RNS Number : 2362W
Redde Northgate PLC
17 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

17 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 16 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

:  80,000

Weighted average purchase price paid

:  384.4697 pence per share

Highest purchase price paid

:  388.5 pence per share

Lowest purchase price paid

:  382pence per share

 

Following the above transaction, the Company's issued share capital consists of 246,091,423 ordinary shares of 50p each, of which 7,853,150 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 238,238,273, 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 16 August 2022)

 

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

295

384.50

 08:20:03

00060536496TRLO0

LSE

69

384.50

 08:20:03

00060536497TRLO0

LSE

647

386.00

 09:02:28

00060537809TRLO0

LSE

1167

386.00

 09:02:28

00060537810TRLO0

LSE

2382

385.50

 09:17:34

00060538526TRLO0

LSE

9

387.00

 09:34:03

00060538962TRLO0

LSE

730

388.50

 09:41:01

00060539204TRLO0

LSE

231

388.50

 09:41:01

00060539205TRLO0

LSE

1377

388.50

 09:41:01

00060539206TRLO0

LSE

2079

388.50

 09:41:01

00060539207TRLO0

LSE

1862

387.50

 09:46:10

00060539357TRLO0

LSE

202

387.00

 09:46:30

00060539365TRLO0

LSE

1407

387.00

 09:46:30

00060539366TRLO0

LSE

1675

387.00

 10:02:30

00060539877TRLO0

LSE

1550

386.50

 10:02:30

00060539878TRLO0

LSE

1597

385.50

 10:20:11

00060540858TRLO0

LSE

1775

385.00

 11:12:45

00060543215TRLO0

LSE

461

385.00

 11:52:24

00060544676TRLO0

LSE

105

385.00

 12:27:12

00060545367TRLO0

LSE

1771

385.00

 12:27:12

00060545368TRLO0

LSE

96

384.50

 12:44:57

00060545915TRLO0

LSE

488

384.50

 12:58:48

00060546300TRLO0

LSE

514

384.50

 13:12:03

00060546695TRLO0

LSE

1820

385.00

 13:25:45

00060547140TRLO0

LSE

1527

384.50

 13:47:52

00060547799TRLO0

LSE

969

384.50

 13:47:52

00060547800TRLO0

LSE

1727

384.00

 13:53:55

00060547947TRLO0

LSE

820

384.00

 13:53:55

00060547948TRLO0

LSE

799

384.00

 13:53:55

00060547959TRLO0

LSE

305

383.50

 14:12:54

00060548530TRLO0

LSE

1285

383.50

 14:12:54

00060548531TRLO0

LSE

543

383.00

 14:16:06

00060548612TRLO0

LSE

123

383.00

 14:16:06

00060548613TRLO0

LSE

1127

383.00

 14:16:06

00060548614TRLO0

LSE

347

383.00

 14:27:03

00060548967TRLO0

LSE

649

383.00

 14:30:23

00060549157TRLO0

LSE

701

383.00

 14:30:23

00060549158TRLO0

LSE

1117

383.50

 14:53:49

00060550768TRLO0

LSE

647

383.50

 14:53:49

00060550769TRLO0

LSE

652

383.50

 14:58:55

00060551056TRLO0

LSE

157

383.50

 14:58:55

00060551057TRLO0

LSE

700

383.50

 14:58:55

00060551058TRLO0

LSE

521

383.00

 15:00:15

00060551151TRLO0

LSE

988

383.00

 15:00:18

00060551155TRLO0

LSE

1325

383.00

 15:00:18

00060551156TRLO0

LSE

303

383.00

 15:01:57

00060551286TRLO0

LSE

179

383.00

 15:05:42

00060551460TRLO0

LSE

352

383.00

 15:05:42

00060551461TRLO0

LSE

54

383.00

 15:11:57

00060551790TRLO0

LSE

526

383.00

 15:13:12

00060551856TRLO0

LSE

527

383.00

 15:17:54

00060552123TRLO0

LSE

222

383.00

 15:17:54

00060552124TRLO0

LSE

170

383.00

 15:17:54

00060552125TRLO0

LSE

807

383.00

 15:17:54

00060552126TRLO0

LSE

700

383.00

 15:17:54

00060552127TRLO0

LSE

28

383.00

 15:17:54

00060552128TRLO0

LSE

13

382.50

 15:17:55

00060552130TRLO0

LSE

484

382.50

 15:23:06

00060552430TRLO0

LSE

1052

382.50

 15:24:30

00060552456TRLO0

LSE

1777

382.50

 15:24:30

00060552457TRLO0

LSE

843

382.00

 15:25:27

00060552546TRLO0

LSE

724

382.00

 15:25:27

00060552547TRLO0

LSE

506

382.50

 15:42:33

00060553334TRLO0

LSE

505

382.50

 15:45:39

00060553518TRLO0

LSE

421

382.50

 15:50:06

00060553817TRLO0

LSE

190

385.00

 15:55:57

00060554157TRLO0

LSE

506

385.00

 15:55:57

00060554158TRLO0

LSE

307

385.00

 15:56:04

00060554159TRLO0

LSE

3500

385.00

 15:56:04

00060554160TRLO0

LSE

531

385.00

 15:56:04

00060554161TRLO0

LSE

700

385.00

 15:56:04

00060554162TRLO0

LSE

700

385.00

 15:56:04

00060554163TRLO0

LSE

700

385.00

 15:56:04

00060554164TRLO0

LSE

992

385.00

 15:56:04

00060554165TRLO0

LSE

2599

385.00

 15:56:22

00060554173TRLO0

LSE

1521

385.00

 15:56:22

00060554174TRLO0

LSE

498

385.00

 15:56:37

00060554186TRLO0

LSE

2122

384.50

 15:56:50

00060554194TRLO0

LSE

485

384.50

 15:56:57

00060554202TRLO0

LSE

2426

384.00

 15:57:31

00060554231TRLO0

LSE

1895

384.00

 15:57:31

00060554232TRLO0

LSE

1638

383.00

 16:01:58

00060554475TRLO0

LSE

331

382.50

 16:05:17

00060554632TRLO0

LSE

250

382.50

 16:05:17

00060554633TRLO0

LSE

382

382.50

 16:05:17

00060554634TRLO0

LSE

601

382.50

 16:05:20

00060554636TRLO0

LSE

523

382.00

 16:08:14

00060554784TRLO0

LSE

103

382.00

 16:08:37

00060554812TRLO0

LSE

502

382.00

 16:09:23

00060554883TRLO0

LSE

342

382.00

 16:10:29

00060554927TRLO0

LSE

414

382.00

 16:13:50

00060555198TRLO0

LSE

473

382.00

 16:14:50

00060555291TRLO0

LSE

532

382.00

 16:16:05

00060555378TRLO0

LSE

77

382.00

 16:17:14

00060555457TRLO0

LSE

405

383.50

 16:19:14

00060555579TRLO0

LSE

304

383.50

 16:19:14

00060555580TRLO0

LSE

489

383.50

 16:19:14

00060555581TRLO0

LSE

317

383.50

 16:19:14

00060555582TRLO0

LSE

172

383.50

 16:19:14

00060555583TRLO0

LSE

1

383.50

 16:19:44

00060555608TRLO0

LSE

420

383.50

 16:19:44

00060555609TRLO0

LSE

521

383.50

 16:20:50

00060555674TRLO0

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/Hannah Ratcliff                                         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

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