Transaction in Own Shares

RNS Number : 9857W

Redde Northgate PLC

24 August 2022

 

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

24 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 23 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	:  110,000
Weighted average purchase price paid	:  353.6168 pence per share
Highest purchase price paid	:  358 pence per share
Lowest purchase price paid	:  349.5 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 8,440,984 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 237,650,439, 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 23 August 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1262	356.00	08:16:33	00060648832TRLO0	LSE
1597	356.50	08:16:33	00060648833TRLO0	LSE
395	356.00	08:16:33	00060648834TRLO0	LSE
1559	355.00	08:16:46	00060648840TRLO0	LSE
1826	354.50	08:18:02	00060648871TRLO0	LSE
1729	357.50	08:21:22	00060649011TRLO0	LSE
116	357.50	08:21:22	00060649013TRLO0	LSE
1873	357.50	08:21:50	00060649025TRLO0	LSE
1787	358.00	08:25:47	00060649101TRLO0	LSE
1787	358.00	08:25:47	00060649102TRLO0	LSE
756	358.00	08:25:47	00060649103TRLO0	LSE
1695	358.00	08:25:47	00060649104TRLO0	LSE
1964	358.00	08:25:47	00060649105TRLO0	LSE
1795	357.00	08:26:39	00060649137TRLO0	LSE
249	355.50	08:27:49	00060649172TRLO0	LSE
1514	355.50	08:27:49	00060649170TRLO0	LSE
1686	354.50	08:45:27	00060649534TRLO0	LSE
25	354.50	08:45:27	00060649535TRLO0	LSE
1896	354.00	09:13:11	00060650226TRLO0	LSE
1746	353.50	09:30:33	00060650631TRLO0	LSE
1641	355.00	09:46:26	00060651092TRLO0	LSE
21	355.00	09:46:26	00060651089TRLO0	LSE
1842	354.50	10:01:28	00060651437TRLO0	LSE
1897	354.50	10:28:41	00060652268TRLO0	LSE
344	354.00	10:36:38	00060652516TRLO0	LSE
706	354.00	10:36:43	00060652517TRLO0	LSE
686	354.00	10:36:43	00060652518TRLO0	LSE
845	354.00	10:45:07	00060652833TRLO0	LSE
1000	354.00	10:45:07	00060652832TRLO0	LSE
863	353.50	10:49:25	00060652997TRLO0	LSE
426	353.50	11:17:54	00060653852TRLO0	LSE
482	353.50	11:17:54	00060653851TRLO0	LSE
1560	352.50	11:22:46	00060654053TRLO0	LSE
333	352.50	11:51:09	00060654938TRLO0	LSE
800	352.50	11:51:09	00060654937TRLO0	LSE
660	352.50	11:51:09	00060654936TRLO0	LSE
1451	352.50	12:32:40	00060656894TRLO0	LSE
370	352.50	12:32:40	00060656899TRLO0	LSE
77	351.00	12:56:07	00060657959TRLO0	LSE
1564	351.00	12:56:07	00060657958TRLO0	LSE
1557	351.50	13:30:38	00060659077TRLO0	LSE
1772	351.00	13:38:30	00060659283TRLO0	LSE
774	349.50	13:45:33	00060659517TRLO0	LSE
1678	352.50	14:01:30	00060660181TRLO0	LSE
217	352.00	14:10:27	00060660528TRLO0	LSE
320	352.00	14:10:37	00060660531TRLO0	LSE
335	352.00	14:10:47	00060660539TRLO0	LSE
324	352.50	14:22:57	00060661162TRLO0	LSE
1751	352.50	14:25:56	00060661280TRLO0	LSE
1437	352.50	14:25:56	00060661279TRLO0	LSE
150	352.50	14:25:57	00060661281TRLO0	LSE
321	352.00	14:36:28	00060661860TRLO0	LSE
99	352.00	14:38:07	00060661949TRLO0	LSE
1497	352.00	14:38:07	00060661948TRLO0	LSE
903	352.00	14:38:07	00060661947TRLO0	LSE
320	352.00	14:38:07	00060661946TRLO0	LSE
442	352.00	14:38:07	00060661950TRLO0	LSE
1480	351.50	14:44:46	00060662563TRLO0	LSE
359	351.50	14:44:46	00060662562TRLO0	LSE
320	353.00	14:54:53	00060663326TRLO0	LSE
330	353.00	14:56:37	00060663427TRLO0	LSE
1326	353.00	15:00:06	00060663586TRLO0	LSE
1600	353.00	15:00:06	00060663585TRLO0	LSE
1084	353.00	15:00:07	00060663592TRLO0	LSE
146	353.00	15:00:07	00060663591TRLO0	LSE
323	353.00	15:00:07	00060663590TRLO0	LSE
1566	353.50	15:01:19	00060663671TRLO0	LSE
834	353.50	15:01:19	00060663670TRLO0	LSE
737	353.50	15:01:19	00060663669TRLO0	LSE
1039	353.00	15:03:20	00060663776TRLO0	LSE
613	353.00	15:03:20	00060663775TRLO0	LSE
1631	354.00	15:12:03	00060664432TRLO0	LSE
606	354.00	15:12:09	00060664437TRLO0	LSE
506	354.00	15:12:47	00060664483TRLO0	LSE
1735	353.50	15:13:07	00060664520TRLO0	LSE
1799	353.50	15:15:48	00060664716TRLO0	LSE
939	353.50	15:15:48	00060664715TRLO0	LSE
545	353.50	15:15:48	00060664714TRLO0	LSE
163	353.50	15:15:48	00060664713TRLO0	LSE
410	353.50	15:15:48	00060664717TRLO0	LSE
815	353.50	15:16:48	00060664769TRLO0	LSE
366	353.50	15:16:48	00060664768TRLO0	LSE
494	353.50	15:20:48	00060664993TRLO0	LSE
448	354.50	15:26:26	00060665315TRLO0	LSE
184	354.00	15:33:48	00060665810TRLO0	LSE
1637	354.00	15:35:33	00060665931TRLO0	LSE
1596	354.00	15:35:33	00060665930TRLO0	LSE
3	354.00	15:37:33	00060666090TRLO0	LSE
650	354.00	15:37:33	00060666089TRLO0	LSE
664	354.00	15:38:00	00060666139TRLO0	LSE
443	354.00	15:38:00	00060666138TRLO0	LSE
30	353.00	15:45:09	00060666531TRLO0	LSE
50	353.00	15:45:13	00060666537TRLO0	LSE
602	353.00	15:46:58	00060666656TRLO0	LSE
74	353.00	15:47:10	00060666660TRLO0	LSE
37	353.00	15:47:14	00060666672TRLO0	LSE
41	353.00	15:47:18	00060666676TRLO0	LSE
671	353.00	15:47:21	00060666678TRLO0	LSE
41	353.00	15:47:22	00060666679TRLO0	LSE
563	353.00	15:47:22	00060666680TRLO0	LSE
338	353.00	15:48:30	00060666728TRLO0	LSE
479	353.00	15:48:30	00060666729TRLO0	LSE
49	353.00	15:50:30	00060666802TRLO0	LSE
230	353.00	15:50:30	00060666801TRLO0	LSE
44	353.00	15:50:30	00060666800TRLO0	LSE
319	352.50	15:53:30	00060667019TRLO0	LSE
1741	352.50	15:54:09	00060667177TRLO0	LSE
1240	352.50	15:54:09	00060667176TRLO0	LSE
115	352.50	16:00:06	00060667647TRLO0	LSE
1600	352.50	16:00:06	00060667646TRLO0	LSE
707	352.00	16:00:34	00060667710TRLO0	LSE
1129	352.00	16:00:34	00060667711TRLO0	LSE
321	351.50	16:00:37	00060667712TRLO0	LSE
338	351.50	16:00:38	00060667714TRLO0	LSE
526	351.50	16:00:38	00060667715TRLO0	LSE
329	351.50	16:00:58	00060667777TRLO0	LSE
316	351.50	16:01:11	00060667813TRLO0	LSE
23	351.50	16:07:30	00060668318TRLO0	LSE
326	351.50	16:07:38	00060668324TRLO0	LSE
413	351.50	16:07:47	00060668334TRLO0	LSE
915	351.50	16:08:28	00060668368TRLO0	LSE
29	351.50	16:08:30	00060668370TRLO0	LSE
1615	351.50	16:08:30	00060668369TRLO0	LSE
180	351.50	16:11:30	00060668532TRLO0	LSE
322	351.50	16:11:30	00060668533TRLO0	LSE
808	351.50	16:11:32	00060668536TRLO0	LSE
351	351.50	16:11:32	00060668537TRLO0	LSE
44	351.50	16:11:33	00060668542TRLO0	LSE
662	351.50	16:13:37	00060668716TRLO0	LSE
328	351.50	16:13:38	00060668718TRLO0	LSE
697	351.50	16:13:39	00060668719TRLO0	LSE
159	351.50	16:15:08	00060668875TRLO0	LSE
172	351.50	16:15:21	00060668900TRLO0	LSE
86	351.50	16:15:21	00060668901TRLO0	LSE
139	351.50	16:15:27	00060668907TRLO0	LSE
1341	351.50	16:15:30	00060668914TRLO0	LSE
97	351.50	16:16:32	00060669016TRLO0	LSE
200	351.50	16:18:33	00060669273TRLO0	LSE
334	351.50	16:18:38	00060669286TRLO0	LSE
351	351.50	16:21:32	00060669507TRLO0	LSE
289	351.50	16:21:42	00060669513TRLO0	LSE
548	351.50	16:21:42	00060669512TRLO0	LSE
320	351.50	16:21:58	00060669542TRLO0	LSE
887	351.50	16:23:16	00060669634TRLO0	LSE
229	351.50	16:23:19	00060669636TRLO0	LSE
92	351.50	16:23:19	00060669635TRLO0	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    [phone]

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

 

END

 

 

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