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

27 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 27 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            : 105,000                                
 Weighted average purchase price paid  : 333.3034 pence per share               
 Highest purchase price paid           : 335 pence per share                    
 Lowest purchase price paid            : 330.5 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 13,536,303 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 232,555,120 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 27 October 2022)

 Number of shares   Transaction price      Time of transaction  Transaction reference number  Venue  
 purchased          (GB pence per share)                                                             
 1313               330.50                 08:19:05             00061798276TRLO0              LSE    
 850                330.50                 08:19:05             00061798275TRLO0              LSE    
 321                331.50                 08:46:30             00061799620TRLO0              LSE    
 1175               334.00                 08:57:32             00061800598TRLO0              LSE    
 1200               334.00                 08:57:32             00061800597TRLO0              LSE    
 746                334.00                 08:57:32             00061800602TRLO0              LSE    
 215                334.00                 08:57:32             00061800601TRLO0              LSE    
 600                334.00                 08:57:32             00061800600TRLO0              LSE    
 454                334.00                 08:57:32             00061800599TRLO0              LSE    
 6                  333.50                 08:57:37             00061800606TRLO0              LSE    
 6                  333.50                 08:59:53             00061800759TRLO0              LSE    
 600                333.50                 09:05:59             00061801121TRLO0              LSE    
 718                333.50                 09:05:59             00061801122TRLO0              LSE    
 24                 333.50                 09:06:31             00061801154TRLO0              LSE    
 32                 333.50                 09:07:13             00061801194TRLO0              LSE    
 371                333.50                 09:07:59             00061801247TRLO0              LSE    
 24                 333.50                 09:07:59             00061801246TRLO0              LSE    
 259                333.50                 09:07:59             00061801248TRLO0              LSE    
 2216               333.50                 09:42:48             00061803378TRLO0              LSE    
 2384               333.00                 09:56:37             00061803929TRLO0              LSE    
 181                333.00                 09:56:37             00061803932TRLO0              LSE    
 437                333.00                 09:56:37             00061803931TRLO0              LSE    
 538                333.00                 09:56:37             00061803930TRLO0              LSE    
 2021               333.00                 11:04:57             00061807463TRLO0              LSE    
 35000              333.00                 11:08:09             00061807564TRLO0              LSE    
 2025               333.00                 11:34:00             00061808744TRLO0              LSE    
 10                 331.00                 11:45:15             00061809158TRLO0              LSE    
 8                  331.00                 11:45:35             00061809171TRLO0              LSE    
 2382               331.00                 11:59:25             00061809654TRLO0              LSE    
 2411               331.50                 13:15:18             00061811889TRLO0              LSE    
 212                331.50                 13:17:15             00061812080TRLO0              LSE    
 569                331.50                 13:17:15             00061812083TRLO0              LSE    
 715                331.50                 13:17:15             00061812082TRLO0              LSE    
 600                331.50                 13:17:15             00061812081TRLO0              LSE    
 639                331.50                 13:19:14             00061812168TRLO0              LSE    
 751                331.50                 13:19:15             00061812171TRLO0              LSE    
 122                331.50                 13:19:15             00061812170TRLO0              LSE    
 630                331.50                 13:19:24             00061812184TRLO0              LSE    
 2239               333.00                 13:38:43             00061813039TRLO0              LSE    
 1826               333.00                 13:50:58             00061813687TRLO0              LSE    
 179                333.00                 13:50:58             00061813686TRLO0              LSE    
 1357               332.50                 13:51:23             00061813725TRLO0              LSE    
 198                332.50                 13:51:23             00061813724TRLO0              LSE    
 6                  332.50                 13:51:23             00061813723TRLO0              LSE    
 826                332.50                 13:51:23             00061813722TRLO0              LSE    
 3                  334.50                 14:33:31             00061816302TRLO0              LSE    
 3045               335.00                 14:35:24             00061816430TRLO0              LSE    
 4                  335.00                 14:35:24             00061816432TRLO0              LSE    
 276                335.00                 14:35:24             00061816431TRLO0              LSE    
 2181               335.00                 14:35:24             00061816433TRLO0              LSE    
 5                  335.00                 14:36:41             00061816509TRLO0              LSE    
 2785               334.50                 14:39:45             00061816668TRLO0              LSE    
 509                334.50                 14:39:45             00061816667TRLO0              LSE    
 495                334.50                 14:39:45             00061816670TRLO0              LSE    
 571                334.50                 14:39:45             00061816669TRLO0              LSE    
 33                 334.00                 14:41:01             00061816757TRLO0              LSE    
 1422               334.00                 14:41:01             00061816759TRLO0              LSE    
 642                334.00                 14:41:01             00061816758TRLO0              LSE    
 172                333.50                 14:45:36             00061817103TRLO0              LSE    
 715                333.50                 14:45:36             00061817102TRLO0              LSE    
 453                333.50                 14:45:36             00061817104TRLO0              LSE    
 145                333.50                 14:46:28             00061817191TRLO0              LSE    
 915                333.50                 14:46:28             00061817190TRLO0              LSE    
 2323               333.00                 15:16:47             00061819383TRLO0              LSE    
 2054               333.00                 15:16:47             00061819382TRLO0              LSE    
 118                335.00                 15:32:41             00061820357TRLO0              LSE    
 689                335.00                 15:32:41             00061820356TRLO0              LSE    
 226                335.00                 15:32:41             00061820358TRLO0              LSE    
 326                335.00                 15:32:41             00061820359TRLO0              LSE    
 1217               335.00                 15:33:31             00061820388TRLO0              LSE    
 174                335.00                 15:36:31             00061820599TRLO0              LSE    
 1784               335.00                 15:36:31             00061820598TRLO0              LSE    
 2008               335.00                 15:40:31             00061820809TRLO0              LSE    
 1159               334.50                 15:42:05             00061820879TRLO0              LSE    
 799                334.50                 15:42:05             00061820880TRLO0              LSE    
 584                334.00                 15:42:28             00061820912TRLO0              LSE    
 1                  334.00                 15:42:28             00061820913TRLO0              LSE    
 469                334.00                 15:42:31             00061820914TRLO0              LSE    
 582                334.00                 15:42:35             00061820917TRLO0              LSE    
 20                 334.00                 15:42:55             00061820934TRLO0              LSE    
 12                 334.00                 15:43:08             00061820992TRLO0              LSE    
 13                 334.00                 15:43:08             00061820993TRLO0              LSE    
 1                  334.00                 15:51:08             00061821417TRLO0              LSE    
 496                334.00                 15:57:36             00061821779TRLO0              LSE    
 191                334.00                 15:58:58             00061821881TRLO0              LSE    
 1200               334.00                 15:58:58             00061821880TRLO0              LSE    
 883                334.00                 15:58:58             00061821879TRLO0              LSE    
 842                334.50                 16:12:41             00061822854TRLO0              LSE    
 8                  334.50                 16:12:41             00061822853TRLO0              LSE    
 591                334.50                 16:12:41             00061822852TRLO0              LSE    
 824                334.50                 16:12:41             00061822851TRLO0              LSE    
 1639               334.50                 16:12:41             00061822850TRLO0              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