RNS Number : 0903W
Redde Northgate PLC
16 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

16 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 15 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

:  110,000

Weighted average purchase price paid

:  388.4454 pence per share

Highest purchase price paid

:  391.5 pence per share

Lowest purchase price paid

:  384 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 7,773,150 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 238,318,273 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 15 August 2022)

 

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

1026

387.00

 08:23:59

00060522298TRLO0

LSE

700

387.00

 08:23:59

00060522297TRLO0

LSE

266

387.00

 08:23:59

00060522296TRLO0

LSE

2183

391.50

 08:43:17

00060522622TRLO0

LSE

1840

391.00

 08:43:17

00060522623TRLO0

LSE

670

390.50

 08:43:17

00060522624TRLO0

LSE

727

390.50

 08:58:02

00060522921TRLO0

LSE

443

390.50

 08:58:02

00060522922TRLO0

LSE

1856

390.50

 08:58:02

00060522923TRLO0

LSE

330

390.00

 09:03:25

00060523055TRLO0

LSE

1581

390.00

 09:03:25

00060523056TRLO0

LSE

1904

389.50

 09:20:34

00060523643TRLO0

LSE

23

390.00

 09:21:37

00060523675TRLO0

LSE

146

390.00

 09:21:37

00060523676TRLO0

LSE

224

390.00

 09:21:37

00060523677TRLO0

LSE

55000

390.00

 09:21:42

00060523678TRLO0

LSE

642

389.00

 09:34:14

00060523940TRLO0

LSE

584

389.00

 09:34:14

00060523941TRLO0

LSE

646

389.00

 09:34:14

00060523942TRLO0

LSE

1

387.50

 10:35:42

00060524981TRLO0

LSE

125

387.50

 11:21:52

00060525773TRLO0

LSE

1746

387.50

 11:21:52

00060525774TRLO0

LSE

642

387.50

 12:18:37

00060527070TRLO0

LSE

995

387.50

 12:18:37

00060527071TRLO0

LSE

1805

387.50

 12:18:37

00060527072TRLO0

LSE

134

387.50

 12:18:37

00060527073TRLO0

LSE

946

387.00

 12:19:16

00060527095TRLO0

LSE

886

387.00

 12:19:16

00060527096TRLO0

LSE

488

385.00

 12:20:33

00060527111TRLO0

LSE

940

385.00

 12:20:39

00060527113TRLO0

LSE

187

385.00

 12:39:27

00060527435TRLO0

LSE

1666

385.00

 12:53:15

00060527664TRLO0

LSE

255

384.50

 13:01:35

00060527846TRLO0

LSE

684

384.50

 13:01:35

00060527847TRLO0

LSE

684

384.50

 13:01:35

00060527848TRLO0

LSE

226

384.50

 13:01:35

00060527849TRLO0

LSE

522

384.00

 13:15:44

00060528133TRLO0

LSE

1176

384.00

 13:16:23

00060528140TRLO0

LSE

45

384.00

 13:16:23

00060528141TRLO0

LSE

780

385.50

 13:39:15

00060528537TRLO0

LSE

1031

385.50

 13:39:15

00060528538TRLO0

LSE

476

385.00

 14:04:35

00060529017TRLO0

LSE

871

385.00

 14:04:38

00060529018TRLO0

LSE

368

386.00

 14:20:34

00060529477TRLO0

LSE

338

386.00

 14:25:17

00060529555TRLO0

LSE

332

386.00

 14:26:10

00060529585TRLO0

LSE

526

386.00

 14:33:03

00060529868TRLO0

LSE

366

386.00

 14:33:03

00060529869TRLO0

LSE

348

386.00

 14:33:03

00060529870TRLO0

LSE

500

386.00

 14:35:51

00060530013TRLO0

LSE

399

386.00

 14:36:15

00060530045TRLO0

LSE

330

386.00

 14:36:15

00060530046TRLO0

LSE

1833

386.00

 14:36:15

00060530047TRLO0

LSE

102

385.50

 14:39:27

00060530215TRLO0

LSE

519

385.50

 14:43:48

00060530380TRLO0

LSE

503

385.50

 14:45:10

00060530451TRLO0

LSE

491

385.50

 14:49:03

00060530685TRLO0

LSE

252

385.50

 14:53:47

00060530987TRLO0

LSE

100

385.50

 15:01:56

00060531440TRLO0

LSE

480

385.50

 15:05:05

00060531623TRLO0

LSE

493

385.50

 15:08:14

00060531781TRLO0

LSE

536

385.50

 15:11:39

00060531968TRLO0

LSE

133

385.50

 15:14:38

00060532135TRLO0

LSE

1719

385.50

 15:20:27

00060532312TRLO0

LSE

1

385.50

 15:20:27

00060532313TRLO0

LSE

1400

385.50

 15:20:27

00060532314TRLO0

LSE

308

385.50

 15:20:27

00060532315TRLO0

LSE

510

385.00

 15:20:55

00060532354TRLO0

LSE

488

385.00

 15:21:45

00060532410TRLO0

LSE

344

385.00

 15:21:57

00060532421TRLO0

LSE

368

385.00

 15:23:37

00060532463TRLO0

LSE

110

385.00

 15:25:56

00060532541TRLO0

LSE

502

385.50

 15:40:48

00060533138TRLO0

LSE

477

385.50

 15:44:39

00060533337TRLO0

LSE

518

385.50

 15:47:09

00060533486TRLO0

LSE

326

385.50

 15:47:57

00060533497TRLO0

LSE

222

385.50

 15:49:44

00060533576TRLO0

LSE

341

385.50

 15:54:18

00060533796TRLO0

LSE

476

385.50

 15:55:33

00060533847TRLO0

LSE

492

385.50

 15:58:42

00060533942TRLO0

LSE

53

385.50

 16:00:51

00060534015TRLO0

LSE

163

385.50

 16:00:51

00060534016TRLO0

LSE

1418

385.50

 16:00:51

00060534017TRLO0

LSE

238

385.00

 16:08:33

00060534375TRLO0

LSE

477

385.00

 16:11:12

00060534466TRLO0

LSE

73

385.00

 16:11:56

00060534492TRLO0

LSE

36

385.00

 16:12:31

00060534513TRLO0

LSE

307

385.00

 16:12:36

00060534516TRLO0

LSE

430

385.00

 16:12:58

00060534536TRLO0

LSE

395

385.00

 16:13:39

00060534556TRLO0

LSE

114

385.00

 16:14:31

00060534578TRLO0

LSE

112

385.00

 16:14:31

00060534579TRLO0

LSE

531

385.00

 16:14:31

00060534580TRLO0

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSFLFFDTIIELIF