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

23 December 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 December 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            : 57,319                                 
 Weighted average purchase price paid  : 420.533 pence per share                
 Highest purchase price paid           : 424 pence per share                    
 Lowest purchase price paid            : 417 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 16,877,571 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 229,213,852 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 December 2022)

 Number of shares   Transaction price      Time of transaction  Transaction reference number  Venue  
 purchased          (GB pence per share)                                                             
 303                421.00                 08:19:53             00062866829TRLO0              LSE    
 588                421.00                 08:24:43             00062867021TRLO0              LSE    
 1502               420.00                 08:29:51             00062867144TRLO0              LSE    
 712                421.00                 08:43:31             00062867572TRLO0              LSE    
 263                421.00                 08:43:31             00062867573TRLO0              LSE    
 23                 421.50                 08:43:58             00062867581TRLO0              LSE    
 314                421.50                 08:43:58             00062867582TRLO0              LSE    
 314                421.50                 08:43:58             00062867583TRLO0              LSE    
 607                421.50                 08:43:58             00062867584TRLO0              LSE    
 1000               421.50                 08:46:13             00062867656TRLO0              LSE    
 313                421.50                 08:46:13             00062867657TRLO0              LSE    
 1473               423.50                 08:50:52             00062867755TRLO0              LSE    
 1376               423.00                 08:54:52             00062867854TRLO0              LSE    
 16                 423.00                 08:54:52             00062867855TRLO0              LSE    
 424                423.50                 08:54:52             00062867856TRLO0              LSE    
 1013               423.50                 08:54:52             00062867857TRLO0              LSE    
 1590               424.00                 08:59:05             00062868017TRLO0              LSE    
 846                424.00                 08:59:05             00062868019TRLO0              LSE    
 435                424.00                 08:59:05             00062868022TRLO0              LSE    
 186                424.00                 08:59:05             00062868025TRLO0              LSE    
 243                424.00                 08:59:05             00062868027TRLO0              LSE    
 415                424.00                 09:00:36             00062868140TRLO0              LSE    
 1048               424.00                 09:00:36             00062868141TRLO0              LSE    
 2138               424.00                 09:10:43             00062868578TRLO0              LSE    
 827                424.00                 09:10:43             00062868579TRLO0              LSE    
 1480               422.00                 09:35:20             00062869245TRLO0              LSE    
 1497               421.00                 09:58:20             00062869775TRLO0              LSE    
 336                421.00                 09:58:20             00062869776TRLO0              LSE    
 1499               420.50                 10:19:35             00062870821TRLO0              LSE    
 1231               421.50                 10:44:07             00062871491TRLO0              LSE    
 1255               421.00                 11:04:35             00062872108TRLO0              LSE    
 1331               420.00                 11:23:50             00062872738TRLO0              LSE    
 1459               419.50                 12:09:53             00062874098TRLO0              LSE    
 414                419.50                 12:09:53             00062874099TRLO0              LSE    
 409                419.50                 12:09:53             00062874100TRLO0              LSE    
 976                419.50                 12:26:30             00062874498TRLO0              LSE    
 50                 419.50                 12:26:30             00062874499TRLO0              LSE    
 400                419.50                 12:26:30             00062874500TRLO0              LSE    
 1353               419.00                 12:51:03             00062875012TRLO0              LSE    
 56                 419.00                 12:51:03             00062875013TRLO0              LSE    
 116                418.50                 12:53:28             00062875092TRLO0              LSE    
 1000               418.50                 12:58:28             00062875200TRLO0              LSE    
 217                418.50                 12:58:28             00062875201TRLO0              LSE    
 708                418.50                 13:46:21             00062876795TRLO0              LSE    
 207                418.50                 13:46:21             00062876796TRLO0              LSE    
 345                418.50                 13:46:21             00062876797TRLO0              LSE    
 1886               418.00                 13:51:07             00062877176TRLO0              LSE    
 1000               418.50                 14:25:09             00062878456TRLO0              LSE    
 271                418.50                 14:25:09             00062878457TRLO0              LSE    
 92                 418.50                 14:25:09             00062878458TRLO0              LSE    
 1299               418.50                 14:33:19             00062879101TRLO0              LSE    
 547                418.00                 14:33:19             00062879102TRLO0              LSE    
 364                418.50                 14:33:19             00062879103TRLO0              LSE    
 500                418.00                 14:39:10             00062879511TRLO0              LSE    
 234                418.00                 14:39:10             00062879512TRLO0              LSE    
 654                418.00                 14:39:10             00062879513TRLO0              LSE    
 701                418.00                 14:39:10             00062879514TRLO0              LSE    
 288                418.50                 14:53:18             00062880244TRLO0              LSE    
 240                419.50                 15:01:17             00062880805TRLO0              LSE    
 648                419.50                 15:01:17             00062880806TRLO0              LSE    
 618                419.50                 15:01:17             00062880807TRLO0              LSE    
 1277               418.50                 15:02:04             00062880869TRLO0              LSE    
 1                  418.50                 15:02:04             00062880870TRLO0              LSE    
 6                  419.50                 15:06:55             00062881195TRLO0              LSE    
 862                419.50                 15:06:55             00062881196TRLO0              LSE    
 576                420.00                 15:10:59             00062881364TRLO0              LSE    
 100                420.00                 15:10:59             00062881365TRLO0              LSE    
 746                420.00                 15:10:59             00062881366TRLO0              LSE    
 1232               419.50                 15:13:21             00062881538TRLO0              LSE    
 10                 419.50                 15:14:21             00062881620TRLO0              LSE    
 30                 419.50                 15:14:21             00062881621TRLO0              LSE    
 52                 419.50                 15:14:21             00062881622TRLO0              LSE    
 605                420.00                 15:17:23             00062881841TRLO0              LSE    
 10                 419.50                 15:20:02             00062881912TRLO0              LSE    
 533                419.50                 15:22:25             00062882003TRLO0              LSE    
 1                  419.50                 15:22:25             00062882004TRLO0              LSE    
 761                419.50                 15:22:25             00062882005TRLO0              LSE    
 26                 419.50                 15:22:25             00062882006TRLO0              LSE    
 660                419.50                 15:29:25             00062882352TRLO0              LSE    
 472                419.50                 15:30:13             00062882403TRLO0              LSE    
 256                419.50                 15:30:13             00062882404TRLO0              LSE    
 401                419.50                 15:36:02             00062882756TRLO0              LSE    
 400                419.50                 15:36:02             00062882757TRLO0              LSE    
 614                420.00                 15:42:04             00062883348TRLO0              LSE    
 777                420.00                 15:42:04             00062883349TRLO0              LSE    
 487                419.50                 15:45:19             00062883582TRLO0              LSE    
 250                419.50                 15:45:19             00062883583TRLO0              LSE    
 1201               419.50                 15:45:19             00062883584TRLO0              LSE    
 4                  419.50                 15:55:10             00062884137TRLO0              LSE    
 65                 419.00                 16:02:16             00062884604TRLO0              LSE    
 313                419.00                 16:02:16             00062884605TRLO0              LSE    
 157                419.00                 16:02:16             00062884606TRLO0              LSE    
 598                419.00                 16:02:16             00062884607TRLO0              LSE    
 177                418.50                 16:11:01             00062884967TRLO0              LSE    
 9                  417.00                 16:20:41             00062885601TRLO0              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