Redde Northgate Plc - Transaction in Own Shares

PR Newswire

1 July 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 30 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 :  100,000
Weighted average purchase price paid :  334.0659 pence per share
Highest purchase price paid :  337.5 pence per share
Lowest purchase price paid :  331 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 5,422,984 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 240,668,439, 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 30 June 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
500 336.00  08:41:52 00059791950TRLO0 LSE
2104 337.50  08:51:54 00059792230TRLO0 LSE
500 337.00  08:51:55 00059792231TRLO0 LSE
500 337.00  08:51:55 00059792232TRLO0 LSE
1707 336.50  08:52:26 00059792238TRLO0 LSE
1813 336.50  08:54:10 00059792285TRLO0 LSE
117 335.00  08:57:15 00059792392TRLO0 LSE
65 335.00  08:57:15 00059792393TRLO0 LSE
278 335.00  08:57:15 00059792394TRLO0 LSE
663 335.00  08:57:15 00059792395TRLO0 LSE
1743 335.50  09:08:35 00059792753TRLO0 LSE
9 335.50  09:16:40 00059792966TRLO0 LSE
1937 335.50  09:16:40 00059792967TRLO0 LSE
1904 335.00  09:27:44 00059793223TRLO0 LSE
1619 335.00  09:46:14 00059794309TRLO0 LSE
1619 334.50  09:50:02 00059794537TRLO0 LSE
605 334.00  09:58:06 00059794903TRLO0 LSE
81 334.00  09:58:06 00059794904TRLO0 LSE
271 334.00  10:04:02 00059795164TRLO0 LSE
700 334.00  10:04:02 00059795165TRLO0 LSE
192 334.00  10:04:02 00059795166TRLO0 LSE
249 334.00  10:04:02 00059795167TRLO0 LSE
1616 333.50  10:10:43 00059795595TRLO0 LSE
682 333.00  10:22:50 00059796440TRLO0 LSE
1211 333.00  10:22:50 00059796441TRLO0 LSE
62 332.50  10:22:51 00059796442TRLO0 LSE
380 332.50  10:28:09 00059796747TRLO0 LSE
995 332.50  10:28:09 00059796748TRLO0 LSE
105 332.50  10:28:09 00059796749TRLO0 LSE
829 332.50  10:28:09 00059796750TRLO0 LSE
1 333.00  11:14:16 00059799201TRLO0 LSE
700 333.00  11:14:16 00059799202TRLO0 LSE
1141 333.00  11:14:16 00059799203TRLO0 LSE
1374 333.00  11:14:16 00059799204TRLO0 LSE
394 333.00  11:14:16 00059799205TRLO0 LSE
506 333.00  11:14:16 00059799206TRLO0 LSE
700 333.00  11:14:16 00059799207TRLO0 LSE
461 333.00  11:14:16 00059799208TRLO0 LSE
610 333.50  11:22:30 00059799596TRLO0 LSE
82 333.50  11:22:30 00059799597TRLO0 LSE
101 333.00  11:38:30 00059800643TRLO0 LSE
899 333.00  11:38:30 00059800644TRLO0 LSE
700 333.00  11:38:30 00059800645TRLO0 LSE
128 333.00  11:38:30 00059800646TRLO0 LSE
572 333.00  11:38:30 00059800647TRLO0 LSE
700 333.00  11:38:30 00059800648TRLO0 LSE
419 333.00  11:38:30 00059800649TRLO0 LSE
500 333.50  11:38:30 00059800650TRLO0 LSE
573 333.50  11:38:30 00059800651TRLO0 LSE
547 333.50  11:38:30 00059800652TRLO0 LSE
100 333.00  12:13:12 00059801861TRLO0 LSE
1551 333.00  12:13:12 00059801862TRLO0 LSE
2500 333.00  12:17:53 00059801988TRLO0 LSE
1711 332.50  12:18:14 00059801998TRLO0 LSE
798 331.50  12:37:40 00059802546TRLO0 LSE
700 331.50  12:37:40 00059802547TRLO0 LSE
366 331.50  12:37:40 00059802548TRLO0 LSE
584 331.00  12:37:51 00059802571TRLO0 LSE
447 331.00  12:54:39 00059803069TRLO0 LSE
843 332.50  13:05:52 00059803449TRLO0 LSE
844 332.50  13:05:52 00059803450TRLO0 LSE
1355 334.00  13:23:53 00059804074TRLO0 LSE
620 334.00  13:23:53 00059804075TRLO0 LSE
1902 334.00  13:30:04 00059804313TRLO0 LSE
10 334.00  13:30:04 00059804314TRLO0 LSE
1400 336.00  13:39:12 00059804698TRLO0 LSE
522 336.00  13:39:12 00059804699TRLO0 LSE
1601 335.50  13:40:32 00059804739TRLO0 LSE
80 335.50  13:40:32 00059804762TRLO0 LSE
80 335.50  13:40:32 00059804764TRLO0 LSE
1697 335.50  13:40:32 00059804765TRLO0 LSE
1864 335.50  13:52:55 00059805451TRLO0 LSE
460 334.50  14:00:02 00059805769TRLO0 LSE
1458 334.50  14:00:02 00059805770TRLO0 LSE
1850 334.00  14:25:09 00059806834TRLO0 LSE
1020 334.00  14:25:09 00059806835TRLO0 LSE
652 334.00  14:25:09 00059806836TRLO0 LSE
500 334.00  14:25:09 00059806837TRLO0 LSE
1890 334.00  14:32:19 00059807248TRLO0 LSE
115 333.50  14:36:19 00059807538TRLO0 LSE
700 333.50  14:36:19 00059807539TRLO0 LSE
1324 333.50  14:36:19 00059807540TRLO0 LSE
144 333.00  14:44:51 00059808050TRLO0 LSE
452 333.00  14:46:17 00059808122TRLO0 LSE
750 333.00  14:46:18 00059808123TRLO0 LSE
444 333.00  14:51:15 00059808461TRLO0 LSE
78 333.00  14:51:15 00059808462TRLO0 LSE
379 333.00  15:01:40 00059809199TRLO0 LSE
1357 333.00  15:02:04 00059809224TRLO0 LSE
1117 333.00  15:02:04 00059809225TRLO0 LSE
441 333.00  15:06:21 00059809534TRLO0 LSE
165 333.00  15:08:09 00059809677TRLO0 LSE
1943 333.00  15:08:09 00059809678TRLO0 LSE
1872 333.00  15:08:09 00059809679TRLO0 LSE
623 333.50  15:16:15 00059810132TRLO0 LSE
543 333.50  15:16:15 00059810133TRLO0 LSE
1813 333.00  15:19:11 00059810271TRLO0 LSE
450 333.50  15:27:45 00059810776TRLO0 LSE
57 333.50  15:27:45 00059810777TRLO0 LSE
1134 333.50  15:27:45 00059810778TRLO0 LSE
1732 333.50  15:27:45 00059810779TRLO0 LSE
201 333.00  15:30:30 00059810949TRLO0 LSE
1671 333.00  15:30:30 00059810950TRLO0 LSE
407 333.50  15:37:45 00059811347TRLO0 LSE
500 333.50  15:37:45 00059811348TRLO0 LSE
927 333.50  15:37:45 00059811349TRLO0 LSE
152 333.50  15:37:45 00059811350TRLO0 LSE
1163 333.50  15:38:31 00059811449TRLO0 LSE
607 333.50  15:38:31 00059811450TRLO0 LSE
1707 333.50  15:53:55 00059812580TRLO0 LSE
852 333.50  15:53:55 00059812581TRLO0 LSE
500 334.00  15:59:54 00059813063TRLO0 LSE
606 334.00  15:59:54 00059813064TRLO0 LSE
500 334.00  15:59:54 00059813065TRLO0 LSE
11 335.00  16:09:10 00059813914TRLO0 LSE
717 336.00  16:13:22 00059814280TRLO0 LSE
52 336.00  16:13:22 00059814281TRLO0 LSE
555 336.00  16:13:22 00059814282TRLO0 LSE
954 336.00  16:13:22 00059814283TRLO0 LSE
954 336.00  16:13:22 00059814284TRLO0 LSE
670 336.00  16:13:22 00059814285TRLO0 LSE
954 336.00  16:13:22 00059814286TRLO0 LSE
954 336.00  16:13:22 00059814287TRLO0 LSE
1184 337.00  16:19:46 00059814913TRLO0 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