Redde Northgate Plc - Transaction in Own Shares

PR Newswire

12 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 11 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 :  336.6127 pence per share
Highest purchase price paid :  341 pence per share
Lowest purchase price paid :  334.5 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 6,041,446 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 240,049,977, 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 11 July 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
2246 337.00  08:32:02 00059957911TRLO0 LSE
345 339.00  09:14:26 00059958907TRLO0 LSE
600 339.00  09:14:26 00059958908TRLO0 LSE
857 339.00  09:14:26 00059958909TRLO0 LSE
104 340.50  09:33:05 00059959217TRLO0 LSE
74 340.50  09:33:05 00059959218TRLO0 LSE
156 340.50  09:33:05 00059959219TRLO0 LSE
824 340.50  09:33:05 00059959220TRLO0 LSE
1804 340.50  09:33:05 00059959221TRLO0 LSE
794 340.00  09:33:09 00059959223TRLO0 LSE
1181 340.00  09:33:09 00059959222TRLO0 LSE
2057 340.50  09:39:52 00059959331TRLO0 LSE
600 340.50  09:39:52 00059959332TRLO0 LSE
165 340.50  09:39:52 00059959333TRLO0 LSE
600 341.00  09:39:52 00059959334TRLO0 LSE
532 341.00  09:39:52 00059959335TRLO0 LSE
459 341.00  10:23:02 00059960418TRLO0 LSE
1393 341.00  10:23:02 00059960419TRLO0 LSE
147 341.00  10:42:10 00059960831TRLO0 LSE
1857 341.00  10:42:10 00059960832TRLO0 LSE
340 340.50  10:51:58 00059960951TRLO0 LSE
2019 340.50  10:51:58 00059960952TRLO0 LSE
2034 340.00  10:51:59 00059960954TRLO0 LSE
1776 339.50  11:28:52 00059962008TRLO0 LSE
1996 339.00  11:28:52 00059962009TRLO0 LSE
22 337.00  11:58:24 00059962736TRLO0 LSE
23 337.00  11:58:24 00059962735TRLO0 LSE
803 337.00  11:58:24 00059962737TRLO0 LSE
212 337.00  11:58:24 00059962740TRLO0 LSE
171 337.00  11:58:24 00059962739TRLO0 LSE
700 337.00  11:58:24 00059962738TRLO0 LSE
1727 336.50  11:58:34 00059962745TRLO0 LSE
1928 337.00  12:28:17 00059963421TRLO0 LSE
84 337.00  12:28:17 00059963420TRLO0 LSE
1776 336.50  12:28:56 00059963450TRLO0 LSE
536 336.50  12:28:56 00059963449TRLO0 LSE
737 336.00  12:29:36 00059963466TRLO0 LSE
451 336.00  12:30:38 00059963505TRLO0 LSE
95 336.00  12:40:02 00059963651TRLO0 LSE
572 336.00  12:40:02 00059963650TRLO0 LSE
600 336.00  12:40:02 00059963654TRLO0 LSE
453 336.00  12:40:02 00059963653TRLO0 LSE
600 336.00  12:40:02 00059963652TRLO0 LSE
1114 335.00  12:59:02 00059964180TRLO0 LSE
600 335.00  12:59:02 00059964179TRLO0 LSE
240 335.00  12:59:02 00059964178TRLO0 LSE
442 336.00  13:22:35 00059964705TRLO0 LSE
873 336.00  13:22:35 00059964704TRLO0 LSE
118 336.00  13:27:35 00059964854TRLO0 LSE
1294 336.00  13:27:35 00059964856TRLO0 LSE
398 336.00  13:27:35 00059964855TRLO0 LSE
1967 335.50  13:46:04 00059965274TRLO0 LSE
600 335.50  13:46:04 00059965275TRLO0 LSE
609 335.50  13:46:04 00059965277TRLO0 LSE
600 335.50  13:46:04 00059965276TRLO0 LSE
528 335.50  13:46:04 00059965278TRLO0 LSE
600 335.50  13:46:04 00059965280TRLO0 LSE
1223 335.50  13:46:04 00059965279TRLO0 LSE
600 334.50  14:01:24 00059965667TRLO0 LSE
1264 334.50  14:01:24 00059965666TRLO0 LSE
573 335.00  14:27:02 00059966252TRLO0 LSE
150 335.00  14:27:03 00059966253TRLO0 LSE
150 335.00  14:27:10 00059966259TRLO0 LSE
437 335.00  14:28:02 00059966283TRLO0 LSE
522 335.00  14:28:02 00059966282TRLO0 LSE
10 335.00  14:35:05 00059966737TRLO0 LSE
700 335.00  14:35:05 00059966736TRLO0 LSE
700 335.00  14:35:05 00059966735TRLO0 LSE
490 335.00  14:35:05 00059966734TRLO0 LSE
1783 334.50  14:35:05 00059966738TRLO0 LSE
158 335.00  14:36:45 00059966927TRLO0 LSE
1263 335.00  14:36:45 00059966926TRLO0 LSE
548 335.50  14:40:09 00059967686TRLO0 LSE
1239 335.50  14:40:09 00059967685TRLO0 LSE
2004 335.00  14:50:25 00059968839TRLO0 LSE
313 335.50  15:00:02 00059969823TRLO0 LSE
1660 335.50  15:00:02 00059969822TRLO0 LSE
600 335.00  15:14:11 00059971397TRLO0 LSE
30 335.00  15:15:25 00059971490TRLO0 LSE
1174 335.00  15:15:25 00059971489TRLO0 LSE
138 335.00  15:15:25 00059971488TRLO0 LSE
178 335.00  15:15:25 00059971487TRLO0 LSE
600 335.00  15:15:25 00059971486TRLO0 LSE
715 335.00  15:17:25 00059971630TRLO0 LSE
600 335.00  15:17:25 00059971629TRLO0 LSE
45 334.50  15:23:05 00059972006TRLO0 LSE
1400 334.50  15:23:05 00059972005TRLO0 LSE
271 334.50  15:23:05 00059972004TRLO0 LSE
15 334.50  15:36:20 00059972830TRLO0 LSE
468 334.50  15:36:20 00059972829TRLO0 LSE
397 334.50  15:46:14 00059973417TRLO0 LSE
521 334.50  15:51:11 00059973573TRLO0 LSE
600 335.00  15:51:40 00059973597TRLO0 LSE
600 335.00  15:51:40 00059973596TRLO0 LSE
866 335.00  15:51:40 00059973595TRLO0 LSE
146 335.00  15:51:40 00059973594TRLO0 LSE
283 335.00  15:51:40 00059973598TRLO0 LSE
746 335.00  15:52:54 00059973702TRLO0 LSE
1659 335.00  15:52:54 00059973703TRLO0 LSE
224 335.00  15:54:04 00059973762TRLO0 LSE
134 335.00  15:54:04 00059973761TRLO0 LSE
460 335.00  16:01:05 00059974038TRLO0 LSE
428 335.00  16:05:07 00059974209TRLO0 LSE
496 335.00  16:09:16 00059974337TRLO0 LSE
75 335.00  16:12:50 00059974509TRLO0 LSE
404 335.00  16:12:50 00059974508TRLO0 LSE
1200 335.00  16:14:18 00059974556TRLO0 LSE
486 335.00  16:16:35 00059974675TRLO0 LSE
11 335.50  16:17:35 00059974739TRLO0 LSE
653 336.00  16:18:35 00059974798TRLO0 LSE
1506 336.00  16:18:35 00059974797TRLO0 LSE
2067 336.00  16:18:35 00059974796TRLO0 LSE
283 336.00  16:18:35 00059974795TRLO0 LSE
2100 336.00  16:18:35 00059974794TRLO0 LSE
3500 336.00  16:18:35 00059974793TRLO0 LSE
465 336.00  16:18:35 00059974800TRLO0 LSE
151 336.00  16:18:35 00059974799TRLO0 LSE
2375 336.00  16:18:35 00059974801TRLO0 LSE
701 336.00  16:18:35 00059974804TRLO0 LSE
574 336.00  16:18:35 00059974803TRLO0 LSE
600 336.00  16:18:35 00059974802TRLO0 LSE
600 336.00  16:18:35 00059974805TRLO0 LSE
1086 336.00  16:18:35 00059974807TRLO0 LSE
600 336.00  16:18:35 00059974806TRLO0 LSE
2013 335.00  16:20:45 00059974971TRLO0 LSE
1135 334.50  16:21:46 00059975013TRLO0 LSE
137 335.00  16:22:55 00059975058TRLO0 LSE
29 335.00  16:22:55 00059975057TRLO0 LSE
746 335.00  16:22:56 00059975059TRLO0 LSE
489 335.00  16:22:56 00059975060TRLO0 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