UK Markets closed

Redde Northgate Plc - Transaction in Own Shares

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

4 May 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 May 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

: 396.2742 pence per share

Highest purchase price paid

: 399 pence per share

Lowest purchase price paid

: 392 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 1,925,991 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 244,165,432, 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 May 2022)

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

1428

399.00

08:08:03

00058611863TRLO0

LSE

456

399.00

08:12:44

00058612239TRLO0

LSE

912

399.00

08:12:44

00058612240TRLO0

LSE

833

399.00

08:15:40

00058612564TRLO0

LSE

500

399.00

08:15:40

00058612565TRLO0

LSE

246

399.00

08:15:40

00058612566TRLO0

LSE

400

399.00

08:15:40

00058612567TRLO0

LSE

701

399.00

08:15:40

00058612568TRLO0

LSE

232

399.00

08:15:40

00058612569TRLO0

LSE

1144

398.50

08:08:18

00058611881TRLO0

LSE

291

398.50

08:08:18

00058611882TRLO0

LSE

36

398.00

08:12:44

00058612241TRLO0

LSE

1536

398.00

08:35:32

00058613728TRLO0

LSE

171

398.00

09:18:08

00058616033TRLO0

LSE

443

398.00

09:18:08

00058616034TRLO0

LSE

799

398.00

09:18:08

00058616035TRLO0

LSE

1620

398.00

09:18:08

00058616036TRLO0

LSE

1240

398.00

10:14:53

00058619510TRLO0

LSE

104

398.00

10:14:53

00058619511TRLO0

LSE

100

397.50

08:21:07

00058613001TRLO0

LSE

1452

397.50

08:21:07

00058613002TRLO0

LSE

1467

397.50

08:45:52

00058614324TRLO0

LSE

37

397.50

08:45:52

00058614325TRLO0

LSE

33

397.50

08:45:52

00058614326TRLO0

LSE

928

397.50

08:45:52

00058614327TRLO0

LSE

474

397.50

08:45:52

00058614328TRLO0

LSE

50000

397.50

10:11:17

00058619244TRLO0

LSE

86

397.50

10:29:39

00058620858TRLO0

LSE

595

397.50

10:29:39

00058620859TRLO0

LSE

836

397.50

10:29:47

00058620866TRLO0

LSE

400

397.00

09:51:25

00058617990TRLO0

LSE

700

396.50

08:58:34

00058615014TRLO0

LSE

668

396.50

08:58:34

00058615015TRLO0

LSE

817

396.50

09:59:11

00058618486TRLO0

LSE

1565

395.00

11:25:22

00058624110TRLO0

LSE

174

394.00

12:02:39

00058625995TRLO0

LSE

117

394.00

12:05:55

00058626124TRLO0

LSE

23

394.00

12:05:55

00058626125TRLO0

LSE

1236

394.00

12:10:20

00058626282TRLO0

LSE

400

394.00

12:31:05

00058627301TRLO0

LSE

217

393.50

12:26:57

00058627136TRLO0

LSE

719

393.50

12:38:31

00058627692TRLO0

LSE

563

393.50

12:38:31

00058627693TRLO0

LSE

798

393.50

12:59:31

00058628823TRLO0

LSE

536

393.50

13:08:23

00058629225TRLO0

LSE

1359

393.50

13:41:12

00058630727TRLO0

LSE

244

393.00

13:41:15

00058630734TRLO0

LSE

230

393.00

13:52:51

00058631307TRLO0

LSE

320

393.00

13:55:33

00058631456TRLO0

LSE

527

393.00

13:59:51

00058631631TRLO0

LSE

1317

393.00

14:12:42

00058632233TRLO0

LSE

634

393.00

14:12:42

00058632234TRLO0

LSE

767

393.00

14:12:42

00058632235TRLO0

LSE

667

393.00

14:26:26

00058633060TRLO0

LSE

804

393.00

14:26:26

00058633061TRLO0

LSE

203

392.50

14:26:28

00058633062TRLO0

LSE

1119

392.50

14:27:51

00058633147TRLO0

LSE

1446

392.50

15:51:29

00058640095TRLO0

LSE

653

392.50

15:59:29

00058640780TRLO0

LSE

339

392.50

15:59:29

00058640781TRLO0

LSE

587

392.50

15:59:29

00058640782TRLO0

LSE

685

392.00

14:44:59

00058635131TRLO0

LSE

631

392.00

14:44:59

00058635132TRLO0

LSE

1100

392.00

15:09:10

00058636936TRLO0

LSE

489

392.00

15:09:10

00058636937TRLO0

LSE

691

392.00

15:09:10

00058636938TRLO0

LSE

665

392.00

15:09:10

00058636939TRLO0

LSE

58

392.00

15:16:12

00058637396TRLO0

LSE

1000

392.00

15:16:12

00058637397TRLO0

LSE

461

392.00

15:16:12

00058637398TRLO0

LSE

678

392.00

15:18:12

00058637571TRLO0

LSE

577

392.00

15:39:11

00058639154TRLO0

LSE

31

392.00

15:39:11

00058639155TRLO0

LSE

15

392.00

15:41:06

00058639350TRLO0

LSE

492

392.00

15:41:06

00058639351TRLO0

LSE

165

392.00

15:41:06

00058639352TRLO0

LSE

88

392.00

15:41:06

00058639353TRLO0

LSE

23

392.00

15:41:06

00058639354TRLO0

LSE

1084

392.00

15:41:06

00058639355TRLO0

LSE

358

392.00

15:41:06

00058639356TRLO0

LSE

1460

392.00

16:12:16

00058642241TRLO0

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