AI Terminal
Redde Northgate PLC
Transaction in Own Shares • Aug 19, 2022
4623_rns_2022-08-19_ecd483fd-b7ba-4a78-b16e-939f980a6006.html
Transaction in Own Shares
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 5336W
Redde Northgate PLC
19 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
19 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 18 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 price paid | : 379.8147 pence per share |
| Highest purchase price paid | : 382 pence per share |
| Lowest purchase price paid | : 376.5 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 8,030,984 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 238,060,439, 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 18 August 2022)
| Number of shares purchased |
Transaction price (GB pence per share) |
Time of transaction | Transaction reference number | Venue |
| 1600 | 380.50 | 08:38:56 | 00060581445TRLO0 | LSE |
| 1517 | 380.50 | 08:38:56 | 00060581446TRLO0 | LSE |
| 1223 | 381.00 | 08:43:23 | 00060581746TRLO0 | LSE |
| 598 | 381.00 | 08:43:23 | 00060581747TRLO0 | LSE |
| 800 | 381.00 | 08:50:53 | 00060582193TRLO0 | LSE |
| 845 | 381.00 | 08:50:53 | 00060582194TRLO0 | LSE |
| 1645 | 380.50 | 08:52:48 | 00060582282TRLO0 | LSE |
| 467 | 379.50 | 09:10:22 | 00060583300TRLO0 | LSE |
| 300 | 379.50 | 09:10:22 | 00060583301TRLO0 | LSE |
| 613 | 379.50 | 09:10:22 | 00060583302TRLO0 | LSE |
| 181 | 379.50 | 09:10:22 | 00060583303TRLO0 | LSE |
| 800 | 379.00 | 09:18:23 | 00060583755TRLO0 | LSE |
| 715 | 379.00 | 09:18:23 | 00060583756TRLO0 | LSE |
| 523 | 377.50 | 09:23:40 | 00060584040TRLO0 | LSE |
| 662 | 377.50 | 09:24:02 | 00060584076TRLO0 | LSE |
| 320 | 377.50 | 09:24:02 | 00060584077TRLO0 | LSE |
| 522 | 376.50 | 09:44:30 | 00060584639TRLO0 | LSE |
| 503 | 376.50 | 10:01:03 | 00060585231TRLO0 | LSE |
| 501 | 376.50 | 10:11:54 | 00060585727TRLO0 | LSE |
| 599 | 377.50 | 10:26:05 | 00060586202TRLO0 | LSE |
| 488 | 377.50 | 10:26:05 | 00060586203TRLO0 | LSE |
| 632 | 377.50 | 10:26:05 | 00060586204TRLO0 | LSE |
| 663 | 377.00 | 10:30:09 | 00060586342TRLO0 | LSE |
| 1092 | 377.00 | 10:30:09 | 00060586343TRLO0 | LSE |
| 185 | 377.00 | 10:30:09 | 00060586344TRLO0 | LSE |
| 201 | 376.50 | 10:39:57 | 00060586803TRLO0 | LSE |
| 533 | 376.50 | 10:45:39 | 00060587029TRLO0 | LSE |
| 1519 | 377.50 | 10:47:29 | 00060587081TRLO0 | LSE |
| 328 | 377.00 | 10:48:38 | 00060587134TRLO0 | LSE |
| 302 | 377.00 | 10:51:47 | 00060587247TRLO0 | LSE |
| 423 | 377.00 | 10:57:49 | 00060587475TRLO0 | LSE |
| 1088 | 378.00 | 11:09:40 | 00060588055TRLO0 | LSE |
| 4076 | 379.00 | 11:17:19 | 00060588246TRLO0 | LSE |
| 1004 | 379.00 | 11:41:16 | 00060588695TRLO0 | LSE |
| 360 | 379.00 | 11:41:16 | 00060588696TRLO0 | LSE |
| 590 | 379.50 | 11:42:27 | 00060588717TRLO0 | LSE |
| 319 | 379.50 | 11:42:27 | 00060588718TRLO0 | LSE |
| 396 | 379.50 | 11:42:27 | 00060588719TRLO0 | LSE |
| 366 | 379.50 | 11:42:27 | 00060588720TRLO0 | LSE |
| 936 | 379.50 | 11:42:27 | 00060588721TRLO0 | LSE |
| 83 | 379.00 | 11:56:10 | 00060588945TRLO0 | LSE |
| 256 | 379.00 | 12:26:19 | 00060589523TRLO0 | LSE |
| 482 | 379.00 | 12:29:38 | 00060589709TRLO0 | LSE |
| 868 | 379.00 | 12:29:38 | 00060589710TRLO0 | LSE |
| 1576 | 379.00 | 12:29:38 | 00060589711TRLO0 | LSE |
| 1556 | 379.00 | 12:29:38 | 00060589712TRLO0 | LSE |
| 200 | 379.00 | 12:29:38 | 00060589713TRLO0 | LSE |
| 1330 | 380.00 | 12:53:48 | 00060590370TRLO0 | LSE |
| 470 | 380.00 | 12:53:48 | 00060590371TRLO0 | LSE |
| 482 | 379.50 | 13:15:12 | 00060591115TRLO0 | LSE |
| 659 | 379.50 | 13:20:12 | 00060591246TRLO0 | LSE |
| 500 | 379.50 | 13:20:12 | 00060591247TRLO0 | LSE |
| 459 | 379.50 | 13:21:03 | 00060591275TRLO0 | LSE |
| 1102 | 379.50 | 13:25:50 | 00060591458TRLO0 | LSE |
| 1862 | 379.50 | 13:25:50 | 00060591459TRLO0 | LSE |
| 1038 | 380.50 | 13:47:02 | 00060592355TRLO0 | LSE |
| 525 | 380.50 | 13:47:02 | 00060592356TRLO0 | LSE |
| 1586 | 380.50 | 13:47:02 | 00060592357TRLO0 | LSE |
| 1816 | 380.00 | 13:48:02 | 00060592413TRLO0 | LSE |
| 519 | 380.00 | 14:08:24 | 00060593415TRLO0 | LSE |
| 1788 | 381.00 | 14:26:04 | 00060594452TRLO0 | LSE |
| 943 | 380.50 | 14:26:04 | 00060594453TRLO0 | LSE |
| 33 | 380.50 | 14:26:10 | 00060594463TRLO0 | LSE |
| 588 | 380.50 | 14:30:36 | 00060594773TRLO0 | LSE |
| 1012 | 380.50 | 14:30:36 | 00060594774TRLO0 | LSE |
| 696 | 380.50 | 14:30:36 | 00060594775TRLO0 | LSE |
| 800 | 380.00 | 14:33:48 | 00060595140TRLO0 | LSE |
| 884 | 380.00 | 14:33:48 | 00060595141TRLO0 | LSE |
| 897 | 381.00 | 14:49:12 | 00060596572TRLO0 | LSE |
| 842 | 381.00 | 14:49:12 | 00060596573TRLO0 | LSE |
| 472 | 381.00 | 14:59:42 | 00060597311TRLO0 | LSE |
| 1593 | 382.00 | 15:06:01 | 00060597852TRLO0 | LSE |
| 523 | 382.00 | 15:06:02 | 00060597853TRLO0 | LSE |
| 1197 | 382.00 | 15:06:02 | 00060597854TRLO0 | LSE |
| 1546 | 382.00 | 15:11:02 | 00060598359TRLO0 | LSE |
| 1546 | 381.50 | 15:11:50 | 00060598466TRLO0 | LSE |
| 521 | 381.00 | 15:13:01 | 00060598598TRLO0 | LSE |
| 514 | 381.00 | 15:18:43 | 00060599046TRLO0 | LSE |
| 475 | 381.00 | 15:21:48 | 00060599296TRLO0 | LSE |
| 453 | 381.50 | 15:22:26 | 00060599335TRLO0 | LSE |
| 93 | 381.50 | 15:22:36 | 00060599336TRLO0 | LSE |
| 477 | 381.50 | 15:22:36 | 00060599337TRLO0 | LSE |
| 492 | 381.50 | 15:24:24 | 00060599380TRLO0 | LSE |
| 1802 | 381.00 | 15:34:34 | 00060599780TRLO0 | LSE |
| 1603 | 380.50 | 15:35:58 | 00060599844TRLO0 | LSE |
| 12 | 380.50 | 15:35:58 | 00060599845TRLO0 | LSE |
| 422 | 380.00 | 15:40:30 | 00060600015TRLO0 | LSE |
| 868 | 380.00 | 15:42:24 | 00060600071TRLO0 | LSE |
| 390 | 380.00 | 15:42:34 | 00060600086TRLO0 | LSE |
| 172 | 379.00 | 15:56:25 | 00060600793TRLO0 | LSE |
| 439 | 379.00 | 16:00:27 | 00060601037TRLO0 | LSE |
| 190 | 380.50 | 16:02:46 | 00060601142TRLO0 | LSE |
| 107 | 380.50 | 16:02:46 | 00060601143TRLO0 | LSE |
| 133 | 380.50 | 16:02:46 | 00060601144TRLO0 | LSE |
| 24 | 380.50 | 16:02:46 | 00060601145TRLO0 | LSE |
| 29 | 380.50 | 16:02:46 | 00060601146TRLO0 | LSE |
| 69 | 380.50 | 16:02:46 | 00060601147TRLO0 | LSE |
| 1633 | 380.00 | 16:02:49 | 00060601149TRLO0 | LSE |
| 210 | 380.00 | 16:03:49 | 00060601198TRLO0 | LSE |
| 1092 | 380.00 | 16:04:49 | 00060601256TRLO0 | LSE |
| 133 | 379.50 | 16:11:33 | 00060601632TRLO0 | LSE |
| 303 | 379.50 | 16:17:52 | 00060602194TRLO0 | LSE |
| 330 | 379.50 | 16:17:53 | 00060602195TRLO0 | LSE |
| 1575 | 380.50 | 16:21:48 | 00060602447TRLO0 | LSE |
| 1566 | 380.50 | 16:21:48 | 00060602448TRLO0 | LSE |
| 709 | 380.50 | 16:22:48 | 00060602529TRLO0 | 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 +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:
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 [email protected] 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
POSQVLFFLVLZBBV