30 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 27 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 |
: 40,384 |
Weighted average purchase price
paid |
: 370.9091 pence per
share |
Highest purchase price
paid |
: 375 pence per share |
Lowest purchase price
paid |
: 365 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 3,584,210 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
242,507,213, 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 27 May 2022)
Number of
shares
purchased |
Transaction
price
(GB pence per share) |
Time of
transaction |
Transaction
reference number |
Venue |
1764 |
365.00 |
08:47:24 |
00059165089TRLO0 |
LSE |
1000 |
365.50 |
08:53:30 |
00059165601TRLO0 |
LSE |
474 |
365.50 |
08:53:30 |
00059165602TRLO0 |
LSE |
2607 |
365.50 |
09:03:07 |
00059166263TRLO0 |
LSE |
145 |
365.50 |
09:03:07 |
00059166265TRLO0 |
LSE |
125 |
365.00 |
09:03:16 |
00059166277TRLO0 |
LSE |
500 |
365.00 |
09:03:16 |
00059166276TRLO0 |
LSE |
500 |
365.00 |
09:03:16 |
00059166275TRLO0 |
LSE |
368 |
365.00 |
09:03:16 |
00059166274TRLO0 |
LSE |
1340 |
365.50 |
09:05:18 |
00059166441TRLO0 |
LSE |
1622 |
365.00 |
09:05:25 |
00059166455TRLO0 |
LSE |
954 |
369.00 |
09:25:00 |
00059167500TRLO0 |
LSE |
407 |
369.00 |
09:25:00 |
00059167501TRLO0 |
LSE |
282 |
369.00 |
09:25:00 |
00059167502TRLO0 |
LSE |
954 |
369.00 |
09:25:00 |
00059167503TRLO0 |
LSE |
400 |
369.00 |
09:25:00 |
00059167504TRLO0 |
LSE |
1162 |
369.00 |
09:25:00 |
00059167505TRLO0 |
LSE |
327 |
369.00 |
09:25:00 |
00059167506TRLO0 |
LSE |
14 |
372.00 |
09:42:38 |
00059168649TRLO0 |
LSE |
441 |
372.00 |
09:42:38 |
00059168650TRLO0 |
LSE |
1069 |
372.00 |
09:42:38 |
00059168651TRLO0 |
LSE |
1763 |
371.50 |
09:42:38 |
00059168652TRLO0 |
LSE |
187 |
371.00 |
09:42:38 |
00059168653TRLO0 |
LSE |
1565 |
372.50 |
09:52:30 |
00059169076TRLO0 |
LSE |
830 |
371.50 |
10:19:02 |
00059170762TRLO0 |
LSE |
809 |
371.50 |
10:19:02 |
00059170761TRLO0 |
LSE |
962 |
373.50 |
11:41:26 |
00059174193TRLO0 |
LSE |
756 |
373.50 |
11:41:26 |
00059174194TRLO0 |
LSE |
816 |
373.50 |
11:41:26 |
00059174195TRLO0 |
LSE |
667 |
375.00 |
12:01:28 |
00059175143TRLO0 |
LSE |
657 |
375.00 |
12:01:28 |
00059175144TRLO0 |
LSE |
724 |
374.50 |
12:02:14 |
00059175170TRLO0 |
LSE |
600 |
374.50 |
12:02:14 |
00059175169TRLO0 |
LSE |
1624 |
374.00 |
12:02:24 |
00059175183TRLO0 |
LSE |
711 |
374.00 |
12:02:26 |
00059175185TRLO0 |
LSE |
1532 |
373.50 |
12:02:39 |
00059175195TRLO0 |
LSE |
1490 |
375.00 |
12:52:41 |
00059176912TRLO0 |
LSE |
941 |
373.00 |
13:31:11 |
00059178272TRLO0 |
LSE |
485 |
373.00 |
13:31:11 |
00059178271TRLO0 |
LSE |
1426 |
373.00 |
14:11:48 |
00059180723TRLO0 |
LSE |
1366 |
374.50 |
14:35:29 |
00059182626TRLO0 |
LSE |
400 |
375.00 |
14:55:36 |
00059184684TRLO0 |
LSE |
369 |
375.00 |
14:55:36 |
00059184685TRLO0 |
LSE |
500 |
375.00 |
14:57:36 |
00059184907TRLO0 |
LSE |
267 |
375.00 |
14:58:16 |
00059184950TRLO0 |
LSE |
500 |
375.00 |
14:58:33 |
00059184970TRLO0 |
LSE |
500 |
375.00 |
14:59:59 |
00059185177TRLO0 |
LSE |
1482 |
375.00 |
15:09:34 |
00059185917TRLO0 |
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