Redde Northgate Plc - Transaction in Own Shares

PR Newswire

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 10 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 :  87,000
Weighted average purchase price paid :  372.0492 pence per share
Highest purchase price paid :  376 pence per share
Lowest purchase price paid :  365 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 4,151,210 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 241,940,213, 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 10 June 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
306 375.00  08:09:43 00059357380TRLO0 LSE
1000 375.00  08:09:43 00059357379TRLO0 LSE
250 375.00  08:09:43 00059357378TRLO0 LSE
362 374.50  08:15:00 00059357472TRLO0 LSE
500 374.50  08:15:00 00059357471TRLO0 LSE
500 374.50  08:15:00 00059357470TRLO0 LSE
278 374.50  08:15:00 00059357469TRLO0 LSE
448 374.50  08:15:00 00059357468TRLO0 LSE
937 375.50  08:23:36 00059357918TRLO0 LSE
231 375.50  08:23:36 00059357917TRLO0 LSE
155 375.50  08:23:36 00059357916TRLO0 LSE
500 376.00  08:23:36 00059357919TRLO0 LSE
1408 374.50  08:54:41 00059359279TRLO0 LSE
75 374.50  09:05:37 00059359766TRLO0 LSE
1392 374.50  09:53:25 00059361656TRLO0 LSE
1374 374.00  09:53:25 00059361658TRLO0 LSE
107 374.00  09:53:25 00059361657TRLO0 LSE
1095 373.50  09:54:03 00059361729TRLO0 LSE
461 373.50  09:54:03 00059361728TRLO0 LSE
500 372.50  10:22:31 00059362694TRLO0 LSE
449 371.50  10:40:13 00059363292TRLO0 LSE
462 371.50  11:04:40 00059364148TRLO0 LSE
7000 372.00  11:05:17 00059364164TRLO0 LSE
166 372.50  11:27:40 00059364866TRLO0 LSE
130 373.50  11:30:02 00059364914TRLO0 LSE
362 373.50  11:30:02 00059364915TRLO0 LSE
821 373.50  11:30:02 00059364923TRLO0 LSE
662 373.50  11:30:02 00059364922TRLO0 LSE
2574 373.50  11:30:02 00059364921TRLO0 LSE
142 373.50  11:30:02 00059364920TRLO0 LSE
9 373.50  11:30:02 00059364924TRLO0 LSE
500 374.50  12:16:08 00059366454TRLO0 LSE
4534 374.50  12:16:08 00059366455TRLO0 LSE
635 374.50  12:16:08 00059366457TRLO0 LSE
923 374.50  12:16:08 00059366456TRLO0 LSE
1819 374.00  12:30:08 00059366944TRLO0 LSE
43 374.50  12:30:08 00059366948TRLO0 LSE
480 374.50  12:30:08 00059366947TRLO0 LSE
459 374.50  12:30:08 00059366946TRLO0 LSE
500 374.50  12:30:08 00059366945TRLO0 LSE
736 373.00  12:59:53 00059368134TRLO0 LSE
14 373.00  12:59:53 00059368133TRLO0 LSE
594 373.00  12:59:53 00059368132TRLO0 LSE
1347 375.00  13:27:10 00059369196TRLO0 LSE
187 375.00  13:29:16 00059369271TRLO0 LSE
1300 375.00  13:29:16 00059369270TRLO0 LSE
762 374.50  13:30:01 00059369370TRLO0 LSE
77 374.50  13:30:04 00059369436TRLO0 LSE
1000 374.50  13:30:04 00059369435TRLO0 LSE
250 374.50  13:30:04 00059369434TRLO0 LSE
82 374.50  13:30:04 00059369433TRLO0 LSE
580 374.50  13:30:04 00059369432TRLO0 LSE
52 373.50  13:30:06 00059369510TRLO0 LSE
410 373.50  13:30:06 00059369509TRLO0 LSE
984 373.50  13:30:07 00059369517TRLO0 LSE
524 372.50  13:34:09 00059370070TRLO0 LSE
869 372.50  13:34:09 00059370069TRLO0 LSE
770 372.50  13:34:09 00059370072TRLO0 LSE
500 372.50  13:34:09 00059370071TRLO0 LSE
250 373.00  13:50:07 00059371190TRLO0 LSE
500 373.00  13:50:07 00059371189TRLO0 LSE
500 373.00  13:50:07 00059371188TRLO0 LSE
27 373.00  13:50:07 00059371187TRLO0 LSE
6 373.00  13:50:07 00059371191TRLO0 LSE
1511 373.00  13:59:31 00059371674TRLO0 LSE
1760 372.50  14:06:11 00059372111TRLO0 LSE
130 372.00  14:06:13 00059372120TRLO0 LSE
208 372.00  14:06:13 00059372119TRLO0 LSE
201 372.00  14:06:13 00059372121TRLO0 LSE
920 373.00  14:23:11 00059373283TRLO0 LSE
501 373.00  14:23:11 00059373284TRLO0 LSE
1463 373.50  14:27:28 00059373565TRLO0 LSE
66 373.50  14:27:28 00059373564TRLO0 LSE
942 373.50  14:31:35 00059374165TRLO0 LSE
564 373.50  14:31:35 00059374166TRLO0 LSE
1309 373.00  14:34:45 00059374454TRLO0 LSE
351 373.00  14:34:45 00059374453TRLO0 LSE
414 373.00  14:34:45 00059374452TRLO0 LSE
555 373.00  14:34:45 00059374451TRLO0 LSE
72 373.00  14:34:45 00059374456TRLO0 LSE
500 373.00  14:34:45 00059374455TRLO0 LSE
489 373.00  14:46:12 00059375383TRLO0 LSE
858 373.00  14:46:12 00059375384TRLO0 LSE
73 373.00  14:46:17 00059375386TRLO0 LSE
500 373.00  14:47:02 00059375479TRLO0 LSE
234 373.00  14:47:02 00059375481TRLO0 LSE
500 373.00  14:47:02 00059375480TRLO0 LSE
500 373.00  14:47:02 00059375482TRLO0 LSE
500 373.00  14:47:02 00059375483TRLO0 LSE
354 371.00  14:57:46 00059376522TRLO0 LSE
247 371.00  15:01:12 00059376783TRLO0 LSE
500 371.00  15:01:12 00059376782TRLO0 LSE
61 371.00  15:01:12 00059376781TRLO0 LSE
454 371.00  15:01:12 00059376780TRLO0 LSE
17 371.00  15:01:12 00059376779TRLO0 LSE
192 371.00  15:01:12 00059376778TRLO0 LSE
250 371.00  15:01:12 00059376777TRLO0 LSE
702 371.00  15:01:12 00059376776TRLO0 LSE
700 371.00  15:01:12 00059376784TRLO0 LSE
160 371.00  15:01:12 00059376785TRLO0 LSE
334 371.00  15:01:12 00059376786TRLO0 LSE
172 371.00  15:01:12 00059376787TRLO0 LSE
474 370.00  15:09:25 00059377596TRLO0 LSE
29 370.00  15:10:06 00059377648TRLO0 LSE
1013 370.00  15:11:32 00059377816TRLO0 LSE
1478 369.00  15:19:27 00059378529TRLO0 LSE
444 368.50  15:23:14 00059378833TRLO0 LSE
433 368.50  15:28:05 00059379163TRLO0 LSE
488 368.50  15:29:42 00059379224TRLO0 LSE
1037 368.50  15:29:42 00059379223TRLO0 LSE
753 368.50  15:29:42 00059379222TRLO0 LSE
1024 368.50  15:29:43 00059379225TRLO0 LSE
435 368.50  15:29:43 00059379226TRLO0 LSE
60 368.50  15:29:43 00059379228TRLO0 LSE
463 368.50  15:30:00 00059379272TRLO0 LSE
1268 369.00  15:43:24 00059380428TRLO0 LSE
1479 369.50  15:43:24 00059380427TRLO0 LSE
1135 368.00  15:43:32 00059380437TRLO0 LSE
133 368.00  15:44:25 00059380577TRLO0 LSE
72 368.00  15:44:36 00059380592TRLO0 LSE
64 368.00  15:44:36 00059380591TRLO0 LSE
1468 368.00  15:46:07 00059380731TRLO0 LSE
350 367.00  15:52:02 00059381217TRLO0 LSE
284 367.00  15:52:02 00059381218TRLO0 LSE
346 367.00  15:52:23 00059381250TRLO0 LSE
406 367.00  15:52:23 00059381249TRLO0 LSE
1312 366.50  15:58:48 00059381990TRLO0 LSE
391 365.50  16:12:44 00059383492TRLO0 LSE
1423 365.50  16:14:48 00059383651TRLO0 LSE
1091 365.50  16:14:48 00059383650TRLO0 LSE
31 365.00  16:14:48 00059383654TRLO0 LSE
255 365.00  16:14:48 00059383657TRLO0 LSE
228 365.00  16:14:50 00059383658TRLO0 LSE
622 365.00  16:14:50 00059383659TRLO0 LSE
255 365.00  16:15:17 00059383713TRLO0 LSE
122 365.00  16:15:22 00059383723TRLO0 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