Redde Northgate Plc - Transaction in Own Shares

PR Newswire

8 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 7 June 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 :  85,000
Weighted average purchase price paid :  384.1515 pence per share
Highest purchase price paid :  386 pence per share
Lowest purchase price paid :  381.5 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 3,919,210 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 242,172,213, 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 7 June 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
500 384.00  08:20:12 00059289039TRLO0 LSE
1441 384.00  08:37:19 00059289746TRLO0 LSE
1459 383.00  08:37:19 00059289750TRLO0 LSE
447 384.00  09:24:37 00059291223TRLO0 LSE
494 384.00  09:41:07 00059291785TRLO0 LSE
420 384.00  09:41:07 00059291784TRLO0 LSE
455 384.00  09:41:07 00059291783TRLO0 LSE
1384 384.00  09:41:07 00059291788TRLO0 LSE
334 384.00  09:41:07 00059291787TRLO0 LSE
500 384.00  09:41:07 00059291786TRLO0 LSE
494 384.00  09:41:07 00059291791TRLO0 LSE
500 384.00  09:41:07 00059291790TRLO0 LSE
497 384.00  09:41:07 00059291789TRLO0 LSE
1406 384.50  09:50:09 00059292138TRLO0 LSE
142 384.00  09:51:27 00059292225TRLO0 LSE
500 384.00  09:51:27 00059292224TRLO0 LSE
697 384.00  09:51:27 00059292223TRLO0 LSE
1744 383.50  09:58:11 00059292547TRLO0 LSE
78 383.00  09:58:28 00059292555TRLO0 LSE
1287 383.00  09:58:28 00059292554TRLO0 LSE
269 383.00  10:12:04 00059293316TRLO0 LSE
372 383.00  10:12:04 00059293313TRLO0 LSE
500 383.00  10:12:04 00059293312TRLO0 LSE
408 383.00  10:12:04 00059293311TRLO0 LSE
92 383.00  10:12:04 00059293310TRLO0 LSE
231 383.00  10:12:04 00059293309TRLO0 LSE
1000 383.00  10:12:04 00059293308TRLO0 LSE
277 383.00  10:12:04 00059293307TRLO0 LSE
38 384.50  10:39:45 00059294337TRLO0 LSE
485 384.50  10:39:45 00059294338TRLO0 LSE
524 384.50  10:39:45 00059294339TRLO0 LSE
134 384.50  10:43:21 00059294411TRLO0 LSE
170 384.50  10:43:21 00059294412TRLO0 LSE
189 385.00  10:55:21 00059294665TRLO0 LSE
500 385.00  10:55:21 00059294666TRLO0 LSE
458 385.00  10:55:21 00059294667TRLO0 LSE
25000 384.50  10:59:18 00059294742TRLO0 LSE
323 385.00  11:00:53 00059294778TRLO0 LSE
680 384.00  11:17:31 00059295219TRLO0 LSE
30 384.00  11:21:21 00059295482TRLO0 LSE
660 384.00  11:21:21 00059295481TRLO0 LSE
1311 384.50  11:40:39 00059296090TRLO0 LSE
46 384.50  11:40:39 00059296089TRLO0 LSE
174 384.00  11:59:14 00059296539TRLO0 LSE
1297 384.00  11:59:14 00059296538TRLO0 LSE
871 383.00  12:12:58 00059297321TRLO0 LSE
526 383.00  12:12:58 00059297320TRLO0 LSE
1119 384.50  12:30:08 00059297809TRLO0 LSE
1527 385.00  12:39:26 00059298064TRLO0 LSE
17 385.00  12:42:12 00059298165TRLO0 LSE
489 385.00  12:42:12 00059298182TRLO0 LSE
512 385.00  12:42:12 00059298183TRLO0 LSE
489 385.00  12:42:12 00059298184TRLO0 LSE
35 385.00  12:42:12 00059298185TRLO0 LSE
17 385.50  13:58:28 00059300463TRLO0 LSE
1375 385.50  13:58:28 00059300465TRLO0 LSE
1305 385.50  13:58:28 00059300466TRLO0 LSE
19 385.50  13:58:28 00059300467TRLO0 LSE
425 385.50  13:58:28 00059300468TRLO0 LSE
819 385.50  13:58:28 00059300469TRLO0 LSE
482 385.50  13:58:28 00059300470TRLO0 LSE
500 386.00  13:58:28 00059300471TRLO0 LSE
474 386.00  13:58:28 00059300472TRLO0 LSE
370 384.00  14:14:41 00059301095TRLO0 LSE
1506 384.50  14:32:14 00059301710TRLO0 LSE
726 384.50  14:32:14 00059301709TRLO0 LSE
752 384.50  14:32:14 00059301708TRLO0 LSE
548 384.50  14:38:03 00059301957TRLO0 LSE
23 384.50  14:38:03 00059301956TRLO0 LSE
381 384.50  14:38:03 00059301962TRLO0 LSE
306 384.50  14:39:18 00059302017TRLO0 LSE
15 384.50  14:39:18 00059302016TRLO0 LSE
21 384.50  14:39:18 00059302018TRLO0 LSE
9 384.50  14:39:43 00059302043TRLO0 LSE
75 384.50  14:40:23 00059302067TRLO0 LSE
176 384.50  14:40:23 00059302066TRLO0 LSE
1 384.50  14:42:52 00059302126TRLO0 LSE
1400 384.50  14:42:52 00059302125TRLO0 LSE
1312 383.00  14:56:49 00059302791TRLO0 LSE
131 383.00  14:56:49 00059302790TRLO0 LSE
387 382.50  14:57:16 00059302823TRLO0 LSE
403 382.50  14:57:45 00059302864TRLO0 LSE
116 382.50  14:57:45 00059302863TRLO0 LSE
213 382.50  14:57:45 00059302862TRLO0 LSE
378 382.50  14:57:45 00059302861TRLO0 LSE
251 381.50  15:17:04 00059303777TRLO0 LSE
276 381.50  15:26:26 00059304182TRLO0 LSE
500 383.00  15:36:29 00059304838TRLO0 LSE
500 383.00  15:36:29 00059304839TRLO0 LSE
500 383.00  15:36:29 00059304840TRLO0 LSE
595 383.00  15:36:29 00059304841TRLO0 LSE
875 383.00  15:36:29 00059304842TRLO0 LSE
500 383.00  15:36:31 00059304843TRLO0 LSE
364 383.00  15:40:31 00059305050TRLO0 LSE
500 383.00  15:40:31 00059305049TRLO0 LSE
351 383.00  15:44:31 00059305524TRLO0 LSE
500 383.00  15:44:31 00059305523TRLO0 LSE
359 383.00  15:45:31 00059305615TRLO0 LSE
500 383.00  15:45:31 00059305614TRLO0 LSE
240 383.00  15:45:31 00059305613TRLO0 LSE
873 384.00  15:54:04 00059306451TRLO0 LSE
483 384.00  15:54:04 00059306450TRLO0 LSE
1296 384.00  15:59:04 00059306895TRLO0 LSE
18 384.00  16:04:04 00059307291TRLO0 LSE
1000 384.00  16:04:04 00059307290TRLO0 LSE
443 384.00  16:04:04 00059307289TRLO0 LSE
59 383.50  16:07:07 00059307553TRLO0 LSE
407 383.50  16:09:04 00059307663TRLO0 LSE
301 383.50  16:09:46 00059307700TRLO0 LSE
276 384.50  16:13:46 00059308017TRLO0 LSE
629 384.50  16:15:26 00059308181TRLO0 LSE
259 384.50  16:15:26 00059308180TRLO0 LSE
766 384.50  16:15:26 00059308179TRLO0 LSE
271 384.50  16:15:26 00059308178TRLO0 LSE
384 384.50  16:15:26 00059308183TRLO0 LSE
527 384.50  16:15:26 00059308182TRLO0 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