RNS Number : 5336W
Redde Northgate PLC
19 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

19 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 18 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

:  379.8147 pence per share

Highest purchase price paid

:  382 pence per share

Lowest purchase price paid

:  376.5 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 8,030,984 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 238,060,439, 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 18 August 2022)

 

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

1600

380.50

 08:38:56

00060581445TRLO0

LSE

1517

380.50

 08:38:56

00060581446TRLO0

LSE

1223

381.00

 08:43:23

00060581746TRLO0

LSE

598

381.00

 08:43:23

00060581747TRLO0

LSE

800

381.00

 08:50:53

00060582193TRLO0

LSE

845

381.00

 08:50:53

00060582194TRLO0

LSE

1645

380.50

 08:52:48

00060582282TRLO0

LSE

467

379.50

 09:10:22

00060583300TRLO0

LSE

300

379.50

 09:10:22

00060583301TRLO0

LSE

613

379.50

 09:10:22

00060583302TRLO0

LSE

181

379.50

 09:10:22

00060583303TRLO0

LSE

800

379.00

 09:18:23

00060583755TRLO0

LSE

715

379.00

 09:18:23

00060583756TRLO0

LSE

523

377.50

 09:23:40

00060584040TRLO0

LSE

662

377.50

 09:24:02

00060584076TRLO0

LSE

320

377.50

 09:24:02

00060584077TRLO0

LSE

522

376.50

 09:44:30

00060584639TRLO0

LSE

503

376.50

 10:01:03

00060585231TRLO0

LSE

501

376.50

 10:11:54

00060585727TRLO0

LSE

599

377.50

 10:26:05

00060586202TRLO0

LSE

488

377.50

 10:26:05

00060586203TRLO0

LSE

632

377.50

 10:26:05

00060586204TRLO0

LSE

663

377.00

 10:30:09

00060586342TRLO0

LSE

1092

377.00

 10:30:09

00060586343TRLO0

LSE

185

377.00

 10:30:09

00060586344TRLO0

LSE

201

376.50

 10:39:57

00060586803TRLO0

LSE

533

376.50

 10:45:39

00060587029TRLO0

LSE

1519

377.50

 10:47:29

00060587081TRLO0

LSE

328

377.00

 10:48:38

00060587134TRLO0

LSE

302

377.00

 10:51:47

00060587247TRLO0

LSE

423

377.00

 10:57:49

00060587475TRLO0

LSE

1088

378.00

 11:09:40

00060588055TRLO0

LSE

4076

379.00

 11:17:19

00060588246TRLO0

LSE

1004

379.00

 11:41:16

00060588695TRLO0

LSE

360

379.00

 11:41:16

00060588696TRLO0

LSE

590

379.50

 11:42:27

00060588717TRLO0

LSE

319

379.50

 11:42:27

00060588718TRLO0

LSE

396

379.50

 11:42:27

00060588719TRLO0

LSE

366

379.50

 11:42:27

00060588720TRLO0

LSE

936

379.50

 11:42:27

00060588721TRLO0

LSE

83

379.00

 11:56:10

00060588945TRLO0

LSE

256

379.00

 12:26:19

00060589523TRLO0

LSE

482

379.00

 12:29:38

00060589709TRLO0

LSE

868

379.00

 12:29:38

00060589710TRLO0

LSE

1576

379.00

 12:29:38

00060589711TRLO0

LSE

1556

379.00

 12:29:38

00060589712TRLO0

LSE

200

379.00

 12:29:38

00060589713TRLO0

LSE

1330

380.00

 12:53:48

00060590370TRLO0

LSE

470

380.00

 12:53:48

00060590371TRLO0

LSE

482

379.50

 13:15:12

00060591115TRLO0

LSE

659

379.50

 13:20:12

00060591246TRLO0

LSE

500

379.50

 13:20:12

00060591247TRLO0

LSE

459

379.50

 13:21:03

00060591275TRLO0

LSE

1102

379.50

 13:25:50

00060591458TRLO0

LSE

1862

379.50

 13:25:50

00060591459TRLO0

LSE

1038

380.50

 13:47:02

00060592355TRLO0

LSE

525

380.50

 13:47:02

00060592356TRLO0

LSE

1586

380.50

 13:47:02

00060592357TRLO0

LSE

1816

380.00

 13:48:02

00060592413TRLO0

LSE

519

380.00

 14:08:24

00060593415TRLO0

LSE

1788

381.00

 14:26:04

00060594452TRLO0

LSE

943

380.50

 14:26:04

00060594453TRLO0

LSE

33

380.50

 14:26:10

00060594463TRLO0

LSE

588

380.50

 14:30:36

00060594773TRLO0

LSE

1012

380.50

 14:30:36

00060594774TRLO0

LSE

696

380.50

 14:30:36

00060594775TRLO0

LSE

800

380.00

 14:33:48

00060595140TRLO0

LSE

884

380.00

 14:33:48

00060595141TRLO0

LSE

897

381.00

 14:49:12

00060596572TRLO0

LSE

842

381.00

 14:49:12

00060596573TRLO0

LSE

472

381.00

 14:59:42

00060597311TRLO0

LSE

1593

382.00

 15:06:01

00060597852TRLO0

LSE

523

382.00

 15:06:02

00060597853TRLO0

LSE

1197

382.00

 15:06:02

00060597854TRLO0

LSE

1546

382.00

 15:11:02

00060598359TRLO0

LSE

1546

381.50

 15:11:50

00060598466TRLO0

LSE

521

381.00

 15:13:01

00060598598TRLO0

LSE

514

381.00

 15:18:43

00060599046TRLO0

LSE

475

381.00

 15:21:48

00060599296TRLO0

LSE

453

381.50

 15:22:26

00060599335TRLO0

LSE

93

381.50

 15:22:36

00060599336TRLO0

LSE

477

381.50

 15:22:36

00060599337TRLO0

LSE

492

381.50

 15:24:24

00060599380TRLO0

LSE

1802

381.00

 15:34:34

00060599780TRLO0

LSE

1603

380.50

 15:35:58

00060599844TRLO0

LSE

12

380.50

 15:35:58

00060599845TRLO0

LSE

422

380.00

 15:40:30

00060600015TRLO0

LSE

868

380.00

 15:42:24

00060600071TRLO0

LSE

390

380.00

 15:42:34

00060600086TRLO0

LSE

172

379.00

 15:56:25

00060600793TRLO0

LSE

439

379.00

 16:00:27

00060601037TRLO0

LSE

190

380.50

 16:02:46

00060601142TRLO0

LSE

107

380.50

 16:02:46

00060601143TRLO0

LSE

133

380.50

 16:02:46

00060601144TRLO0

LSE

24

380.50

 16:02:46

00060601145TRLO0

LSE

29

380.50

 16:02:46

00060601146TRLO0

LSE

69

380.50

 16:02:46

00060601147TRLO0

LSE

1633

380.00

 16:02:49

00060601149TRLO0

LSE

210

380.00

 16:03:49

00060601198TRLO0

LSE

1092

380.00

 16:04:49

00060601256TRLO0

LSE

133

379.50

 16:11:33

00060601632TRLO0

LSE

303

379.50

 16:17:52

00060602194TRLO0

LSE

330

379.50

 16:17:53

00060602195TRLO0

LSE

1575

380.50

 16:21:48

00060602447TRLO0

LSE

1566

380.50

 16:21:48

00060602448TRLO0

LSE

709

380.50

 16:22:48

00060602529TRLO0

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

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