Redde Northgate Plc - Transaction in Own Shares

PR Newswire

26 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 25 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 :  363.8092 pence per share
Highest purchase price paid :  369 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 3,443,826 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 242,647,597, 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 25 May 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
321 369.00  08:29:16 00059109674TRLO0 LSE
4 369.00  08:29:16 00059109675TRLO0 LSE
272 368.50  08:31:32 00059109842TRLO0 LSE
500 368.50  08:31:32 00059109843TRLO0 LSE
581 368.50  08:31:32 00059109844TRLO0 LSE
357 368.00  08:31:38 00059109855TRLO0 LSE
484 368.00  08:31:38 00059109856TRLO0 LSE
391 368.00  08:31:38 00059109857TRLO0 LSE
149 368.00  08:31:40 00059109864TRLO0 LSE
6 368.00  08:31:40 00059109865TRLO0 LSE
402 368.00  08:31:40 00059109866TRLO0 LSE
1205 368.00  08:32:23 00059109903TRLO0 LSE
1622 368.00  08:32:23 00059109904TRLO0 LSE
1325 367.50  08:37:04 00059110192TRLO0 LSE
242 366.50  08:47:44 00059110871TRLO0 LSE
1000 366.50  08:47:44 00059110872TRLO0 LSE
273 366.50  08:47:44 00059110873TRLO0 LSE
400 366.50  08:49:44 00059111026TRLO0 LSE
561 366.50  08:49:44 00059111027TRLO0 LSE
271 366.50  08:49:44 00059111028TRLO0 LSE
1320 366.00  09:08:26 00059111960TRLO0 LSE
1626 365.50  09:10:04 00059112118TRLO0 LSE
464 365.00  09:42:34 00059113689TRLO0 LSE
777 365.00  09:46:18 00059113848TRLO0 LSE
88 365.00  09:55:31 00059114275TRLO0 LSE
93 365.00  09:55:31 00059114276TRLO0 LSE
1476 365.00  09:55:31 00059114277TRLO0 LSE
1421 364.00  10:04:43 00059114896TRLO0 LSE
1484 364.00  10:22:26 00059115814TRLO0 LSE
209 362.50  10:43:49 00059116475TRLO0 LSE
691 362.50  10:47:15 00059116550TRLO0 LSE
258 362.50  10:47:15 00059116551TRLO0 LSE
152 362.50  10:49:11 00059116639TRLO0 LSE
187 362.50  10:54:34 00059116756TRLO0 LSE
369 362.50  10:58:24 00059116871TRLO0 LSE
477 362.50  11:02:25 00059116992TRLO0 LSE
285 362.50  11:09:47 00059117205TRLO0 LSE
197 362.50  11:21:17 00059117555TRLO0 LSE
274 362.50  11:21:17 00059117556TRLO0 LSE
673 362.50  11:21:17 00059117557TRLO0 LSE
482 362.50  11:31:35 00059117901TRLO0 LSE
52 362.50  11:31:35 00059117902TRLO0 LSE
131 362.50  11:32:24 00059117931TRLO0 LSE
1490 361.50  11:51:06 00059118667TRLO0 LSE
658 361.50  12:00:13 00059119076TRLO0 LSE
422 361.50  12:01:08 00059119109TRLO0 LSE
325 361.50  12:01:08 00059119110TRLO0 LSE
499 361.00  12:28:30 00059120121TRLO0 LSE
979 361.00  12:28:30 00059120122TRLO0 LSE
660 360.50  12:40:40 00059120492TRLO0 LSE
606 361.00  12:54:07 00059121209TRLO0 LSE
507 361.50  12:57:17 00059121281TRLO0 LSE
308 361.50  12:57:17 00059121282TRLO0 LSE
445 361.50  12:57:17 00059121283TRLO0 LSE
611 361.50  12:57:17 00059121284TRLO0 LSE
960 361.00  13:00:10 00059121367TRLO0 LSE
381 361.00  13:00:10 00059121368TRLO0 LSE
1452 360.50  13:26:53 00059122316TRLO0 LSE
1752 360.00  13:29:59 00059122431TRLO0 LSE
470 360.00  14:04:08 00059123873TRLO0 LSE
437 360.00  14:14:59 00059124378TRLO0 LSE
686 360.00  14:15:24 00059124403TRLO0 LSE
1426 360.00  14:15:24 00059124404TRLO0 LSE
15 360.00  14:15:24 00059124405TRLO0 LSE
477 360.00  14:25:44 00059124800TRLO0 LSE
969 360.50  14:30:03 00059125006TRLO0 LSE
502 360.50  14:30:03 00059125008TRLO0 LSE
400 361.50  14:30:47 00059125195TRLO0 LSE
210 362.00  14:31:48 00059125280TRLO0 LSE
484 362.00  14:31:48 00059125281TRLO0 LSE
268 362.00  14:31:48 00059125282TRLO0 LSE
500 361.50  14:31:48 00059125283TRLO0 LSE
1014 361.50  14:31:48 00059125284TRLO0 LSE
50 361.50  14:41:17 00059126062TRLO0 LSE
213 362.50  14:45:30 00059126557TRLO0 LSE
2500 363.00  14:45:42 00059126635TRLO0 LSE
94 363.00  14:45:42 00059126636TRLO0 LSE
268 363.00  14:46:28 00059126691TRLO0 LSE
487 363.00  14:46:28 00059126692TRLO0 LSE
619 363.00  14:46:38 00059126697TRLO0 LSE
262 363.00  14:46:38 00059126698TRLO0 LSE
612 363.00  14:47:28 00059126800TRLO0 LSE
569 363.00  14:47:28 00059126801TRLO0 LSE
474 363.00  14:48:44 00059126890TRLO0 LSE
576 363.00  14:48:44 00059126891TRLO0 LSE
366 362.50  14:49:22 00059126995TRLO0 LSE
1023 362.50  14:49:22 00059126996TRLO0 LSE
465 362.00  15:05:26 00059128370TRLO0 LSE
29 362.00  15:05:26 00059128371TRLO0 LSE
501 363.50  15:09:27 00059128625TRLO0 LSE
500 363.50  15:09:27 00059128626TRLO0 LSE
838 363.50  15:09:27 00059128627TRLO0 LSE
6 363.50  15:11:48 00059128736TRLO0 LSE
258 363.50  15:11:48 00059128737TRLO0 LSE
770 363.50  15:11:48 00059128738TRLO0 LSE
1438 363.00  15:11:48 00059128739TRLO0 LSE
172 363.00  15:11:48 00059128740TRLO0 LSE
261 363.50  15:18:38 00059129396TRLO0 LSE
746 363.50  15:18:38 00059129397TRLO0 LSE
600 363.50  15:20:38 00059129628TRLO0 LSE
266 363.50  15:20:38 00059129629TRLO0 LSE
433 364.00  15:25:08 00059129954TRLO0 LSE
253 364.00  15:25:08 00059129955TRLO0 LSE
1101 365.50  15:35:50 00059131361TRLO0 LSE
1000 365.50  15:37:50 00059131520TRLO0 LSE
343 365.50  15:37:50 00059131521TRLO0 LSE
429 365.50  15:39:29 00059131597TRLO0 LSE
1176 365.50  15:39:29 00059131598TRLO0 LSE
95 365.50  15:39:29 00059131599TRLO0 LSE
544 365.50  15:39:29 00059131600TRLO0 LSE
544 365.50  15:40:29 00059131673TRLO0 LSE
276 365.50  15:40:29 00059131674TRLO0 LSE
554 365.00  15:42:29 00059131795TRLO0 LSE
471 365.00  15:42:29 00059131796TRLO0 LSE
500 365.00  15:42:29 00059131797TRLO0 LSE
48 365.00  15:42:29 00059131798TRLO0 LSE
400 365.00  15:50:38 00059132291TRLO0 LSE
665 365.00  15:50:38 00059132292TRLO0 LSE
301 365.00  15:50:38 00059132293TRLO0 LSE
1572 365.00  16:01:26 00059132977TRLO0 LSE
104 365.50  16:09:47 00059133544TRLO0 LSE
253 365.50  16:09:47 00059133545TRLO0 LSE
978 365.50  16:09:47 00059133546TRLO0 LSE
464 365.50  16:09:47 00059133547TRLO0 LSE
938 365.50  16:09:50 00059133554TRLO0 LSE
631 366.00  16:13:58 00059133867TRLO0 LSE
277 366.00  16:13:58 00059133868TRLO0 LSE
652 366.00  16:15:58 00059134042TRLO0 LSE
4 366.00  16:15:58 00059134043TRLO0 LSE
734 366.00  16:15:58 00059134044TRLO0 LSE
630 366.00  16:18:58 00059134373TRLO0 LSE
202 366.00  16:18:58 00059134374TRLO0 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