Redde Northgate Plc Transaction in Own Shares

 
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 
[phone] 
 
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

December 14, 2022 13:45 ET (18:45 GMT)