Redde Northgate PLC has announced the purchase of 75,000 of its own ordinary shares to be held in treasury. The weighted average purchase price paid was 371.65333 pence per share, with the highest purchase price at 372.5 pence per share and the lowest at 370 pence per share. Following this transaction, the Company's issued share capital consists of 246,091,423 ordinary shares, of which 20,606,862 are held in treasury. The total number of voting rights in the Company is 225,484,561.
The purchases were made by Numis Securities Limited on behalf of the Company as part of the Company's buyback program. The detailed schedule of individual transactions, including the number of shares purchased, transaction prices, and time of transactions, has been provided in accordance with the requirements of Listing Rule 12.4.6.
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. With a network and diversified fleet of over 120,000 owned and leased vehicles, the Group aims to offer a market-leading customer proposition and drive enhanced returns for shareholders through sustainable compounding growth.
For further information, contact Buchanan at +44 (0) 207 466 5000 or visit the Company's website at www.reddenorthgate.com.