Redde Northgate Plc - Transaction in Own Shares

PR Newswire

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4 August 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 3 August 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 :  75,000
Weighted average purchase price paid :  365.4287 pence per share
Highest purchase price paid :  369.5 pence per share
Lowest purchase price paid :  362.5 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 7,206,189 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 238,885,234, 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 3 August 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
1865 365.50  08:30:01 00060366941TRLO0 LSE
59 365.50  08:30:01 00060366942TRLO0 LSE
111 365.50  08:30:01 00060366943TRLO0 LSE
36 365.00  08:30:31 00060366958TRLO0 LSE
434 364.50  08:35:20 00060367156TRLO0 LSE
1400 364.50  08:35:20 00060367157TRLO0 LSE
700 364.50  08:35:20 00060367158TRLO0 LSE
133 364.50  08:35:20 00060367159TRLO0 LSE
439 364.00  08:38:20 00060367242TRLO0 LSE
700 364.00  08:38:20 00060367243TRLO0 LSE
700 364.00  08:38:20 00060367244TRLO0 LSE
396 364.00  08:38:20 00060367245TRLO0 LSE
1704 363.00  08:51:35 00060367576TRLO0 LSE
218 363.00  08:58:41 00060367708TRLO0 LSE
1913 363.50  10:08:57 00060369967TRLO0 LSE
116 363.50  10:08:57 00060369968TRLO0 LSE
2071 363.00  10:09:27 00060369985TRLO0 LSE
207 363.50  10:09:27 00060369986TRLO0 LSE
1466 363.50  10:09:27 00060369987TRLO0 LSE
498 363.50  10:09:27 00060369988TRLO0 LSE
136 363.00  10:10:27 00060370034TRLO0 LSE
21 363.00  10:10:27 00060370035TRLO0 LSE
1929 363.00  10:36:45 00060370814TRLO0 LSE
1877 362.50  10:37:03 00060370824TRLO0 LSE
783 362.50  10:37:03 00060370825TRLO0 LSE
2025 364.50  10:58:42 00060371363TRLO0 LSE
1590 365.00  11:23:51 00060371911TRLO0 LSE
418 365.00  11:23:51 00060371912TRLO0 LSE
442 365.00  11:23:51 00060371913TRLO0 LSE
2016 365.00  11:23:51 00060371914TRLO0 LSE
172 365.00  11:23:51 00060371915TRLO0 LSE
963 365.00  11:49:23 00060372414TRLO0 LSE
700 365.00  11:49:23 00060372415TRLO0 LSE
454 365.00  11:49:23 00060372416TRLO0 LSE
360 364.50  12:18:29 00060373099TRLO0 LSE
552 364.50  12:28:51 00060373219TRLO0 LSE
551 364.50  12:42:21 00060373496TRLO0 LSE
533 364.50  12:53:36 00060373814TRLO0 LSE
272 364.50  12:53:39 00060373815TRLO0 LSE
128 364.50  12:53:39 00060373816TRLO0 LSE
552 364.50  13:03:39 00060373992TRLO0 LSE
532 364.50  13:23:33 00060374376TRLO0 LSE
534 364.50  13:31:06 00060374532TRLO0 LSE
409 364.50  13:45:39 00060374792TRLO0 LSE
278 364.50  13:56:33 00060375007TRLO0 LSE
452 364.50  13:56:37 00060375008TRLO0 LSE
566 364.50  14:07:39 00060375354TRLO0 LSE
210 365.50  14:14:48 00060375532TRLO0 LSE
3 365.50  14:14:48 00060375533TRLO0 LSE
251 365.50  14:14:48 00060375534TRLO0 LSE
534 365.50  14:14:48 00060375535TRLO0 LSE
1034 365.50  14:14:48 00060375536TRLO0 LSE
545 365.50  14:14:48 00060375537TRLO0 LSE
449 365.50  14:14:48 00060375538TRLO0 LSE
178 365.50  14:14:48 00060375539TRLO0 LSE
149 365.50  14:14:48 00060375540TRLO0 LSE
417 365.50  14:14:48 00060375541TRLO0 LSE
844 365.50  14:14:48 00060375542TRLO0 LSE
2247 365.00  14:23:48 00060375791TRLO0 LSE
559 365.00  14:35:51 00060376315TRLO0 LSE
1605 365.00  14:35:51 00060376316TRLO0 LSE
581 364.50  14:39:48 00060376550TRLO0 LSE
579 364.50  14:43:51 00060376716TRLO0 LSE
577 364.50  14:48:48 00060376998TRLO0 LSE
427 364.50  14:48:52 00060377000TRLO0 LSE
533 364.50  14:53:18 00060377211TRLO0 LSE
537 364.50  14:57:24 00060377474TRLO0 LSE
1 364.50  15:00:18 00060377607TRLO0 LSE
568 364.50  15:01:12 00060377647TRLO0 LSE
574 365.00  15:04:27 00060377938TRLO0 LSE
556 365.00  15:07:58 00060378069TRLO0 LSE
483 365.00  15:11:51 00060378343TRLO0 LSE
181 365.50  15:13:42 00060378428TRLO0 LSE
507 365.50  15:13:42 00060378429TRLO0 LSE
1580 365.50  15:13:42 00060378430TRLO0 LSE
1400 365.50  15:20:42 00060378718TRLO0 LSE
606 365.50  15:20:42 00060378719TRLO0 LSE
509 365.50  15:23:42 00060378793TRLO0 LSE
617 365.50  15:23:42 00060378794TRLO0 LSE
654 365.50  15:23:42 00060378795TRLO0 LSE
353 365.50  15:23:42 00060378796TRLO0 LSE
78 366.50  15:29:21 00060379028TRLO0 LSE
218 366.50  15:29:21 00060379029TRLO0 LSE
78 366.50  15:29:31 00060379061TRLO0 LSE
218 366.50  15:29:31 00060379062TRLO0 LSE
411 366.50  15:29:31 00060379063TRLO0 LSE
1400 366.50  15:35:31 00060379421TRLO0 LSE
772 366.50  15:35:31 00060379422TRLO0 LSE
157 367.00  15:41:40 00060379875TRLO0 LSE
477 367.00  15:41:40 00060379876TRLO0 LSE
617 367.00  15:41:40 00060379877TRLO0 LSE
389 367.00  15:43:11 00060379947TRLO0 LSE
390 367.00  15:43:21 00060379960TRLO0 LSE
378 367.00  15:43:21 00060379961TRLO0 LSE
378 367.00  15:43:21 00060379962TRLO0 LSE
378 367.00  15:43:31 00060379968TRLO0 LSE
482 367.00  15:45:39 00060380094TRLO0 LSE
113 367.00  15:45:39 00060380095TRLO0 LSE
318 367.00  15:45:39 00060380096TRLO0 LSE
793 366.50  15:50:13 00060380334TRLO0 LSE
1478 366.50  15:50:13 00060380335TRLO0 LSE
2316 369.00  16:14:18 00060382103TRLO0 LSE
1400 369.00  16:14:51 00060382244TRLO0 LSE
748 369.00  16:14:51 00060382245TRLO0 LSE
1990 369.50  16:16:22 00060382319TRLO0 LSE
1400 369.50  16:17:22 00060382417TRLO0 LSE
436 369.50  16:17:22 00060382418TRLO0 LSE
441 369.50  16:19:22 00060382618TRLO0 LSE
549 369.50  16:19:22 00060382619TRLO0 LSE
350 369.50  16:19:22 00060382620TRLO0 LSE
588 369.50  16:19:22 00060382621TRLO0 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                                     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