Redde Northgate Plc - Transaction in Own Shares

PR Newswire

7 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 6 July 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 :  332.6166 pence per share
Highest purchase price paid :  340 pence per share
Lowest purchase price paid :  325 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 5,761,446 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 240,329,977, 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 6 July 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
359 340.00  08:07:53 00059890029TRLO0 LSE
1404 340.00  08:07:53 00059890030TRLO0 LSE
1102 340.00  08:09:00 00059890071TRLO0 LSE
1325 340.00  08:09:00 00059890072TRLO0 LSE
67 340.00  08:13:23 00059890345TRLO0 LSE
266 340.00  08:13:23 00059890344TRLO0 LSE
327 340.00  08:13:23 00059890343TRLO0 LSE
2021 339.00  08:14:23 00059890401TRLO0 LSE
1727 340.00  08:25:23 00059891228TRLO0 LSE
108 338.00  08:36:12 00059892058TRLO0 LSE
700 338.00  08:36:43 00059892088TRLO0 LSE
183 338.00  08:36:43 00059892096TRLO0 LSE
765 338.00  08:36:43 00059892094TRLO0 LSE
127 338.00  08:36:43 00059892090TRLO0 LSE
735 339.50  08:44:41 00059892529TRLO0 LSE
993 339.50  08:44:41 00059892528TRLO0 LSE
1821 337.50  08:53:53 00059892999TRLO0 LSE
87 337.00  09:13:47 00059894215TRLO0 LSE
1 337.00  09:13:48 00059894216TRLO0 LSE
451 337.00  09:19:56 00059894679TRLO0 LSE
1232 337.00  09:19:56 00059894678TRLO0 LSE
1810 337.00  09:19:56 00059894681TRLO0 LSE
156 337.00  09:19:56 00059894680TRLO0 LSE
1744 335.00  09:42:24 00059896114TRLO0 LSE
268 336.50  09:48:20 00059896432TRLO0 LSE
170 335.50  09:48:20 00059896434TRLO0 LSE
647 335.50  09:48:20 00059896433TRLO0 LSE
1793 336.00  09:57:29 00059896862TRLO0 LSE
683 335.00  10:12:12 00059897610TRLO0 LSE
247 336.00  10:12:12 00059897612TRLO0 LSE
600 336.00  10:12:12 00059897611TRLO0 LSE
1039 336.50  10:26:09 00059898302TRLO0 LSE
700 336.50  10:26:09 00059898301TRLO0 LSE
549 336.00  10:35:38 00059898893TRLO0 LSE
412 336.00  10:35:38 00059898894TRLO0 LSE
831 336.00  10:35:42 00059898895TRLO0 LSE
1866 335.00  10:57:14 00059900085TRLO0 LSE
28 334.50  11:27:02 00059901124TRLO0 LSE
1751 334.50  11:27:02 00059901123TRLO0 LSE
600 334.50  11:28:51 00059901157TRLO0 LSE
149 335.00  11:37:49 00059901443TRLO0 LSE
1124 335.00  11:37:49 00059901444TRLO0 LSE
587 335.00  11:37:49 00059901445TRLO0 LSE
434 333.00  11:50:15 00059901789TRLO0 LSE
432 333.00  11:51:02 00059901810TRLO0 LSE
807 333.00  11:51:02 00059901809TRLO0 LSE
1924 332.00  12:00:52 00059902096TRLO0 LSE
97 332.00  12:00:56 00059902098TRLO0 LSE
40 330.50  12:30:07 00059902803TRLO0 LSE
466 330.50  12:31:09 00059902871TRLO0 LSE
1200 330.50  12:31:15 00059902873TRLO0 LSE
1295 329.50  12:42:42 00059903189TRLO0 LSE
485 329.50  12:42:42 00059903188TRLO0 LSE
600 329.00  12:49:20 00059903365TRLO0 LSE
1659 329.00  13:00:40 00059903741TRLO0 LSE
2068 328.50  13:09:54 00059904085TRLO0 LSE
1417 328.50  13:25:14 00059904521TRLO0 LSE
1793 328.50  13:25:14 00059904520TRLO0 LSE
1094 330.00  13:29:03 00059904621TRLO0 LSE
758 330.00  13:29:03 00059904620TRLO0 LSE
118 330.00  13:33:03 00059904750TRLO0 LSE
1910 330.00  13:33:03 00059904749TRLO0 LSE
899 329.50  13:43:03 00059905187TRLO0 LSE
800 329.50  13:45:39 00059905270TRLO0 LSE
66 329.50  13:45:44 00059905271TRLO0 LSE
2038 330.00  13:52:21 00059905474TRLO0 LSE
399 328.00  14:09:27 00059906125TRLO0 LSE
747 329.50  14:12:54 00059906261TRLO0 LSE
758 329.50  14:15:02 00059906313TRLO0 LSE
1313 329.50  14:15:28 00059906347TRLO0 LSE
255 329.50  14:15:28 00059906346TRLO0 LSE
563 329.50  14:15:28 00059906348TRLO0 LSE
82 329.00  14:21:09 00059906603TRLO0 LSE
486 329.00  14:25:27 00059906902TRLO0 LSE
424 329.00  14:28:03 00059907031TRLO0 LSE
472 329.00  14:30:30 00059907192TRLO0 LSE
489 329.00  14:31:27 00059907295TRLO0 LSE
139 329.00  14:32:27 00059907381TRLO0 LSE
68 329.00  14:32:27 00059907380TRLO0 LSE
125 329.50  14:33:33 00059907469TRLO0 LSE
464 329.50  14:34:45 00059907530TRLO0 LSE
457 329.50  14:35:51 00059907607TRLO0 LSE
464 329.50  14:37:12 00059907671TRLO0 LSE
1 329.50  14:37:32 00059907692TRLO0 LSE
672 329.50  14:37:32 00059907693TRLO0 LSE
415 329.50  14:38:30 00059907742TRLO0 LSE
447 329.50  14:39:57 00059907826TRLO0 LSE
242 329.50  14:41:27 00059907909TRLO0 LSE
248 329.50  14:41:27 00059907908TRLO0 LSE
383 330.00  14:44:45 00059908090TRLO0 LSE
2715 330.00  14:44:45 00059908089TRLO0 LSE
463 329.50  14:44:47 00059908096TRLO0 LSE
644 329.50  14:44:47 00059908095TRLO0 LSE
600 329.50  14:44:47 00059908094TRLO0 LSE
1941 329.50  14:52:06 00059908521TRLO0 LSE
28 329.50  14:52:06 00059908522TRLO0 LSE
1962 329.00  14:58:46 00059908871TRLO0 LSE
537 329.00  15:04:56 00059909473TRLO0 LSE
610 329.00  15:04:56 00059909472TRLO0 LSE
283 329.00  15:07:56 00059909778TRLO0 LSE
1307 329.00  15:07:56 00059909777TRLO0 LSE
131 329.00  15:07:56 00059909776TRLO0 LSE
1688 327.00  15:14:05 00059910089TRLO0 LSE
489 325.00  15:21:37 00059910460TRLO0 LSE
1551 325.00  15:21:37 00059910459TRLO0 LSE
319 330.50  15:26:49 00059910717TRLO0 LSE
588 330.50  15:26:49 00059910718TRLO0 LSE
1698 329.50  15:27:41 00059910812TRLO0 LSE
1235 330.00  15:33:12 00059911138TRLO0 LSE
656 330.00  15:33:12 00059911137TRLO0 LSE
541 331.00  15:44:20 00059912122TRLO0 LSE
278 331.00  15:44:20 00059912121TRLO0 LSE
1949 331.00  15:44:20 00059912120TRLO0 LSE
545 331.50  15:44:20 00059912125TRLO0 LSE
600 331.50  15:44:20 00059912124TRLO0 LSE
653 331.50  15:44:20 00059912123TRLO0 LSE
724 334.00  15:57:02 00059913054TRLO0 LSE
130 334.00  15:57:02 00059913053TRLO0 LSE
716 334.00  15:57:02 00059913052TRLO0 LSE
700 334.00  15:57:02 00059913051TRLO0 LSE
1375 335.00  16:00:06 00059913318TRLO0 LSE
381 335.00  16:00:06 00059913319TRLO0 LSE
2046 334.00  16:05:02 00059913919TRLO0 LSE
1948 335.00  16:11:48 00059914269TRLO0 LSE
1400 335.50  16:21:29 00059914866TRLO0 LSE
100 335.50  16:21:29 00059914865TRLO0 LSE
401 335.50  16:21:29 00059914867TRLO0 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