Redde Northgate Plc - Transaction in Own Shares

PR Newswire

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

12 September 2022

REDDE NORTHGATE PLC

(“Redde Northgate” or the “Group” or the “Company”)

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 9 September 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 :  100,000
Weighted average purchase price paid :  326.9100 pence per share
Highest purchase price paid :  329 pence per share
Lowest purchase price paid :  323.5 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 9,794,281 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 236,297,142, 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 9 September 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
116 327.00  08:25:14 00060918560TRLO0 LSE
1507 327.00  08:25:14 00060918561TRLO0 LSE
1891 327.00  08:25:14 00060918562TRLO0 LSE
1679 327.00  08:44:40 00060918942TRLO0 LSE
1544 326.50  08:44:40 00060918943TRLO0 LSE
423 325.50  08:44:41 00060918944TRLO0 LSE
1563 325.50  08:44:41 00060918945TRLO0 LSE
775 326.50  08:53:24 00060919174TRLO0 LSE
978 326.50  08:53:24 00060919175TRLO0 LSE
2669 328.00  09:31:54 00060920248TRLO0 LSE
1400 328.00  09:31:54 00060920249TRLO0 LSE
319 328.00  09:31:54 00060920250TRLO0 LSE
1427 327.50  09:38:34 00060920418TRLO0 LSE
386 327.50  09:38:34 00060920419TRLO0 LSE
1400 328.00  10:03:23 00060921211TRLO0 LSE
239 328.00  10:03:23 00060921212TRLO0 LSE
252 328.00  10:03:23 00060921213TRLO0 LSE
2163 327.50  10:14:45 00060921492TRLO0 LSE
475 327.00  10:26:36 00060921767TRLO0 LSE
502 327.00  10:40:27 00060922070TRLO0 LSE
1181 327.00  10:44:49 00060922307TRLO0 LSE
335 327.00  10:44:49 00060922308TRLO0 LSE
1410 327.00  10:44:49 00060922309TRLO0 LSE
159 326.00  10:50:57 00060922521TRLO0 LSE
478 326.00  11:02:54 00060922781TRLO0 LSE
458 326.00  11:19:39 00060923129TRLO0 LSE
496 326.00  11:31:57 00060923485TRLO0 LSE
244 326.00  12:00:22 00060924331TRLO0 LSE
149 326.00  12:06:22 00060924534TRLO0 LSE
1667 326.00  12:06:22 00060924535TRLO0 LSE
68 326.00  12:06:22 00060924536TRLO0 LSE
1648 326.00  12:06:22 00060924537TRLO0 LSE
854 326.00  12:06:22 00060924538TRLO0 LSE
811 326.00  12:06:22 00060924539TRLO0 LSE
738 327.50  12:29:45 00060925050TRLO0 LSE
904 327.50  12:29:45 00060925051TRLO0 LSE
1566 326.50  12:29:51 00060925054TRLO0 LSE
76 326.50  12:29:51 00060925055TRLO0 LSE
984 326.50  12:30:51 00060925080TRLO0 LSE
886 326.50  12:30:51 00060925081TRLO0 LSE
689 326.50  12:30:51 00060925082TRLO0 LSE
213 326.50  12:30:51 00060925083TRLO0 LSE
848 326.00  12:34:01 00060925209TRLO0 LSE
700 326.00  12:34:01 00060925210TRLO0 LSE
159 326.00  12:34:01 00060925211TRLO0 LSE
1613 325.00  12:52:50 00060925710TRLO0 LSE
1950 324.00  13:03:48 00060925960TRLO0 LSE
425 323.50  13:10:19 00060926103TRLO0 LSE
480 323.50  13:23:01 00060926375TRLO0 LSE
412 323.50  13:29:15 00060926471TRLO0 LSE
781 323.50  13:30:30 00060926539TRLO0 LSE
1917 324.50  13:35:45 00060926782TRLO0 LSE
1852 325.50  13:51:21 00060927377TRLO0 LSE
929 325.50  13:51:21 00060927378TRLO0 LSE
812 325.50  13:51:21 00060927379TRLO0 LSE
1200 326.00  13:59:32 00060927540TRLO0 LSE
395 326.00  13:59:32 00060927541TRLO0 LSE
700 326.00  14:24:14 00060928341TRLO0 LSE
2100 326.00  14:24:14 00060928342TRLO0 LSE
144 326.00  14:24:14 00060928343TRLO0 LSE
1256 326.00  14:24:14 00060928344TRLO0 LSE
317 326.00  14:24:14 00060928345TRLO0 LSE
532 326.00  14:24:14 00060928348TRLO0 LSE
830 326.00  14:24:14 00060928349TRLO0 LSE
763 326.00  14:26:14 00060928538TRLO0 LSE
900 326.50  14:36:00 00060929141TRLO0 LSE
700 326.50  14:36:00 00060929142TRLO0 LSE
29 326.50  14:36:26 00060929177TRLO0 LSE
1667 326.50  14:36:26 00060929178TRLO0 LSE
1554 326.50  14:42:54 00060929512TRLO0 LSE
1288 326.50  14:42:54 00060929513TRLO0 LSE
440 326.50  14:42:54 00060929514TRLO0 LSE
33 326.50  14:47:49 00060929779TRLO0 LSE
984 326.50  14:50:24 00060929906TRLO0 LSE
551 326.50  14:50:24 00060929907TRLO0 LSE
984 326.50  14:53:33 00060930024TRLO0 LSE
702 325.50  14:55:41 00060930102TRLO0 LSE
462 325.50  14:59:25 00060930268TRLO0 LSE
435 327.00  15:14:07 00060931352TRLO0 LSE
1184 327.00  15:14:07 00060931353TRLO0 LSE
3 327.50  15:16:37 00060931498TRLO0 LSE
51 327.50  15:16:37 00060931499TRLO0 LSE
878 328.00  15:22:13 00060931761TRLO0 LSE
3860 328.00  15:22:13 00060931762TRLO0 LSE
1400 328.00  15:22:13 00060931763TRLO0 LSE
508 328.00  15:22:13 00060931764TRLO0 LSE
866 328.00  15:25:10 00060931832TRLO0 LSE
690 328.00  15:26:10 00060931861TRLO0 LSE
984 328.00  15:26:10 00060931862TRLO0 LSE
35 328.00  15:26:10 00060931863TRLO0 LSE
280 328.00  15:26:10 00060931864TRLO0 LSE
45 328.00  15:26:10 00060931865TRLO0 LSE
650 328.00  15:26:10 00060931866TRLO0 LSE
675 328.00  15:31:59 00060932103TRLO0 LSE
340 328.00  15:31:59 00060932104TRLO0 LSE
208 328.00  15:31:59 00060932105TRLO0 LSE
406 328.00  15:40:59 00060932415TRLO0 LSE
523 328.00  15:40:59 00060932416TRLO0 LSE
403 328.00  15:40:59 00060932417TRLO0 LSE
616 328.50  15:45:00 00060932675TRLO0 LSE
380 328.50  15:45:00 00060932676TRLO0 LSE
727 328.50  15:45:00 00060932677TRLO0 LSE
698 328.50  15:47:00 00060932803TRLO0 LSE
741 328.50  15:47:00 00060932804TRLO0 LSE
350 328.50  15:47:00 00060932805TRLO0 LSE
408 328.50  15:47:00 00060932806TRLO0 LSE
414 328.50  15:47:00 00060932807TRLO0 LSE
380 328.50  15:52:09 00060933266TRLO0 LSE
460 328.50  15:52:09 00060933267TRLO0 LSE
761 328.50  15:52:09 00060933268TRLO0 LSE
336 328.50  15:52:09 00060933269TRLO0 LSE
153 328.00  15:55:19 00060933675TRLO0 LSE
446 328.00  15:55:19 00060933676TRLO0 LSE
411 328.00  15:57:04 00060933767TRLO0 LSE
87 328.50  16:00:01 00060933925TRLO0 LSE
266 328.50  16:00:01 00060933926TRLO0 LSE
366 328.50  16:00:01 00060933927TRLO0 LSE
5 328.50  16:02:01 00060934266TRLO0 LSE
319 328.50  16:02:01 00060934267TRLO0 LSE
353 328.50  16:02:01 00060934268TRLO0 LSE
646 328.50  16:02:01 00060934269TRLO0 LSE
158 328.50  16:05:01 00060934408TRLO0 LSE
640 328.50  16:05:01 00060934409TRLO0 LSE
361 328.50  16:05:01 00060934410TRLO0 LSE
129 328.50  16:08:29 00060934667TRLO0 LSE
202 328.50  16:08:29 00060934668TRLO0 LSE
620 328.50  16:08:29 00060934669TRLO0 LSE
433 328.50  16:09:29 00060934748TRLO0 LSE
311 328.50  16:09:29 00060934749TRLO0 LSE
207 328.50  16:09:29 00060934750TRLO0 LSE
670 328.50  16:09:29 00060934751TRLO0 LSE
860 329.00  16:12:52 00060934990TRLO0 LSE
273 329.00  16:12:52 00060934991TRLO0 LSE
487 329.00  16:12:52 00060934992TRLO0 LSE
2 329.00  16:12:52 00060934993TRLO0 LSE
166 329.00  16:12:52 00060934994TRLO0 LSE
973 329.00  16:16:52 00060935182TRLO0 LSE
343 329.00  16:16:52 00060935183TRLO0 LSE
277 329.00  16:16:52 00060935184TRLO0 LSE
10 329.00  16:16:52 00060935185TRLO0 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