Redde Northgate Plc - Transaction in Own Shares

PR Newswire

25 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 24 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 :  75,000
Weighted average purchase price paid :  370.0406 pence per share
Highest purchase price paid :  373 pence per share
Lowest purchase price paid :  367 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 3,368,826 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 242,722,597, 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 24 May 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
1391 373.00  08:15:17 00059079304TRLO0 LSE
177 373.00  08:15:17 00059079303TRLO0 LSE
558 373.00  08:18:02 00059079421TRLO0 LSE
752 373.00  08:18:02 00059079420TRLO0 LSE
211 372.50  08:19:26 00059079474TRLO0 LSE
1000 372.50  08:19:26 00059079473TRLO0 LSE
216 372.50  08:19:26 00059079472TRLO0 LSE
1367 371.50  08:37:56 00059080410TRLO0 LSE
1276 371.00  09:09:49 00059081956TRLO0 LSE
553 371.00  09:09:49 00059081958TRLO0 LSE
324 371.00  09:09:49 00059081957TRLO0 LSE
553 371.00  09:09:49 00059081959TRLO0 LSE
1518 370.50  09:17:06 00059082411TRLO0 LSE
182 370.50  09:17:06 00059082416TRLO0 LSE
290 370.50  09:17:06 00059082415TRLO0 LSE
544 370.50  09:17:06 00059082414TRLO0 LSE
400 370.50  09:17:06 00059082413TRLO0 LSE
1521 369.00  09:53:05 00059084456TRLO0 LSE
38 369.00  09:53:05 00059084455TRLO0 LSE
257 370.50  10:01:49 00059084733TRLO0 LSE
852 370.50  10:01:49 00059084732TRLO0 LSE
446 370.00  10:03:32 00059084805TRLO0 LSE
871 370.00  10:03:32 00059084804TRLO0 LSE
1387 370.00  10:20:07 00059085631TRLO0 LSE
783 369.50  10:22:36 00059085762TRLO0 LSE
516 369.50  10:22:36 00059085761TRLO0 LSE
23 369.50  10:22:36 00059085760TRLO0 LSE
288 371.00  10:59:32 00059087169TRLO0 LSE
400 371.00  11:03:02 00059087370TRLO0 LSE
1403 370.50  11:03:02 00059087371TRLO0 LSE
413 371.00  11:03:02 00059087374TRLO0 LSE
400 371.00  11:03:02 00059087373TRLO0 LSE
539 371.00  11:03:02 00059087372TRLO0 LSE
1395 370.00  11:05:06 00059087436TRLO0 LSE
42 370.00  11:05:06 00059087435TRLO0 LSE
207 370.00  11:36:48 00059088629TRLO0 LSE
621 370.00  11:37:00 00059088631TRLO0 LSE
159 370.00  11:37:00 00059088630TRLO0 LSE
327 370.00  11:39:40 00059088733TRLO0 LSE
662 370.00  11:39:40 00059088734TRLO0 LSE
413 370.00  11:40:02 00059088750TRLO0 LSE
446 370.00  11:40:02 00059088749TRLO0 LSE
216 371.50  12:37:41 00059091409TRLO0 LSE
214 371.50  12:37:41 00059091408TRLO0 LSE
1450 371.50  12:37:41 00059091407TRLO0 LSE
409 371.50  12:37:41 00059091410TRLO0 LSE
552 371.50  12:38:00 00059091459TRLO0 LSE
500 371.50  12:38:00 00059091458TRLO0 LSE
451 371.50  12:38:00 00059091457TRLO0 LSE
49 371.50  12:38:00 00059091456TRLO0 LSE
399 371.50  12:38:00 00059091455TRLO0 LSE
119 371.50  12:38:01 00059091464TRLO0 LSE
1373 371.50  13:07:31 00059092596TRLO0 LSE
1431 371.00  13:28:25 00059093413TRLO0 LSE
1657 371.00  13:28:25 00059093412TRLO0 LSE
463 371.50  13:28:25 00059093417TRLO0 LSE
533 371.50  13:28:25 00059093416TRLO0 LSE
400 371.50  13:28:25 00059093415TRLO0 LSE
1028 371.50  13:28:25 00059093414TRLO0 LSE
1505 372.00  14:01:05 00059094891TRLO0 LSE
1437 372.00  14:01:05 00059094890TRLO0 LSE
51 371.50  14:02:53 00059094940TRLO0 LSE
1605 371.50  14:02:53 00059094939TRLO0 LSE
399 371.00  14:08:17 00059095185TRLO0 LSE
968 371.00  14:08:17 00059095184TRLO0 LSE
844 371.00  14:23:24 00059095717TRLO0 LSE
681 371.00  14:23:24 00059095716TRLO0 LSE
1319 371.00  14:23:24 00059095715TRLO0 LSE
1342 370.50  14:30:52 00059096327TRLO0 LSE
753 370.50  14:30:52 00059096330TRLO0 LSE
62 370.50  14:30:52 00059096329TRLO0 LSE
474 370.50  14:30:52 00059096328TRLO0 LSE
344 370.00  14:48:50 00059097769TRLO0 LSE
33 370.00  14:48:50 00059097779TRLO0 LSE
246 370.00  14:48:50 00059097778TRLO0 LSE
117 370.00  14:48:50 00059097777TRLO0 LSE
653 370.00  14:48:50 00059097776TRLO0 LSE
981 370.00  15:00:18 00059098627TRLO0 LSE
576 370.00  15:00:18 00059098626TRLO0 LSE
924 370.00  15:00:18 00059098625TRLO0 LSE
500 370.00  15:00:18 00059098624TRLO0 LSE
1793 370.00  15:00:18 00059098629TRLO0 LSE
224 370.00  15:00:18 00059098628TRLO0 LSE
978 369.00  15:01:41 00059098847TRLO0 LSE
400 369.00  15:01:41 00059098846TRLO0 LSE
860 367.50  15:08:32 00059099449TRLO0 LSE
630 367.50  15:08:32 00059099448TRLO0 LSE
1566 367.50  15:26:39 00059101285TRLO0 LSE
346 367.50  15:26:39 00059101287TRLO0 LSE
400 367.50  15:26:39 00059101286TRLO0 LSE
1000 368.00  15:35:56 00059102097TRLO0 LSE
318 368.00  15:35:56 00059102098TRLO0 LSE
1316 368.00  15:39:56 00059102437TRLO0 LSE
1307 367.50  15:44:00 00059102819TRLO0 LSE
1564 367.50  15:44:25 00059102847TRLO0 LSE
210 367.00  15:52:32 00059103601TRLO0 LSE
400 367.00  15:52:32 00059103600TRLO0 LSE
116 367.00  15:55:32 00059103910TRLO0 LSE
1194 367.00  15:55:32 00059103911TRLO0 LSE
279 367.50  16:00:51 00059104280TRLO0 LSE
500 367.50  16:00:51 00059104279TRLO0 LSE
500 367.50  16:00:51 00059104278TRLO0 LSE
1491 367.50  16:04:51 00059104572TRLO0 LSE
1229 368.00  16:10:52 00059105157TRLO0 LSE
260 368.00  16:10:52 00059105156TRLO0 LSE
24 368.00  16:10:52 00059105155TRLO0 LSE
484 368.00  16:12:32 00059105257TRLO0 LSE
410 368.00  16:12:32 00059105256TRLO0 LSE
230 368.00  16:12:32 00059105255TRLO0 LSE
263 368.00  16:12:32 00059105254TRLO0 LSE
373 368.00  16:16:32 00059105721TRLO0 LSE
4 368.00  16:16:32 00059105720TRLO0 LSE
46 368.00  16:16:32 00059105719TRLO0 LSE
1506 368.00  16:19:16 00059106018TRLO0 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