UK markets close in 7 hours 10 minutes
  • FTSE 100

    7,507.90
    +7.01 (+0.09%)
     
  • FTSE 250

    20,343.36
    +4.40 (+0.02%)
     
  • AIM

    933.83
    +0.63 (+0.07%)
     
  • GBP/EUR

    1.1830
    +0.0010 (+0.09%)
     
  • GBP/USD

    1.2104
    -0.0035 (-0.29%)
     
  • BTC-GBP

    19,799.80
    -795.58 (-3.86%)
     
  • CMC Crypto 200

    568.86
    -2.43 (-0.42%)
     
  • S&P 500

    4,280.15
    +72.88 (+1.73%)
     
  • DOW

    33,761.05
    +424.35 (+1.27%)
     
  • CRUDE OIL

    90.26
    -1.83 (-1.99%)
     
  • GOLD FUTURES

    1,802.60
    -12.90 (-0.71%)
     
  • NIKKEI 225

    28,871.78
    +324.80 (+1.14%)
     
  • HANG SENG

    20,052.25
    -123.37 (-0.61%)
     
  • DAX

    13,782.79
    -13.06 (-0.09%)
     
  • CAC 40

    6,557.76
    +3.90 (+0.06%)
     

Redde Northgate Plc - Transaction in Own Shares

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

20 July 2022

REDDE NORTHGATE PLC

(“Redde Northgate” or the “Group” or the “Company”)

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 19 July 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

: 26,862

Weighted average purchase price paid

: 354.8956 pence per share

Highest purchase price paid

: 358 pence per share

Lowest purchase price paid

: 350.5 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 6,416,189 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 239,675,234, 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 19 July 2022)

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

1813

351.50

08:34:35

00060094328TRLO0

LSE

175

351.50

08:34:35

00060094330TRLO0

LSE

911

351.50

08:34:35

00060094329TRLO0

LSE

1955

350.50

08:43:06

00060094592TRLO0

LSE

460

352.00

09:11:14

00060095449TRLO0

LSE

1647

352.00

09:11:14

00060095450TRLO0

LSE

1807

354.50

09:54:03

00060096574TRLO0

LSE

1841

354.50

09:54:03

00060096575TRLO0

LSE

2541

354.00

09:54:06

00060096576TRLO0

LSE

1157

354.00

10:02:32

00060097478TRLO0

LSE

700

354.00

10:02:32

00060097477TRLO0

LSE

1798

357.00

11:07:27

00060099656TRLO0

LSE

2121

356.50

11:15:02

00060099863TRLO0

LSE

135

357.50

12:02:20

00060101354TRLO0

LSE

699

357.50

12:04:19

00060101413TRLO0

LSE

289

357.50

12:04:19

00060101414TRLO0

LSE

910

357.50

12:04:19

00060101415TRLO0

LSE

1866

358.00

12:51:30

00060102403TRLO0

LSE

138

358.00

12:51:30

00060102404TRLO0

LSE

2124

358.00

12:51:30

00060102405TRLO0

LSE

519

357.50

12:52:04

00060102416TRLO0

LSE

1256

357.50

12:52:04

00060102415TRLO0

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