RNS Number : 9279V
Redde Northgate PLC
15 August 2022
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

15 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 12 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

:  50,000

Weighted average purchase price paid

389.7182 pence per share

Highest purchase price paid

:  391 pence per share

Lowest purchase price paid

:  387.5 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 7,663,150 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 238,428,273, 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 12 August 2022)

 

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

1169

390.50

 09:11:26

00060507672TRLO0

LSE

768

390.50

 09:11:26

00060507671TRLO0

LSE

299

390.00

 09:28:18

00060507997TRLO0

LSE

528

390.00

 09:28:19

00060507999TRLO0

LSE

1110

390.00

 09:28:19

00060507998TRLO0

LSE

107

389.50

 09:30:46

00060508056TRLO0

LSE

674

390.00

 09:48:59

00060508392TRLO0

LSE

1400

390.00

 09:48:59

00060508391TRLO0

LSE

276

390.00

 09:48:59

00060508390TRLO0

LSE

700

389.50

 10:00:00

00060508609TRLO0

LSE

700

389.50

 10:00:00

00060508608TRLO0

LSE

703

389.50

 10:00:00

00060508607TRLO0

LSE

1

391.00

 10:52:03

00060509770TRLO0

LSE

1

391.00

 10:52:03

00060509771TRLO0

LSE

254

391.00

 11:03:39

00060510104TRLO0

LSE

1679

391.00

 11:03:39

00060510105TRLO0

LSE

2154

391.00

 11:03:39

00060510106TRLO0

LSE

520

390.00

 11:37:16

00060510865TRLO0

LSE

548

390.00

 11:49:01

00060511071TRLO0

LSE

516

390.00

 12:05:10

00060511379TRLO0

LSE

1991

390.00

 12:05:10

00060511382TRLO0

LSE

490

390.00

 12:05:10

00060511381TRLO0

LSE

341

390.00

 12:05:10

00060511380TRLO0

LSE

243

389.50

 12:57:25

00060512438TRLO0

LSE

529

389.50

 13:05:52

00060512650TRLO0

LSE

527

389.50

 13:15:19

00060512805TRLO0

LSE

627

391.00

 13:25:44

00060513091TRLO0

LSE

1388

391.00

 13:25:44

00060513092TRLO0

LSE

2287

391.00

 13:25:44

00060513093TRLO0

LSE

294

390.50

 13:47:29

00060513613TRLO0

LSE

272

390.50

 13:47:29

00060513612TRLO0

LSE

700

390.50

 13:47:29

00060513611TRLO0

LSE

561

390.50

 13:47:29

00060513610TRLO0

LSE

523

390.50

 13:47:29

00060513609TRLO0

LSE

2220

390.00

 13:51:05

00060513738TRLO0

LSE

488

389.50

 14:16:13

00060514238TRLO0

LSE

506

390.00

 14:32:07

00060514721TRLO0

LSE

1561

390.00

 14:32:07

00060514722TRLO0

LSE

214

389.50

 14:32:07

00060514725TRLO0

LSE

1084

389.50

 14:32:07

00060514724TRLO0

LSE

394

389.50

 14:32:07

00060514723TRLO0

LSE

700

389.50

 14:32:07

00060514727TRLO0

LSE

682

389.50

 14:32:07

00060514729TRLO0

LSE

700

389.50

 14:32:07

00060514728TRLO0

LSE

651

389.00

 14:51:20

00060515489TRLO0

LSE

917

389.00

 14:51:33

00060515498TRLO0

LSE

700

389.50

 15:04:07

00060516147TRLO0

LSE

194

389.50

 15:04:07

00060516146TRLO0

LSE

700

389.50

 15:04:07

00060516145TRLO0

LSE

345

389.50

 15:04:07

00060516144TRLO0

LSE

53

389.50

 15:04:07

00060516148TRLO0

LSE

240

389.00

 15:13:53

00060516568TRLO0

LSE

467

389.00

 15:16:46

00060516697TRLO0

LSE

522

389.00

 15:20:17

00060516867TRLO0

LSE

502

389.00

 15:23:53

00060517047TRLO0

LSE

37

389.00

 15:28:35

00060517274TRLO0

LSE

483

389.00

 15:28:35

00060517273TRLO0

LSE

511

389.00

 15:33:49

00060517533TRLO0

LSE

488

389.00

 15:37:49

00060517835TRLO0

LSE

504

389.00

 15:40:41

00060518009TRLO0

LSE

1920

389.00

 15:40:41

00060518011TRLO0

LSE

350

389.00

 15:40:41

00060518010TRLO0

LSE

6

389.00

 15:44:44

00060518250TRLO0

LSE

531

389.00

 15:45:14

00060518282TRLO0

LSE

476

389.00

 15:47:10

00060518393TRLO0

LSE

1011

389.00

 15:47:13

00060518398TRLO0

LSE

693

388.50

 15:49:11

00060518483TRLO0

LSE

465

388.50

 15:49:11

00060518482TRLO0

LSE

700

388.50

 15:49:11

00060518481TRLO0

LSE

158

388.50

 15:49:11

00060518480TRLO0

LSE

264

388.50

 15:49:11

00060518484TRLO0

LSE

453

387.50

 16:11:56

00060519584TRLO0

LSE

537

387.50

 16:13:59

00060519713TRLO0

LSE

273

387.50

 16:15:49

00060519862TRLO0

LSE

250

387.50

 16:15:49

00060519861TRLO0

LSE

9

387.50

 16:15:56

00060519871TRLO0

LSE

545

387.50

 16:17:44

00060519995TRLO0

LSE

367

387.50

 16:19:52

00060520239TRLO0

LSE

249

387.50

 16:20:02

00060520253TRLO0

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: https://reddenorthgate.co.uk/

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