Transaction in Own Shares

RNS Number : 8348W

Redde Northgate PLC

23 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

23 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 22 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	:  200,000
Weighted average purchase price paid	:  358.4852 pence per share
Highest purchase price paid	:  366 pence per share
Lowest purchase price paid	:  352 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 8,330,984 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 237,760,439, 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 22 August 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
50000	366.00	08:50:42	00060625465TRLO0	LSE
1782	365.50	09:00:35	00060625701TRLO0	LSE
1737	364.50	09:00:35	00060625702TRLO0	LSE
1961	363.50	09:03:11	00060625853TRLO0	LSE
605	362.50	09:05:35	00060625944TRLO0	LSE
58	363.50	09:15:52	00060626866TRLO0	LSE
1381	363.50	09:15:52	00060626867TRLO0	LSE
690	363.00	09:16:00	00060626903TRLO0	LSE
652	363.00	09:17:49	00060627082TRLO0	LSE
284	363.00	09:17:49	00060627081TRLO0	LSE
1020	365.00	09:47:35	00060628096TRLO0	LSE
312	365.00	09:47:35	00060628095TRLO0	LSE
997	364.50	10:00:28	00060628525TRLO0	LSE
342	364.50	10:04:07	00060628628TRLO0	LSE
606	364.50	10:04:07	00060628630TRLO0	LSE
189	364.50	10:04:07	00060628629TRLO0	LSE
329	365.00	10:16:50	00060628958TRLO0	LSE
14	365.00	10:16:50	00060628957TRLO0	LSE
211	364.50	10:21:10	00060629078TRLO0	LSE
103	364.50	10:21:10	00060629080TRLO0	LSE
2210	364.50	10:21:10	00060629079TRLO0	LSE
1590	364.00	10:23:18	00060629203TRLO0	LSE
1645	361.50	10:39:37	00060629864TRLO0	LSE
1138	360.00	11:12:49	00060631197TRLO0	LSE
386	357.00	11:24:42	00060631527TRLO0	LSE
283	357.00	11:27:55	00060631616TRLO0	LSE
219	357.00	11:30:58	00060631774TRLO0	LSE
782	357.00	11:30:58	00060631773TRLO0	LSE
1195	359.50	12:05:33	00060632804TRLO0	LSE
519	359.50	12:10:40	00060632949TRLO0	LSE
499	359.00	12:49:54	00060633871TRLO0	LSE
497	359.00	13:00:47	00060634232TRLO0	LSE
447	359.00	13:15:09	00060634668TRLO0	LSE
521	359.00	13:15:09	00060634667TRLO0	LSE
578	359.00	13:15:09	00060634666TRLO0	LSE
42	359.00	13:15:09	00060634665TRLO0	LSE
524	359.00	13:15:09	00060634664TRLO0	LSE
1752	358.50	13:15:09	00060634669TRLO0	LSE
484	354.00	13:31:39	00060635396TRLO0	LSE
1271	354.50	13:45:19	00060635916TRLO0	LSE
299	354.50	13:45:19	00060635915TRLO0	LSE
770	354.00	13:46:27	00060635983TRLO0	LSE
840	353.00	13:49:39	00060636215TRLO0	LSE
50000	355.75	14:18:19	00060637073TRLO0	LSE
2330	354.50	14:33:44	00060638112TRLO0	LSE
102	354.50	14:33:44	00060638114TRLO0	LSE
2322	354.50	14:33:44	00060638122TRLO0	LSE
1856	354.00	14:35:42	00060638320TRLO0	LSE
245	354.00	14:48:10	00060639033TRLO0	LSE
1547	355.00	15:01:10	00060639854TRLO0	LSE
299	354.50	15:09:23	00060640260TRLO0	LSE
457	354.50	15:09:23	00060640263TRLO0	LSE
1180	354.50	15:09:23	00060640262TRLO0	LSE
1385	354.50	15:09:23	00060640261TRLO0	LSE
22	354.50	15:09:23	00060640264TRLO0	LSE
436	354.50	15:09:23	00060640269TRLO0	LSE
441	354.50	15:09:23	00060640268TRLO0	LSE
157	354.50	15:09:23	00060640267TRLO0	LSE
189	354.50	15:09:23	00060640266TRLO0	LSE
851	354.50	15:09:23	00060640265TRLO0	LSE
2423	353.50	15:11:31	00060640396TRLO0	LSE
260	353.50	15:11:32	00060640398TRLO0	LSE
312	353.50	15:11:32	00060640397TRLO0	LSE
1040	353.50	15:11:32	00060640399TRLO0	LSE
324	353.50	15:11:32	00060640400TRLO0	LSE
710	353.50	15:11:32	00060640401TRLO0	LSE
77	353.50	15:11:39	00060640406TRLO0	LSE
678	353.50	15:11:39	00060640405TRLO0	LSE
590	353.50	15:11:39	00060640404TRLO0	LSE
111	353.50	15:11:39	00060640403TRLO0	LSE
1689	353.00	15:13:55	00060640520TRLO0	LSE
827	352.50	15:25:53	00060641191TRLO0	LSE
1604	352.50	15:25:53	00060641190TRLO0	LSE
1505	352.50	15:25:53	00060641189TRLO0	LSE
104	353.00	15:25:53	00060641198TRLO0	LSE
141	353.00	15:25:53	00060641197TRLO0	LSE
505	353.00	15:25:53	00060641196TRLO0	LSE
995	353.00	15:25:53	00060641195TRLO0	LSE
2645	353.00	15:25:53	00060641194TRLO0	LSE
472	353.00	15:25:53	00060641193TRLO0	LSE
600	353.00	15:25:53	00060641192TRLO0	LSE
1573	352.00	15:34:52	00060642067TRLO0	LSE
1661	352.00	15:34:52	00060642066TRLO0	LSE
1507	352.00	15:35:13	00060642095TRLO0	LSE
1512	352.00	15:35:13	00060642094TRLO0	LSE
1651	352.00	15:35:13	00060642097TRLO0	LSE
530	352.00	15:35:13	00060642096TRLO0	LSE
494	353.50	15:50:34	00060643214TRLO0	LSE
1701	353.50	15:50:34	00060643213TRLO0	LSE
1526	354.50	15:59:22	00060644129TRLO0	LSE
665	354.50	15:59:22	00060644128TRLO0	LSE
1031	354.50	15:59:22	00060644127TRLO0	LSE
1616	354.50	15:59:22	00060644126TRLO0	LSE
1656	354.50	15:59:22	00060644125TRLO0	LSE
4013	354.50	15:59:22	00060644124TRLO0	LSE
1345	354.50	15:59:22	00060644131TRLO0	LSE
500	354.50	15:59:22	00060644130TRLO0	LSE
766	354.00	16:05:50	00060644731TRLO0	LSE
188	354.00	16:07:53	00060644875TRLO0	LSE
654	354.00	16:07:53	00060644876TRLO0	LSE
706	354.00	16:10:00	00060645019TRLO0	LSE
152	354.00	16:10:00	00060645021TRLO0	LSE
706	354.00	16:10:00	00060645020TRLO0	LSE
172	354.00	16:15:37	00060645502TRLO0	LSE
1671	354.00	16:18:08	00060645738TRLO0	LSE
1698	354.00	16:18:08	00060645737TRLO0	LSE
2095	354.00	16:18:08	00060645736TRLO0	LSE
987	354.00	16:18:08	00060645735TRLO0	LSE
342	354.00	16:18:08	00060645734TRLO0	LSE
120	354.00	16:20:08	00060645881TRLO0	LSE
1061	354.00	16:20:08	00060645880TRLO0	LSE
1063	354.00	16:20:08	00060645879TRLO0	LSE
996	354.00	16:20:08	00060645878TRLO0	LSE
447	354.00	16:20:08	00060645877TRLO0	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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