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REG - Redde Northgate PLC - Transaction in Own Shares

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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  Transaction price      Time of transaction  Transaction reference number  Venue

purchased
(GB pence per share)
 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
                +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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