RNS Number : 9857W
Redde Northgate PLC
24 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

24 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 23 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

:  110,000

Weighted average purchase price paid

:  353.6168 pence per share

Highest purchase price paid

:  358 pence per share

Lowest purchase price paid

:  349.5 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 8,440,984 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 237,650,439, 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 23 August 2022)

 

 

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

1262

356.00

 08:16:33

00060648832TRLO0

LSE

1597

356.50

 08:16:33

00060648833TRLO0

LSE

395

356.00

 08:16:33

00060648834TRLO0

LSE

1559

355.00

 08:16:46

00060648840TRLO0

LSE

1826

354.50

 08:18:02

00060648871TRLO0

LSE

1729

357.50

 08:21:22

00060649011TRLO0

LSE

116

357.50

 08:21:22

00060649013TRLO0

LSE

1873

357.50

 08:21:50

00060649025TRLO0

LSE

1787

358.00

 08:25:47

00060649101TRLO0

LSE

1787

358.00

 08:25:47

00060649102TRLO0

LSE

756

358.00

 08:25:47

00060649103TRLO0

LSE

1695

358.00

 08:25:47

00060649104TRLO0

LSE

1964

358.00

 08:25:47

00060649105TRLO0

LSE

1795

357.00

 08:26:39

00060649137TRLO0

LSE

249

355.50

 08:27:49

00060649172TRLO0

LSE

1514

355.50

 08:27:49

00060649170TRLO0

LSE

1686

354.50

 08:45:27

00060649534TRLO0

LSE

25

354.50

 08:45:27

00060649535TRLO0

LSE

1896

354.00

 09:13:11

00060650226TRLO0

LSE

1746

353.50

 09:30:33

00060650631TRLO0

LSE

1641

355.00

 09:46:26

00060651092TRLO0

LSE

21

355.00

 09:46:26

00060651089TRLO0

LSE

1842

354.50

 10:01:28

00060651437TRLO0

LSE

1897

354.50

 10:28:41

00060652268TRLO0

LSE

344

354.00

 10:36:38

00060652516TRLO0

LSE

706

354.00

 10:36:43

00060652517TRLO0

LSE

686

354.00

 10:36:43

00060652518TRLO0

LSE

845

354.00

 10:45:07

00060652833TRLO0

LSE

1000

354.00

 10:45:07

00060652832TRLO0

LSE

863

353.50

 10:49:25

00060652997TRLO0

LSE

426

353.50

 11:17:54

00060653852TRLO0

LSE

482

353.50

 11:17:54

00060653851TRLO0

LSE

1560

352.50

 11:22:46

00060654053TRLO0

LSE

333

352.50

 11:51:09

00060654938TRLO0

LSE

800

352.50

 11:51:09

00060654937TRLO0

LSE

660

352.50

 11:51:09

00060654936TRLO0

LSE

1451

352.50

 12:32:40

00060656894TRLO0

LSE

370

352.50

 12:32:40

00060656899TRLO0

LSE

77

351.00

 12:56:07

00060657959TRLO0

LSE

1564

351.00

 12:56:07

00060657958TRLO0

LSE

1557

351.50

 13:30:38

00060659077TRLO0

LSE

1772

351.00

 13:38:30

00060659283TRLO0

LSE

774

349.50

 13:45:33

00060659517TRLO0

LSE

1678

352.50

 14:01:30

00060660181TRLO0

LSE

217

352.00

 14:10:27

00060660528TRLO0

LSE

320

352.00

 14:10:37

00060660531TRLO0

LSE

335

352.00

 14:10:47

00060660539TRLO0

LSE

324

352.50

 14:22:57

00060661162TRLO0

LSE

1751

352.50

 14:25:56

00060661280TRLO0

LSE

1437

352.50

 14:25:56

00060661279TRLO0

LSE

150

352.50

 14:25:57

00060661281TRLO0

LSE

321

352.00

 14:36:28

00060661860TRLO0

LSE

99

352.00

 14:38:07

00060661949TRLO0

LSE

1497

352.00

 14:38:07

00060661948TRLO0

LSE

903

352.00

 14:38:07

00060661947TRLO0

LSE

320

352.00

 14:38:07

00060661946TRLO0

LSE

442

352.00

 14:38:07

00060661950TRLO0

LSE

1480

351.50

 14:44:46

00060662563TRLO0

LSE

359

351.50

 14:44:46

00060662562TRLO0

LSE

320

353.00

 14:54:53

00060663326TRLO0

LSE

330

353.00

 14:56:37

00060663427TRLO0

LSE

1326

353.00

 15:00:06

00060663586TRLO0

LSE

1600

353.00

 15:00:06

00060663585TRLO0

LSE

1084

353.00

 15:00:07

00060663592TRLO0

LSE

146

353.00

 15:00:07

00060663591TRLO0

LSE

323

353.00

 15:00:07

00060663590TRLO0

LSE

1566

353.50

 15:01:19

00060663671TRLO0

LSE

834

353.50

 15:01:19

00060663670TRLO0

LSE

737

353.50

 15:01:19

00060663669TRLO0

LSE

1039

353.00

 15:03:20

00060663776TRLO0

LSE

613

353.00

 15:03:20

00060663775TRLO0

LSE

1631

354.00

 15:12:03

00060664432TRLO0

LSE

606

354.00

 15:12:09

00060664437TRLO0

LSE

506

354.00

 15:12:47

00060664483TRLO0

LSE

1735

353.50

 15:13:07

00060664520TRLO0

LSE

1799

353.50

 15:15:48

00060664716TRLO0

LSE

939

353.50

 15:15:48

00060664715TRLO0

LSE

545

353.50

 15:15:48

00060664714TRLO0

LSE

163

353.50

 15:15:48

00060664713TRLO0

LSE

410

353.50

 15:15:48

00060664717TRLO0

LSE

815

353.50

 15:16:48

00060664769TRLO0

LSE

366

353.50

 15:16:48

00060664768TRLO0

LSE

494

353.50

 15:20:48

00060664993TRLO0

LSE

448

354.50

 15:26:26

00060665315TRLO0

LSE

184

354.00

 15:33:48

00060665810TRLO0

LSE

1637

354.00

 15:35:33

00060665931TRLO0

LSE

1596

354.00

 15:35:33

00060665930TRLO0

LSE

3

354.00

 15:37:33

00060666090TRLO0

LSE

650

354.00

 15:37:33

00060666089TRLO0

LSE

664

354.00

 15:38:00

00060666139TRLO0

LSE

443

354.00

 15:38:00

00060666138TRLO0

LSE

30

353.00

 15:45:09

00060666531TRLO0

LSE

50

353.00

 15:45:13

00060666537TRLO0

LSE

602

353.00

 15:46:58

00060666656TRLO0

LSE

74

353.00

 15:47:10

00060666660TRLO0

LSE

37

353.00

 15:47:14

00060666672TRLO0

LSE

41

353.00

 15:47:18

00060666676TRLO0

LSE

671

353.00

 15:47:21

00060666678TRLO0

LSE

41

353.00

 15:47:22

00060666679TRLO0

LSE

563

353.00

 15:47:22

00060666680TRLO0

LSE

338

353.00

 15:48:30

00060666728TRLO0

LSE

479

353.00

 15:48:30

00060666729TRLO0

LSE

49

353.00

 15:50:30

00060666802TRLO0

LSE

230

353.00

 15:50:30

00060666801TRLO0

LSE

44

353.00

 15:50:30

00060666800TRLO0

LSE

319

352.50

 15:53:30

00060667019TRLO0

LSE

1741

352.50

 15:54:09

00060667177TRLO0

LSE

1240

352.50

 15:54:09

00060667176TRLO0

LSE

115

352.50

 16:00:06

00060667647TRLO0

LSE

1600

352.50

 16:00:06

00060667646TRLO0

LSE

707

352.00

 16:00:34

00060667710TRLO0

LSE

1129

352.00

 16:00:34

00060667711TRLO0

LSE

321

351.50

 16:00:37

00060667712TRLO0

LSE

338

351.50

 16:00:38

00060667714TRLO0

LSE

526

351.50

 16:00:38

00060667715TRLO0

LSE

329

351.50

 16:00:58

00060667777TRLO0

LSE

316

351.50

 16:01:11

00060667813TRLO0

LSE

23

351.50

 16:07:30

00060668318TRLO0

LSE

326

351.50

 16:07:38

00060668324TRLO0

LSE

413

351.50

 16:07:47

00060668334TRLO0

LSE

915

351.50

 16:08:28

00060668368TRLO0

LSE

29

351.50

 16:08:30

00060668370TRLO0

LSE

1615

351.50

 16:08:30

00060668369TRLO0

LSE

180

351.50

 16:11:30

00060668532TRLO0

LSE

322

351.50

 16:11:30

00060668533TRLO0

LSE

808

351.50

 16:11:32

00060668536TRLO0

LSE

351

351.50

 16:11:32

00060668537TRLO0

LSE

44

351.50

 16:11:33

00060668542TRLO0

LSE

662

351.50

 16:13:37

00060668716TRLO0

LSE

328

351.50

 16:13:38

00060668718TRLO0

LSE

697

351.50

 16:13:39

00060668719TRLO0

LSE

159

351.50

 16:15:08

00060668875TRLO0

LSE

172

351.50

 16:15:21

00060668900TRLO0

LSE

86

351.50

 16:15:21

00060668901TRLO0

LSE

139

351.50

 16:15:27

00060668907TRLO0

LSE

1341

351.50

 16:15:30

00060668914TRLO0

LSE

97

351.50

 16:16:32

00060669016TRLO0

LSE

200

351.50

 16:18:33

00060669273TRLO0

LSE

334

351.50

 16:18:38

00060669286TRLO0

LSE

351

351.50

 16:21:32

00060669507TRLO0

LSE

289

351.50

 16:21:42

00060669513TRLO0

LSE

548

351.50

 16:21:42

00060669512TRLO0

LSE

320

351.50

 16:21:58

00060669542TRLO0

LSE

887

351.50

 16:23:16

00060669634TRLO0

LSE

229

351.50

 16:23:19

00060669636TRLO0

LSE

92

351.50

 16:23:19

00060669635TRLO0

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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