Transaction in Own Shares

RNS Number : 5336W

Redde Northgate PLC

19 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

19 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 18 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	:  80,000
Weighted average purchase price paid	:  379.8147 pence per share
Highest purchase price paid	:  382 pence per share
Lowest purchase price paid	:  376.5 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 8,030,984 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 238,060,439, 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 18 August 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1600	380.50	08:38:56	00060581445TRLO0	LSE
1517	380.50	08:38:56	00060581446TRLO0	LSE
1223	381.00	08:43:23	00060581746TRLO0	LSE
598	381.00	08:43:23	00060581747TRLO0	LSE
800	381.00	08:50:53	00060582193TRLO0	LSE
845	381.00	08:50:53	00060582194TRLO0	LSE
1645	380.50	08:52:48	00060582282TRLO0	LSE
467	379.50	09:10:22	00060583300TRLO0	LSE
300	379.50	09:10:22	00060583301TRLO0	LSE
613	379.50	09:10:22	00060583302TRLO0	LSE
181	379.50	09:10:22	00060583303TRLO0	LSE
800	379.00	09:18:23	00060583755TRLO0	LSE
715	379.00	09:18:23	00060583756TRLO0	LSE
523	377.50	09:23:40	00060584040TRLO0	LSE
662	377.50	09:24:02	00060584076TRLO0	LSE
320	377.50	09:24:02	00060584077TRLO0	LSE
522	376.50	09:44:30	00060584639TRLO0	LSE
503	376.50	10:01:03	00060585231TRLO0	LSE
501	376.50	10:11:54	00060585727TRLO0	LSE
599	377.50	10:26:05	00060586202TRLO0	LSE
488	377.50	10:26:05	00060586203TRLO0	LSE
632	377.50	10:26:05	00060586204TRLO0	LSE
663	377.00	10:30:09	00060586342TRLO0	LSE
1092	377.00	10:30:09	00060586343TRLO0	LSE
185	377.00	10:30:09	00060586344TRLO0	LSE
201	376.50	10:39:57	00060586803TRLO0	LSE
533	376.50	10:45:39	00060587029TRLO0	LSE
1519	377.50	10:47:29	00060587081TRLO0	LSE
328	377.00	10:48:38	00060587134TRLO0	LSE
302	377.00	10:51:47	00060587247TRLO0	LSE
423	377.00	10:57:49	00060587475TRLO0	LSE
1088	378.00	11:09:40	00060588055TRLO0	LSE
4076	379.00	11:17:19	00060588246TRLO0	LSE
1004	379.00	11:41:16	00060588695TRLO0	LSE
360	379.00	11:41:16	00060588696TRLO0	LSE
590	379.50	11:42:27	00060588717TRLO0	LSE
319	379.50	11:42:27	00060588718TRLO0	LSE
396	379.50	11:42:27	00060588719TRLO0	LSE
366	379.50	11:42:27	00060588720TRLO0	LSE
936	379.50	11:42:27	00060588721TRLO0	LSE
83	379.00	11:56:10	00060588945TRLO0	LSE
256	379.00	12:26:19	00060589523TRLO0	LSE
482	379.00	12:29:38	00060589709TRLO0	LSE
868	379.00	12:29:38	00060589710TRLO0	LSE
1576	379.00	12:29:38	00060589711TRLO0	LSE
1556	379.00	12:29:38	00060589712TRLO0	LSE
200	379.00	12:29:38	00060589713TRLO0	LSE
1330	380.00	12:53:48	00060590370TRLO0	LSE
470	380.00	12:53:48	00060590371TRLO0	LSE
482	379.50	13:15:12	00060591115TRLO0	LSE
659	379.50	13:20:12	00060591246TRLO0	LSE
500	379.50	13:20:12	00060591247TRLO0	LSE
459	379.50	13:21:03	00060591275TRLO0	LSE
1102	379.50	13:25:50	00060591458TRLO0	LSE
1862	379.50	13:25:50	00060591459TRLO0	LSE
1038	380.50	13:47:02	00060592355TRLO0	LSE
525	380.50	13:47:02	00060592356TRLO0	LSE
1586	380.50	13:47:02	00060592357TRLO0	LSE
1816	380.00	13:48:02	00060592413TRLO0	LSE
519	380.00	14:08:24	00060593415TRLO0	LSE
1788	381.00	14:26:04	00060594452TRLO0	LSE
943	380.50	14:26:04	00060594453TRLO0	LSE
33	380.50	14:26:10	00060594463TRLO0	LSE
588	380.50	14:30:36	00060594773TRLO0	LSE
1012	380.50	14:30:36	00060594774TRLO0	LSE
696	380.50	14:30:36	00060594775TRLO0	LSE
800	380.00	14:33:48	00060595140TRLO0	LSE
884	380.00	14:33:48	00060595141TRLO0	LSE
897	381.00	14:49:12	00060596572TRLO0	LSE
842	381.00	14:49:12	00060596573TRLO0	LSE
472	381.00	14:59:42	00060597311TRLO0	LSE
1593	382.00	15:06:01	00060597852TRLO0	LSE
523	382.00	15:06:02	00060597853TRLO0	LSE
1197	382.00	15:06:02	00060597854TRLO0	LSE
1546	382.00	15:11:02	00060598359TRLO0	LSE
1546	381.50	15:11:50	00060598466TRLO0	LSE
521	381.00	15:13:01	00060598598TRLO0	LSE
514	381.00	15:18:43	00060599046TRLO0	LSE
475	381.00	15:21:48	00060599296TRLO0	LSE
453	381.50	15:22:26	00060599335TRLO0	LSE
93	381.50	15:22:36	00060599336TRLO0	LSE
477	381.50	15:22:36	00060599337TRLO0	LSE
492	381.50	15:24:24	00060599380TRLO0	LSE
1802	381.00	15:34:34	00060599780TRLO0	LSE
1603	380.50	15:35:58	00060599844TRLO0	LSE
12	380.50	15:35:58	00060599845TRLO0	LSE
422	380.00	15:40:30	00060600015TRLO0	LSE
868	380.00	15:42:24	00060600071TRLO0	LSE
390	380.00	15:42:34	00060600086TRLO0	LSE
172	379.00	15:56:25	00060600793TRLO0	LSE
439	379.00	16:00:27	00060601037TRLO0	LSE
190	380.50	16:02:46	00060601142TRLO0	LSE
107	380.50	16:02:46	00060601143TRLO0	LSE
133	380.50	16:02:46	00060601144TRLO0	LSE
24	380.50	16:02:46	00060601145TRLO0	LSE
29	380.50	16:02:46	00060601146TRLO0	LSE
69	380.50	16:02:46	00060601147TRLO0	LSE
1633	380.00	16:02:49	00060601149TRLO0	LSE
210	380.00	16:03:49	00060601198TRLO0	LSE
1092	380.00	16:04:49	00060601256TRLO0	LSE
133	379.50	16:11:33	00060601632TRLO0	LSE
303	379.50	16:17:52	00060602194TRLO0	LSE
330	379.50	16:17:53	00060602195TRLO0	LSE
1575	380.50	16:21:48	00060602447TRLO0	LSE
1566	380.50	16:21:48	00060602448TRLO0	LSE
709	380.50	16:22:48	00060602529TRLO0	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    [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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