Redde Northgate Plc - Transaction in Own Shares

PR Newswire

22 June 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 21 June 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 :  75,000
Weighted average purchase price paid :  347.7724 pence per share
Highest purchase price paid :  350 pence per share
Lowest purchase price paid :  345 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 4,782,984 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 241,308,439, 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 21 June 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
469 347.00  08:20:44 00059578120TRLO0 LSE
1471 347.00  08:20:44 00059578119TRLO0 LSE
1 350.00  08:40:53 00059578978TRLO0 LSE
418 350.00  08:40:53 00059578977TRLO0 LSE
205 350.00  08:40:53 00059578976TRLO0 LSE
362 350.00  08:41:40 00059578997TRLO0 LSE
702 350.00  08:41:50 00059579002TRLO0 LSE
1579 350.00  08:42:34 00059579023TRLO0 LSE
354 349.00  08:48:22 00059579397TRLO0 LSE
1339 349.00  08:48:22 00059579396TRLO0 LSE
1432 348.50  08:48:22 00059579398TRLO0 LSE
1380 348.50  09:19:15 00059581058TRLO0 LSE
1036 349.50  09:41:40 00059581633TRLO0 LSE
523 349.50  09:41:40 00059581632TRLO0 LSE
1033 348.50  09:41:40 00059581635TRLO0 LSE
840 348.50  09:41:40 00059581634TRLO0 LSE
1470 347.50  09:41:43 00059581636TRLO0 LSE
1275 347.00  09:41:46 00059581637TRLO0 LSE
466 348.50  09:59:00 00059582203TRLO0 LSE
500 348.50  09:59:00 00059582202TRLO0 LSE
441 348.50  09:59:00 00059582201TRLO0 LSE
7 348.00  09:59:00 00059582204TRLO0 LSE
1343 348.00  09:59:03 00059582205TRLO0 LSE
1337 348.50  10:11:21 00059582698TRLO0 LSE
814 348.00  10:17:02 00059582880TRLO0 LSE
565 348.00  10:17:02 00059582879TRLO0 LSE
688 347.50  10:25:05 00059583234TRLO0 LSE
700 347.50  10:25:05 00059583233TRLO0 LSE
255 346.50  10:39:04 00059583532TRLO0 LSE
384 346.50  10:39:59 00059583590TRLO0 LSE
719 346.50  10:39:59 00059583589TRLO0 LSE
1372 346.00  10:40:11 00059583595TRLO0 LSE
1573 345.00  10:43:08 00059583711TRLO0 LSE
154 346.50  10:53:23 00059584163TRLO0 LSE
1396 346.50  10:53:23 00059584162TRLO0 LSE
1530 346.00  11:12:10 00059584743TRLO0 LSE
1367 349.50  11:37:10 00059585630TRLO0 LSE
144 349.00  11:43:10 00059585740TRLO0 LSE
1192 349.00  11:44:12 00059585793TRLO0 LSE
1302 349.00  11:55:19 00059586165TRLO0 LSE
98 349.00  11:55:19 00059586169TRLO0 LSE
183 349.00  11:55:19 00059586168TRLO0 LSE
1377 349.00  11:55:19 00059586170TRLO0 LSE
1206 348.50  12:14:24 00059586856TRLO0 LSE
271 348.50  12:14:24 00059586857TRLO0 LSE
1401 348.00  12:52:00 00059588566TRLO0 LSE
108 348.00  12:52:00 00059588568TRLO0 LSE
1400 348.00  12:52:00 00059588567TRLO0 LSE
1524 348.00  13:14:52 00059589579TRLO0 LSE
160 347.50  13:49:41 00059591109TRLO0 LSE
638 347.50  13:56:00 00059591447TRLO0 LSE
372 347.50  13:58:26 00059591564TRLO0 LSE
213 347.50  14:06:00 00059591999TRLO0 LSE
2 347.50  14:08:41 00059592118TRLO0 LSE
731 347.50  14:18:00 00059592488TRLO0 LSE
339 347.50  14:18:26 00059592566TRLO0 LSE
294 347.50  14:28:32 00059593233TRLO0 LSE
558 347.50  14:29:00 00059593254TRLO0 LSE
205 347.50  14:29:00 00059593253TRLO0 LSE
418 347.50  14:32:41 00059593576TRLO0 LSE
494 347.50  14:33:00 00059593605TRLO0 LSE
428 347.50  14:36:56 00059593997TRLO0 LSE
559 347.50  14:36:56 00059594006TRLO0 LSE
700 347.50  14:36:56 00059594005TRLO0 LSE
97 347.50  14:36:56 00059594004TRLO0 LSE
76 347.50  14:36:56 00059594003TRLO0 LSE
1079 347.50  14:36:56 00059594002TRLO0 LSE
404 347.50  14:36:56 00059594001TRLO0 LSE
626 347.50  14:36:56 00059594000TRLO0 LSE
883 347.50  14:36:56 00059593999TRLO0 LSE
871 347.50  14:36:56 00059593998TRLO0 LSE
500 347.50  14:36:56 00059594007TRLO0 LSE
500 347.50  14:36:56 00059594008TRLO0 LSE
1495 347.50  14:43:08 00059594566TRLO0 LSE
41 347.50  14:43:08 00059594567TRLO0 LSE
745 347.50  14:43:19 00059594572TRLO0 LSE
67 347.50  14:45:00 00059594685TRLO0 LSE
717 347.50  14:45:00 00059594684TRLO0 LSE
1313 348.00  15:02:53 00059596175TRLO0 LSE
1455 348.00  15:02:53 00059596174TRLO0 LSE
37 348.00  15:10:53 00059596954TRLO0 LSE
1400 348.00  15:10:53 00059596953TRLO0 LSE
597 347.50  15:12:20 00059597133TRLO0 LSE
967 347.50  15:12:20 00059597132TRLO0 LSE
441 347.50  15:25:49 00059598350TRLO0 LSE
1727 347.50  15:25:49 00059598349TRLO0 LSE
1431 347.50  15:25:49 00059598351TRLO0 LSE
1299 347.00  15:35:21 00059599159TRLO0 LSE
541 346.50  15:42:53 00059599699TRLO0 LSE
862 346.50  15:42:53 00059599700TRLO0 LSE
147 346.00  15:55:47 00059600647TRLO0 LSE
247 346.50  15:57:53 00059600897TRLO0 LSE
560 346.50  15:57:53 00059600896TRLO0 LSE
713 346.50  15:57:53 00059600895TRLO0 LSE
688 346.50  15:57:53 00059600898TRLO0 LSE
608 346.50  15:57:53 00059600899TRLO0 LSE
58 347.50  16:08:15 00059601755TRLO0 LSE
726 347.50  16:08:15 00059601754TRLO0 LSE
500 347.50  16:08:15 00059601753TRLO0 LSE
1309 347.50  16:09:28 00059601839TRLO0 LSE
1456 348.00  16:19:30 00059602683TRLO0 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/Tilly Abraham                             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