RNS Number : 6835W
Redde Northgate PLC
22 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

22 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 19 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

:  100,000

Weighted average purchase price paid

:  377.9246 pence per share

Highest purchase price paid

:  380 pence per share

Lowest purchase price paid

:  375.5 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 8,130,984 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 237,960,439, 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 19 August 2022)

 

 

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

1696

377.00

 08:18:23

00060604698TRLO0

LSE

12

378.00

 08:45:05

00060605269TRLO0

LSE

422

378.00

 08:45:05

00060605270TRLO0

LSE

1739

378.00

 08:45:05

00060605271TRLO0

LSE

1578

377.00

 09:09:33

00060606243TRLO0

LSE

1542

376.50

 09:30:29

00060606838TRLO0

LSE

173

376.00

 09:37:30

00060607040TRLO0

LSE

1627

376.00

 09:37:30

00060607041TRLO0

LSE

392

376.00

 09:37:30

00060607044TRLO0

LSE

800

376.00

 09:37:30

00060607043TRLO0

LSE

800

376.00

 09:37:30

00060607042TRLO0

LSE

51

375.50

 09:57:48

00060607640TRLO0

LSE

663

378.00

 10:04:56

00060607981TRLO0

LSE

1668

378.00

 10:04:56

00060607980TRLO0

LSE

2039

378.00

 10:04:56

00060607982TRLO0

LSE

1668

378.00

 10:04:56

00060607983TRLO0

LSE

36

378.00

 10:04:56

00060607984TRLO0

LSE

3137

378.00

 10:04:56

00060607986TRLO0

LSE

3405

378.00

 10:04:56

00060607985TRLO0

LSE

800

377.50

 10:06:00

00060608022TRLO0

LSE

907

377.50

 10:06:00

00060608021TRLO0

LSE

1519

377.50

 10:07:45

00060608071TRLO0

LSE

1669

378.00

 10:24:47

00060608840TRLO0

LSE

223

380.00

 11:25:08

00060610134TRLO0

LSE

658

380.00

 11:25:08

00060610130TRLO0

LSE

777

380.00

 11:25:08

00060610132TRLO0

LSE

1600

380.00

 11:25:08

00060610131TRLO0

LSE

1644

380.00

 11:25:08

00060610133TRLO0

LSE

1841

380.00

 11:25:08

00060610135TRLO0

LSE

52

379.50

 11:37:09

00060610341TRLO0

LSE

466

379.50

 11:37:09

00060610343TRLO0

LSE

754

379.50

 11:37:09

00060610342TRLO0

LSE

230

379.00

 12:05:35

00060610780TRLO0

LSE

286

380.00

 12:08:36

00060610836TRLO0

LSE

286

380.00

 12:08:36

00060610835TRLO0

LSE

1071

380.00

 12:08:36

00060610834TRLO0

LSE

305

379.00

 12:10:45

00060610874TRLO0

LSE

316

379.00

 12:13:55

00060610954TRLO0

LSE

318

379.00

 12:17:15

00060611068TRLO0

LSE

305

379.00

 12:20:35

00060611184TRLO0

LSE

316

379.00

 12:23:45

00060611279TRLO0

LSE

24

379.00

 12:27:05

00060611369TRLO0

LSE

282

379.00

 12:27:05

00060611370TRLO0

LSE

1565

379.00

 12:27:05

00060611371TRLO0

LSE

305

378.50

 12:30:45

00060611499TRLO0

LSE

328

378.50

 12:33:25

00060611559TRLO0

LSE

317

378.50

 12:36:55

00060611675TRLO0

LSE

904

378.50

 12:36:55

00060611676TRLO0

LSE

46

378.00

 12:43:35

00060611853TRLO0

LSE

309

378.00

 12:46:55

00060611911TRLO0

LSE

305

378.00

 12:50:15

00060612030TRLO0

LSE

501

378.00

 12:52:05

00060612069TRLO0

LSE

305

378.00

 12:53:25

00060612135TRLO0

LSE

1579

379.00

 13:35:08

00060613384TRLO0

LSE

462

378.50

 13:53:04

00060613941TRLO0

LSE

317

378.50

 13:59:18

00060614116TRLO0

LSE

800

378.50

 13:59:18

00060614115TRLO0

LSE

1786

378.50

 13:59:18

00060614117TRLO0

LSE

500

378.00

 14:00:50

00060614181TRLO0

LSE

1561

378.00

 14:10:26

00060614422TRLO0

LSE

484

377.50

 14:18:29

00060614721TRLO0

LSE

534

377.50

 14:30:17

00060615167TRLO0

LSE

29

379.00

 14:35:35

00060615550TRLO0

LSE

1668

379.00

 14:39:23

00060615723TRLO0

LSE

390

379.00

 14:41:33

00060615899TRLO0

LSE

1436

379.00

 14:41:33

00060615900TRLO0

LSE

1741

378.50

 14:43:55

00060616231TRLO0

LSE

1877

378.50

 14:43:55

00060616232TRLO0

LSE

409

377.50

 14:51:32

00060616841TRLO0

LSE

683

377.50

 14:51:32

00060616840TRLO0

LSE

696

377.50

 14:51:32

00060616842TRLO0

LSE

534

377.00

 15:03:44

00060617422TRLO0

LSE

521

377.00

 15:06:50

00060617614TRLO0

LSE

457

377.00

 15:09:32

00060617772TRLO0

LSE

148

378.00

 15:22:58

00060618756TRLO0

LSE

1360

378.00

 15:22:58

00060618757TRLO0

LSE

265

377.50

 15:24:58

00060618832TRLO0

LSE

25000

377.50

 15:27:57

00060618966TRLO0

LSE

276

377.50

 15:35:35

00060619345TRLO0

LSE

1409

377.50

 15:35:35

00060619346TRLO0

LSE

407

377.00

 15:44:23

00060619604TRLO0

LSE

515

377.00

 15:46:47

00060619663TRLO0

LSE

497

377.00

 15:49:17

00060619727TRLO0

LSE

366

377.00

 15:50:41

00060619779TRLO0

LSE

273

377.00

 15:51:44

00060619809TRLO0

LSE

412

377.00

 15:51:44

00060619810TRLO0

LSE

1237

377.00

 15:51:44

00060619811TRLO0

LSE

555

377.00

 15:51:44

00060619813TRLO0

LSE

1235

377.00

 15:51:44

00060619812TRLO0

LSE

1679

377.00

 16:01:23

00060620422TRLO0

LSE

220

377.00

 16:06:59

00060620711TRLO0

LSE

700

377.00

 16:06:59

00060620712TRLO0

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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