RNS Number : 1431X
Redde Northgate PLC
25 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

25 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 24 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

:  350.7348 pence per share

Highest purchase price paid

:  355 pence per share

Lowest purchase price paid

:  346.5 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 8,640,984 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 237,450,439, 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 24 August 2022)

 

 

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

1800

349.50

 08:17:18

00060672070TRLO0

LSE

467

349.50

 08:17:18

00060672069TRLO0

LSE

1039

348.50

 08:21:56

00060672182TRLO0

LSE

1052

348.50

 08:21:56

00060672183TRLO0

LSE

1764

347.50

 08:30:26

00060672489TRLO0

LSE

1521

346.50

 08:33:16

00060672682TRLO0

LSE

1258

348.00

 08:47:50

00060673375TRLO0

LSE

244

348.00

 08:47:50

00060673376TRLO0

LSE

1793

348.00

 08:50:49

00060673463TRLO0

LSE

1495

347.50

 08:56:01

00060673628TRLO0

LSE

1846

351.00

 09:32:31

00060674690TRLO0

LSE

1100

351.00

 09:32:31

00060674691TRLO0

LSE

914

351.00

 09:32:31

00060674692TRLO0

LSE

1771

351.50

 09:42:00

00060675170TRLO0

LSE

276

351.00

 09:51:42

00060675703TRLO0

LSE

1365

351.00

 09:51:42

00060675704TRLO0

LSE

1351

350.50

 09:51:42

00060675708TRLO0

LSE

1400

353.00

 10:06:03

00060676345TRLO0

LSE

3319

353.00

 10:06:03

00060676346TRLO0

LSE

587

352.00

 10:06:06

00060676362TRLO0

LSE

698

352.00

 10:06:06

00060676366TRLO0

LSE

667

352.00

 10:06:25

00060676388TRLO0

LSE

1712

352.00

 10:06:25

00060676389TRLO0

LSE

526

352.00

 10:39:21

00060677441TRLO0

LSE

992

352.00

 10:39:21

00060677442TRLO0

LSE

165

352.00

 10:39:21

00060677443TRLO0

LSE

352

352.00

 10:39:21

00060677444TRLO0

LSE

1061

351.50

 10:39:21

00060677445TRLO0

LSE

746

351.50

 10:39:21

00060677446TRLO0

LSE

1784

350.50

 10:46:33

00060677691TRLO0

LSE

1490

349.50

 10:46:33

00060677692TRLO0

LSE

1698

350.00

 10:46:33

00060677693TRLO0

LSE

1504

349.50

 11:30:25

00060678653TRLO0

LSE

657

349.00

 11:30:25

00060678654TRLO0

LSE

994

349.00

 11:30:28

00060678656TRLO0

LSE

1841

349.00

 11:37:13

00060678848TRLO0

LSE

800

350.00

 12:27:55

00060680098TRLO0

LSE

731

350.00

 12:27:55

00060680099TRLO0

LSE

508

350.50

 12:49:30

00060680718TRLO0

LSE

13

350.50

 12:49:30

00060680719TRLO0

LSE

499

350.50

 12:49:30

00060680720TRLO0

LSE

35

350.50

 12:49:30

00060680723TRLO0

LSE

464

350.50

 12:49:30

00060680725TRLO0

LSE

352

350.50

 12:49:30

00060680726TRLO0

LSE

800

350.00

 12:50:30

00060680776TRLO0

LSE

787

350.00

 12:50:30

00060680777TRLO0

LSE

1806

349.50

 12:54:04

00060680863TRLO0

LSE

40

350.00

 13:23:11

00060682057TRLO0

LSE

368

350.00

 13:23:11

00060682058TRLO0

LSE

333

350.00

 13:23:11

00060682059TRLO0

LSE

450

350.00

 13:23:11

00060682060TRLO0

LSE

109

350.00

 13:23:11

00060682061TRLO0

LSE

5

350.00

 13:23:11

00060682062TRLO0

LSE

330

350.00

 13:23:11

00060682063TRLO0

LSE

658

350.00

 13:23:51

00060682077TRLO0

LSE

360

350.00

 13:23:51

00060682078TRLO0

LSE

601

350.00

 13:36:02

00060682533TRLO0

LSE

410

350.00

 13:36:02

00060682534TRLO0

LSE

2066

349.50

 13:36:13

00060682541TRLO0

LSE

334

349.50

 14:06:02

00060683674TRLO0

LSE

258

350.00

 14:17:50

00060684099TRLO0

LSE

329

350.00

 14:17:50

00060684100TRLO0

LSE

309

350.00

 14:17:50

00060684101TRLO0

LSE

150

350.00

 14:17:50

00060684102TRLO0

LSE

378

350.50

 14:25:00

00060684433TRLO0

LSE

936

350.50

 14:25:00

00060684434TRLO0

LSE

187

350.50

 14:25:00

00060684435TRLO0

LSE

952

350.50

 14:25:00

00060684436TRLO0

LSE

774

350.50

 14:25:00

00060684437TRLO0

LSE

500

350.50

 14:25:20

00060684472TRLO0

LSE

490

350.50

 14:25:20

00060684473TRLO0

LSE

90000

350.00

 14:27:09

00060684545TRLO0

LSE

404

350.50

 14:41:30

00060685214TRLO0

LSE

464

350.50

 14:41:30

00060685215TRLO0

LSE

730

350.50

 14:41:30

00060685216TRLO0

LSE

612

350.50

 14:41:30

00060685217TRLO0

LSE

72

350.50

 14:41:30

00060685218TRLO0

LSE

592

350.50

 14:41:30

00060685219TRLO0

LSE

1600

351.00

 15:05:35

00060686246TRLO0

LSE

178

351.00

 15:05:35

00060686247TRLO0

LSE

143

351.00

 15:12:40

00060686586TRLO0

LSE

948

351.00

 15:12:42

00060686587TRLO0

LSE

398

351.00

 15:12:42

00060686588TRLO0

LSE

942

350.50

 15:14:21

00060686642TRLO0

LSE

566

350.50

 15:14:21

00060686643TRLO0

LSE

1605

350.50

 15:14:21

00060686644TRLO0

LSE

1019

350.50

 15:19:22

00060686825TRLO0

LSE

1532

350.50

 15:23:22

00060686959TRLO0

LSE

1658

350.50

 15:23:22

00060686960TRLO0

LSE

1162

350.50

 15:36:22

00060689233TRLO0

LSE

323

350.50

 15:36:29

00060689241TRLO0

LSE

44

350.50

 15:41:42

00060689568TRLO0

LSE

70

351.50

 15:41:57

00060689584TRLO0

LSE

1180

353.00

 15:42:32

00060689601TRLO0

LSE

37

353.00

 15:42:32

00060689602TRLO0

LSE

1

353.00

 15:42:32

00060689603TRLO0

LSE

198

353.00

 15:44:00

00060689678TRLO0

LSE

3845

353.00

 15:44:00

00060689679TRLO0

LSE

1455

353.00

 15:44:00

00060689680TRLO0

LSE

277

353.00

 15:44:00

00060689681TRLO0

LSE

610

352.00

 15:44:05

00060689685TRLO0

LSE

2630

352.00

 15:44:05

00060689686TRLO0

LSE

9

353.50

 15:56:20

00060690617TRLO0

LSE

1

353.50

 15:56:20

00060690618TRLO0

LSE

800

353.50

 16:00:20

00060690858TRLO0

LSE

842

353.50

 16:00:20

00060690859TRLO0

LSE

1778

353.50

 16:00:20

00060690860TRLO0

LSE

31

353.50

 16:00:20

00060690861TRLO0

LSE

1603

353.50

 16:00:20

00060690862TRLO0

LSE

313

354.00

 16:05:35

00060691187TRLO0

LSE

546

354.00

 16:05:35

00060691188TRLO0

LSE

1186

354.50

 16:07:19

00060691275TRLO0

LSE

351

354.50

 16:07:19

00060691276TRLO0

LSE

470

354.50

 16:07:19

00060691277TRLO0

LSE

1

354.50

 16:07:19

00060691278TRLO0

LSE

2564

354.50

 16:07:31

00060691282TRLO0

LSE

800

354.50

 16:07:31

00060691283TRLO0

LSE

746

354.50

 16:07:31

00060691284TRLO0

LSE

485

354.00

 16:10:05

00060691508TRLO0

LSE

14

354.50

 16:11:01

00060691598TRLO0

LSE

983

354.50

 16:11:01

00060691599TRLO0

LSE

389

354.50

 16:11:01

00060691600TRLO0

LSE

62

354.50

 16:11:01

00060691601TRLO0

LSE

394

354.50

 16:11:01

00060691602TRLO0

LSE

361

354.50

 16:12:01

00060691670TRLO0

LSE

980

354.50

 16:12:01

00060691671TRLO0

LSE

247

354.50

 16:12:01

00060691672TRLO0

LSE

107

354.50

 16:12:01

00060691673TRLO0

LSE

917

355.00

 16:15:32

00060691902TRLO0

LSE

622

355.00

 16:15:32

00060691903TRLO0

LSE

273

355.00

 16:15:32

00060691904TRLO0

LSE

365

355.00

 16:16:37

00060692014TRLO0

LSE

1381

355.00

 16:16:50

00060692028TRLO0

LSE

555

354.50

 16:19:28

00060692375TRLO0

LSE

523

354.50

 16:19:28

00060692376TRLO0

LSE

332

354.50

 16:20:02

00060692431TRLO0

LSE

194

354.50

 16:20:15

00060692453TRLO0

LSE

178

354.50

 16:20:15

00060692454TRLO0

LSE

1141

354.50

 16:20:15

00060692455TRLO0

LSE

306

354.00

 16:21:15

00060692516TRLO0

LSE

484

354.00

 16:21:15

00060692517TRLO0

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSVZLFLLVLLBBB