UK Markets close in 5 hrs 26 mins
  • FTSE 100

    7,479.12
    -10.07 (-0.13%)
     
  • FTSE 250

    18,871.90
    -58.67 (-0.31%)
     
  • AIM

    831.63
    -2.90 (-0.35%)
     
  • GBP/EUR

    1.1579
    -0.0033 (-0.29%)
     
  • GBP/USD

    1.2170
    -0.0035 (-0.2848%)
     
  • BTC-GBP

    13,827.40
    -62.71 (-0.45%)
     
  • CMC Crypto 200

    395.22
    -6.81 (-1.69%)
     
  • S&P 500

    3,933.92
    -7.34 (-0.19%)
     
  • DOW

    33,597.92
    +1.58 (+0.00%)
     
  • CRUDE OIL

    72.73
    +0.72 (+1.00%)
     
  • GOLD FUTURES

    1,795.10
    -2.90 (-0.16%)
     
  • NIKKEI 225

    27,574.43
    -111.97 (-0.40%)
     
  • HANG SENG

    19,450.23
    +635.41 (+3.38%)
     
  • DAX

    14,219.41
    -41.78 (-0.29%)
     
  • CAC 40

    6,649.71
    -10.88 (-0.16%)
     

Redde Northgate Plc - Transaction in Own Shares

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

28 October 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 28 October 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

: 90,000

Weighted average purchase price paid

: 332.0187 pence per share

Highest purchase price paid

: 334.5 pence per share

Lowest purchase price paid

: 327 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 13,626,303 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 232,465,120 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 28 October 2022)

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

2296

328.00

08:15:22

00061826181TRLO0

LSE

440

328.00

08:15:22

00061826180TRLO0

LSE

2345

327.00

08:26:59

00061826669TRLO0

LSE

915

331.50

08:36:59

00061827098TRLO0

LSE

408

332.50

08:37:29

00061827120TRLO0

LSE

67

332.50

08:37:29

00061827119TRLO0

LSE

1200

332.50

08:37:29

00061827118TRLO0

LSE

600

332.50

08:37:29

00061827117TRLO0

LSE

600

332.50

08:37:29

00061827116TRLO0

LSE

2300

332.00

08:38:06

00061827138TRLO0

LSE

2380

331.00

08:38:30

00061827140TRLO0

LSE

2057

330.50

08:39:39

00061827185TRLO0

LSE

1226

329.50

08:40:02

00061827203TRLO0

LSE

600

329.50

08:40:02

00061827202TRLO0

LSE

408

329.50

08:40:02

00061827201TRLO0

LSE

2949

332.00

10:07:33

00061831675TRLO0

LSE

618

332.00

10:07:49

00061831693TRLO0

LSE

395

332.00

10:07:49

00061831692TRLO0

LSE

1071

332.00

10:07:49

00061831691TRLO0

LSE

1030

332.00

10:07:49

00061831690TRLO0

LSE

290

332.00

10:07:49

00061831689TRLO0

LSE

106

332.00

10:07:49

00061831696TRLO0

LSE

326

332.00

10:07:49

00061831695TRLO0

LSE

600

332.00

10:07:49

00061831694TRLO0

LSE

1039

331.50

10:15:46

00061832119TRLO0

LSE

1091

331.50

10:15:46

00061832118TRLO0

LSE

873

330.50

10:37:15

00061832934TRLO0

LSE

578

331.00

11:15:47

00061835661TRLO0

LSE

600

331.00

11:15:47

00061835660TRLO0

LSE

600

331.00

11:15:47

00061835659TRLO0

LSE

600

331.00

11:15:47

00061835658TRLO0

LSE

597

330.50

11:15:47

00061835666TRLO0

LSE

622

330.50

11:15:47

00061835665TRLO0

LSE

768

330.50

11:15:47

00061835664TRLO0

LSE

189

330.50

11:15:47

00061835663TRLO0

LSE

910

330.50

11:15:47

00061835662TRLO0

LSE

296

331.00

12:06:31

00061837899TRLO0

LSE

641

330.50

12:09:19

00061838042TRLO0

LSE

600

330.50

12:09:19

00061838041TRLO0

LSE

250

330.50

12:09:19

00061838040TRLO0

LSE

441

330.50

12:09:19

00061838039TRLO0

LSE

539

332.00

12:34:12

00061839067TRLO0

LSE

348

332.00

12:34:12

00061839066TRLO0

LSE

2028

331.50

12:34:12

00061839068TRLO0

LSE

581

332.00

12:34:12

00061839070TRLO0

LSE

573

332.00

12:34:12

00061839069TRLO0

LSE

538

332.00

13:04:12

00061839956TRLO0

LSE

330

332.00

13:04:12

00061839959TRLO0

LSE

606

332.00

13:04:12

00061839958TRLO0

LSE

1170

332.00

13:04:12

00061839957TRLO0

LSE

77

331.50

13:27:54

00061840908TRLO0

LSE

143

331.00

13:27:54

00061840911TRLO0

LSE

1200

331.00

13:27:54

00061840910TRLO0

LSE

600

331.00

13:27:54

00061840909TRLO0

LSE

479

331.50

13:27:54

00061840915TRLO0

LSE

65

331.50

13:27:54

00061840914TRLO0

LSE

602

331.50

13:27:54

00061840913TRLO0

LSE

1161

331.50

13:27:54

00061840912TRLO0

LSE

970

331.50

13:29:32

00061840941TRLO0

LSE

582

332.50

13:35:01

00061842067TRLO0

LSE

1446

332.50

13:35:01

00061842066TRLO0

LSE

354

332.50

13:35:01

00061842065TRLO0

LSE

1141

332.50

13:35:01

00061842064TRLO0

LSE

230

332.50

13:35:01

00061842063TRLO0

LSE

249

332.50

13:35:01

00061842062TRLO0

LSE

1250

332.50

13:35:01

00061842069TRLO0

LSE

273

332.50

13:35:01

00061842068TRLO0

LSE

514

332.50

13:35:01

00061842070TRLO0

LSE

80

332.50

13:35:01

00061842071TRLO0

LSE

2136

332.00

13:47:56

00061842625TRLO0

LSE

40

332.00

13:47:56

00061842624TRLO0

LSE

490

333.50

14:13:52

00061843743TRLO0

LSE

541

333.50

14:13:52

00061843742TRLO0

LSE

901

333.50

14:13:52

00061843741TRLO0

LSE

346

333.50

14:14:22

00061843781TRLO0

LSE

997

333.50

14:14:22

00061843780TRLO0

LSE

106

333.00

14:24:35

00061844310TRLO0

LSE

1965

333.00

14:24:35

00061844309TRLO0

LSE

1607

333.00

14:24:35

00061844308TRLO0

LSE

566

333.00

14:24:35

00061844307TRLO0

LSE

22

333.00

14:24:35

00061844311TRLO0

LSE

1770

332.50

14:29:22

00061844619TRLO0

LSE

196

332.50

14:29:22

00061844618TRLO0

LSE

1961

334.00

14:43:36

00061846473TRLO0

LSE

1957

333.50

14:50:15

00061847464TRLO0

LSE

1950

333.50

14:50:15

00061847463TRLO0

LSE

1086

333.50

14:50:15

00061847466TRLO0

LSE

520

333.50

14:50:15

00061847465TRLO0

LSE

142

333.00

14:57:23

00061847716TRLO0

LSE

640

333.00

14:57:23

00061847715TRLO0

LSE

147

333.00

14:57:23

00061847718TRLO0

LSE

662

333.00

14:57:23

00061847717TRLO0

LSE

147

333.00

14:58:23

00061847740TRLO0

LSE

662

333.00

14:58:23

00061847739TRLO0

LSE

97

333.00

14:59:43

00061847812TRLO0

LSE

159

333.00

14:59:43

00061847814TRLO0

LSE

719

333.00

14:59:43

00061847813TRLO0

LSE

618

333.00

15:00:45

00061847901TRLO0

LSE

188

333.00

15:02:38

00061848060TRLO0

LSE

668

333.00

15:02:38

00061848059TRLO0

LSE

600

333.00

15:02:38

00061848061TRLO0

LSE

598

333.00

15:02:38

00061848062TRLO0

LSE

1200

332.50

15:10:59

00061848635TRLO0

LSE

660

332.50

15:10:59

00061848634TRLO0

LSE

415

332.50

15:10:59

00061848636TRLO0

LSE

1596

334.50

15:34:51

00061850212TRLO0

LSE

457

334.50

15:34:51

00061850211TRLO0

LSE

469

334.00

15:35:36

00061850268TRLO0

LSE

1414

334.00

15:35:36

00061850267TRLO0

LSE

148

334.00

15:35:36

00061850266TRLO0

LSE

450

334.00

16:06:40

00061852098TRLO0

LSE

1200

334.00

16:06:40

00061852097TRLO0

LSE

600

334.00

16:06:40

00061852096TRLO0

LSE

290

334.50

16:09:00

00061852221TRLO0

LSE

1800

334.50

16:12:00

00061852510TRLO0

LSE

46

334.50

16:12:00

00061852511TRLO0

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