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
11 November 2022
REDDE NORTHGATE
PLC
(“Redde Northgate” or the “Group” or
the “Company”)
Transaction in Own
Shares
Redde Northgate plc (LSE:REDD) announces that on 11 November 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 |
: 70,000 |
Weighted average purchase price
paid |
: 367.3783 pence per
share |
Highest purchase price
paid |
: 369 pence per share |
Lowest purchase
price paid |
: 365.5 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 14,666,710 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 231,424,713 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 11 November
2022)
Number of
shares
purchased |
Transaction
price
(GB pence per share) |
Time of
transaction |
Transaction
reference number |
Venue |
415 |
368.00 |
08:31:23 |
00062092013TRLO0 |
LSE |
1577 |
368.00 |
08:31:23 |
00062092012TRLO0 |
LSE |
2071 |
368.00 |
08:31:23 |
00062092011TRLO0 |
LSE |
2391 |
368.50 |
08:34:01 |
00062092314TRLO0 |
LSE |
889 |
368.00 |
08:50:12 |
00062093743TRLO0 |
LSE |
1558 |
368.00 |
08:50:12 |
00062093742TRLO0 |
LSE |
1124 |
367.50 |
08:55:57 |
00062094267TRLO0 |
LSE |
863 |
367.50 |
08:55:57 |
00062094266TRLO0 |
LSE |
549 |
366.50 |
09:31:27 |
00062097593TRLO0 |
LSE |
1846 |
366.50 |
09:31:27 |
00062097592TRLO0 |
LSE |
1804 |
366.50 |
10:09:02 |
00062101277TRLO0 |
LSE |
316 |
366.50 |
10:09:02 |
00062101276TRLO0 |
LSE |
14 |
367.00 |
11:26:17 |
00062107576TRLO0 |
LSE |
15 |
367.00 |
11:26:17 |
00062107575TRLO0 |
LSE |
2408 |
367.00 |
11:28:29 |
00062107776TRLO0 |
LSE |
2140 |
367.00 |
11:28:29 |
00062107775TRLO0 |
LSE |
1127 |
367.00 |
11:35:01 |
00062108362TRLO0 |
LSE |
856 |
367.00 |
11:35:01 |
00062108361TRLO0 |
LSE |
503 |
366.50 |
12:09:56 |
00062110546TRLO0 |
LSE |
1478 |
366.50 |
12:09:56 |
00062110545TRLO0 |
LSE |
42 |
367.50 |
13:12:42 |
00062114451TRLO0 |
LSE |
455 |
367.50 |
13:12:42 |
00062114454TRLO0 |
LSE |
195 |
367.50 |
13:12:42 |
00062114453TRLO0 |
LSE |
876 |
367.50 |
13:12:42 |
00062114452TRLO0 |
LSE |
212 |
366.50 |
13:32:25 |
00062115592TRLO0 |
LSE |
1000 |
366.50 |
13:32:25 |
00062115591TRLO0 |
LSE |
1072 |
366.50 |
13:32:25 |
00062115590TRLO0 |
LSE |
928 |
366.50 |
13:32:25 |
00062115589TRLO0 |
LSE |
1091 |
366.50 |
13:32:25 |
00062115588TRLO0 |
LSE |
622 |
365.50 |
13:50:03 |
00062117040TRLO0 |
LSE |
149 |
368.00 |
14:05:50 |
00062118456TRLO0 |
LSE |
431 |
368.00 |
14:05:50 |
00062118455TRLO0 |
LSE |
184 |
368.00 |
14:05:50 |
00062118454TRLO0 |
LSE |
815 |
368.00 |
14:05:50 |
00062118453TRLO0 |
LSE |
177 |
368.00 |
14:07:10 |
00062118630TRLO0 |
LSE |
413 |
368.00 |
14:07:10 |
00062118629TRLO0 |
LSE |
804 |
368.00 |
14:07:10 |
00062118628TRLO0 |
LSE |
446 |
368.00 |
14:07:10 |
00062118627TRLO0 |
LSE |
455 |
368.00 |
14:07:10 |
00062118626TRLO0 |
LSE |
2140 |
368.00 |
14:10:50 |
00062118922TRLO0 |
LSE |
853 |
368.00 |
14:10:50 |
00062118921TRLO0 |
LSE |
187 |
368.00 |
14:10:50 |
00062118920TRLO0 |
LSE |
438 |
368.00 |
14:10:50 |
00062118919TRLO0 |
LSE |
848 |
368.00 |
14:10:50 |
00062118918TRLO0 |
LSE |
2173 |
367.00 |
14:20:02 |
00062119941TRLO0 |
LSE |
890 |
367.00 |
14:20:02 |
00062119943TRLO0 |
LSE |
446 |
367.00 |
14:20:02 |
00062119942TRLO0 |
LSE |
1991 |
366.50 |
14:45:03 |
00062122457TRLO0 |
LSE |
458 |
366.50 |
14:45:03 |
00062122456TRLO0 |
LSE |
1587 |
366.50 |
14:45:03 |
00062122455TRLO0 |
LSE |
746 |
366.50 |
14:45:03 |
00062122458TRLO0 |
LSE |
1660 |
366.50 |
14:45:03 |
00062122459TRLO0 |
LSE |
2225 |
368.00 |
15:14:49 |
00062125603TRLO0 |
LSE |
67 |
368.50 |
15:22:21 |
00062126279TRLO0 |
LSE |
110 |
368.50 |
15:22:21 |
00062126280TRLO0 |
LSE |
182 |
368.50 |
15:22:21 |
00062126281TRLO0 |
LSE |
2167 |
368.50 |
15:23:30 |
00062126421TRLO0 |
LSE |
222 |
369.00 |
15:29:10 |
00062126854TRLO0 |
LSE |
113 |
369.00 |
15:29:10 |
00062126855TRLO0 |
LSE |
24 |
369.00 |
15:29:10 |
00062126856TRLO0 |
LSE |
538 |
369.00 |
15:29:10 |
00062126857TRLO0 |
LSE |
456 |
369.00 |
15:29:10 |
00062126858TRLO0 |
LSE |
2198 |
368.50 |
15:29:48 |
00062126894TRLO0 |
LSE |
372 |
368.50 |
15:31:43 |
00062127107TRLO0 |
LSE |
528 |
368.50 |
15:31:43 |
00062127106TRLO0 |
LSE |
1773 |
368.00 |
15:39:43 |
00062127848TRLO0 |
LSE |
116 |
368.00 |
15:39:43 |
00062127847TRLO0 |
LSE |
671 |
368.00 |
15:39:43 |
00062127849TRLO0 |
LSE |
800 |
368.00 |
15:43:43 |
00062128253TRLO0 |
LSE |
628 |
368.00 |
15:43:43 |
00062128252TRLO0 |
LSE |
856 |
367.50 |
15:46:14 |
00062128476TRLO0 |
LSE |
570 |
367.50 |
15:46:14 |
00062128475TRLO0 |
LSE |
2155 |
367.00 |
15:52:53 |
00062129162TRLO0 |
LSE |
270 |
366.50 |
16:00:14 |
00062129965TRLO0 |
LSE |
101 |
366.50 |
16:00:14 |
00062129964TRLO0 |
LSE |
223 |
366.50 |
16:00:14 |
00062129963TRLO0 |
LSE |
150 |
366.50 |
16:00:14 |
00062129962TRLO0 |
LSE |
623 |
366.50 |
16:00:14 |
00062129961TRLO0 |
LSE |
119 |
366.50 |
16:10:37 |
00062130968TRLO0 |
LSE |
489 |
366.50 |
16:10:37 |
00062130967TRLO0 |
LSE |
35 |
366.50 |
16:10:37 |
00062130966TRLO0 |
LSE |
127 |
366.50 |
16:13:32 |
00062131180TRLO0 |
LSE |
1292 |
366.50 |
16:21:02 |
00062132135TRLO0 |
LSE |
500 |
366.50 |
16:22:22 |
00062132282TRLO0 |
LSE |
189 |
366.50 |
16:22:22 |
00062132281TRLO0 |
LSE |
383 |
366.50 |
16:22:27 |
00062132311TRLO0 |
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