Redde Northgate Plc - Transaction in Own Shares

PR Newswire

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3 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 2 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 :  100,000
Weighted average purchase price paid :  365.1498 pence per share
Highest purchase price paid :  367 pence per share
Lowest purchase price paid :  360.5 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 7,131,189 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 238,960,234, 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 2 August 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
2491 365.00  08:24:10 00060345026TRLO0 LSE
1400 365.50  08:31:58 00060345515TRLO0 LSE
620 365.50  08:31:58 00060345516TRLO0 LSE
1865 365.50  08:31:58 00060345517TRLO0 LSE
75 365.50  08:31:58 00060345518TRLO0 LSE
241 365.50  08:54:39 00060346965TRLO0 LSE
298 365.50  08:54:39 00060346966TRLO0 LSE
1362 365.50  09:04:04 00060347483TRLO0 LSE
1908 365.50  09:04:04 00060347484TRLO0 LSE
872 365.50  09:04:04 00060347485TRLO0 LSE
873 364.50  09:20:17 00060348056TRLO0 LSE
600 363.50  09:37:09 00060348572TRLO0 LSE
442 363.50  09:37:09 00060348573TRLO0 LSE
600 363.50  09:37:09 00060348574TRLO0 LSE
490 363.50  09:37:09 00060348575TRLO0 LSE
685 362.50  09:56:59 00060349359TRLO0 LSE
1173 362.50  09:56:59 00060349360TRLO0 LSE
454 362.50  10:07:52 00060349742TRLO0 LSE
604 362.50  10:07:52 00060349743TRLO0 LSE
143 362.50  10:07:52 00060349744TRLO0 LSE
1871 362.00  10:24:15 00060350431TRLO0 LSE
559 361.50  10:55:57 00060351293TRLO0 LSE
600 361.50  11:17:06 00060351824TRLO0 LSE
600 361.50  11:17:06 00060351825TRLO0 LSE
494 361.50  11:17:06 00060351826TRLO0 LSE
729 361.00  11:39:35 00060352643TRLO0 LSE
253 361.00  11:52:17 00060353278TRLO0 LSE
1082 361.00  11:52:17 00060353279TRLO0 LSE
41 360.50  11:52:17 00060353280TRLO0 LSE
82 361.00  13:00:07 00060355085TRLO0 LSE
3 361.00  13:00:07 00060355086TRLO0 LSE
700 361.00  13:00:07 00060355087TRLO0 LSE
274 361.00  13:00:07 00060355088TRLO0 LSE
815 361.00  13:00:07 00060355089TRLO0 LSE
774 360.50  13:13:16 00060355358TRLO0 LSE
2 362.50  13:18:12 00060355521TRLO0 LSE
330 362.50  13:18:12 00060355522TRLO0 LSE
138 362.50  13:19:50 00060355567TRLO0 LSE
138 362.50  13:20:30 00060355600TRLO0 LSE
3827 362.50  13:31:50 00060356073TRLO0 LSE
135 363.00  13:39:07 00060356254TRLO0 LSE
716 363.00  13:39:07 00060356255TRLO0 LSE
1959 362.50  13:41:51 00060356325TRLO0 LSE
1887 362.50  13:41:51 00060356326TRLO0 LSE
737 366.00  14:09:47 00060357695TRLO0 LSE
459 366.00  14:09:47 00060357696TRLO0 LSE
384 366.00  14:09:47 00060357697TRLO0 LSE
600 366.00  14:09:47 00060357698TRLO0 LSE
533 366.00  14:09:47 00060357699TRLO0 LSE
2627 366.00  14:09:47 00060357700TRLO0 LSE
600 366.50  14:11:29 00060357832TRLO0 LSE
233 366.50  14:11:29 00060357833TRLO0 LSE
1200 366.50  14:11:29 00060357834TRLO0 LSE
104 366.50  14:12:29 00060357882TRLO0 LSE
132 366.50  14:12:29 00060357883TRLO0 LSE
571 366.00  14:12:29 00060357884TRLO0 LSE
571 366.00  14:12:29 00060357885TRLO0 LSE
70 366.50  14:18:26 00060358262TRLO0 LSE
502 366.50  14:18:26 00060358263TRLO0 LSE
438 366.50  14:19:45 00060358298TRLO0 LSE
434 366.50  14:24:36 00060358539TRLO0 LSE
321 366.50  14:24:36 00060358540TRLO0 LSE
600 366.50  14:29:36 00060358737TRLO0 LSE
600 366.50  14:29:36 00060358738TRLO0 LSE
600 366.50  14:29:36 00060358739TRLO0 LSE
152 366.50  14:29:36 00060358740TRLO0 LSE
270 366.00  14:29:36 00060358741TRLO0 LSE
1656 366.00  14:29:36 00060358742TRLO0 LSE
494 366.50  14:35:36 00060359372TRLO0 LSE
536 366.50  14:35:36 00060359373TRLO0 LSE
719 366.50  14:38:28 00060359679TRLO0 LSE
154 367.00  14:40:39 00060359790TRLO0 LSE
259 367.00  14:40:39 00060359791TRLO0 LSE
481 367.00  14:43:00 00060359929TRLO0 LSE
390 367.00  14:43:00 00060359930TRLO0 LSE
104 367.00  14:43:00 00060359931TRLO0 LSE
1154 367.00  14:43:00 00060359932TRLO0 LSE
880 367.00  14:49:00 00060360244TRLO0 LSE
1299 367.00  14:49:00 00060360245TRLO0 LSE
129 366.50  14:53:16 00060360672TRLO0 LSE
1885 366.50  14:53:16 00060360673TRLO0 LSE
2071 366.50  14:53:16 00060360674TRLO0 LSE
32 366.00  14:55:15 00060360726TRLO0 LSE
590 366.00  14:59:25 00060360884TRLO0 LSE
537 366.00  15:02:58 00060360999TRLO0 LSE
683 366.00  15:03:16 00060361013TRLO0 LSE
248 366.00  15:03:16 00060361014TRLO0 LSE
1 366.00  15:06:24 00060361156TRLO0 LSE
454 367.00  15:08:37 00060361255TRLO0 LSE
20000 366.50  15:09:28 00060361271TRLO0 LSE
2839 366.00  15:10:17 00060361371TRLO0 LSE
267 366.00  15:10:17 00060361372TRLO0 LSE
1853 366.00  15:10:17 00060361373TRLO0 LSE
562 364.50  15:31:52 00060362202TRLO0 LSE
546 364.50  15:36:55 00060362482TRLO0 LSE
119 364.50  15:38:42 00060362548TRLO0 LSE
637 364.50  15:39:02 00060362569TRLO0 LSE
800 365.50  15:48:47 00060362965TRLO0 LSE
1090 365.50  15:48:47 00060362966TRLO0 LSE
572 365.00  15:51:49 00060363175TRLO0 LSE
534 365.00  15:51:49 00060363176TRLO0 LSE
784 365.00  15:55:15 00060363486TRLO0 LSE
1903 365.00  15:55:15 00060363487TRLO0 LSE
274 366.00  16:04:07 00060363922TRLO0 LSE
526 366.00  16:04:07 00060363923TRLO0 LSE
456 366.00  16:04:07 00060363924TRLO0 LSE
937 366.00  16:04:07 00060363925TRLO0 LSE
432 366.00  16:04:07 00060363926TRLO0 LSE
2170 365.50  16:04:29 00060363943TRLO0 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                                          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