UK markets close in 7 hours 59 minutes
  • FTSE 100

    7,037.89
    +19.29 (+0.27%)
     
  • FTSE 250

    17,830.97
    -141.72 (-0.79%)
     
  • AIM

    831.03
    -2.56 (-0.31%)
     
  • GBP/EUR

    1.1072
    -0.0117 (-1.05%)
     
  • GBP/USD

    1.0737
    -0.0120 (-1.11%)
     
  • BTC-GBP

    17,575.85
    -310.46 (-1.74%)
     
  • CMC Crypto 200

    431.95
    -12.58 (-2.83%)
     
  • S&P 500

    3,693.23
    -64.76 (-1.72%)
     
  • DOW

    29,590.41
    -486.29 (-1.62%)
     
  • CRUDE OIL

    78.00
    -0.74 (-0.94%)
     
  • GOLD FUTURES

    1,649.90
    -5.70 (-0.34%)
     
  • NIKKEI 225

    26,431.55
    -722.28 (-2.66%)
     
  • HANG SENG

    17,809.44
    -123.83 (-0.69%)
     
  • DAX

    12,246.87
    -37.32 (-0.30%)
     
  • CAC 40

    5,782.16
    -1.25 (-0.02%)
     

Redde Northgate Plc - Transaction in Own Shares

·8-min read

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

8 September 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 7 September 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

: 314.9380 pence per share

Highest purchase price paid

: 317 pence per share

Lowest purchase price paid

: 312.5 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 9,494,281 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 236,497,142, 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 7 September 2022)

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

641

314.50

08:25:36

00060871428TRLO0

LSE

1074

314.50

08:25:36

00060871429TRLO0

LSE

676

314.50

08:25:36

00060871430TRLO0

LSE

1063

314.50

08:25:36

00060871431TRLO0

LSE

1893

314.00

08:27:33

00060871479TRLO0

LSE

37

313.50

08:29:52

00060871552TRLO0

LSE

800

313.50

08:29:52

00060871553TRLO0

LSE

923

313.50

08:29:52

00060871554TRLO0

LSE

1589

313.50

08:29:52

00060871555TRLO0

LSE

1759

316.00

08:53:00

00060872399TRLO0

LSE

1938

315.50

08:53:01

00060872402TRLO0

LSE

1689

315.00

08:53:02

00060872405TRLO0

LSE

1553

317.00

09:17:44

00060873775TRLO0

LSE

5

317.00

09:19:35

00060873810TRLO0

LSE

580

317.00

09:19:35

00060873811TRLO0

LSE

439

317.00

09:19:35

00060873812TRLO0

LSE

1525

316.50

09:26:40

00060873963TRLO0

LSE

1442

317.00

09:49:10

00060874513TRLO0

LSE

285

317.00

09:49:10

00060874514TRLO0

LSE

1376

316.50

10:02:39

00060874878TRLO0

LSE

414

316.50

10:02:39

00060874879TRLO0

LSE

131

316.00

10:07:09

00060874965TRLO0

LSE

1495

316.00

10:07:09

00060874966TRLO0

LSE

1791

316.00

10:07:09

00060874967TRLO0

LSE

835

315.50

10:23:11

00060875459TRLO0

LSE

864

315.50

10:23:11

00060875460TRLO0

LSE

134

315.50

10:23:11

00060875461TRLO0

LSE

1648

315.50

10:23:11

00060875462TRLO0

LSE

1724

316.00

10:39:07

00060876096TRLO0

LSE

1164

315.50

10:40:00

00060876126TRLO0

LSE

507

315.50

10:40:00

00060876127TRLO0

LSE

1656

315.50

10:54:47

00060876539TRLO0

LSE

900

315.50

10:54:47

00060876540TRLO0

LSE

677

315.50

10:54:47

00060876541TRLO0

LSE

1907

315.00

11:16:52

00060877382TRLO0

LSE

1659

314.50

11:46:45

00060878425TRLO0

LSE

1184

314.50

12:15:45

00060879334TRLO0

LSE

421

314.50

12:15:45

00060879335TRLO0

LSE

456

314.00

12:29:17

00060879773TRLO0

LSE

691

314.00

12:33:05

00060880021TRLO0

LSE

720

314.00

12:33:05

00060880022TRLO0

LSE

420

314.00

12:33:05

00060880023TRLO0

LSE

1158

314.00

12:33:05

00060880024TRLO0

LSE

706

313.50

12:38:22

00060880453TRLO0

LSE

1019

313.50

12:38:22

00060880454TRLO0

LSE

606

313.00

13:01:42

00060881317TRLO0

LSE

843

313.00

13:06:44

00060881607TRLO0

LSE

377

313.00

13:06:44

00060881608TRLO0

LSE

303

312.50

13:24:50

00060882385TRLO0

LSE

470

312.50

13:30:51

00060882678TRLO0

LSE

77

313.50

13:36:16

00060882920TRLO0

LSE

371

314.00

13:37:01

00060882959TRLO0

LSE

709

314.50

13:39:41

00060883039TRLO0

LSE

927

314.50

13:44:05

00060883186TRLO0

LSE

1356

314.50

13:44:05

00060883187TRLO0

LSE

1855

314.50

13:44:05

00060883188TRLO0

LSE

69

314.50

13:44:05

00060883189TRLO0

LSE

2154

314.50

13:44:05

00060883190TRLO0

LSE

1595

314.50

13:52:17

00060883411TRLO0

LSE

506

314.50

14:02:55

00060883787TRLO0

LSE

450

314.50

14:02:55

00060883788TRLO0

LSE

367

314.50

14:06:25

00060883979TRLO0

LSE

454

314.50

14:06:25

00060883980TRLO0

LSE

34

314.50

14:09:35

00060884214TRLO0

LSE

82

314.50

14:09:35

00060884215TRLO0

LSE

148

314.50

14:09:35

00060884216TRLO0

LSE

525

314.50

14:11:39

00060884330TRLO0

LSE

1652

314.00

14:12:17

00060884448TRLO0

LSE

1902

315.00

14:36:48

00060886008TRLO0

LSE

507

315.00

14:37:35

00060886102TRLO0

LSE

457

315.00

14:37:35

00060886103TRLO0

LSE

442

315.50

14:39:15

00060886223TRLO0

LSE

50

315.50

14:39:15

00060886224TRLO0

LSE

1346

315.00

14:39:15

00060886225TRLO0

LSE

540

315.00

14:39:49

00060886243TRLO0

LSE

57

315.00

14:45:49

00060886493TRLO0

LSE

32

315.00

14:45:49

00060886494TRLO0

LSE

85

315.00

14:45:49

00060886495TRLO0

LSE

455

315.00

14:45:49

00060886496TRLO0

LSE

162

315.00

14:45:49

00060886497TRLO0

LSE

44

315.00

14:47:25

00060886590TRLO0

LSE

94

315.00

14:47:25

00060886591TRLO0

LSE

366

315.00

14:47:25

00060886592TRLO0

LSE

1672

314.50

14:49:26

00060886661TRLO0

LSE

379

314.50

14:49:26

00060886662TRLO0

LSE

1447

314.50

14:49:47

00060886697TRLO0

LSE

332

314.00

14:51:02

00060886791TRLO0

LSE

1498

314.00

14:51:02

00060886792TRLO0

LSE

378

313.00

14:59:10

00060887234TRLO0

LSE

1187

313.00

14:59:10

00060887235TRLO0

LSE

547

312.50

15:01:25

00060887325TRLO0

LSE

270

312.50

15:01:25

00060887326TRLO0

LSE

1341

313.50

15:13:56

00060887922TRLO0

LSE

314

313.50

15:13:56

00060887923TRLO0

LSE

486

313.50

15:13:56

00060887924TRLO0

LSE

28

313.50

15:13:56

00060887925TRLO0

LSE

1155

313.50

15:13:56

00060887926TRLO0

LSE

1719

313.50

15:17:41

00060888028TRLO0

LSE

1924

314.00

15:40:17

00060889329TRLO0

LSE

257

314.00

15:40:17

00060889330TRLO0

LSE

800

314.00

15:40:17

00060889331TRLO0

LSE

730

314.00

15:40:17

00060889332TRLO0

LSE

409

315.00

15:46:30

00060889674TRLO0

LSE

1308

315.00

15:46:30

00060889675TRLO0

LSE

486

315.00

15:46:30

00060889676TRLO0

LSE

1259

315.00

15:46:30

00060889677TRLO0

LSE

549

316.50

15:55:25

00060890069TRLO0

LSE

450

316.50

15:55:25

00060890070TRLO0

LSE

370

316.50

15:55:25

00060890071TRLO0

LSE

193

316.50

15:55:25

00060890072TRLO0

LSE

542

316.50

15:57:45

00060890215TRLO0

LSE

342

316.50

15:57:45

00060890216TRLO0

LSE

31

316.50

15:57:45

00060890217TRLO0

LSE

425

316.50

15:57:45

00060890218TRLO0

LSE

426

316.50

15:59:45

00060890344TRLO0

LSE

63

316.50

15:59:45

00060890345TRLO0

LSE

53

316.50

15:59:45

00060890346TRLO0

LSE

468

316.50

15:59:45

00060890347TRLO0

LSE

16

316.50

16:00:45

00060890404TRLO0

LSE

862

316.50

16:00:45

00060890405TRLO0

LSE

1500

316.50

16:07:04

00060890770TRLO0

LSE

415

316.50

16:07:04

00060890771TRLO0

LSE

1101

316.50

16:12:25

00060891006TRLO0

LSE

42

316.50

16:12:25

00060891007TRLO0

LSE

312

316.50

16:12:25

00060891008TRLO0

LSE

105

316.50

16:12:25

00060891009TRLO0

LSE

144

316.50

16:12:25

00060891010TRLO0

LSE

510

316.00

16:12:30

00060891014TRLO0

LSE

141

316.00

16:12:30

00060891015TRLO0

LSE

283

316.00

16:12:30

00060891016TRLO0

LSE

17

316.50

16:14:35

00060891233TRLO0

LSE

709

316.50

16:14:35

00060891234TRLO0

LSE

66

316.50

16:14:35

00060891235TRLO0

LSE

141

316.50

16:14:35

00060891236TRLO0

LSE

800

316.50

16:18:35

00060891544TRLO0

LSE

961

316.50

16:18:35

00060891545TRLO0

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