RNS Number : 4443X
Redde Northgate PLC
30 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

30 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 26 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

:  350.6386 pence per share

Highest purchase price paid

:  354 pence per share

Lowest purchase price paid

:  346 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 8,910,984 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 237,180,439, 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 26 August 2022)

 

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

94

354.00

 08:11:34

00060712404TRLO0

LSE

277

354.00

 08:11:34

00060712403TRLO0

LSE

1663

352.50

 08:47:52

00060713732TRLO0

LSE

78

352.00

 08:47:52

00060713733TRLO0

LSE

1742

352.00

 08:47:52

00060713734TRLO0

LSE

915

353.00

 09:21:34

00060714592TRLO0

LSE

634

353.00

 09:21:41

00060714596TRLO0

LSE

882

352.00

 09:37:30

00060714940TRLO0

LSE

1306

352.00

 09:37:30

00060714941TRLO0

LSE

841

351.00

 09:54:41

00060715414TRLO0

LSE

777

351.00

 10:05:35

00060715743TRLO0

LSE

1512

351.00

 10:22:04

00060716609TRLO0

LSE

263

351.00

 10:22:04

00060716610TRLO0

LSE

35000

351.00

 10:29:01

00060716952TRLO0

LSE

13

351.50

 10:45:37

00060717411TRLO0

LSE

537

351.50

 10:48:57

00060717482TRLO0

LSE

820

351.00

 11:16:02

00060718173TRLO0

LSE

148

351.00

 11:21:07

00060718321TRLO0

LSE

304

351.00

 11:27:47

00060718474TRLO0

LSE

307

351.00

 11:27:49

00060718475TRLO0

LSE

99

351.00

 11:27:59

00060718480TRLO0

LSE

1690

351.00

 11:27:59

00060718481TRLO0

LSE

26

351.00

 11:27:59

00060718482TRLO0

LSE

787

350.00

 11:29:29

00060718515TRLO0

LSE

991

350.00

 11:29:29

00060718516TRLO0

LSE

248

349.00

 11:35:59

00060718702TRLO0

LSE

457

351.50

 11:41:58

00060718884TRLO0

LSE

1057

351.50

 11:41:58

00060718885TRLO0

LSE

495

351.50

 11:42:58

00060718914TRLO0

LSE

950

351.50

 11:42:58

00060718915TRLO0

LSE

855

351.50

 11:46:58

00060719012TRLO0

LSE

921

351.00

 12:28:37

00060720364TRLO0

LSE

433

352.00

 12:57:34

00060721086TRLO0

LSE

254

352.00

 12:57:34

00060721087TRLO0

LSE

803

351.50

 13:06:41

00060721336TRLO0

LSE

691

351.50

 13:06:41

00060721337TRLO0

LSE

862

351.00

 13:17:50

00060721596TRLO0

LSE

1567

352.50

 13:39:09

00060722338TRLO0

LSE

33

352.50

 13:39:09

00060722339TRLO0

LSE

398

352.50

 13:39:09

00060722340TRLO0

LSE

1107

352.50

 13:39:09

00060722341TRLO0

LSE

675

352.00

 13:55:24

00060722708TRLO0

LSE

1137

352.00

 13:55:24

00060722709TRLO0

LSE

800

352.00

 13:55:58

00060722712TRLO0

LSE

800

352.00

 13:55:58

00060722713TRLO0

LSE

98

352.00

 13:55:58

00060722714TRLO0

LSE

102

352.00

 13:55:58

00060722715TRLO0

LSE

803

351.50

 13:57:30

00060722774TRLO0

LSE

544

351.50

 13:57:30

00060722775TRLO0

LSE

334

351.50

 13:57:48

00060722780TRLO0

LSE

800

354.00

 14:21:22

00060723477TRLO0

LSE

831

354.00

 14:21:22

00060723478TRLO0

LSE

142

353.50

 14:27:24

00060723642TRLO0

LSE

1392

353.50

 14:27:24

00060723643TRLO0

LSE

1657

353.50

 14:27:24

00060723644TRLO0

LSE

824

352.50

 14:29:39

00060723744TRLO0

LSE

847

352.50

 14:29:39

00060723745TRLO0

LSE

800

352.00

 14:43:45

00060724669TRLO0

LSE

800

352.00

 14:43:45

00060724670TRLO0

LSE

223

352.00

 14:43:45

00060724671TRLO0

LSE

207

351.50

 14:47:40

00060724918TRLO0

LSE

1365

351.50

 14:47:40

00060724919TRLO0

LSE

1508

351.50

 14:47:40

00060724920TRLO0

LSE

655

351.00

 14:47:53

00060724941TRLO0

LSE

1020

351.00

 14:50:30

00060725102TRLO0

LSE

840

350.50

 14:59:49

00060725497TRLO0

LSE

800

350.50

 14:59:49

00060725498TRLO0

LSE

117

350.50

 14:59:49

00060725499TRLO0

LSE

1379

349.50

 15:05:04

00060725955TRLO0

LSE

293

349.50

 15:05:04

00060725956TRLO0

LSE

1738

350.50

 15:16:02

00060726608TRLO0

LSE

800

350.50

 15:16:02

00060726609TRLO0

LSE

689

350.50

 15:16:02

00060726610TRLO0

LSE

3

350.50

 15:16:18

00060726615TRLO0

LSE

1070

350.50

 15:16:18

00060726616TRLO0

LSE

780

350.50

 15:16:18

00060726617TRLO0

LSE

590

350.50

 15:16:18

00060726618TRLO0

LSE

289

350.00

 15:22:04

00060726977TRLO0

LSE

800

350.00

 15:22:04

00060726978TRLO0

LSE

412

350.00

 15:22:04

00060726979TRLO0

LSE

1600

349.00

 15:26:35

00060727251TRLO0

LSE

46

349.00

 15:26:35

00060727252TRLO0

LSE

1491

348.00

 15:30:52

00060727705TRLO0

LSE

525

347.50

 15:33:57

00060727942TRLO0

LSE

800

347.50

 15:34:09

00060727951TRLO0

LSE

436

347.50

 15:34:09

00060727952TRLO0

LSE

476

346.50

 15:41:44

00060728459TRLO0

LSE

712

346.50

 15:44:33

00060728560TRLO0

LSE

459

346.50

 15:46:16

00060728613TRLO0

LSE

426

346.50

 15:46:16

00060728614TRLO0

LSE

1121

346.50

 15:48:46

00060728779TRLO0

LSE

1600

347.50

 15:54:38

00060729154TRLO0

LSE

85

347.50

 15:54:38

00060729155TRLO0

LSE

800

347.00

 15:55:25

00060729350TRLO0

LSE

1173

347.00

 15:55:25

00060729351TRLO0

LSE

482

346.50

 15:58:40

00060729827TRLO0

LSE

860

346.50

 15:58:53

00060729831TRLO0

LSE

349

346.50

 16:03:32

00060730338TRLO0

LSE

152

346.50

 16:06:38

00060730697TRLO0

LSE

838

346.50

 16:06:38

00060730698TRLO0

LSE

612

346.50

 16:06:38

00060730699TRLO0

LSE

844

346.50

 16:14:39

00060731753TRLO0

LSE

653

346.50

 16:14:39

00060731754TRLO0

LSE

320

346.00

 16:15:32

00060731815TRLO0

LSE

647

346.00

 16:15:32

00060731816TRLO0

LSE

656

346.00

 16:15:32

00060731817TRLO0

LSE

36

346.00

 16:15:32

00060731818TRLO0

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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