Redde Northgate Plc - Transaction in Own Shares

PR Newswire

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16 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 15 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 :  324.3105 pence per share
Highest purchase price paid :  327 pence per share
Lowest purchase price paid :  322 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 10,221,618 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 235,869,805 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 15 September 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
1833 325.00  08:25:29 00061016187TRLO0 LSE
311 327.00  08:30:30 00061016352TRLO0 LSE
529 327.00  08:30:30 00061016353TRLO0 LSE
219 327.00  08:31:10 00061016381TRLO0 LSE
1911 327.00  08:31:10 00061016382TRLO0 LSE
1626 327.00  08:31:10 00061016383TRLO0 LSE
1848 326.50  08:31:10 00061016384TRLO0 LSE
945 326.00  09:04:40 00061017410TRLO0 LSE
710 326.00  09:04:40 00061017411TRLO0 LSE
1789 325.00  09:10:02 00061017596TRLO0 LSE
1600 326.00  10:10:30 00061019046TRLO0 LSE
48 326.00  10:10:30 00061019047TRLO0 LSE
2 325.50  10:19:29 00061019198TRLO0 LSE
1646 325.50  10:19:29 00061019199TRLO0 LSE
2 325.50  10:37:33 00061019578TRLO0 LSE
14 325.50  10:45:35 00061019748TRLO0 LSE
1675 325.50  10:45:35 00061019749TRLO0 LSE
1557 325.50  10:45:35 00061019750TRLO0 LSE
1500 325.00  10:55:53 00061020068TRLO0 LSE
696 325.00  10:55:53 00061020069TRLO0 LSE
1569 325.00  11:21:41 00061020851TRLO0 LSE
131 325.00  11:21:41 00061020852TRLO0 LSE
500 325.00  11:21:41 00061020853TRLO0 LSE
500 325.00  11:21:41 00061020854TRLO0 LSE
415 325.00  11:21:41 00061020855TRLO0 LSE
2400 324.00  11:21:42 00061020856TRLO0 LSE
177 324.00  11:32:36 00061021309TRLO0 LSE
1659 324.00  11:32:36 00061021310TRLO0 LSE
41 323.50  11:52:09 00061021838TRLO0 LSE
583 324.00  11:57:10 00061021963TRLO0 LSE
438 324.00  11:57:30 00061021965TRLO0 LSE
1701 324.00  12:05:09 00061022071TRLO0 LSE
373 324.00  12:05:09 00061022072TRLO0 LSE
500 324.00  12:05:09 00061022073TRLO0 LSE
700 324.00  12:05:09 00061022074TRLO0 LSE
13 325.00  12:29:59 00061022567TRLO0 LSE
12 325.00  12:29:59 00061022568TRLO0 LSE
2661 325.50  12:37:06 00061022841TRLO0 LSE
1730 325.50  12:37:06 00061022842TRLO0 LSE
1534 325.00  13:02:55 00061023260TRLO0 LSE
1562 325.00  13:02:55 00061023261TRLO0 LSE
1688 324.50  13:25:31 00061023723TRLO0 LSE
1636 324.50  13:25:31 00061023724TRLO0 LSE
275 324.50  13:38:42 00061024211TRLO0 LSE
1378 324.50  13:38:44 00061024212TRLO0 LSE
1628 324.50  13:45:44 00061024410TRLO0 LSE
1 324.50  13:49:47 00061024505TRLO0 LSE
1652 324.50  13:50:30 00061024528TRLO0 LSE
1139 324.50  13:50:30 00061024529TRLO0 LSE
433 324.50  13:50:30 00061024530TRLO0 LSE
546 324.50  13:51:40 00061024548TRLO0 LSE
288 324.50  13:51:40 00061024549TRLO0 LSE
621 324.50  13:51:40 00061024550TRLO0 LSE
491 324.50  13:51:40 00061024551TRLO0 LSE
125 324.50  13:51:40 00061024552TRLO0 LSE
583 324.50  14:00:50 00061025136TRLO0 LSE
330 324.50  14:00:50 00061025137TRLO0 LSE
583 324.50  14:02:50 00061025205TRLO0 LSE
2000 324.50  14:02:50 00061025206TRLO0 LSE
1624 324.00  14:08:22 00061025454TRLO0 LSE
2400 324.00  14:17:29 00061025807TRLO0 LSE
505 324.00  14:18:50 00061025873TRLO0 LSE
750 324.00  14:18:50 00061025874TRLO0 LSE
748 324.00  14:18:50 00061025875TRLO0 LSE
159 324.00  14:18:50 00061025876TRLO0 LSE
258 324.00  14:18:50 00061025877TRLO0 LSE
1436 324.00  14:18:50 00061025878TRLO0 LSE
928 323.50  14:19:18 00061025891TRLO0 LSE
1133 323.50  14:19:18 00061025892TRLO0 LSE
283 323.00  14:31:18 00061026569TRLO0 LSE
401 323.00  14:31:18 00061026570TRLO0 LSE
84 323.50  14:35:27 00061026790TRLO0 LSE
1726 323.50  14:35:27 00061026791TRLO0 LSE
1252 323.50  14:35:27 00061026792TRLO0 LSE
573 323.50  14:35:27 00061026793TRLO0 LSE
1741 324.00  14:46:09 00061027532TRLO0 LSE
523 323.50  14:46:20 00061027536TRLO0 LSE
1000 323.50  14:46:20 00061027537TRLO0 LSE
164 323.50  14:46:20 00061027538TRLO0 LSE
1709 323.50  15:12:49 00061029220TRLO0 LSE
1552 323.50  15:12:49 00061029221TRLO0 LSE
1569 323.50  15:12:49 00061029222TRLO0 LSE
1847 323.50  15:12:49 00061029223TRLO0 LSE
1321 323.00  15:12:49 00061029224TRLO0 LSE
85 323.50  15:12:49 00061029225TRLO0 LSE
406 323.50  15:12:49 00061029226TRLO0 LSE
616 324.00  15:17:50 00061029552TRLO0 LSE
125 324.00  15:17:50 00061029553TRLO0 LSE
537 324.00  15:17:54 00061029560TRLO0 LSE
289 324.00  15:21:52 00061029881TRLO0 LSE
227 324.00  15:21:52 00061029882TRLO0 LSE
815 324.00  15:21:52 00061029883TRLO0 LSE
928 324.00  15:23:20 00061029981TRLO0 LSE
1790 323.00  15:28:49 00061030421TRLO0 LSE
382 323.00  15:36:20 00061031086TRLO0 LSE
396 323.00  15:36:20 00061031087TRLO0 LSE
411 323.00  15:36:20 00061031088TRLO0 LSE
173 323.00  15:42:31 00061031461TRLO0 LSE
1000 323.00  15:42:31 00061031462TRLO0 LSE
361 323.00  15:42:31 00061031463TRLO0 LSE
482 323.00  15:50:17 00061032023TRLO0 LSE
1390 323.00  15:50:17 00061032024TRLO0 LSE
1560 322.50  15:51:24 00061032331TRLO0 LSE
438 322.50  16:01:30 00061033081TRLO0 LSE
549 322.50  16:01:30 00061033082TRLO0 LSE
788 322.50  16:01:30 00061033083TRLO0 LSE
9 323.00  16:06:50 00061033503TRLO0 LSE
1329 323.00  16:08:50 00061033613TRLO0 LSE
253 323.00  16:08:50 00061033614TRLO0 LSE
409 323.00  16:11:50 00061034568TRLO0 LSE
980 323.00  16:11:50 00061034569TRLO0 LSE
515 323.00  16:11:50 00061034570TRLO0 LSE
879 322.00  16:16:30 00061035098TRLO0 LSE
1135 322.50  16:21:00 00061035488TRLO0 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