TIDMREDD

RNS Number : 2362W

Redde Northgate PLC

17 August 2022

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

17 August 2022

REDDE NORTHGATE PLC

("Redde Northgate" or the "Group" or the "Company")

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 16 August 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   : 80,000 
 Weighted average purchase    : 384.4697 pence per share 
  price paid 
 Highest purchase price       : 388.5 pence per share 
  paid 
 Lowest purchase price paid   : 382pence per share 
 

Following the above transaction, the Company's issued share capital consists of 246,091,423 ordinary shares of 50p each, of which 7,853,150 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 238,238,273, 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 16 August 2022)

 
 Number of shares   Transaction      Time of transaction   Transaction         Venue 
  purchased          price                                  reference number 
                     (GB pence per 
                     share) 
 295                384.50            08:20:03             00060536496TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 69                 384.50            08:20:03             00060536497TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 647                386.00            09:02:28             00060537809TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1167               386.00            09:02:28             00060537810TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 2382               385.50            09:17:34             00060538526TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 9                  387.00            09:34:03             00060538962TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 730                388.50            09:41:01             00060539204TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 231                388.50            09:41:01             00060539205TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1377               388.50            09:41:01             00060539206TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 2079               388.50            09:41:01             00060539207TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1862               387.50            09:46:10             00060539357TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 202                387.00            09:46:30             00060539365TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1407               387.00            09:46:30             00060539366TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1675               387.00            10:02:30             00060539877TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1550               386.50            10:02:30             00060539878TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1597               385.50            10:20:11             00060540858TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1775               385.00            11:12:45             00060543215TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 461                385.00            11:52:24             00060544676TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 105                385.00            12:27:12             00060545367TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1771               385.00            12:27:12             00060545368TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 96                 384.50            12:44:57             00060545915TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 488                384.50            12:58:48             00060546300TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 514                384.50            13:12:03             00060546695TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1820               385.00            13:25:45             00060547140TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1527               384.50            13:47:52             00060547799TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 969                384.50            13:47:52             00060547800TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1727               384.00            13:53:55             00060547947TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 820                384.00            13:53:55             00060547948TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 799                384.00            13:53:55             00060547959TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 305                383.50            14:12:54             00060548530TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1285               383.50            14:12:54             00060548531TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 543                383.00            14:16:06             00060548612TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 123                383.00            14:16:06             00060548613TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1127               383.00            14:16:06             00060548614TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 347                383.00            14:27:03             00060548967TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 649                383.00            14:30:23             00060549157TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 701                383.00            14:30:23             00060549158TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1117               383.50            14:53:49             00060550768TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 647                383.50            14:53:49             00060550769TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 652                383.50            14:58:55             00060551056TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 157                383.50            14:58:55             00060551057TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 700                383.50            14:58:55             00060551058TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 521                383.00            15:00:15             00060551151TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 988                383.00            15:00:18             00060551155TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1325               383.00            15:00:18             00060551156TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 303                383.00            15:01:57             00060551286TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 179                383.00            15:05:42             00060551460TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 352                383.00            15:05:42             00060551461TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 54                 383.00            15:11:57             00060551790TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 526                383.00            15:13:12             00060551856TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 527                383.00            15:17:54             00060552123TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 222                383.00            15:17:54             00060552124TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 170                383.00            15:17:54             00060552125TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 807                383.00            15:17:54             00060552126TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 700                383.00            15:17:54             00060552127TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 28                 383.00            15:17:54             00060552128TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 13                 382.50            15:17:55             00060552130TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 484                382.50            15:23:06             00060552430TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1052               382.50            15:24:30             00060552456TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1777               382.50            15:24:30             00060552457TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 843                382.00            15:25:27             00060552546TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 724                382.00            15:25:27             00060552547TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 506                382.50            15:42:33             00060553334TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 505                382.50            15:45:39             00060553518TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 421                382.50            15:50:06             00060553817TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 190                385.00            15:55:57             00060554157TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 506                385.00            15:55:57             00060554158TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 307                385.00            15:56:04             00060554159TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 3500               385.00            15:56:04             00060554160TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 531                385.00            15:56:04             00060554161TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 700                385.00            15:56:04             00060554162TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 700                385.00            15:56:04             00060554163TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 700                385.00            15:56:04             00060554164TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 992                385.00            15:56:04             00060554165TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 2599               385.00            15:56:22             00060554173TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1521               385.00            15:56:22             00060554174TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 498                385.00            15:56:37             00060554186TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 2122               384.50            15:56:50             00060554194TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 485                384.50            15:56:57             00060554202TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 2426               384.00            15:57:31             00060554231TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1895               384.00            15:57:31             00060554232TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1638               383.00            16:01:58             00060554475TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 331                382.50            16:05:17             00060554632TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 250                382.50            16:05:17             00060554633TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 382                382.50            16:05:17             00060554634TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 601                382.50            16:05:20             00060554636TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 523                382.00            16:08:14             00060554784TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 103                382.00            16:08:37             00060554812TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 502                382.00            16:09:23             00060554883TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 342                382.00            16:10:29             00060554927TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 414                382.00            16:13:50             00060555198TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 473                382.00            16:14:50             00060555291TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 532                382.00            16:16:05             00060555378TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 77                 382.00            16:17:14             00060555457TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 405                383.50            16:19:14             00060555579TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 304                383.50            16:19:14             00060555580TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 489                383.50            16:19:14             00060555581TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 317                383.50            16:19:14             00060555582TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 172                383.50            16:19:14             00060555583TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 1                  383.50            16:19:44             00060555608TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 420                383.50            16:19:44             00060555609TRLO0    LSE 
                   ---------------  --------------------  ------------------  ------ 
 521                383.50            16:20:50             00060555674TRLO0    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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POSDQLFFLVLFBBB

(END) Dow Jones Newswires

August 17, 2022 02:10 ET (06:10 GMT)

Zigup (LSE:ZIG)
Historical Stock Chart
Von Jun 2024 bis Jul 2024 Click Here for more Zigup Charts.
Zigup (LSE:ZIG)
Historical Stock Chart
Von Jul 2023 bis Jul 2024 Click Here for more Zigup Charts.