UK markets closed

Redde Northgate Plc - Transaction in Own Shares

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·7-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

24 June 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 June 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

: 100,000

Weighted average purchase price paid

: 347.7916 pence per share

Highest purchase price paid

: 350 pence per share

Lowest purchase price paid

: 345.5 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 4,962,984 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 241,128,439, 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 June 2022)

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

1713

347.50

08:15:55

00059643425TRLO0

LSE

392

347.50

08:15:55

00059643424TRLO0

LSE

1428

347.50

08:24:00

00059643729TRLO0

LSE

1158

348.50

08:30:17

00059644126TRLO0

LSE

307

348.50

08:30:17

00059644127TRLO0

LSE

1236

348.50

08:37:03

00059644431TRLO0

LSE

397

348.50

08:37:03

00059644432TRLO0

LSE

1

348.50

08:48:04

00059644976TRLO0

LSE

429

348.50

08:48:28

00059645011TRLO0

LSE

1019

348.50

08:48:28

00059645012TRLO0

LSE

1663

347.50

08:55:19

00059645413TRLO0

LSE

2965

347.00

08:55:23

00059645439TRLO0

LSE

37

345.50

08:56:09

00059645469TRLO0

LSE

1898

345.50

08:56:09

00059645471TRLO0

LSE

411

345.50

08:56:09

00059645470TRLO0

LSE

1887

346.00

08:56:09

00059645472TRLO0

LSE

65

348.00

09:19:10

00059646721TRLO0

LSE

1096

348.00

09:30:06

00059647158TRLO0

LSE

517

348.00

09:30:06

00059647157TRLO0

LSE

1583

348.00

09:30:06

00059647156TRLO0

LSE

1594

347.50

09:35:21

00059647362TRLO0

LSE

2

349.50

10:23:51

00059649555TRLO0

LSE

1436

349.50

10:23:51

00059649556TRLO0

LSE

1438

349.00

10:31:22

00059649892TRLO0

LSE

460

348.50

10:50:45

00059650696TRLO0

LSE

537

350.00

10:57:02

00059650893TRLO0

LSE

652

350.00

10:57:02

00059650894TRLO0

LSE

1459

349.50

10:57:02

00059650896TRLO0

LSE

371

349.50

10:57:02

00059650898TRLO0

LSE

500

349.50

10:57:02

00059650897TRLO0

LSE

2

349.50

10:57:02

00059650899TRLO0

LSE

1086

348.50

10:57:06

00059650901TRLO0

LSE

183

348.50

10:57:06

00059650902TRLO0

LSE

526

348.50

10:57:06

00059650903TRLO0

LSE

1617

348.50

11:00:21

00059651108TRLO0

LSE

2

348.50

11:54:35

00059654120TRLO0

LSE

1666

349.50

11:55:56

00059654191TRLO0

LSE

500

349.50

11:55:56

00059654192TRLO0

LSE

1358

349.00

11:56:03

00059654203TRLO0

LSE

1576

348.50

11:56:08

00059654204TRLO0

LSE

1354

348.50

11:57:27

00059654252TRLO0

LSE

798

349.50

12:41:38

00059656187TRLO0

LSE

1388

349.50

12:41:38

00059656188TRLO0

LSE

1366

349.00

12:41:39

00059656189TRLO0

LSE

1453

348.50

13:06:26

00059657135TRLO0

LSE

215

348.50

13:06:26

00059657134TRLO0

LSE

1908

348.00

13:22:04

00059657677TRLO0

LSE

1366

348.00

13:35:02

00059658481TRLO0

LSE

1496

348.00

13:35:02

00059658480TRLO0

LSE

795

348.00

13:35:02

00059658483TRLO0

LSE

641

348.00

13:35:02

00059658482TRLO0

LSE

1169

347.50

14:05:59

00059659685TRLO0

LSE

445

347.50

14:05:59

00059659684TRLO0

LSE

1340

347.50

14:05:59

00059659683TRLO0

LSE

3200

348.00

14:20:59

00059660251TRLO0

LSE

861

348.00

14:20:59

00059660258TRLO0

LSE

562

348.00

14:20:59

00059660257TRLO0

LSE

544

348.00

14:20:59

00059660256TRLO0

LSE

700

348.00

14:20:59

00059660255TRLO0

LSE

700

348.00

14:20:59

00059660254TRLO0

LSE

5065

348.00

14:20:59

00059660253TRLO0

LSE

412

348.00

14:20:59

00059660252TRLO0

LSE

1623

348.00

14:29:59

00059660689TRLO0

LSE

1614

348.00

14:32:59

00059660935TRLO0

LSE

1623

347.50

14:32:59

00059660938TRLO0

LSE

1643

347.50

14:44:03

00059661798TRLO0

LSE

59

347.50

14:50:03

00059662128TRLO0

LSE

48

347.50

14:50:03

00059662127TRLO0

LSE

1400

347.50

14:50:03

00059662126TRLO0

LSE

1427

347.00

14:51:02

00059662204TRLO0

LSE

527

346.50

14:52:23

00059662276TRLO0

LSE

926

346.50

14:52:23

00059662275TRLO0

LSE

21

347.50

15:05:55

00059663434TRLO0

LSE

1046

348.00

15:07:19

00059663557TRLO0

LSE

500

348.00

15:07:19

00059663556TRLO0

LSE

1369

347.50

15:08:27

00059663678TRLO0

LSE

1091

347.50

15:08:27

00059663677TRLO0

LSE

369

347.50

15:08:27

00059663676TRLO0

LSE

981

347.00

15:16:22

00059664137TRLO0

LSE

408

347.00

15:16:22

00059664138TRLO0

LSE

485

348.00

15:41:24

00059666544TRLO0

LSE

77

348.00

15:41:24

00059666543TRLO0

LSE

498

348.00

15:41:24

00059666542TRLO0

LSE

1020

348.00

15:41:24

00059666541TRLO0

LSE

173

348.00

15:41:24

00059666540TRLO0

LSE

500

348.00

15:41:24

00059666545TRLO0

LSE

2101

348.00

15:41:24

00059666546TRLO0

LSE

559

347.50

15:41:31

00059666568TRLO0

LSE

828

347.50

15:41:31

00059666567TRLO0

LSE

1659

347.50

15:46:31

00059667300TRLO0

LSE

303

347.00

15:47:47

00059667393TRLO0

LSE

144

347.00

15:47:50

00059667397TRLO0

LSE

761

347.00

15:48:30

00059667446TRLO0

LSE

299

347.00

15:48:30

00059667447TRLO0

LSE

49

346.00

15:52:30

00059667954TRLO0

LSE

166

346.00

15:57:32

00059668371TRLO0

LSE

1409

346.00

15:58:22

00059668514TRLO0

LSE

1478

346.00

16:02:31

00059668976TRLO0

LSE

314

346.50

16:05:19

00059669213TRLO0

LSE

500

346.50

16:05:19

00059669212TRLO0

LSE

350

346.50

16:05:19

00059669211TRLO0

LSE

364

346.50

16:05:19

00059669210TRLO0

LSE

1597

345.50

16:06:45

00059669323TRLO0

LSE

334

346.50

16:15:35

00059670434TRLO0

LSE

327

346.50

16:15:35

00059670433TRLO0

LSE

577

346.50

16:15:35

00059670432TRLO0

LSE

193

346.50

16:15:35

00059670431TRLO0

LSE

510

346.50

16:16:31

00059670531TRLO0

LSE

500

346.50

16:16:31

00059670530TRLO0

LSE

305

346.00

16:19:49

00059670898TRLO0

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/Tilly Abraham +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

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting