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REG - Redde Northgate PLC - Transaction in Own Shares

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RNS Number : 6835W  Redde Northgate PLC  22 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

22 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 19 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  :  377.9246 pence per share
 Highest purchase price paid           :  380 pence per share
 Lowest purchase price paid            :  375.5 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 8,130,984 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 237,960,439, 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 19 August 2022)

 

 

 Number of shares  Transaction price      Time of transaction  Transaction reference number  Venue

purchased
(GB pence per share)
 1696              377.00                  08:18:23            00060604698TRLO0              LSE
 12                378.00                  08:45:05            00060605269TRLO0              LSE
 422               378.00                  08:45:05            00060605270TRLO0              LSE
 1739              378.00                  08:45:05            00060605271TRLO0              LSE
 1578              377.00                  09:09:33            00060606243TRLO0              LSE
 1542              376.50                  09:30:29            00060606838TRLO0              LSE
 173               376.00                  09:37:30            00060607040TRLO0              LSE
 1627              376.00                  09:37:30            00060607041TRLO0              LSE
 392               376.00                  09:37:30            00060607044TRLO0              LSE
 800               376.00                  09:37:30            00060607043TRLO0              LSE
 800               376.00                  09:37:30            00060607042TRLO0              LSE
 51                375.50                  09:57:48            00060607640TRLO0              LSE
 663               378.00                  10:04:56            00060607981TRLO0              LSE
 1668              378.00                  10:04:56            00060607980TRLO0              LSE
 2039              378.00                  10:04:56            00060607982TRLO0              LSE
 1668              378.00                  10:04:56            00060607983TRLO0              LSE
 36                378.00                  10:04:56            00060607984TRLO0              LSE
 3137              378.00                  10:04:56            00060607986TRLO0              LSE
 3405              378.00                  10:04:56            00060607985TRLO0              LSE
 800               377.50                  10:06:00            00060608022TRLO0              LSE
 907               377.50                  10:06:00            00060608021TRLO0              LSE
 1519              377.50                  10:07:45            00060608071TRLO0              LSE
 1669              378.00                  10:24:47            00060608840TRLO0              LSE
 223               380.00                  11:25:08            00060610134TRLO0              LSE
 658               380.00                  11:25:08            00060610130TRLO0              LSE
 777               380.00                  11:25:08            00060610132TRLO0              LSE
 1600              380.00                  11:25:08            00060610131TRLO0              LSE
 1644              380.00                  11:25:08            00060610133TRLO0              LSE
 1841              380.00                  11:25:08            00060610135TRLO0              LSE
 52                379.50                  11:37:09            00060610341TRLO0              LSE
 466               379.50                  11:37:09            00060610343TRLO0              LSE
 754               379.50                  11:37:09            00060610342TRLO0              LSE
 230               379.00                  12:05:35            00060610780TRLO0              LSE
 286               380.00                  12:08:36            00060610836TRLO0              LSE
 286               380.00                  12:08:36            00060610835TRLO0              LSE
 1071              380.00                  12:08:36            00060610834TRLO0              LSE
 305               379.00                  12:10:45            00060610874TRLO0              LSE
 316               379.00                  12:13:55            00060610954TRLO0              LSE
 318               379.00                  12:17:15            00060611068TRLO0              LSE
 305               379.00                  12:20:35            00060611184TRLO0              LSE
 316               379.00                  12:23:45            00060611279TRLO0              LSE
 24                379.00                  12:27:05            00060611369TRLO0              LSE
 282               379.00                  12:27:05            00060611370TRLO0              LSE
 1565              379.00                  12:27:05            00060611371TRLO0              LSE
 305               378.50                  12:30:45            00060611499TRLO0              LSE
 328               378.50                  12:33:25            00060611559TRLO0              LSE
 317               378.50                  12:36:55            00060611675TRLO0              LSE
 904               378.50                  12:36:55            00060611676TRLO0              LSE
 46                378.00                  12:43:35            00060611853TRLO0              LSE
 309               378.00                  12:46:55            00060611911TRLO0              LSE
 305               378.00                  12:50:15            00060612030TRLO0              LSE
 501               378.00                  12:52:05            00060612069TRLO0              LSE
 305               378.00                  12:53:25            00060612135TRLO0              LSE
 1579              379.00                  13:35:08            00060613384TRLO0              LSE
 462               378.50                  13:53:04            00060613941TRLO0              LSE
 317               378.50                  13:59:18            00060614116TRLO0              LSE
 800               378.50                  13:59:18            00060614115TRLO0              LSE
 1786              378.50                  13:59:18            00060614117TRLO0              LSE
 500               378.00                  14:00:50            00060614181TRLO0              LSE
 1561              378.00                  14:10:26            00060614422TRLO0              LSE
 484               377.50                  14:18:29            00060614721TRLO0              LSE
 534               377.50                  14:30:17            00060615167TRLO0              LSE
 29                379.00                  14:35:35            00060615550TRLO0              LSE
 1668              379.00                  14:39:23            00060615723TRLO0              LSE
 390               379.00                  14:41:33            00060615899TRLO0              LSE
 1436              379.00                  14:41:33            00060615900TRLO0              LSE
 1741              378.50                  14:43:55            00060616231TRLO0              LSE
 1877              378.50                  14:43:55            00060616232TRLO0              LSE
 409               377.50                  14:51:32            00060616841TRLO0              LSE
 683               377.50                  14:51:32            00060616840TRLO0              LSE
 696               377.50                  14:51:32            00060616842TRLO0              LSE
 534               377.00                  15:03:44            00060617422TRLO0              LSE
 521               377.00                  15:06:50            00060617614TRLO0              LSE
 457               377.00                  15:09:32            00060617772TRLO0              LSE
 148               378.00                  15:22:58            00060618756TRLO0              LSE
 1360              378.00                  15:22:58            00060618757TRLO0              LSE
 265               377.50                  15:24:58            00060618832TRLO0              LSE
 25000             377.50                  15:27:57            00060618966TRLO0              LSE
 276               377.50                  15:35:35            00060619345TRLO0              LSE
 1409              377.50                  15:35:35            00060619346TRLO0              LSE
 407               377.00                  15:44:23            00060619604TRLO0              LSE
 515               377.00                  15:46:47            00060619663TRLO0              LSE
 497               377.00                  15:49:17            00060619727TRLO0              LSE
 366               377.00                  15:50:41            00060619779TRLO0              LSE
 273               377.00                  15:51:44            00060619809TRLO0              LSE
 412               377.00                  15:51:44            00060619810TRLO0              LSE
 1237              377.00                  15:51:44            00060619811TRLO0              LSE
 555               377.00                  15:51:44            00060619813TRLO0              LSE
 1235              377.00                  15:51:44            00060619812TRLO0              LSE
 1679              377.00                  16:01:23            00060620422TRLO0              LSE
 220               377.00                  16:06:59            00060620711TRLO0              LSE
 700               377.00                  16:06:59            00060620712TRLO0              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
                +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 (http://www.reddenorthgate.com)

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