Redde Northgate Plc - Transaction in Own Shares

PR Newswire

15 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 14 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 :  80,000
Weighted average purchase price paid :  356.7859 pence per share
Highest purchase price paid :  361 pence per share
Lowest purchase price paid :  351.5 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 4,351,210 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 241,740,213, 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 14 June 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
330 361.00  08:09:11 00059420615TRLO0 LSE
859 361.00  08:13:02 00059420797TRLO0 LSE
723 361.00  08:13:02 00059420796TRLO0 LSE
295 360.00  08:23:00 00059421382TRLO0 LSE
1238 360.00  08:23:00 00059421383TRLO0 LSE
1307 359.50  09:02:24 00059423193TRLO0 LSE
225 359.50  09:02:24 00059423192TRLO0 LSE
336 360.50  09:36:04 00059424602TRLO0 LSE
822 360.50  09:36:04 00059424601TRLO0 LSE
155 360.50  09:36:04 00059424604TRLO0 LSE
111 360.50  09:36:04 00059424603TRLO0 LSE
1049 360.00  09:37:02 00059424633TRLO0 LSE
469 360.00  09:37:02 00059424632TRLO0 LSE
866 359.50  09:40:48 00059424919TRLO0 LSE
692 359.50  09:40:48 00059424920TRLO0 LSE
795 358.50  09:59:02 00059425920TRLO0 LSE
751 358.50  09:59:02 00059425919TRLO0 LSE
1478 358.00  10:04:30 00059426192TRLO0 LSE
1098 357.50  10:05:14 00059426229TRLO0 LSE
496 357.50  10:05:14 00059426228TRLO0 LSE
840 357.00  10:26:47 00059427509TRLO0 LSE
637 357.00  10:26:47 00059427508TRLO0 LSE
1106 356.00  10:44:15 00059428385TRLO0 LSE
419 356.00  10:44:15 00059428384TRLO0 LSE
607 356.00  11:10:02 00059429858TRLO0 LSE
808 356.00  11:10:02 00059429857TRLO0 LSE
656 353.50  11:26:59 00059431172TRLO0 LSE
415 353.50  11:26:59 00059431171TRLO0 LSE
359 353.50  11:26:59 00059431170TRLO0 LSE
1516 352.50  11:30:36 00059431600TRLO0 LSE
61 352.00  11:31:24 00059431829TRLO0 LSE
967 352.00  11:31:24 00059431831TRLO0 LSE
549 352.00  11:31:24 00059431830TRLO0 LSE
158 351.50  11:59:31 00059433083TRLO0 LSE
866 351.50  11:59:31 00059433082TRLO0 LSE
434 351.50  11:59:31 00059433081TRLO0 LSE
650 354.00  12:20:09 00059434114TRLO0 LSE
807 354.00  12:20:09 00059434115TRLO0 LSE
112 354.00  12:21:25 00059434300TRLO0 LSE
484 354.00  12:23:31 00059434430TRLO0 LSE
843 354.00  12:23:31 00059434431TRLO0 LSE
1 354.00  12:31:02 00059434856TRLO0 LSE
1570 354.00  12:31:02 00059434857TRLO0 LSE
1158 353.50  12:31:41 00059434907TRLO0 LSE
217 353.50  12:31:41 00059434906TRLO0 LSE
810 354.00  12:56:46 00059436189TRLO0 LSE
672 354.00  12:56:48 00059436190TRLO0 LSE
541 355.00  13:04:02 00059438027TRLO0 LSE
866 355.00  13:04:02 00059438026TRLO0 LSE
164 355.00  13:04:02 00059438025TRLO0 LSE
38 355.00  13:16:11 00059440092TRLO0 LSE
300 355.00  13:16:11 00059440091TRLO0 LSE
1300 355.00  13:16:11 00059440090TRLO0 LSE
224 355.00  13:30:27 00059441140TRLO0 LSE
300 355.00  13:30:27 00059441142TRLO0 LSE
300 355.00  13:30:27 00059441141TRLO0 LSE
500 355.00  13:30:27 00059441148TRLO0 LSE
200 355.50  13:39:15 00059441536TRLO0 LSE
1473 356.50  13:42:46 00059441835TRLO0 LSE
84 356.50  13:42:46 00059441834TRLO0 LSE
500 356.50  13:42:46 00059441836TRLO0 LSE
3 356.50  13:48:46 00059442149TRLO0 LSE
300 356.50  13:48:46 00059442148TRLO0 LSE
600 356.50  13:48:46 00059442147TRLO0 LSE
180 356.50  13:48:46 00059442146TRLO0 LSE
252 356.50  13:48:46 00059442145TRLO0 LSE
85 356.50  13:59:07 00059442711TRLO0 LSE
1226 356.50  14:00:02 00059442752TRLO0 LSE
130 356.50  14:00:02 00059442751TRLO0 LSE
940 356.50  14:00:02 00059442750TRLO0 LSE
349 356.50  14:00:02 00059442749TRLO0 LSE
690 357.00  14:17:15 00059443562TRLO0 LSE
12 357.00  14:17:15 00059443561TRLO0 LSE
388 357.00  14:17:15 00059443560TRLO0 LSE
106 357.00  14:17:15 00059443559TRLO0 LSE
1360 357.50  14:24:02 00059443955TRLO0 LSE
97 357.50  14:29:02 00059444165TRLO0 LSE
354 357.50  14:29:02 00059444164TRLO0 LSE
871 357.50  14:29:02 00059444166TRLO0 LSE
889 357.50  14:32:02 00059444527TRLO0 LSE
600 357.50  14:32:02 00059444526TRLO0 LSE
64 358.00  14:37:29 00059445057TRLO0 LSE
300 358.00  14:37:29 00059445056TRLO0 LSE
579 358.00  14:37:29 00059445055TRLO0 LSE
579 358.00  14:37:29 00059445054TRLO0 LSE
1324 357.50  14:40:09 00059445309TRLO0 LSE
1333 357.50  14:40:09 00059445308TRLO0 LSE
1541 357.00  14:45:02 00059445863TRLO0 LSE
630 358.00  14:56:02 00059446792TRLO0 LSE
919 358.00  14:56:02 00059446791TRLO0 LSE
607 357.50  14:58:23 00059447000TRLO0 LSE
957 357.50  15:03:15 00059447501TRLO0 LSE
919 358.00  15:04:55 00059447702TRLO0 LSE
500 358.00  15:04:55 00059447701TRLO0 LSE
908 357.50  15:08:51 00059448032TRLO0 LSE
412 357.50  15:08:51 00059448031TRLO0 LSE
1567 357.00  15:19:34 00059448870TRLO0 LSE
1321 357.00  15:19:34 00059448869TRLO0 LSE
571 356.50  15:30:40 00059450193TRLO0 LSE
805 356.50  15:30:40 00059450192TRLO0 LSE
1376 356.00  15:31:02 00059450209TRLO0 LSE
500 357.00  15:42:15 00059451164TRLO0 LSE
280 357.00  15:42:15 00059451163TRLO0 LSE
407 357.00  15:42:15 00059451162TRLO0 LSE
318 356.50  15:43:08 00059451334TRLO0 LSE
1222 356.50  15:43:08 00059451333TRLO0 LSE
162 356.50  15:43:08 00059451335TRLO0 LSE
47 356.50  15:43:08 00059451336TRLO0 LSE
500 358.00  15:56:05 00059452576TRLO0 LSE
500 358.00  15:56:05 00059452577TRLO0 LSE
89 358.00  15:56:05 00059452581TRLO0 LSE
600 358.00  15:56:05 00059452580TRLO0 LSE
668 358.00  15:56:05 00059452579TRLO0 LSE
600 358.00  15:56:05 00059452578TRLO0 LSE
422 358.00  15:56:20 00059452616TRLO0 LSE
1162 358.00  15:56:20 00059452617TRLO0 LSE
249 357.50  15:58:08 00059452749TRLO0 LSE
164 357.50  15:58:08 00059452750TRLO0 LSE
992 357.50  16:00:13 00059452927TRLO0 LSE
156 357.50  16:01:09 00059453073TRLO0 LSE
1133 358.00  16:06:30 00059453714TRLO0 LSE
279 358.00  16:06:42 00059453765TRLO0 LSE
412 357.50  16:07:53 00059453902TRLO0 LSE
878 357.50  16:08:02 00059453917TRLO0 LSE
62 357.50  16:08:02 00059453918TRLO0 LSE
71 357.50  16:08:02 00059453919TRLO0 LSE
108 357.50  16:11:28 00059454268TRLO0 LSE
164 357.50  16:11:28 00059454269TRLO0 LSE
267 357.50  16:11:28 00059454270TRLO0 LSE
518 357.50  16:11:31 00059454286TRLO0 LSE
168 357.50  16:11:32 00059454287TRLO0 LSE
113 357.50  16:14:20 00059454576TRLO0 LSE
346 357.00  16:15:13 00059454676TRLO0 LSE
164 357.00  16:15:15 00059454687TRLO0 LSE
383 357.00  16:15:32 00059454730TRLO0 LSE
179 357.00  16:15:32 00059454731TRLO0 LSE
466 357.00  16:15:56 00059454769TRLO0 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