Picture of Redde Northgate logo

REDD Redde Northgate News Story

0.000.00%
gb flag iconLast trade - 00:00
IndustrialsBalancedMid CapSuper Stock

REG-Redde Northgate Plc: Transaction in Own Shares

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

4 October 2022

REDDE NORTHGATE PLC

(“Redde Northgate” or the “Group” or the “Company”)

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 3 October 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            : 77,687                                 
 Weighted average purchase price paid  : 293.5342 pence per share               
 Highest purchase price paid           : 298 pence per share                    
 Lowest purchase price paid            : 287.5 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 11,614,719 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 234,476,704 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 3 October 2022)

 Number of shares   Transaction price      Time of transaction  Transaction reference number  Venue  
 purchased          (GB pence per share)                                                             
 411                288.50                 08:09:50             00061352449TRLO0              LSE    
 158                288.00                 08:11:01             00061352537TRLO0              LSE    
 2435               288.00                 08:11:01             00061352538TRLO0              LSE    
 20                 287.50                 08:11:41             00061352594TRLO0              LSE    
 1027               287.50                 08:11:54             00061352617TRLO0              LSE    
 700                287.50                 08:11:54             00061352618TRLO0              LSE    
 92                 287.50                 08:11:54             00061352619TRLO0              LSE    
 327                287.50                 08:11:54             00061352620TRLO0              LSE    
 2005               289.50                 08:29:37             00061353668TRLO0              LSE    
 305                290.50                 08:33:17             00061353914TRLO0              LSE    
 1703               290.00                 08:33:27             00061353936TRLO0              LSE    
 1124               290.00                 08:33:27             00061353937TRLO0              LSE    
 644                290.00                 08:33:27             00061353938TRLO0              LSE    
 303                289.50                 08:37:13             00061354145TRLO0              LSE    
 1670               289.50                 08:37:13             00061354146TRLO0              LSE    
 1948               290.50                 08:54:12             00061355426TRLO0              LSE    
 135                291.50                 09:00:33             00061355671TRLO0              LSE    
 1535               291.50                 09:00:33             00061355672TRLO0              LSE    
 2031               291.50                 09:00:33             00061355673TRLO0              LSE    
 441                291.50                 09:00:33             00061355674TRLO0              LSE    
 644                291.50                 09:00:33             00061355675TRLO0              LSE    
 781                291.50                 09:00:33             00061355676TRLO0              LSE    
 1933               291.00                 09:02:15             00061355736TRLO0              LSE    
 1996               290.50                 09:05:06             00061355875TRLO0              LSE    
 1424               290.50                 09:18:35             00061356293TRLO0              LSE    
 324                290.50                 09:18:35             00061356294TRLO0              LSE    
 128                291.00                 09:35:44             00061356767TRLO0              LSE    
 1830               291.00                 09:35:44             00061356768TRLO0              LSE    
 909                291.50                 10:01:15             00061357721TRLO0              LSE    
 1857               291.00                 10:07:13             00061357901TRLO0              LSE    
 1789               291.00                 10:07:13             00061357902TRLO0              LSE    
 405                293.00                 14:15:43             00061365581TRLO0              LSE    
 6                  293.00                 14:15:43             00061365582TRLO0              LSE    
 41                 293.00                 14:15:43             00061365583TRLO0              LSE    
 1644               293.00                 14:15:43             00061365584TRLO0              LSE    
 550                293.00                 14:15:43             00061365585TRLO0              LSE    
 810                293.00                 14:15:43             00061365586TRLO0              LSE    
 551                292.50                 14:30:34             00061366292TRLO0              LSE    
 382                292.50                 14:30:34             00061366293TRLO0              LSE    
 19                 293.00                 14:31:14             00061366346TRLO0              LSE    
 33                 293.00                 14:31:14             00061366347TRLO0              LSE    
 563                293.00                 14:32:37             00061366477TRLO0              LSE    
 37                 293.00                 14:32:37             00061366478TRLO0              LSE    
 466                293.00                 14:32:39             00061366487TRLO0              LSE    
 373                293.00                 14:32:53             00061366512TRLO0              LSE    
 484                293.00                 14:32:53             00061366513TRLO0              LSE    
 454                294.00                 14:47:23             00061367779TRLO0              LSE    
 1914               294.00                 14:48:08             00061367838TRLO0              LSE    
 1212               294.00                 14:52:25             00061368143TRLO0              LSE    
 660                293.50                 14:52:28             00061368145TRLO0              LSE    
 192                293.50                 14:52:32             00061368151TRLO0              LSE    
 840                293.50                 14:52:53             00061368201TRLO0              LSE    
 166                293.50                 14:52:53             00061368202TRLO0              LSE    
 200                293.50                 14:52:53             00061368203TRLO0              LSE    
 1389               293.50                 14:52:53             00061368204TRLO0              LSE    
 14                 294.50                 15:02:03             00061368869TRLO0              LSE    
 6                  294.50                 15:02:03             00061368870TRLO0              LSE    
 12                 294.50                 15:02:07             00061368888TRLO0              LSE    
 641                295.50                 15:16:03             00061369834TRLO0              LSE    
 891                295.50                 15:16:03             00061369835TRLO0              LSE    
 227                295.50                 15:16:03             00061369836TRLO0              LSE    
 1587               295.50                 15:16:03             00061369837TRLO0              LSE    
 169                295.50                 15:16:03             00061369838TRLO0              LSE    
 225                295.50                 15:16:03             00061369839TRLO0              LSE    
 123                295.50                 15:16:03             00061369840TRLO0              LSE    
 158                295.50                 15:16:03             00061369841TRLO0              LSE    
 143                295.50                 15:16:03             00061369842TRLO0              LSE    
 1287               295.50                 15:16:03             00061369843TRLO0              LSE    
 936                297.00                 15:28:45             00061370365TRLO0              LSE    
 700                297.00                 15:28:45             00061370366TRLO0              LSE    
 191                297.00                 15:28:45             00061370367TRLO0              LSE    
 1209               297.00                 15:28:45             00061370368TRLO0              LSE    
 621                297.00                 15:28:45             00061370369TRLO0              LSE    
 764                297.00                 15:32:31             00061370553TRLO0              LSE    
 571                297.00                 15:32:31             00061370554TRLO0              LSE    
 1838               297.50                 15:41:07             00061370886TRLO0              LSE    
 2305               297.50                 15:41:07             00061370887TRLO0              LSE    
 2151               297.00                 15:43:07             00061371006TRLO0              LSE    
 302                296.00                 15:49:12             00061371229TRLO0              LSE    
 700                297.00                 16:00:02             00061371611TRLO0              LSE    
 1300               297.00                 16:00:02             00061371612TRLO0              LSE    
 408                297.00                 16:01:05             00061371663TRLO0              LSE    
 1264               297.00                 16:01:05             00061371664TRLO0              LSE    
 31                 297.00                 16:03:05             00061371781TRLO0              LSE    
 16                 297.50                 16:06:04             00061371939TRLO0              LSE    
 552                297.50                 16:06:04             00061371940TRLO0              LSE    
 64                 297.50                 16:06:05             00061371942TRLO0              LSE    
 626                297.50                 16:12:48             00061372197TRLO0              LSE    
 863                297.50                 16:12:48             00061372198TRLO0              LSE    
 1237               297.50                 16:12:48             00061372199TRLO0              LSE    
 280                297.50                 16:12:48             00061372200TRLO0              LSE    
 1046               297.50                 16:12:48             00061372201TRLO0              LSE    
 1400               297.50                 16:12:48             00061372202TRLO0              LSE    
 700                297.50                 16:12:48             00061372203TRLO0              LSE    
 352                297.50                 16:12:48             00061372204TRLO0              LSE    
 1938               298.00                 16:15:05             00061372353TRLO0              LSE    
 269                298.00                 16:15:12             00061372358TRLO0              LSE    
 566                298.00                 16:15:12             00061372359TRLO0              LSE    
 567                298.00                 16:20:39             00061372622TRLO0              LSE    
 269                298.00                 16:21:34             00061372694TRLO0              LSE    
 148                298.00                 16:24:34             00061372890TRLO0              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



Copyright (c) 2022 PR Newswire Association,LLC. All Rights Reserved

Recent news on Redde Northgate

See all news