Redde Northgate Plc - Transaction in Own Shares

PR Newswire

15 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 14 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 :  337.7245 pence per share
Highest purchase price paid :  341.5 pence per share
Lowest purchase price paid :  334 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 6,281,446 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 239,809,977, 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 14 July 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
1478 338.00  08:19:42 00060022662TRLO0 LSE
610 338.00  08:19:42 00060022661TRLO0 LSE
1856 339.50  08:53:54 00060023928TRLO0 LSE
2131 340.00  08:58:07 00060024025TRLO0 LSE
2119 339.50  09:00:02 00060024063TRLO0 LSE
68 339.00  09:00:02 00060024065TRLO0 LSE
2100 339.00  09:00:02 00060024064TRLO0 LSE
1811 338.50  09:21:28 00060025004TRLO0 LSE
1796 338.00  09:24:16 00060025114TRLO0 LSE
1075 337.00  09:51:42 00060025875TRLO0 LSE
790 337.00  09:51:42 00060025876TRLO0 LSE
3 339.00  10:21:04 00060026805TRLO0 LSE
3 339.00  10:21:04 00060026804TRLO0 LSE
2031 339.50  10:21:58 00060026842TRLO0 LSE
100 339.50  10:21:58 00060026841TRLO0 LSE
2009 339.50  10:36:38 00060027278TRLO0 LSE
1435 339.50  10:36:38 00060027277TRLO0 LSE
567 339.50  10:36:38 00060027276TRLO0 LSE
1942 339.00  10:36:40 00060027279TRLO0 LSE
600 340.00  11:33:18 00060028802TRLO0 LSE
600 340.00  11:33:18 00060028803TRLO0 LSE
600 340.00  11:33:18 00060028804TRLO0 LSE
600 340.00  11:40:18 00060029150TRLO0 LSE
124 339.50  11:41:24 00060029165TRLO0 LSE
700 339.50  11:49:06 00060029390TRLO0 LSE
1194 339.50  11:49:06 00060029393TRLO0 LSE
968 339.50  11:49:06 00060029392TRLO0 LSE
1026 339.50  11:49:06 00060029391TRLO0 LSE
1961 339.00  12:03:27 00060030138TRLO0 LSE
343 341.00  12:46:32 00060031692TRLO0 LSE
408 341.00  12:46:32 00060031693TRLO0 LSE
1147 341.00  12:46:32 00060031694TRLO0 LSE
1810 341.00  12:46:32 00060031695TRLO0 LSE
4 341.50  12:47:32 00060031739TRLO0 LSE
1884 341.50  13:07:22 00060032496TRLO0 LSE
1145 341.50  13:07:22 00060032497TRLO0 LSE
907 341.50  13:07:22 00060032498TRLO0 LSE
1400 341.50  13:07:22 00060032507TRLO0 LSE
700 341.50  13:07:22 00060032508TRLO0 LSE
9 341.50  13:07:22 00060032510TRLO0 LSE
1939 340.50  13:28:25 00060033713TRLO0 LSE
15 340.50  13:28:25 00060033714TRLO0 LSE
128 340.50  14:09:58 00060035857TRLO0 LSE
1651 340.50  14:09:58 00060035856TRLO0 LSE
1126 340.50  14:09:58 00060035855TRLO0 LSE
700 340.50  14:09:58 00060035854TRLO0 LSE
364 340.00  14:10:03 00060035861TRLO0 LSE
1971 340.00  14:10:03 00060035860TRLO0 LSE
2065 338.50  14:25:23 00060036649TRLO0 LSE
1948 338.50  14:25:23 00060036648TRLO0 LSE
2033 338.00  14:33:00 00060037355TRLO0 LSE
2030 337.00  14:40:00 00060038172TRLO0 LSE
2047 336.00  14:44:33 00060038881TRLO0 LSE
2014 335.50  15:00:30 00060040562TRLO0 LSE
600 334.50  15:05:30 00060041636TRLO0 LSE
600 334.00  15:05:33 00060041655TRLO0 LSE
436 334.00  15:06:02 00060041779TRLO0 LSE
2111 334.50  15:10:59 00060042539TRLO0 LSE
1878 334.50  15:10:59 00060042538TRLO0 LSE
77 334.50  15:10:59 00060042540TRLO0 LSE
20 334.50  15:11:12 00060042569TRLO0 LSE
11 334.50  15:11:16 00060042576TRLO0 LSE
6 334.50  15:11:21 00060042587TRLO0 LSE
2121 334.00  15:22:41 00060044082TRLO0 LSE
2689 334.00  15:22:41 00060044081TRLO0 LSE
1188 334.00  15:32:02 00060045253TRLO0 LSE
1827 334.00  15:33:02 00060045388TRLO0 LSE
892 334.00  15:56:08 00060047622TRLO0 LSE
27 334.50  16:00:03 00060048014TRLO0 LSE
10 335.00  16:01:09 00060048150TRLO0 LSE
700 335.00  16:02:09 00060048264TRLO0 LSE
1400 335.00  16:02:09 00060048263TRLO0 LSE
700 335.00  16:02:09 00060048262TRLO0 LSE
2103 335.00  16:02:09 00060048266TRLO0 LSE
1969 335.00  16:02:09 00060048265TRLO0 LSE
1135 335.00  16:05:09 00060048598TRLO0 LSE
631 335.00  16:05:09 00060048599TRLO0 LSE
680 335.50  16:13:24 00060049447TRLO0 LSE
20 335.50  16:13:24 00060049446TRLO0 LSE
364 335.50  16:13:24 00060049445TRLO0 LSE
456 335.50  16:13:24 00060049444TRLO0 LSE
700 335.50  16:13:24 00060049443TRLO0 LSE
371 335.50  16:13:24 00060049442TRLO0 LSE
2134 335.50  16:13:24 00060049441TRLO0 LSE
147 335.50  16:14:05 00060049519TRLO0 LSE
373 335.50  16:16:45 00060049787TRLO0 LSE
311 335.50  16:16:49 00060049790TRLO0 LSE
396 337.00  16:22:35 00060050517TRLO0 LSE
700 337.00  16:22:35 00060050520TRLO0 LSE
700 337.00  16:22:35 00060050519TRLO0 LSE
1400 337.00  16:22:35 00060050518TRLO0 LSE
104 337.00  16:23:43 00060050673TRLO0 LSE
700 337.00  16:23:43 00060050672TRLO0 LSE
700 337.00  16:23:43 00060050671TRLO0 LSE
1400 337.00  16:23:43 00060050670TRLO0 LSE
700 337.00  16:23:43 00060050669TRLO0 LSE
700 337.00  16:23:43 00060050668TRLO0 LSE
186 337.00  16:23:43 00060050667TRLO0 LSE
557 337.00  16:23:43 00060050674TRLO0 LSE
385 337.00  16:23:43 00060050676TRLO0 LSE
600 337.00  16:23:43 00060050675TRLO0 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