RNS Number : 8348W
Redde Northgate PLC
23 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

23 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 22 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

:  200,000

Weighted average purchase price paid

:  358.4852 pence per share

Highest purchase price paid

:  366 pence per share

Lowest purchase price paid

:  352 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 8,330,984 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 237,760,439, 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 22 August 2022)

 

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

50000

366.00

 08:50:42

00060625465TRLO0

LSE

1782

365.50

 09:00:35

00060625701TRLO0

LSE

1737

364.50

 09:00:35

00060625702TRLO0

LSE

1961

363.50

 09:03:11

00060625853TRLO0

LSE

605

362.50

 09:05:35

00060625944TRLO0

LSE

58

363.50

 09:15:52

00060626866TRLO0

LSE

1381

363.50

 09:15:52

00060626867TRLO0

LSE

690

363.00

 09:16:00

00060626903TRLO0

LSE

652

363.00

 09:17:49

00060627082TRLO0

LSE

284

363.00

 09:17:49

00060627081TRLO0

LSE

1020

365.00

 09:47:35

00060628096TRLO0

LSE

312

365.00

 09:47:35

00060628095TRLO0

LSE

997

364.50

 10:00:28

00060628525TRLO0

LSE

342

364.50

 10:04:07

00060628628TRLO0

LSE

606

364.50

 10:04:07

00060628630TRLO0

LSE

189

364.50

 10:04:07

00060628629TRLO0

LSE

329

365.00

 10:16:50

00060628958TRLO0

LSE

14

365.00

 10:16:50

00060628957TRLO0

LSE

211

364.50

 10:21:10

00060629078TRLO0

LSE

103

364.50

 10:21:10

00060629080TRLO0

LSE

2210

364.50

 10:21:10

00060629079TRLO0

LSE

1590

364.00

 10:23:18

00060629203TRLO0

LSE

1645

361.50

 10:39:37

00060629864TRLO0

LSE

1138

360.00

 11:12:49

00060631197TRLO0

LSE

386

357.00

 11:24:42

00060631527TRLO0

LSE

283

357.00

 11:27:55

00060631616TRLO0

LSE

219

357.00

 11:30:58

00060631774TRLO0

LSE

782

357.00

 11:30:58

00060631773TRLO0

LSE

1195

359.50

 12:05:33

00060632804TRLO0

LSE

519

359.50

 12:10:40

00060632949TRLO0

LSE

499

359.00

 12:49:54

00060633871TRLO0

LSE

497

359.00

 13:00:47

00060634232TRLO0

LSE

447

359.00

 13:15:09

00060634668TRLO0

LSE

521

359.00

 13:15:09

00060634667TRLO0

LSE

578

359.00

 13:15:09

00060634666TRLO0

LSE

42

359.00

 13:15:09

00060634665TRLO0

LSE

524

359.00

 13:15:09

00060634664TRLO0

LSE

1752

358.50

 13:15:09

00060634669TRLO0

LSE

484

354.00

 13:31:39

00060635396TRLO0

LSE

1271

354.50

 13:45:19

00060635916TRLO0

LSE

299

354.50

 13:45:19

00060635915TRLO0

LSE

770

354.00

 13:46:27

00060635983TRLO0

LSE

840

353.00

 13:49:39

00060636215TRLO0

LSE

50000

355.75

 14:18:19

00060637073TRLO0

LSE

2330

354.50

 14:33:44

00060638112TRLO0

LSE

102

354.50

 14:33:44

00060638114TRLO0

LSE

2322

354.50

 14:33:44

00060638122TRLO0

LSE

1856

354.00

 14:35:42

00060638320TRLO0

LSE

245

354.00

 14:48:10

00060639033TRLO0

LSE

1547

355.00

 15:01:10

00060639854TRLO0

LSE

299

354.50

 15:09:23

00060640260TRLO0

LSE

457

354.50

 15:09:23

00060640263TRLO0

LSE

1180

354.50

 15:09:23

00060640262TRLO0

LSE

1385

354.50

 15:09:23

00060640261TRLO0

LSE

22

354.50

 15:09:23

00060640264TRLO0

LSE

436

354.50

 15:09:23

00060640269TRLO0

LSE

441

354.50

 15:09:23

00060640268TRLO0

LSE

157

354.50

 15:09:23

00060640267TRLO0

LSE

189

354.50

 15:09:23

00060640266TRLO0

LSE

851

354.50

 15:09:23

00060640265TRLO0

LSE

2423

353.50

 15:11:31

00060640396TRLO0

LSE

260

353.50

 15:11:32

00060640398TRLO0

LSE

312

353.50

 15:11:32

00060640397TRLO0

LSE

1040

353.50

 15:11:32

00060640399TRLO0

LSE

324

353.50

 15:11:32

00060640400TRLO0

LSE

710

353.50

 15:11:32

00060640401TRLO0

LSE

77

353.50

 15:11:39

00060640406TRLO0

LSE

678

353.50

 15:11:39

00060640405TRLO0

LSE

590

353.50

 15:11:39

00060640404TRLO0

LSE

111

353.50

 15:11:39

00060640403TRLO0

LSE

1689

353.00

 15:13:55

00060640520TRLO0

LSE

827

352.50

 15:25:53

00060641191TRLO0

LSE

1604

352.50

 15:25:53

00060641190TRLO0

LSE

1505

352.50

 15:25:53

00060641189TRLO0

LSE

104

353.00

 15:25:53

00060641198TRLO0

LSE

141

353.00

 15:25:53

00060641197TRLO0

LSE

505

353.00

 15:25:53

00060641196TRLO0

LSE

995

353.00

 15:25:53

00060641195TRLO0

LSE

2645

353.00

 15:25:53

00060641194TRLO0

LSE

472

353.00

 15:25:53

00060641193TRLO0

LSE

600

353.00

 15:25:53

00060641192TRLO0

LSE

1573

352.00

 15:34:52

00060642067TRLO0

LSE

1661

352.00

 15:34:52

00060642066TRLO0

LSE

1507

352.00

 15:35:13

00060642095TRLO0

LSE

1512

352.00

 15:35:13

00060642094TRLO0

LSE

1651

352.00

 15:35:13

00060642097TRLO0

LSE

530

352.00

 15:35:13

00060642096TRLO0

LSE

494

353.50

 15:50:34

00060643214TRLO0

LSE

1701

353.50

 15:50:34

00060643213TRLO0

LSE

1526

354.50

 15:59:22

00060644129TRLO0

LSE

665

354.50

 15:59:22

00060644128TRLO0

LSE

1031

354.50

 15:59:22

00060644127TRLO0

LSE

1616

354.50

 15:59:22

00060644126TRLO0

LSE

1656

354.50

 15:59:22

00060644125TRLO0

LSE

4013

354.50

 15:59:22

00060644124TRLO0

LSE

1345

354.50

 15:59:22

00060644131TRLO0

LSE

500

354.50

 15:59:22

00060644130TRLO0

LSE

766

354.00

 16:05:50

00060644731TRLO0

LSE

188

354.00

 16:07:53

00060644875TRLO0

LSE

654

354.00

 16:07:53

00060644876TRLO0

LSE

706

354.00

 16:10:00

00060645019TRLO0

LSE

152

354.00

 16:10:00

00060645021TRLO0

LSE

706

354.00

 16:10:00

00060645020TRLO0

LSE

172

354.00

 16:15:37

00060645502TRLO0

LSE

1671

354.00

 16:18:08

00060645738TRLO0

LSE

1698

354.00

 16:18:08

00060645737TRLO0

LSE

2095

354.00

 16:18:08

00060645736TRLO0

LSE

987

354.00

 16:18:08

00060645735TRLO0

LSE

342

354.00

 16:18:08

00060645734TRLO0

LSE

120

354.00

 16:20:08

00060645881TRLO0

LSE

1061

354.00

 16:20:08

00060645880TRLO0

LSE

1063

354.00

 16:20:08

00060645879TRLO0

LSE

996

354.00

 16:20:08

00060645878TRLO0

LSE

447

354.00

 16:20:08

00060645877TRLO0

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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