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
09 February 2024
REDDE NORTHGATE PLC
(“Redde Northgate” or the “Group” or the “Company”)
Transaction in Own Shares
Redde Northgate plc (LSE:REDD) announces that on 09 February 2024 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 : 338.88309 pence per share
Highest purchase price paid : 340 pence per share
Lowest purchase price paid : 337 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 18,665,071 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 227,426,352 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 (as at 09 February 2024)
Number of shares Transaction price Time of transaction Transaction reference number Venue
purchased (GB pence per share)
1321 42 623 1402 740 347 653 622 257 619 25000 1100 4657 430 95 31 1408 530 1115 1457 530 1330 870 179 191 136 1157 62 531 499 2260 300 1258 208 1516 1554 1606 5 105 43254 339.50 339.50 339.00 339.00 339.00 338.50 338.50 338.50 337.00 337.00 337.20 339.50 339.50 339.50 339.50 339.50 339.50 339.50 339.50 339.50 339.00 339.00 339.00 339.00 339.00 339.00 339.00 339.00 340.00 340.00 340.00 340.00 340.00 340.00 340.00 339.50 339.50 339.00 339.00 339.50 08:38:00 08:38:00 08:41:34 08:41:34 08:41:34 08:41:34 08:41:34 08:41:34 11:59:13 11:59:13 13:46:50 14:15:20 14:15:20 14:15:20 14:15:20 14:23:01 14:23:01 14:23:01 14:23:01 14:23:01 14:23:13 14:49:10 14:49:10 14:50:02 14:50:02 14:50:02 14:50:02 14:50:02 15:09:02 15:10:02 15:10:02 15:10:02 15:10:02 15:10:02 15:10:02 15:14:04 15:14:04 15:24:02 15:24:02 15:26:01 00068828302TRLO0 00068828301TRLO0 00068828359TRLO0 00068828358TRLO0 00068828357TRLO0 00068828361TRLO0 LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE LSE
00068828360TRLO0 00068828362TRLO0 00068833191TRLO0 00068833190TRLO0 00068835407TRLO0 00068836076TRLO0
00068836077TRLO0 00068836078TRLO0 00068836079TRLO0 00068836333TRLO0 00068836334TRLO0 00068836335TRLO0
00068836336TRLO0 00068836337TRLO0 00068836354TRLO0 00068837309TRLO0 00068837308TRLO0 00068837322TRLO0
00068837321TRLO0 00068837320TRLO0 00068837319TRLO0 00068837318TRLO0 00068837992TRLO0 00068838060TRLO0
00068838061TRLO0 00068838062TRLO0 00068838063TRLO0 00068838064TRLO0 00068838065TRLO0 00068838267TRLO0
00068838266TRLO0 00068838626TRLO0 00068838625TRLO0 00068838695TRLO0
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
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