Redde Northgate Plc - Transaction in Own Shares

PR Newswire

9 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 8 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 :  75,000
Weighted average purchase price paid :  379.9599 pence per share
Highest purchase price paid :  383 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 3,994,210 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 242,097,213, 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 8 June 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
1000 383.00  08:21:09 00059310876TRLO0 LSE
280 383.00  08:21:09 00059310875TRLO0 LSE
250 383.00  08:21:09 00059310874TRLO0 LSE
611 383.00  08:31:47 00059311078TRLO0 LSE
825 383.00  08:31:47 00059311077TRLO0 LSE
1265 382.50  08:50:34 00059311514TRLO0 LSE
206 382.50  08:50:34 00059311513TRLO0 LSE
1474 382.00  09:02:06 00059311919TRLO0 LSE
1522 381.00  09:02:52 00059311937TRLO0 LSE
500 381.00  09:02:52 00059311936TRLO0 LSE
2392 382.00  09:02:55 00059311945TRLO0 LSE
27 383.00  09:03:22 00059311959TRLO0 LSE
894 383.00  09:03:22 00059311960TRLO0 LSE
557 383.00  09:03:22 00059311961TRLO0 LSE
894 383.00  09:04:02 00059311987TRLO0 LSE
711 383.00  09:04:02 00059311988TRLO0 LSE
276 383.00  09:11:02 00059312145TRLO0 LSE
1036 383.00  09:11:02 00059312146TRLO0 LSE
114 383.00  09:11:02 00059312147TRLO0 LSE
40 382.50  09:29:29 00059312709TRLO0 LSE
1749 382.50  09:29:29 00059312710TRLO0 LSE
28 382.00  09:29:33 00059312712TRLO0 LSE
325 382.00  09:30:02 00059312719TRLO0 LSE
1204 382.00  09:31:15 00059312744TRLO0 LSE
446 382.00  10:01:56 00059313570TRLO0 LSE
445 382.00  10:23:38 00059314265TRLO0 LSE
434 382.00  10:38:50 00059314682TRLO0 LSE
308 383.00  10:42:20 00059314850TRLO0 LSE
382 383.00  10:42:20 00059314851TRLO0 LSE
849 383.00  10:42:20 00059314852TRLO0 LSE
1013 383.00  10:42:42 00059314867TRLO0 LSE
563 383.00  10:42:42 00059314868TRLO0 LSE
1449 383.00  11:04:42 00059315472TRLO0 LSE
1373 382.50  11:06:02 00059315553TRLO0 LSE
1254 382.00  11:06:59 00059315574TRLO0 LSE
60 382.00  11:06:59 00059315573TRLO0 LSE
70 382.00  11:06:59 00059315572TRLO0 LSE
500 381.50  11:11:42 00059315721TRLO0 LSE
67 381.00  11:30:00 00059316106TRLO0 LSE
1500 381.00  11:30:00 00059316105TRLO0 LSE
944 380.00  11:32:45 00059316191TRLO0 LSE
250 380.00  11:32:45 00059316190TRLO0 LSE
223 380.00  11:32:45 00059316189TRLO0 LSE
126 379.50  11:32:47 00059316192TRLO0 LSE
35 379.50  11:33:11 00059316198TRLO0 LSE
1228 379.50  11:34:15 00059316233TRLO0 LSE
98 379.50  11:34:15 00059316232TRLO0 LSE
449 378.00  12:14:59 00059317795TRLO0 LSE
291 378.50  12:48:50 00059318405TRLO0 LSE
94 378.50  12:54:42 00059318474TRLO0 LSE
1278 378.50  12:54:42 00059318473TRLO0 LSE
722 378.50  12:54:42 00059318472TRLO0 LSE
263 378.50  12:54:42 00059318471TRLO0 LSE
117 378.50  12:54:42 00059318470TRLO0 LSE
433 378.50  12:54:42 00059318476TRLO0 LSE
433 378.50  12:54:42 00059318475TRLO0 LSE
1472 378.00  13:25:59 00059319097TRLO0 LSE
463 378.00  13:25:59 00059319096TRLO0 LSE
921 378.00  13:25:59 00059319095TRLO0 LSE
477 378.00  13:25:59 00059319099TRLO0 LSE
500 378.00  13:25:59 00059319098TRLO0 LSE
500 378.00  13:25:59 00059319100TRLO0 LSE
1551 378.00  13:25:59 00059319101TRLO0 LSE
1305 377.00  13:58:13 00059319978TRLO0 LSE
393 377.00  13:59:48 00059320012TRLO0 LSE
39 377.00  13:59:48 00059320018TRLO0 LSE
105 377.00  13:59:48 00059320017TRLO0 LSE
33 377.00  13:59:48 00059320016TRLO0 LSE
83 377.00  13:59:48 00059320015TRLO0 LSE
346 377.00  13:59:48 00059320014TRLO0 LSE
258 377.00  13:59:48 00059320013TRLO0 LSE
107 377.00  13:59:48 00059320020TRLO0 LSE
173 377.00  13:59:48 00059320019TRLO0 LSE
417 377.50  13:59:48 00059320023TRLO0 LSE
505 377.50  13:59:48 00059320022TRLO0 LSE
500 377.50  13:59:48 00059320021TRLO0 LSE
500 376.50  14:09:38 00059320411TRLO0 LSE
5 377.00  14:28:12 00059321347TRLO0 LSE
1359 377.00  14:32:45 00059321787TRLO0 LSE
50 377.00  14:32:45 00059321786TRLO0 LSE
70 377.00  14:32:45 00059321785TRLO0 LSE
1251 377.00  14:32:45 00059321784TRLO0 LSE
1406 377.50  14:44:24 00059322653TRLO0 LSE
724 377.50  14:44:24 00059322652TRLO0 LSE
741 377.50  14:44:24 00059322651TRLO0 LSE
29 377.50  14:44:24 00059322650TRLO0 LSE
44 379.50  15:00:06 00059323641TRLO0 LSE
159 379.50  15:01:14 00059323778TRLO0 LSE
500 379.50  15:01:14 00059323777TRLO0 LSE
910 379.50  15:01:14 00059323776TRLO0 LSE
590 379.50  15:01:14 00059323775TRLO0 LSE
750 379.50  15:01:14 00059323774TRLO0 LSE
127 379.50  15:01:14 00059323773TRLO0 LSE
1675 379.50  15:01:14 00059323779TRLO0 LSE
183 379.50  15:01:14 00059323780TRLO0 LSE
164 379.00  15:10:05 00059324441TRLO0 LSE
1022 379.00  15:12:05 00059324608TRLO0 LSE
354 379.00  15:12:05 00059324607TRLO0 LSE
500 379.00  15:12:05 00059324609TRLO0 LSE
98 378.00  15:25:05 00059325439TRLO0 LSE
464 378.00  15:29:44 00059325817TRLO0 LSE
450 378.00  15:33:44 00059326128TRLO0 LSE
441 378.00  15:38:23 00059326536TRLO0 LSE
126 378.00  15:42:35 00059327049TRLO0 LSE
1023 378.00  15:49:26 00059327643TRLO0 LSE
50 378.00  15:50:06 00059327699TRLO0 LSE
364 378.00  15:51:26 00059327895TRLO0 LSE
43 378.00  16:01:26 00059328714TRLO0 LSE
453 378.00  16:04:59 00059328977TRLO0 LSE
454 378.00  16:08:14 00059329210TRLO0 LSE
391 378.00  16:08:14 00059329213TRLO0 LSE
1464 378.00  16:08:14 00059329212TRLO0 LSE
385 378.00  16:08:14 00059329211TRLO0 LSE
461 378.00  16:12:02 00059329530TRLO0 LSE
289 379.00  16:13:26 00059329662TRLO0 LSE
255 379.00  16:15:10 00059329864TRLO0 LSE
750 379.50  16:16:23 00059330010TRLO0 LSE
500 379.50  16:16:23 00059330009TRLO0 LSE
477 379.50  16:16:23 00059330013TRLO0 LSE
250 379.50  16:16:23 00059330012TRLO0 LSE
1477 379.50  16:16:23 00059330011TRLO0 LSE
292 379.50  16:16:23 00059330014TRLO0 LSE
1121 379.50  16:16:24 00059330015TRLO0 LSE
1087 379.50  16:16:24 00059330017TRLO0 LSE
184 379.50  16:16:24 00059330016TRLO0 LSE
500 379.50  16:16:24 00059330018TRLO0 LSE
602 379.50  16:16:24 00059330020TRLO0 LSE
500 379.50  16:16:24 00059330019TRLO0 LSE
411 379.00  16:17:32 00059330161TRLO0 LSE
500 379.00  16:17:32 00059330160TRLO0 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