Redde Northgate Plc - Transaction in Own Shares

PR Newswire

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21 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 20 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 :  313.8672 pence per share
Highest purchase price paid :  319.5 pence per share
Lowest purchase price paid :  312 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 10,421,618 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 235,669,805 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 20 September 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
2473 319.50  08:28:37 00061065471TRLO0 LSE
6 318.50  08:31:43 00061065686TRLO0 LSE
10 318.50  08:32:05 00061065727TRLO0 LSE
500 318.50  08:32:43 00061065775TRLO0 LSE
1000 318.50  08:32:43 00061065776TRLO0 LSE
239 318.50  08:32:43 00061065777TRLO0 LSE
1931 315.50  09:03:55 00061067464TRLO0 LSE
1637 313.50  09:12:46 00061067931TRLO0 LSE
337 314.00  09:21:02 00061068520TRLO0 LSE
1000 314.00  09:21:02 00061068521TRLO0 LSE
344 314.00  09:21:02 00061068522TRLO0 LSE
700 314.50  09:58:15 00061069736TRLO0 LSE
1183 314.50  09:58:15 00061069737TRLO0 LSE
670 314.50  09:58:15 00061069738TRLO0 LSE
1007 314.50  09:58:15 00061069739TRLO0 LSE
1694 314.50  09:58:15 00061069740TRLO0 LSE
89 314.00  10:03:22 00061069824TRLO0 LSE
504 314.00  10:20:55 00061070446TRLO0 LSE
1037 314.00  10:21:09 00061070457TRLO0 LSE
1721 314.00  10:21:09 00061070458TRLO0 LSE
121 313.00  10:29:27 00061070768TRLO0 LSE
6 313.00  10:29:55 00061070797TRLO0 LSE
484 313.00  10:32:37 00061070891TRLO0 LSE
454 313.00  10:42:04 00061071089TRLO0 LSE
584 313.00  10:45:23 00061071125TRLO0 LSE
1638 312.00  10:52:16 00061071324TRLO0 LSE
2 313.50  11:47:33 00061072463TRLO0 LSE
3688 313.50  11:47:33 00061072464TRLO0 LSE
325 313.50  11:47:33 00061072465TRLO0 LSE
2005 313.50  11:47:33 00061072466TRLO0 LSE
46 313.00  11:47:36 00061072468TRLO0 LSE
1585 313.00  11:47:36 00061072469TRLO0 LSE
1931 314.50  12:24:10 00061073156TRLO0 LSE
738 314.00  12:34:44 00061073360TRLO0 LSE
907 314.00  12:34:44 00061073361TRLO0 LSE
1654 313.50  12:41:29 00061073522TRLO0 LSE
1906 314.00  13:06:45 00061074057TRLO0 LSE
601 313.50  13:23:18 00061074369TRLO0 LSE
1935 314.50  13:51:36 00061075024TRLO0 LSE
28 314.50  13:51:36 00061075025TRLO0 LSE
1800 314.50  13:51:52 00061075030TRLO0 LSE
1184 314.50  13:51:52 00061075031TRLO0 LSE
781 314.50  13:51:52 00061075032TRLO0 LSE
6 314.50  13:55:56 00061075079TRLO0 LSE
1662 314.50  13:55:56 00061075080TRLO0 LSE
1650 314.50  14:02:22 00061075197TRLO0 LSE
100 314.50  14:02:22 00061075198TRLO0 LSE
100 314.50  14:02:24 00061075199TRLO0 LSE
100 314.50  14:02:24 00061075200TRLO0 LSE
100 314.50  14:02:25 00061075201TRLO0 LSE
100 314.50  14:02:25 00061075202TRLO0 LSE
3 314.50  14:02:25 00061075203TRLO0 LSE
100 314.50  14:02:25 00061075204TRLO0 LSE
100 314.50  14:02:33 00061075207TRLO0 LSE
100 314.50  14:02:33 00061075208TRLO0 LSE
100 314.50  14:02:33 00061075209TRLO0 LSE
100 314.50  14:02:33 00061075210TRLO0 LSE
100 314.50  14:02:40 00061075211TRLO0 LSE
821 314.50  14:02:40 00061075212TRLO0 LSE
297 314.50  14:02:40 00061075213TRLO0 LSE
100 314.50  14:04:30 00061075242TRLO0 LSE
319 314.50  14:04:30 00061075243TRLO0 LSE
1872 314.00  14:06:17 00061075263TRLO0 LSE
8 314.00  14:06:25 00061075266TRLO0 LSE
626 314.00  14:06:42 00061075269TRLO0 LSE
175 314.00  14:06:43 00061075270TRLO0 LSE
8 314.00  14:06:45 00061075271TRLO0 LSE
8 314.00  14:07:11 00061075277TRLO0 LSE
837 314.00  14:07:22 00061075285TRLO0 LSE
360 313.00  14:20:30 00061075617TRLO0 LSE
1294 313.00  14:31:26 00061076065TRLO0 LSE
1622 313.00  14:31:26 00061076066TRLO0 LSE
288 313.00  14:31:26 00061076067TRLO0 LSE
498 313.00  14:31:26 00061076068TRLO0 LSE
500 313.00  14:31:26 00061076069TRLO0 LSE
760 313.00  14:31:26 00061076070TRLO0 LSE
1055 312.50  14:51:01 00061077008TRLO0 LSE
160 312.50  14:51:20 00061077035TRLO0 LSE
706 312.50  14:51:20 00061077036TRLO0 LSE
1686 312.50  14:51:20 00061077037TRLO0 LSE
175 313.00  15:03:43 00061077846TRLO0 LSE
178 313.00  15:03:43 00061077847TRLO0 LSE
523 313.00  15:14:02 00061078454TRLO0 LSE
30 313.00  15:17:19 00061078652TRLO0 LSE
798 313.00  15:20:04 00061078757TRLO0 LSE
227 313.00  15:20:04 00061078758TRLO0 LSE
1782 313.00  15:20:04 00061078759TRLO0 LSE
216 313.00  15:20:04 00061078760TRLO0 LSE
877 313.00  15:20:04 00061078761TRLO0 LSE
1144 313.00  15:20:04 00061078762TRLO0 LSE
902 313.00  15:20:04 00061078763TRLO0 LSE
500 313.00  15:20:04 00061078764TRLO0 LSE
123 313.00  15:20:04 00061078765TRLO0 LSE
1527 313.00  15:22:16 00061078838TRLO0 LSE
1769 313.50  15:23:17 00061078884TRLO0 LSE
670 313.50  15:25:19 00061078950TRLO0 LSE
1604 313.00  15:28:32 00061079106TRLO0 LSE
1785 313.00  15:28:32 00061079107TRLO0 LSE
1558 313.00  15:28:32 00061079108TRLO0 LSE
17 313.00  15:38:29 00061079601TRLO0 LSE
1 313.00  15:38:29 00061079602TRLO0 LSE
371 313.00  15:38:29 00061079603TRLO0 LSE
50 313.00  15:39:09 00061079671TRLO0 LSE
526 313.00  15:39:09 00061079672TRLO0 LSE
378 313.00  15:39:09 00061079673TRLO0 LSE
11 313.00  15:40:29 00061079692TRLO0 LSE
11 313.00  15:40:29 00061079693TRLO0 LSE
226 313.00  15:40:29 00061079694TRLO0 LSE
340 313.00  15:40:29 00061079695TRLO0 LSE
852 313.00  15:40:29 00061079696TRLO0 LSE
452 313.00  15:40:29 00061079697TRLO0 LSE
514 313.50  16:03:06 00061080440TRLO0 LSE
735 313.50  16:03:06 00061080441TRLO0 LSE
93 313.50  16:05:06 00061080506TRLO0 LSE
1799 313.50  16:05:06 00061080507TRLO0 LSE
224 313.50  16:05:06 00061080508TRLO0 LSE
552 313.50  16:05:06 00061080509TRLO0 LSE
1662 313.50  16:17:46 00061081039TRLO0 LSE
2753 313.50  16:17:53 00061081064TRLO0 LSE
194 313.50  16:17:53 00061081065TRLO0 LSE
506 313.50  16:17:56 00061081066TRLO0 LSE
1694 313.50  16:17:56 00061081067TRLO0 LSE
217 313.50  16:17:59 00061081080TRLO0 LSE
1682 313.50  16:17:59 00061081081TRLO0 LSE
85 313.50  16:18:48 00061081114TRLO0 LSE
46 313.50  16:20:18 00061081216TRLO0 LSE
177 313.50  16:20:18 00061081217TRLO0 LSE
184 314.00  16:24:45 00061081494TRLO0 LSE
523 314.00  16:24:47 00061081497TRLO0 LSE
1000 314.00  16:24:47 00061081498TRLO0 LSE
500 314.00  16:24:47 00061081499TRLO0 LSE
500 314.00  16:24:47 00061081500TRLO0 LSE
136 314.00  16:24:47 00061081501TRLO0 LSE
97 314.00  16:24:47 00061081502TRLO0 LSE
500 314.00  16:24:47 00061081503TRLO0 LSE
1417 314.00  16:24:47 00061081504TRLO0 LSE
565 314.00  16:24:47 00061081505TRLO0 LSE
1116 314.00  16:24:47 00061081506TRLO0 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