Redde Northgate Plc - Transaction in Own Shares

PR Newswire

10 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 9 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 :  70,000
Weighted average purchase price paid :  379.5716 pence per share
Highest purchase price paid :  382.5 pence per share
Lowest purchase price paid :  376 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 4,064,210 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 242,027,213, 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 9 June 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
320 377.50  08:12:13 00059333065TRLO0 LSE
504 376.50  08:15:01 00059333132TRLO0 LSE
986 376.50  08:15:01 00059333131TRLO0 LSE
1089 376.00  08:29:14 00059333538TRLO0 LSE
499 376.00  08:29:14 00059333537TRLO0 LSE
1289 377.00  09:27:46 00059335327TRLO0 LSE
1698 379.50  09:52:00 00059336063TRLO0 LSE
500 379.50  09:59:43 00059336380TRLO0 LSE
796 379.50  09:59:43 00059336381TRLO0 LSE
1434 379.50  09:59:43 00059336382TRLO0 LSE
852 379.50  09:59:43 00059336383TRLO0 LSE
56 379.50  09:59:43 00059336384TRLO0 LSE
1824 379.50  09:59:43 00059336385TRLO0 LSE
920 378.00  10:14:49 00059336811TRLO0 LSE
500 378.00  10:14:49 00059336810TRLO0 LSE
803 377.50  10:29:23 00059337198TRLO0 LSE
540 377.50  10:29:23 00059337197TRLO0 LSE
1551 377.50  10:29:23 00059337199TRLO0 LSE
401 377.50  11:17:02 00059338396TRLO0 LSE
500 377.50  11:17:02 00059338395TRLO0 LSE
500 379.50  11:34:55 00059338906TRLO0 LSE
744 379.50  11:34:55 00059338907TRLO0 LSE
500 379.50  11:34:55 00059338908TRLO0 LSE
368 379.50  11:34:55 00059338909TRLO0 LSE
1516 379.00  11:37:29 00059338982TRLO0 LSE
500 379.00  11:37:29 00059338983TRLO0 LSE
500 380.00  12:00:00 00059339571TRLO0 LSE
2049 380.00  12:00:00 00059339572TRLO0 LSE
500 380.00  12:00:00 00059339573TRLO0 LSE
2173 380.00  12:00:00 00059339574TRLO0 LSE
358 379.50  12:00:00 00059339576TRLO0 LSE
1095 379.50  12:00:00 00059339577TRLO0 LSE
500 380.00  12:34:03 00059340921TRLO0 LSE
863 380.00  12:34:03 00059340922TRLO0 LSE
500 380.50  12:44:59 00059341131TRLO0 LSE
1100 380.50  12:44:59 00059341132TRLO0 LSE
500 380.50  12:45:33 00059341186TRLO0 LSE
223 380.50  12:45:33 00059341187TRLO0 LSE
500 380.50  12:45:36 00059341190TRLO0 LSE
500 380.50  12:45:36 00059341191TRLO0 LSE
88 381.00  12:46:40 00059341352TRLO0 LSE
1417 381.00  12:46:40 00059341353TRLO0 LSE
238 380.50  13:08:46 00059342118TRLO0 LSE
1267 380.50  13:08:46 00059342117TRLO0 LSE
1580 382.00  13:31:43 00059343200TRLO0 LSE
76 382.50  13:32:53 00059343282TRLO0 LSE
302 382.50  13:32:53 00059343283TRLO0 LSE
490 382.50  13:32:53 00059343284TRLO0 LSE
1442 382.00  13:33:25 00059343299TRLO0 LSE
154 382.00  13:33:25 00059343298TRLO0 LSE
301 381.50  13:35:04 00059343415TRLO0 LSE
1000 381.50  13:35:04 00059343414TRLO0 LSE
662 381.00  13:35:09 00059343421TRLO0 LSE
831 381.00  13:35:09 00059343422TRLO0 LSE
1301 381.00  13:52:17 00059344335TRLO0 LSE
54 381.00  13:52:17 00059344336TRLO0 LSE
162 381.50  14:01:53 00059344951TRLO0 LSE
20 381.50  14:01:53 00059344950TRLO0 LSE
232 381.50  14:01:53 00059344949TRLO0 LSE
500 381.50  14:02:03 00059344963TRLO0 LSE
234 381.50  14:02:23 00059344974TRLO0 LSE
500 381.50  14:02:23 00059344973TRLO0 LSE
223 381.50  14:03:23 00059345000TRLO0 LSE
500 381.50  14:03:23 00059344999TRLO0 LSE
500 381.50  14:07:23 00059345209TRLO0 LSE
464 381.50  14:09:53 00059345343TRLO0 LSE
399 381.50  14:09:53 00059345342TRLO0 LSE
500 381.50  14:09:53 00059345341TRLO0 LSE
1526 380.50  14:15:10 00059345782TRLO0 LSE
500 380.50  14:15:10 00059345785TRLO0 LSE
171 380.50  14:15:10 00059345784TRLO0 LSE
454 380.50  14:15:10 00059345783TRLO0 LSE
522 379.50  14:32:21 00059346688TRLO0 LSE
420 379.50  14:32:21 00059346687TRLO0 LSE
245 379.50  14:32:21 00059346686TRLO0 LSE
795 379.50  14:32:21 00059346685TRLO0 LSE
69 379.50  14:32:21 00059346690TRLO0 LSE
1000 379.50  14:32:21 00059346689TRLO0 LSE
514 379.50  14:32:21 00059346693TRLO0 LSE
383 379.50  14:32:21 00059346692TRLO0 LSE
403 379.50  14:32:21 00059346691TRLO0 LSE
143 378.50  14:43:15 00059347509TRLO0 LSE
726 378.50  14:43:15 00059347508TRLO0 LSE
201 378.50  14:43:15 00059347514TRLO0 LSE
696 378.50  14:43:15 00059347513TRLO0 LSE
224 378.50  14:43:15 00059347512TRLO0 LSE
341 378.50  14:43:15 00059347511TRLO0 LSE
476 378.50  14:43:15 00059347510TRLO0 LSE
135 377.50  14:43:17 00059347517TRLO0 LSE
930 378.00  14:54:36 00059348118TRLO0 LSE
592 378.00  14:54:36 00059348117TRLO0 LSE
299 379.50  15:06:00 00059348626TRLO0 LSE
1257 379.50  15:06:00 00059348625TRLO0 LSE
1483 379.50  15:06:00 00059348624TRLO0 LSE
400 379.50  15:06:00 00059348627TRLO0 LSE
1029 379.50  15:06:00 00059348628TRLO0 LSE
338 379.50  15:25:10 00059349724TRLO0 LSE
712 379.50  15:25:20 00059349759TRLO0 LSE
367 379.50  15:25:20 00059349758TRLO0 LSE
997 379.50  15:32:33 00059350127TRLO0 LSE
274 379.50  15:32:33 00059350126TRLO0 LSE
762 378.50  15:43:43 00059351021TRLO0 LSE
363 378.50  15:43:43 00059351023TRLO0 LSE
350 378.50  15:43:43 00059351022TRLO0 LSE
714 378.50  16:03:03 00059353148TRLO0 LSE
132 378.50  16:03:03 00059353147TRLO0 LSE
473 378.00  16:03:21 00059353179TRLO0 LSE
331 378.00  16:03:21 00059353178TRLO0 LSE
265 378.00  16:12:36 00059354243TRLO0 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