RNS Number : 2939X
Redde Northgate PLC
26 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

26 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 25 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

:  160,000

Weighted average purchase price paid

:  350.9406 pence per share

Highest purchase price paid

:  354.5 pence per share

Lowest purchase price paid

:  349 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 8,800,984 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 237,290,439, 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 25 August 2022)

 

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

61

354.00

 08:21:00

00060694570TRLO0

LSE

271

354.00

 08:21:00

00060694569TRLO0

LSE

54

354.00

 08:21:00

00060694568TRLO0

LSE

69

353.00

 08:21:39

00060694597TRLO0

LSE

1584

353.00

 08:25:54

00060694742TRLO0

LSE

815

353.00

 08:25:54

00060694748TRLO0

LSE

965

353.00

 08:25:54

00060694750TRLO0

LSE

1229

353.00

 08:35:06

00060694919TRLO0

LSE

497

353.00

 08:35:06

00060694920TRLO0

LSE

1839

353.00

 08:35:06

00060694921TRLO0

LSE

1405

352.50

 08:38:45

00060695013TRLO0

LSE

206

352.50

 08:38:45

00060695014TRLO0

LSE

400

354.00

 08:58:49

00060695346TRLO0

LSE

1445

354.00

 08:58:49

00060695347TRLO0

LSE

1754

353.50

 09:00:46

00060695399TRLO0

LSE

140

353.00

 09:03:11

00060695470TRLO0

LSE

1600

353.00

 09:03:11

00060695471TRLO0

LSE

187

353.00

 09:03:11

00060695472TRLO0

LSE

61

352.50

 09:14:33

00060695637TRLO0

LSE

61

352.50

 09:14:33

00060695638TRLO0

LSE

1511

352.50

 09:15:09

00060695647TRLO0

LSE

292

352.00

 09:29:51

00060695834TRLO0

LSE

1600

352.00

 09:29:51

00060695835TRLO0

LSE

30

352.00

 09:29:51

00060695836TRLO0

LSE

757

352.50

 09:50:00

00060696109TRLO0

LSE

870

352.50

 09:50:00

00060696110TRLO0

LSE

1840

352.50

 09:50:00

00060696111TRLO0

LSE

175

351.50

 10:04:49

00060696392TRLO0

LSE

1899

351.50

 10:04:49

00060696393TRLO0

LSE

549

351.00

 10:23:17

00060696890TRLO0

LSE

1075

351.00

 10:23:17

00060696891TRLO0

LSE

693

350.50

 10:24:45

00060696925TRLO0

LSE

1032

350.50

 10:24:45

00060696926TRLO0

LSE

1343

350.50

 10:27:17

00060696996TRLO0

LSE

496

350.50

 10:27:17

00060696997TRLO0

LSE

466

350.00

 10:31:33

00060697077TRLO0

LSE

1426

350.00

 10:31:33

00060697078TRLO0

LSE

1000

349.00

 10:50:57

00060697546TRLO0

LSE

579

349.00

 10:50:57

00060697547TRLO0

LSE

1617

350.00

 11:08:16

00060697985TRLO0

LSE

14

350.00

 11:08:16

00060697986TRLO0

LSE

245

350.00

 11:23:26

00060698346TRLO0

LSE

419

350.00

 11:23:26

00060698347TRLO0

LSE

816

350.50

 11:23:26

00060698348TRLO0

LSE

390

350.50

 11:23:26

00060698349TRLO0

LSE

800

350.50

 11:23:26

00060698350TRLO0

LSE

213

350.50

 11:23:26

00060698351TRLO0

LSE

50000

350.20

 11:28:40

00060698427TRLO0

LSE

235

351.00

 12:25:18

00060700423TRLO0

LSE

1381

351.00

 12:32:00

00060700643TRLO0

LSE

1322

351.00

 12:32:00

00060700644TRLO0

LSE

405

351.00

 12:32:00

00060700645TRLO0

LSE

59

349.00

 13:08:39

00060701344TRLO0

LSE

360

349.00

 13:20:02

00060701545TRLO0

LSE

520

349.00

 13:20:25

00060701549TRLO0

LSE

1617

350.50

 13:43:31

00060702435TRLO0

LSE

458

350.50

 14:00:01

00060702955TRLO0

LSE

18

350.50

 14:00:01

00060702956TRLO0

LSE

50000

350.50

 14:04:53

00060703134TRLO0

LSE

502

350.50

 14:11:43

00060703332TRLO0

LSE

870

350.50

 14:11:43

00060703333TRLO0

LSE

1694

350.50

 14:33:06

00060704136TRLO0

LSE

491

351.00

 14:45:11

00060704919TRLO0

LSE

137

351.00

 14:45:11

00060704920TRLO0

LSE

974

351.50

 14:48:53

00060705136TRLO0

LSE

642

351.50

 14:48:53

00060705137TRLO0

LSE

433

354.50

 15:05:49

00060706159TRLO0

LSE

1417

354.50

 15:05:49

00060706160TRLO0

LSE

1859

354.50

 15:09:49

00060706440TRLO0

LSE

145

353.50

 15:11:07

00060706526TRLO0

LSE

1600

353.50

 15:11:07

00060706527TRLO0

LSE

167

353.50

 15:11:07

00060706528TRLO0

LSE

228

352.50

 15:21:40

00060706854TRLO0

LSE

797

353.00

 15:29:24

00060707166TRLO0

LSE

820

353.00

 15:35:21

00060707561TRLO0

LSE

286

352.50

 15:45:53

00060708001TRLO0

LSE

493

352.50

 15:48:01

00060708105TRLO0

LSE

540

352.50

 15:50:29

00060708202TRLO0

LSE

255

352.50

 15:53:02

00060708329TRLO0

LSE

513

352.50

 15:59:19

00060708694TRLO0

LSE

439

352.50

 16:01:10

00060708762TRLO0

LSE

536

352.50

 16:03:23

00060708826TRLO0

LSE

390

352.50

 16:08:05

00060709053TRLO0

LSE

576

352.50

 16:10:32

00060709290TRLO0

LSE

31

352.50

 16:10:32

00060709291TRLO0

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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