RNS Number : 3925W
Redde Northgate PLC
18 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

18 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 17 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

:  97,834

Weighted average purchase price paid

:  382.1227 pence per share

Highest purchase price paid

:  385.5 pence per share

Lowest purchase price paid

:  378 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 7,950,984 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 238,140,439, 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 17 August 2022)

 

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

350

383.00

 08:13:44

00060557594TRLO0

LSE

25

383.00

 08:13:44

00060557595TRLO0

LSE

1566

383.50

 08:41:23

00060558409TRLO0

LSE

1725

383.50

 08:41:23

00060558410TRLO0

LSE

2448

383.00

 08:54:26

00060558894TRLO0

LSE

44

382.50

 08:54:26

00060558896TRLO0

LSE

1787

384.00

 08:55:26

00060558979TRLO0

LSE

1557

384.50

 09:02:07

00060559200TRLO0

LSE

307

384.50

 09:02:07

00060559201TRLO0

LSE

1555

384.50

 09:02:07

00060559203TRLO0

LSE

1533

385.50

 09:19:54

00060559952TRLO0

LSE

1020

385.50

 09:19:54

00060559953TRLO0

LSE

850

385.50

 09:19:54

00060559954TRLO0

LSE

1240

385.00

 09:37:29

00060560570TRLO0

LSE

444

385.00

 09:37:29

00060560571TRLO0

LSE

656

384.50

 09:46:20

00060560785TRLO0

LSE

800

384.50

 09:46:20

00060560794TRLO0

LSE

800

384.50

 09:46:20

00060560795TRLO0

LSE

38

384.50

 09:46:20

00060560796TRLO0

LSE

177

384.50

 09:46:21

00060560797TRLO0

LSE

724

384.50

 09:46:21

00060560798TRLO0

LSE

1565

384.00

 09:52:24

00060561208TRLO0

LSE

451

385.50

 10:15:15

00060561894TRLO0

LSE

790

385.50

 10:15:15

00060561895TRLO0

LSE

550

385.50

 10:15:15

00060561896TRLO0

LSE

2150

385.50

 10:29:53

00060562838TRLO0

LSE

1000

385.50

 11:02:27

00060564010TRLO0

LSE

592

385.50

 11:02:27

00060564012TRLO0

LSE

510

385.00

 11:19:33

00060564915TRLO0

LSE

1082

385.00

 11:19:33

00060564916TRLO0

LSE

1513

385.00

 11:19:33

00060564917TRLO0

LSE

90

383.50

 11:26:10

00060565187TRLO0

LSE

1557

383.50

 11:26:10

00060565188TRLO0

LSE

503

383.00

 11:40:40

00060565643TRLO0

LSE

480

383.00

 11:55:49

00060565953TRLO0

LSE

87

383.00

 12:09:22

00060566481TRLO0

LSE

335

383.00

 12:09:22

00060566482TRLO0

LSE

215

383.00

 12:09:22

00060566483TRLO0

LSE

1616

383.00

 12:09:22

00060566484TRLO0

LSE

576

382.00

 12:14:22

00060566582TRLO0

LSE

506

382.00

 12:18:25

00060566718TRLO0

LSE

508

382.00

 12:18:25

00060566719TRLO0

LSE

372

381.50

 12:46:46

00060567516TRLO0

LSE

470

381.50

 13:04:54

00060568040TRLO0

LSE

245

381.50

 13:06:51

00060568083TRLO0

LSE

536

381.50

 13:06:51

00060568084TRLO0

LSE

1860

381.50

 13:06:51

00060568085TRLO0

LSE

225

381.00

 13:13:31

00060568190TRLO0

LSE

525

381.00

 13:19:43

00060568332TRLO0

LSE

931

381.00

 13:25:48

00060568534TRLO0

LSE

45

381.00

 13:25:48

00060568535TRLO0

LSE

1625

381.00

 13:25:48

00060568536TRLO0

LSE

422

380.50

 13:26:04

00060568546TRLO0

LSE

876

380.50

 13:54:48

00060569490TRLO0

LSE

292

380.50

 13:54:48

00060569491TRLO0

LSE

1668

380.50

 13:54:48

00060569492TRLO0

LSE

176

380.50

 13:54:48

00060569493TRLO0

LSE

202

379.50

 14:11:52

00060570151TRLO0

LSE

61

379.50

 14:11:52

00060570152TRLO0

LSE

465

379.50

 14:20:25

00060570432TRLO0

LSE

1780

379.50

 14:20:25

00060570433TRLO0

LSE

495

379.00

 14:30:07

00060570758TRLO0

LSE

507

379.00

 14:32:43

00060570944TRLO0

LSE

301

379.00

 14:33:13

00060570967TRLO0

LSE

437

379.00

 14:35:19

00060571050TRLO0

LSE

321

379.00

 14:38:10

00060571156TRLO0

LSE

149

379.00

 14:38:10

00060571157TRLO0

LSE

479

379.00

 14:41:34

00060571403TRLO0

LSE

1130

379.00

 14:41:34

00060571404TRLO0

LSE

1600

380.50

 14:59:17

00060572138TRLO0

LSE

373

381.00

 15:01:32

00060572247TRLO0

LSE

497

381.00

 15:01:32

00060572248TRLO0

LSE

1814

382.50

 15:02:00

00060572262TRLO0

LSE

70

382.50

 15:02:10

00060572267TRLO0

LSE

523

383.50

 15:08:18

00060572582TRLO0

LSE

10226

383.50

 15:08:18

00060572583TRLO0

LSE

576

383.50

 15:08:18

00060572584TRLO0

LSE

3200

383.50

 15:08:18

00060572585TRLO0

LSE

800

383.50

 15:08:18

00060572586TRLO0

LSE

89

383.50

 15:08:18

00060572587TRLO0

LSE

625

383.50

 15:08:18

00060572588TRLO0

LSE

135

383.50

 15:08:18

00060572589TRLO0

LSE

1730

381.50

 15:13:20

00060572801TRLO0

LSE

339

380.00

 15:25:59

00060573433TRLO0

LSE

1513

380.00

 15:29:25

00060573548TRLO0

LSE

1790

380.00

 15:29:25

00060573549TRLO0

LSE

238

380.00

 15:44:16

00060574266TRLO0

LSE

492

380.00

 15:46:17

00060574376TRLO0

LSE

472

380.00

 15:48:17

00060574462TRLO0

LSE

466

380.00

 15:50:20

00060574593TRLO0

LSE

1853

380.00

 15:50:20

00060574596TRLO0

LSE

263

380.00

 15:50:20

00060574598TRLO0

LSE

800

380.00

 15:50:20

00060574600TRLO0

LSE

776

380.00

 15:50:20

00060574603TRLO0

LSE

44

379.00

 15:50:35

00060574656TRLO0

LSE

517

379.00

 15:53:31

00060574849TRLO0

LSE

843

379.00

 15:53:31

00060574850TRLO0

LSE

476

379.00

 15:56:20

00060575099TRLO0

LSE

526

379.00

 15:59:05

00060575331TRLO0

LSE

94

379.00

 16:00:00

00060575413TRLO0

LSE

289

379.00

 16:01:00

00060575587TRLO0

LSE

1353

379.00

 16:01:12

00060575606TRLO0

LSE

409

379.00

 16:01:12

00060575607TRLO0

LSE

1191

379.00

 16:01:12

00060575608TRLO0

LSE

671

379.00

 16:01:12

00060575609TRLO0

LSE

41

379.00

 16:01:28

00060575637TRLO0

LSE

14

379.00

 16:01:28

00060575638TRLO0

LSE

1784

378.50

 16:10:44

00060576662TRLO0

LSE

1750

378.50

 16:10:44

00060576663TRLO0

LSE

1863

378.50

 16:10:44

00060576664TRLO0

LSE

206

378.00

 16:17:48

00060577283TRLO0

LSE

432

378.00

 16:18:28

00060577334TRLO0

LSE

305

378.00

 16:21:07

00060577588TRLO0

LSE

513

378.00

 16:21:17

00060577603TRLO0

LSE

21

378.00

 16:21:18

00060577604TRLO0

LSE

20

378.00

 16:21:22

00060577614TRLO0

LSE

295

378.00

 16:23:59

00060577856TRLO0

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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