Redde Northgate Plc Transaction in Own Shares

 
TIDMREDD 
 
20 July 2022 
 
                              REDDE NORTHGATE PLC 
 
              ("Redde Northgate" or the "Group" or the "Company") 
 
                           Transaction in Own Shares 
 
Redde Northgate plc (LSE:REDD) announces that on 19 July 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      :  26,862 
 
Weighted average purchase price :  354.8956 pence per share 
paid 
 
Highest purchase price paid     :  358 pence per share 
 
Lowest purchase price paid      :  350.5 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 6,416,189 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 239,675,234, 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 19 July 2022) 
 
Number of shares  Transaction price Time of transaction    Transaction reference   Venue 
purchased         (GB pence per                            number 
                  share) 
 
1813              351.50             08:34:35              00060094328TRLO0        LSE 
 
175               351.50             08:34:35              00060094330TRLO0        LSE 
 
911               351.50             08:34:35              00060094329TRLO0        LSE 
 
1955              350.50             08:43:06              00060094592TRLO0        LSE 
 
460               352.00             09:11:14              00060095449TRLO0        LSE 
 
1647              352.00             09:11:14              00060095450TRLO0        LSE 
 
1807              354.50             09:54:03              00060096574TRLO0        LSE 
 
1841              354.50             09:54:03              00060096575TRLO0        LSE 
 
2541              354.00             09:54:06              00060096576TRLO0        LSE 
 
1157              354.00             10:02:32              00060097478TRLO0        LSE 
 
700               354.00             10:02:32              00060097477TRLO0        LSE 
 
1798              357.00             11:07:27              00060099656TRLO0        LSE 
 
2121              356.50             11:15:02              00060099863TRLO0        LSE 
 
135               357.50             12:02:20              00060101354TRLO0        LSE 
 
699               357.50             12:04:19              00060101413TRLO0        LSE 
 
289               357.50             12:04:19              00060101414TRLO0        LSE 
 
910               357.50             12:04:19              00060101415TRLO0        LSE 
 
1866              358.00             12:51:30              00060102403TRLO0        LSE 
 
138               358.00             12:51:30              00060102404TRLO0        LSE 
 
2124              358.00             12:51:30              00060102405TRLO0        LSE 
 
519               357.50             12:52:04              00060102416TRLO0        LSE 
 
1256              357.50             12:52:04              00060102415TRLO0        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 
 
 
 
END 
 
 

(END) Dow Jones Newswires

July 20, 2022 02:10 ET (06:10 GMT)