRLO0 LSE
641 364.00  12:41:08 00058891957TRLO0 LSE
234 363.50  12:42:22 00058892049TRLO0 LSE
1201 363.50  12:42:22 00058892050TRLO0 LSE
1406 364.00  12:59:27 00058892727TRLO0 LSE
242 364.00  12:59:27 00058892728TRLO0 LSE
400 364.00  13:00:18 00058892788TRLO0 LSE
494 364.00  13:00:18 00058892789TRLO0 LSE
631 364.00  13:13:18 00058893044TRLO0 LSE
528 363.50  13:13:18 00058893045TRLO0 LSE
578 363.50  13:13:18 00058893046TRLO0 LSE
584 363.50  13:13:18 00058893047TRLO0 LSE
730 363.50  13:21:09 00058893319TRLO0 LSE
907 363.50  13:21:09 00058893320TRLO0 LSE
33 363.50  13:21:09 00058893321TRLO0 LSE
13 363.50  13:51:46 00058894545TRLO0 LSE
402 364.00  13:54:49 00058894622TRLO0 LSE
453 364.00  13:54:49 00058894623TRLO0 LSE
461 364.00  13:54:49 00058894624TRLO0 LSE
461 364.00  13:54:58 00058894629TRLO0 LSE
449 364.00  13:54:58 00058894630TRLO0 LSE
1566 363.50  13:56:26 00058894681TRLO0 LSE
400 363.50  13:56:26 00058894682TRLO0 LSE
461 363.50  13:56:26 00058894683TRLO0 LSE
678 363.50  13:56:26 00058894684TRLO0 LSE
19 363.50  13:59:28 00058894806TRLO0 LSE
608 363.50  13:59:28 00058894807TRLO0 LSE
516 363.50  14:02:48 00058894956TRLO0 LSE
704 363.50  14:02:48 00058894957TRLO0 LSE
44 363.50  14:16:48 00058895598TRLO0 LSE
689 363.50  14:16:48 00058895599TRLO0 LSE
1469 363.50  14:29:57 00058896456TRLO0 LSE
464 364.00  14:32:02 00058896586TRLO0 LSE
437 364.00  14:32:02 00058896587TRLO0 LSE
482 364.50  14:34:08 00058896736TRLO0 LSE
511 364.50  14:34:08 00058896737TRLO0 LSE
28 364.50  14:34:08 00058896738TRLO0 LSE
1676 364.00  14:34:08 00058896739TRLO0 LSE
400 364.00  14:34:08 00058896740TRLO0 LSE
873 364.00  14:34:08 00058896741TRLO0 LSE
1600 365.00  14:45:33 00058897656TRLO0 LSE
1689 365.00  14:50:14 00058898123TRLO0 LSE
1450 365.00  14:50:14 00058898124TRLO0 LSE
1419 364.50  14:50:14 00058898125TRLO0 LSE
511 364.50  15:01:18 00058899156TRLO0 LSE
760 364.50  15:01:18 00058899157TRLO0 LSE
400 364.50  15:12:16 00058900153TRLO0 LSE
713 364.50  15:12:16 00058900154TRLO0 LSE
445 364.50  15:12:16 00058900155TRLO0 LSE
436 364.50  15:14:16 00058900281TRLO0 LSE
238 364.50  15:14:16 00058900282TRLO0 LSE
1454 364.00  15:15:02 00058900436TRLO0 LSE
2 364.00  15:19:51 00058900754TRLO0 LSE
551 364.50  15:20:04 00058900761TRLO0 LSE
33 364.50  15:20:04 00058900762TRLO0 LSE
446 364.50  15:20:04 00058900763TRLO0 LSE
718 365.00  15:26:25 00058901143TRLO0 LSE
627 365.00  15:26:25 00058901145TRLO0 LSE
680 364.50  15:27:59 00058901227TRLO0 LSE
973 364.50  15:27:59 00058901228TRLO0 LSE
26 364.50  15:29:10 00058901283TRLO0 LSE
1629 364.50  15:29:17 00058901284TRLO0 LSE
262 366.00  15:41:02 00058902248TRLO0 LSE
240 366.00  15:42:02 00058902383TRLO0 LSE
475 366.00  15:43:02 00058902463TRLO0 LSE
1170 367.00  15:45:23 00058902716TRLO0 LSE
468 367.00  15:45:23 00058902717TRLO0 LSE
291 366.50  15:47:21 00058902891TRLO0 LSE
1374 366.50  15:47:21 00058902892TRLO0 LSE
1480 366.00  15:47:23 00058902896TRLO0 LSE
6 366.00  15:59:55 00058904036TRLO0 LSE
403 367.00  16:04:38 00058904516TRLO0 LSE
187 367.00  16:04:38 00058904517TRLO0 LSE
710 367.00  16:04:38 00058904518TRLO0 LSE
371 367.00  16:04:38 00058904519TRLO0 LSE
279 367.00  16:08:10 00058905023TRLO0 LSE
42 367.00  16:08:10 00058905024TRLO0 LSE
147 367.50  16:09:34 00058905222TRLO0 LSE
55 367.50  16:09:34 00058905223TRLO0 LSE
323 367.50  16:09:34 00058905224TRLO0 LSE
1200 367.50  16:10:34 00058905366TRLO0 LSE
174 367.50  16:10:34 00058905367TRLO0 LSE
1240 367.00  16:10:47 00058905406TRLO0 LSE
134 367.00  16:10:47 00058905407TRLO0 LSE
1200 368.00  16:17:48 00058906077TRLO0 LSE
405 368.00  16:17:48 00058906078TRLO0 LSE
600 367.50  16:17:48 00058906079TRLO0 LSE
56 367.50  16:17:48 00058906080TRLO0 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