Redde Northgate Plc - Transaction in Own Shares

PR Newswire

1 June 2022

REDDE NORTHGATE PLC

(“Redde Northgate” or the “Group” or the “Company”)

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 31 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 :  379.3438 pence per share
Highest purchase price paid :  381.5 pence per share
Lowest purchase price paid :  376.5 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 3,734,210 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 242,357,213, 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 31 May 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
652 380.50  08:16:30 00059215646TRLO0 LSE
1229 380.50  08:16:30 00059215647TRLO0 LSE
1349 380.00  08:20:56 00059215987TRLO0 LSE
1470 380.00  08:20:56 00059215988TRLO0 LSE
400 378.50  08:53:00 00059217494TRLO0 LSE
379 378.50  08:53:00 00059217495TRLO0 LSE
409 378.50  08:59:40 00059217733TRLO0 LSE
538 378.50  09:00:18 00059217748TRLO0 LSE
363 378.50  09:00:18 00059217749TRLO0 LSE
11 380.50  09:07:13 00059218025TRLO0 LSE
154 380.50  09:07:13 00059218026TRLO0 LSE
44 380.50  09:07:13 00059218027TRLO0 LSE
1160 380.50  09:07:13 00059218028TRLO0 LSE
2825 381.00  09:25:16 00059218541TRLO0 LSE
28 380.50  09:25:17 00059218542TRLO0 LSE
27 380.50  09:25:18 00059218543TRLO0 LSE
27 380.50  09:25:18 00059218544TRLO0 LSE
28 380.50  09:30:19 00059218655TRLO0 LSE
460 380.50  09:40:30 00059218970TRLO0 LSE
669 381.50  09:43:43 00059219022TRLO0 LSE
276 381.50  09:43:43 00059219023TRLO0 LSE
93 381.50  09:43:43 00059219024TRLO0 LSE
462 381.50  09:43:43 00059219025TRLO0 LSE
500 381.00  09:51:40 00059219206TRLO0 LSE
966 381.00  09:51:40 00059219207TRLO0 LSE
356 380.50  09:52:12 00059219225TRLO0 LSE
484 380.50  09:52:12 00059219226TRLO0 LSE
1203 380.50  09:52:12 00059219227TRLO0 LSE
369 380.50  09:52:12 00059219228TRLO0 LSE
85 379.00  10:13:13 00059219763TRLO0 LSE
1219 379.00  10:13:13 00059219764TRLO0 LSE
140 378.00  10:14:38 00059219825TRLO0 LSE
1 378.00  10:14:47 00059219843TRLO0 LSE
408 378.00  10:15:45 00059219891TRLO0 LSE
438 378.00  10:15:45 00059219892TRLO0 LSE
582 378.00  10:15:45 00059219893TRLO0 LSE
1000 377.50  10:30:10 00059220412TRLO0 LSE
177 377.50  10:30:11 00059220413TRLO0 LSE
1476 378.50  10:41:19 00059220968TRLO0 LSE
1552 378.00  11:01:13 00059221941TRLO0 LSE
1478 377.50  11:01:15 00059221945TRLO0 LSE
431 376.50  11:17:07 00059222586TRLO0 LSE
822 378.50  11:44:00 00059223226TRLO0 LSE
270 378.50  11:44:00 00059223227TRLO0 LSE
147 378.50  11:44:35 00059223239TRLO0 LSE
224 378.50  11:46:06 00059223330TRLO0 LSE
147 378.00  11:51:08 00059223482TRLO0 LSE
1316 378.00  11:51:08 00059223483TRLO0 LSE
464 378.00  12:03:06 00059223849TRLO0 LSE
132 379.00  12:16:10 00059224208TRLO0 LSE
132 379.00  12:16:20 00059224210TRLO0 LSE
1275 379.00  12:16:20 00059224211TRLO0 LSE
1412 378.50  12:21:52 00059224326TRLO0 LSE
133 378.50  12:41:30 00059224809TRLO0 LSE
1375 378.50  12:41:30 00059224810TRLO0 LSE
32 379.00  12:56:12 00059225067TRLO0 LSE
1483 379.00  12:56:12 00059225068TRLO0 LSE
500 379.00  13:08:03 00059225353TRLO0 LSE
396 379.00  13:08:03 00059225354TRLO0 LSE
278 379.00  13:08:06 00059225355TRLO0 LSE
103 379.00  13:08:06 00059225356TRLO0 LSE
119 379.00  13:08:37 00059225380TRLO0 LSE
350 379.00  13:21:59 00059225637TRLO0 LSE
29 379.00  13:22:12 00059225641TRLO0 LSE
304 379.50  13:22:49 00059225658TRLO0 LSE
424 380.00  13:28:09 00059225736TRLO0 LSE
401 380.00  13:31:46 00059225926TRLO0 LSE
1055 380.00  13:34:45 00059225988TRLO0 LSE
1000 380.00  13:40:54 00059226180TRLO0 LSE
476 380.00  13:40:54 00059226181TRLO0 LSE
657 379.50  13:41:32 00059226197TRLO0 LSE
155 380.00  13:55:51 00059226669TRLO0 LSE
546 380.00  13:55:51 00059226670TRLO0 LSE
197 380.00  13:55:51 00059226671TRLO0 LSE
451 380.00  13:55:52 00059226672TRLO0 LSE
799 379.50  13:57:31 00059226722TRLO0 LSE
1555 379.50  13:57:31 00059226723TRLO0 LSE
1395 379.00  14:06:15 00059226985TRLO0 LSE
412 379.50  14:26:59 00059227714TRLO0 LSE
455 379.50  14:27:39 00059227753TRLO0 LSE
85 379.50  14:27:42 00059227758TRLO0 LSE
1103 380.00  14:32:06 00059228030TRLO0 LSE
451 380.00  14:32:06 00059228031TRLO0 LSE
418 379.50  14:33:39 00059228194TRLO0 LSE
1193 379.50  14:33:39 00059228195TRLO0 LSE
638 379.50  14:42:15 00059229332TRLO0 LSE
500 379.50  14:42:15 00059229333TRLO0 LSE
376 379.50  14:42:15 00059229334TRLO0 LSE
800 379.50  14:47:15 00059229705TRLO0 LSE
400 379.50  14:47:15 00059229706TRLO0 LSE
62 379.00  14:47:16 00059229707TRLO0 LSE
1585 380.00  14:56:05 00059230206TRLO0 LSE
1402 379.50  14:56:18 00059230216TRLO0 LSE
1398 379.50  14:59:51 00059230334TRLO0 LSE
216 379.50  15:03:38 00059230510TRLO0 LSE
1091 379.50  15:03:38 00059230511TRLO0 LSE
400 378.50  15:16:19 00059231265TRLO0 LSE
559 378.50  15:16:19 00059231266TRLO0 LSE
500 379.50  15:23:24 00059231661TRLO0 LSE
500 379.50  15:23:24 00059231662TRLO0 LSE
552 379.50  15:23:24 00059231663TRLO0 LSE
307 380.00  15:29:19 00059231916TRLO0 LSE
2 380.00  15:29:19 00059231917TRLO0 LSE
3 380.00  15:29:19 00059231918TRLO0 LSE
246 380.00  15:29:19 00059231919TRLO0 LSE
400 380.00  15:29:19 00059231920TRLO0 LSE
84 380.00  15:29:19 00059231921TRLO0 LSE
500 379.50  15:30:14 00059231963TRLO0 LSE
500 379.50  15:30:14 00059231964TRLO0 LSE
500 379.50  15:30:14 00059231965TRLO0 LSE
53 379.50  15:30:14 00059231966TRLO0 LSE
856 379.50  15:34:53 00059232240TRLO0 LSE
745 379.50  15:34:55 00059232241TRLO0 LSE
300 379.50  15:41:15 00059232502TRLO0 LSE
247 379.50  15:41:15 00059232503TRLO0 LSE
400 379.50  15:41:15 00059232504TRLO0 LSE
99 379.50  15:41:15 00059232505TRLO0 LSE
334 379.50  15:51:20 00059233248TRLO0 LSE
961 379.50  15:51:20 00059233249TRLO0 LSE
400 379.50  15:54:05 00059233386TRLO0 LSE
92 379.50  15:55:18 00059233425TRLO0 LSE
169 379.50  15:55:18 00059233426TRLO0 LSE
254 379.50  15:55:18 00059233427TRLO0 LSE
757 379.50  15:55:18 00059233428TRLO0 LSE
385 378.50  16:05:37 00059234060TRLO0 LSE
176 378.50  16:05:54 00059234068TRLO0 LSE
1833 378.50  16:08:10 00059234220TRLO0 LSE
400 378.50  16:10:19 00059234331TRLO0 LSE
119 378.00  16:13:02 00059234460TRLO0 LSE
112 378.00  16:13:02 00059234461TRLO0 LSE
30 378.00  16:13:02 00059234462TRLO0 LSE
17 378.00  16:13:02 00059234463TRLO0 LSE
1372 378.00  16:13:07 00059234472TRLO0 LSE
147 377.50  16:15:13 00059234663TRLO0 LSE
162 377.50  16:17:05 00059234809TRLO0 LSE
53 378.50  16:20:39 00059235103TRLO0 LSE
417 378.50  16:20:39 00059235104TRLO0 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