UK markets open in 1 hour 25 minutes
  • NIKKEI 225

    27,686.40
    -199.47 (-0.72%)
     
  • HANG SENG

    19,288.44
    -152.74 (-0.79%)
     
  • CRUDE OIL

    74.42
    +0.17 (+0.23%)
     
  • GOLD FUTURES

    1,784.70
    +2.30 (+0.13%)
     
  • DOW

    33,596.34
    -350.76 (-1.03%)
     
  • BTC-GBP

    14,025.33
    -77.76 (-0.55%)
     
  • CMC Crypto 200

    400.74
    -1.06 (-0.26%)
     
  • ^IXIC

    11,014.89
    -225.05 (-2.00%)
     
  • ^FTAS

    4,114.48
    -28.73 (-0.69%)
     

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

31 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 31 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

: 105,000

Weighted average purchase price paid

: 331.9641 pence per share

Highest purchase price paid

: 334.5 pence per share

Lowest purchase price paid

: 330 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 13,731,303 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 232,360,120 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 31 October 2022)

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

2112

334.50

08:24:10

00061855420TRLO0

LSE

2043

334.00

08:30:00

00061855505TRLO0

LSE

929

333.00

08:30:38

00061855529TRLO0

LSE

1314

333.00

08:30:38

00061855530TRLO0

LSE

25000

331.50

08:49:32

00061855959TRLO0

LSE

996

331.50

09:26:41

00061857005TRLO0

LSE

1301

331.50

09:26:41

00061857006TRLO0

LSE

695

331.50

09:26:41

00061857007TRLO0

LSE

853

331.50

09:26:41

00061857008TRLO0

LSE

175

331.50

09:26:41

00061857009TRLO0

LSE

600

331.50

09:26:41

00061857010TRLO0

LSE

569

331.50

09:26:41

00061857011TRLO0

LSE

600

331.50

09:26:41

00061857012TRLO0

LSE

600

331.50

09:26:41

00061857013TRLO0

LSE

600

331.50

09:26:41

00061857014TRLO0

LSE

438

331.50

09:26:41

00061857015TRLO0

LSE

93

331.50

09:26:42

00061857016TRLO0

LSE

51

331.50

09:26:43

00061857017TRLO0

LSE

387

331.00

11:04:03

00061859175TRLO0

LSE

1521

331.00

12:22:29

00061861111TRLO0

LSE

387

331.00

12:22:29

00061861112TRLO0

LSE

1767

331.00

12:22:29

00061861113TRLO0

LSE

600

331.00

12:22:29

00061861114TRLO0

LSE

24

331.00

12:22:29

00061861115TRLO0

LSE

1184

331.50

13:07:29

00061862297TRLO0

LSE

2870

331.50

13:07:29

00061862298TRLO0

LSE

607

331.50

13:07:29

00061862299TRLO0

LSE

351

331.50

13:07:29

00061862300TRLO0

LSE

1193

331.50

13:07:29

00061862301TRLO0

LSE

1943

331.50

13:15:05

00061862490TRLO0

LSE

2197

331.50

13:15:05

00061862491TRLO0

LSE

729

331.00

13:30:31

00061862915TRLO0

LSE

423

331.00

13:30:31

00061862916TRLO0

LSE

186

331.00

13:30:31

00061862917TRLO0

LSE

1200

331.00

13:30:31

00061862918TRLO0

LSE

166

331.00

13:30:31

00061862919TRLO0

LSE

2615

330.00

13:30:47

00061862930TRLO0

LSE

688

331.00

13:49:45

00061863706TRLO0

LSE

1200

331.00

13:49:45

00061863707TRLO0

LSE

426

331.00

13:49:45

00061863708TRLO0

LSE

740

331.00

13:49:45

00061863709TRLO0

LSE

27

331.00

13:49:45

00061863710TRLO0

LSE

325

331.00

13:49:45

00061863711TRLO0

LSE

600

331.00

13:49:45

00061863712TRLO0

LSE

92

331.00

13:49:45

00061863713TRLO0

LSE

614

331.00

13:49:45

00061863714TRLO0

LSE

500

331.00

13:49:45

00061863715TRLO0

LSE

519

331.00

13:49:45

00061863716TRLO0

LSE

535

332.00

14:07:42

00061864310TRLO0

LSE

1200

332.00

14:08:42

00061864342TRLO0

LSE

600

332.00

14:08:42

00061864343TRLO0

LSE

346

332.00

14:08:42

00061864344TRLO0

LSE

1113

332.00

14:11:42

00061864460TRLO0

LSE

698

332.00

14:11:42

00061864461TRLO0

LSE

103

332.00

14:11:42

00061864462TRLO0

LSE

595

332.00

14:11:42

00061864463TRLO0

LSE

180

332.00

14:11:42

00061864465TRLO0

LSE

362

332.00

14:11:42

00061864466TRLO0

LSE

698

332.00

14:11:42

00061864469TRLO0

LSE

152

332.00

14:11:42

00061864472TRLO0

LSE

320

332.00

14:11:42

00061864473TRLO0

LSE

698

332.00

14:11:42

00061864475TRLO0

LSE

871

332.00

14:12:23

00061864497TRLO0

LSE

193

332.00

14:12:23

00061864498TRLO0

LSE

277

332.00

14:12:23

00061864499TRLO0

LSE

473

332.00

14:15:23

00061864634TRLO0

LSE

277

332.00

14:15:23

00061864635TRLO0

LSE

166

332.00

14:15:23

00061864636TRLO0

LSE

2015

331.50

14:18:54

00061864769TRLO0

LSE

2012

331.50

14:36:37

00061865493TRLO0

LSE

2155

331.50

14:44:37

00061865953TRLO0

LSE

2082

332.50

14:52:37

00061866582TRLO0

LSE

2144

332.00

14:52:42

00061866602TRLO0

LSE

319

333.00

15:43:56

00061869222TRLO0

LSE

600

333.00

15:43:56

00061869223TRLO0

LSE

1363

333.00

15:43:56

00061869224TRLO0

LSE

600

333.00

15:43:56

00061869225TRLO0

LSE

79

333.00

15:43:56

00061869226TRLO0

LSE

511

333.00

15:43:56

00061869227TRLO0

LSE

171

333.00

15:43:56

00061869228TRLO0

LSE

331

333.00

15:43:56

00061869229TRLO0

LSE

177

333.00

15:43:56

00061869230TRLO0

LSE

3647

333.00

15:43:56

00061869231TRLO0

LSE

741

333.00

15:47:06

00061869346TRLO0

LSE

22

333.50

15:54:15

00061869639TRLO0

LSE

600

333.50

15:56:58

00061869756TRLO0

LSE

600

333.50

15:56:58

00061869757TRLO0

LSE

310

333.50

15:56:58

00061869758TRLO0

LSE

1490

333.50

15:56:58

00061869759TRLO0

LSE

600

333.50

15:56:58

00061869760TRLO0

LSE

145

333.50

15:56:58

00061869761TRLO0

LSE

683

333.50

15:56:58

00061869762TRLO0

LSE

80

333.50

15:56:58

00061869763TRLO0

LSE

471

333.50

15:56:58

00061869764TRLO0

LSE

519

333.50

15:56:58

00061869765TRLO0

LSE

498

333.50

15:56:58

00061869766TRLO0

LSE

226

333.50

15:56:58

00061869767TRLO0

LSE

459

333.00

16:01:14

00061870106TRLO0

LSE

89

333.00

16:01:14

00061870107TRLO0

LSE

677

333.00

16:01:14

00061870108TRLO0

LSE

5

334.00

16:18:19

00061870903TRLO0

LSE

209

334.00

16:18:19

00061870904TRLO0

LSE

62

334.00

16:18:19

00061870905TRLO0

LSE

1800

334.00

16:18:19

00061870906TRLO0

LSE

717

334.00

16:18:19

00061870907TRLO0

LSE

328

334.00

16:18:19

00061870908TRLO0

LSE

556

334.00

16:18:19

00061870909TRLO0

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