Redde Northgate Plc Transaction in Own Shares
December 14 2022 - 1:45PM
UK Regulatory
TIDMREDD
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
14 December 2022
REDDE NORTHGATE PLC
("Redde Northgate" or the "Group" or the "Company")
Transaction in Own Shares
Redde Northgate plc (LSE:REDD) announces that on 14 December 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 : 29,075
Weighted average purchase price : 419.6128 pence per share
paid
Highest purchase price paid : 422 pence per share
Lowest purchase price paid : 416.5 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 16,130,785 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 229,960,638 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 14 December 2022)
Number of Transaction Time of Transaction reference Venue
shares price transaction number
purchased (GB pence per
share)
75 416.50 11:19:48 00062721622TRLO0 LSE
292 416.50 11:19:48 00062721623TRLO0 LSE
41 416.50 11:19:48 00062721624TRLO0 LSE
103 417.00 11:25:10 00062721812TRLO0 LSE
166 417.00 11:25:10 00062721813TRLO0 LSE
1572 417.00 11:25:10 00062721814TRLO0 LSE
980 417.00 11:31:47 00062722108TRLO0 LSE
751 417.00 11:31:47 00062722109TRLO0 LSE
4 418.50 11:55:02 00062723134TRLO0 LSE
152 419.00 12:01:42 00062723393TRLO0 LSE
442 419.00 12:01:42 00062723394TRLO0 LSE
269 419.00 12:01:42 00062723396TRLO0 LSE
1051 418.50 12:02:17 00062723412TRLO0 LSE
937 418.50 12:02:17 00062723413TRLO0 LSE
1284 417.50 12:47:42 00062724865TRLO0 LSE
705 417.50 12:47:42 00062724866TRLO0 LSE
1774 417.50 13:25:12 00062726711TRLO0 LSE
162 420.00 13:47:28 00062727987TRLO0 LSE
351 420.00 13:47:28 00062727988TRLO0 LSE
404 420.00 13:48:28 00062728039TRLO0 LSE
299 419.50 13:48:38 00062728047TRLO0 LSE
1478 419.50 13:48:38 00062728048TRLO0 LSE
1753 419.50 13:57:08 00062728395TRLO0 LSE
1727 419.00 14:02:24 00062728715TRLO0 LSE
6 420.00 14:24:48 00062729914TRLO0 LSE
44 420.00 14:24:48 00062729915TRLO0 LSE
1000 420.00 14:24:52 00062729924TRLO0 LSE
500 420.00 14:24:52 00062729925TRLO0 LSE
250 420.00 14:24:52 00062729926TRLO0 LSE
1249 420.00 14:29:52 00062730189TRLO0 LSE
436 420.00 14:29:52 00062730190TRLO0 LSE
4226 422.00 16:11:03 00062738560TRLO0 LSE
1966 422.00 16:11:03 00062738561TRLO0 LSE
629 422.00 16:11:03 00062738562TRLO0 LSE
314 422.00 16:11:10 00062738569TRLO0 LSE
570 422.00 16:11:10 00062738570TRLO0 LSE
403 422.00 16:11:10 00062738571TRLO0 LSE
287 422.00 16:11:10 00062738572TRLO0 LSE
105 422.00 16:11:20 00062738587TRLO0 LSE
318 422.00 16:11:20 00062738588TRLO0 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
END
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