Redde Northgate Plc - Transaction in Own Shares

PR Newswire

18 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 17 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 :  367.6483 pence per share
Highest purchase price paid :  370 pence per share
Lowest purchase price paid :  363.5 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 2,950,007 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 243,141,416, 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 17 May 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
862 365.50  08:14:57 00058938224TRLO0 LSE
477 365.50  08:14:57 00058938223TRLO0 LSE
684 365.00  08:18:02 00058938402TRLO0 LSE
55 365.00  08:18:02 00058938404TRLO0 LSE
600 365.00  08:18:02 00058938403TRLO0 LSE
425 364.50  08:29:53 00058939077TRLO0 LSE
600 364.50  08:29:53 00058939076TRLO0 LSE
196 364.50  08:29:53 00058939075TRLO0 LSE
146 364.50  08:29:53 00058939074TRLO0 LSE
1561 364.00  08:42:05 00058939789TRLO0 LSE
244 363.50  08:51:21 00058940166TRLO0 LSE
700 363.50  09:02:13 00058940718TRLO0 LSE
633 365.50  09:16:09 00058941548TRLO0 LSE
1518 365.00  09:16:09 00058941549TRLO0 LSE
804 365.00  09:16:09 00058941551TRLO0 LSE
600 365.00  09:16:09 00058941550TRLO0 LSE
200 366.50  09:22:45 00058942125TRLO0 LSE
1200 366.50  09:22:45 00058942126TRLO0 LSE
175 366.50  09:22:45 00058942127TRLO0 LSE
953 366.00  09:22:48 00058942130TRLO0 LSE
400 366.00  09:22:48 00058942129TRLO0 LSE
162 365.50  09:25:49 00058942252TRLO0 LSE
413 365.50  09:25:49 00058942253TRLO0 LSE
1424 365.50  09:26:50 00058942289TRLO0 LSE
279 365.50  09:26:50 00058942288TRLO0 LSE
422 365.50  09:26:50 00058942287TRLO0 LSE
137 365.50  09:26:50 00058942286TRLO0 LSE
244 365.00  09:31:05 00058942428TRLO0 LSE
144 365.00  09:31:05 00058942430TRLO0 LSE
472 365.00  09:31:05 00058942429TRLO0 LSE
627 365.00  09:31:24 00058942442TRLO0 LSE
31 365.00  09:31:24 00058942441TRLO0 LSE
183 365.00  09:31:24 00058942443TRLO0 LSE
1186 365.00  09:36:57 00058942598TRLO0 LSE
255 365.00  09:36:57 00058942597TRLO0 LSE
1502 365.00  10:15:04 00058944100TRLO0 LSE
1589 365.00  10:15:04 00058944099TRLO0 LSE
1618 366.50  10:22:13 00058944448TRLO0 LSE
1527 366.00  10:22:25 00058944459TRLO0 LSE
400 366.50  10:27:15 00058944672TRLO0 LSE
1440 366.00  10:34:03 00058944912TRLO0 LSE
1365 366.00  10:34:03 00058944911TRLO0 LSE
1386 365.50  10:36:55 00058945093TRLO0 LSE
10 366.50  10:49:37 00058945479TRLO0 LSE
418 366.50  10:49:46 00058945489TRLO0 LSE
1140 366.50  10:49:46 00058945490TRLO0 LSE
400 368.50  10:58:36 00058945698TRLO0 LSE
973 368.00  10:58:40 00058945700TRLO0 LSE
651 368.00  10:58:40 00058945699TRLO0 LSE
239 367.50  11:01:25 00058945794TRLO0 LSE
678 369.00  11:16:06 00058946327TRLO0 LSE
773 369.00  11:16:06 00058946328TRLO0 LSE
1052 369.50  11:24:56 00058946920TRLO0 LSE
415 369.50  11:24:56 00058946921TRLO0 LSE
400 369.50  11:26:06 00058946961TRLO0 LSE
675 369.50  11:26:06 00058946962TRLO0 LSE
833 369.00  11:30:02 00058947123TRLO0 LSE
485 369.00  11:30:02 00058947122TRLO0 LSE
547 369.50  11:52:46 00058947854TRLO0 LSE
768 369.50  11:52:46 00058947855TRLO0 LSE
34 369.00  11:57:02 00058947937TRLO0 LSE
920 369.00  11:58:02 00058947978TRLO0 LSE
449 369.00  11:58:02 00058947977TRLO0 LSE
1138 369.00  11:58:02 00058947976TRLO0 LSE
143 369.00  11:58:02 00058947975TRLO0 LSE
1513 368.50  11:58:02 00058947979TRLO0 LSE
508 368.00  12:39:54 00058949644TRLO0 LSE
798 368.00  12:39:54 00058949646TRLO0 LSE
294 368.00  12:39:54 00058949645TRLO0 LSE
156 370.00  12:45:19 00058949803TRLO0 LSE
220 370.00  12:45:19 00058949804TRLO0 LSE
267 370.00  12:45:19 00058949805TRLO0 LSE
1637 369.50  12:48:19 00058949860TRLO0 LSE
1117 369.50  12:48:19 00058949862TRLO0 LSE
299 369.50  12:48:19 00058949861TRLO0 LSE
136 369.50  13:21:50 00058950866TRLO0 LSE
211 369.50  13:21:50 00058950869TRLO0 LSE
600 369.50  13:21:50 00058950868TRLO0 LSE
511 369.50  13:21:50 00058950867TRLO0 LSE
1367 369.00  13:22:31 00058950892TRLO0 LSE
1385 368.50  13:22:32 00058950893TRLO0 LSE
1511 368.00  13:43:02 00058951616TRLO0 LSE
196 368.00  13:43:02 00058951615TRLO0 LSE
1218 368.00  13:43:02 00058951614TRLO0 LSE
1443 367.50  13:43:02 00058951617TRLO0 LSE
341 366.50  14:02:36 00058952263TRLO0 LSE
1206 366.50  14:02:36 00058952262TRLO0 LSE
1610 368.00  14:27:22 00058953071TRLO0 LSE
1732 368.00  14:27:22 00058953070TRLO0 LSE
457 368.00  14:27:22 00058953069TRLO0 LSE
526 368.00  14:27:22 00058953073TRLO0 LSE
400 368.00  14:27:22 00058953072TRLO0 LSE
1556 368.50  14:35:14 00058953630TRLO0 LSE
677 369.50  14:42:26 00058954259TRLO0 LSE
99 369.50  14:42:26 00058954261TRLO0 LSE
820 369.50  14:42:26 00058954260TRLO0 LSE
519 370.00  14:43:47 00058954394TRLO0 LSE
400 370.00  14:43:47 00058954395TRLO0 LSE
1569 370.00  14:45:57 00058954515TRLO0 LSE
1511 369.50  14:52:24 00058954908TRLO0 LSE
853 369.50  14:52:24 00058954907TRLO0 LSE
677 369.50  14:52:24 00058954906TRLO0 LSE
551 369.50  14:55:02 00058955100TRLO0 LSE
861 369.50  14:55:02 00058955099TRLO0 LSE
243 369.00  15:00:19 00058955420TRLO0 LSE
254 369.00  15:00:19 00058955419TRLO0 LSE
1089 369.00  15:00:19 00058955418TRLO0 LSE
921 369.50  15:09:19 00058955999TRLO0 LSE
1588 369.50  15:09:19 00058955998TRLO0 LSE
687 369.50  15:09:19 00058956000TRLO0 LSE
400 369.00  15:23:10 00058956951TRLO0 LSE
86 369.00  15:23:10 00058956950TRLO0 LSE
464 369.00  15:24:17 00058957038TRLO0 LSE
400 369.00  15:24:17 00058957037TRLO0 LSE
1391 368.50  15:26:54 00058957207TRLO0 LSE
1077 368.50  15:26:54 00058957206TRLO0 LSE
15 368.50  15:26:54 00058957205TRLO0 LSE
361 368.50  15:26:54 00058957204TRLO0 LSE
640 368.50  15:32:26 00058957679TRLO0 LSE
476 368.50  15:32:26 00058957678TRLO0 LSE
201 368.50  15:32:26 00058957677TRLO0 LSE
70 367.50  15:35:14 00058957841TRLO0 LSE
400 368.00  15:43:06 00058958432TRLO0 LSE
300 368.00  15:43:06 00058958431TRLO0 LSE
5 368.00  15:43:06 00058958430TRLO0 LSE
560 368.00  15:43:06 00058958429TRLO0 LSE
28 368.00  15:43:06 00058958428TRLO0 LSE
503 367.50  15:45:11 00058958564TRLO0 LSE
110 367.50  15:45:11 00058958566TRLO0 LSE
680 367.50  15:45:25 00058958584TRLO0 LSE
1361 367.50  15:45:25 00058958586TRLO0 LSE
253 367.50  15:45:25 00058958585TRLO0 LSE
99 367.50  15:45:25 00058958587TRLO0 LSE
1387 368.50  15:59:12 00058959583TRLO0 LSE
400 368.50  15:59:12 00058959582TRLO0 LSE
300 368.50  15:59:12 00058959581TRLO0 LSE
508 368.00  15:59:21 00058959594TRLO0 LSE
136 368.00  15:59:21 00058959593TRLO0 LSE
722 368.00  15:59:21 00058959592TRLO0 LSE
1357 368.00  15:59:21 00058959591TRLO0 LSE
400 368.50  16:10:55 00058960535TRLO0 LSE
160 368.50  16:10:55 00058960534TRLO0 LSE
400 368.50  16:11:26 00058960577TRLO0 LSE
83 368.50  16:11:56 00058960598TRLO0 LSE
400 368.50  16:11:56 00058960599TRLO0 LSE
77 368.50  16:12:56 00058960660TRLO0 LSE
1575 368.50  16:13:13 00058960705TRLO0 LSE
113 368.50  16:17:08 00058961161TRLO0 LSE
600 368.50  16:17:08 00058961160TRLO0 LSE
600 368.50  16:17:08 00058961159TRLO0 LSE
49 368.50  16:20:08 00058961510TRLO0 LSE
67 368.50  16:20:15 00058961520TRLO0 LSE
1272 368.50  16:21:15 00058961965TRLO0 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