Transaction in Own Shares

13 May 2022

REDDE NORTHGATE PLC

(“Redde Northgate” or the “Group” or the “Company”)

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 12 May 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	:  100,000
Weighted average purchase price paid	:  354.385 pence per share
Highest purchase price paid	:  362 pence per share
Lowest purchase price paid	:  347.5 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 2,630,007 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 243,461,416, 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 12 May 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
230	362.00	08:12:41	00058849053TRLO0	LSE
479	360.50	08:16:49	00058849411TRLO0	LSE
1586	360.50	08:16:49	00058849410TRLO0	LSE
72	360.50	08:18:35	00058849575TRLO0	LSE
1566	360.50	08:19:05	00058849641TRLO0	LSE
1015	360.50	08:19:05	00058849640TRLO0	LSE
590	360.50	08:19:05	00058849639TRLO0	LSE
1339	360.50	08:19:05	00058849663TRLO0	LSE
65	360.50	08:19:05	00058849662TRLO0	LSE
72	360.50	08:19:05	00058849661TRLO0	LSE
1478	358.50	08:22:46	00058850250TRLO0	LSE
1273	359.00	08:27:30	00058850549TRLO0	LSE
264	359.00	08:27:30	00058850548TRLO0	LSE
1601	358.50	08:34:26	00058851073TRLO0	LSE
2569	355.50	08:34:26	00058851074TRLO0	LSE
1692	356.00	08:34:46	00058851092TRLO0	LSE
1570	356.00	08:34:46	00058851091TRLO0	LSE
1538	356.00	08:34:46	00058851090TRLO0	LSE
2289	356.50	08:34:46	00058851089TRLO0	LSE
452	356.50	08:34:46	00058851095TRLO0	LSE
400	356.50	08:34:46	00058851094TRLO0	LSE
300	356.50	08:34:46	00058851093TRLO0	LSE
328	357.00	08:36:21	00058851194TRLO0	LSE
1174	357.00	08:36:21	00058851193TRLO0	LSE
806	356.50	08:36:41	00058851236TRLO0	LSE
261	356.50	08:36:41	00058851235TRLO0	LSE
442	356.50	08:36:41	00058851234TRLO0	LSE
168	356.50	08:36:41	00058851233TRLO0	LSE
675	358.00	08:58:20	00058852288TRLO0	LSE
600	358.00	08:58:20	00058852287TRLO0	LSE
134	358.00	08:58:20	00058852286TRLO0	LSE
1452	357.50	08:59:21	00058852314TRLO0	LSE
60	357.50	08:59:21	00058852313TRLO0	LSE
1576	357.50	09:15:33	00058852757TRLO0	LSE
1517	356.50	09:20:38	00058852978TRLO0	LSE
136	355.50	09:30:15	00058853350TRLO0	LSE
519	355.50	09:30:33	00058853358TRLO0	LSE
730	355.50	09:30:33	00058853357TRLO0	LSE
1484	355.00	09:42:24	00058853850TRLO0	LSE
1476	355.00	10:03:40	00058854785TRLO0	LSE
390	354.50	10:07:06	00058854958TRLO0	LSE
600	354.50	10:07:06	00058854957TRLO0	LSE
430	354.50	10:07:06	00058854956TRLO0	LSE
1380	354.00	10:13:36	00058855266TRLO0	LSE
1505	354.00	10:22:25	00058855546TRLO0	LSE
351	352.50	10:43:07	00058856597TRLO0	LSE
1084	352.50	10:43:07	00058856598TRLO0	LSE
47	352.50	11:19:08	00058858139TRLO0	LSE
136	352.50	11:21:11	00058858211TRLO0	LSE
1311	352.50	11:21:17	00058858212TRLO0	LSE
400	354.50	11:32:00	00058858677TRLO0	LSE
400	354.50	11:36:16	00058858876TRLO0	LSE
662	354.50	11:39:27	00058858966TRLO0	LSE
623	354.00	11:50:10	00058859213TRLO0	LSE
926	354.00	11:50:10	00058859212TRLO0	LSE
1588	354.50	11:50:10	00058859214TRLO0	LSE
344	354.00	12:05:02	00058859561TRLO0	LSE
1099	354.00	12:11:53	00058859777TRLO0	LSE
254	354.00	12:11:53	00058859776TRLO0	LSE
159	354.00	12:11:53	00058859775TRLO0	LSE
399	354.00	12:11:53	00058859774TRLO0	LSE
730	354.00	12:11:53	00058859773TRLO0	LSE
1634	353.50	12:20:56	00058859971TRLO0	LSE
1521	353.50	12:29:33	00058860241TRLO0	LSE
598	353.00	12:35:16	00058860358TRLO0	LSE
600	353.00	12:35:16	00058860357TRLO0	LSE
461	353.00	12:35:16	00058860356TRLO0	LSE
41	353.00	12:47:24	00058860711TRLO0	LSE
685	353.00	12:47:24	00058860710TRLO0	LSE
1475	352.00	13:02:39	00058861541TRLO0	LSE
1421	352.50	13:23:00	00058862149TRLO0	LSE
121	352.00	13:23:04	00058862159TRLO0	LSE
1385	352.00	13:23:04	00058862158TRLO0	LSE
652	351.00	13:37:32	00058862968TRLO0	LSE
203	351.00	13:37:32	00058862967TRLO0	LSE
26	351.00	13:37:32	00058862966TRLO0	LSE
400	351.00	13:37:32	00058862965TRLO0	LSE
1661	349.50	13:47:36	00058863266TRLO0	LSE
135	349.50	14:03:16	00058864027TRLO0	LSE
713	349.50	14:03:16	00058864026TRLO0	LSE
209	349.50	14:03:16	00058864025TRLO0	LSE
153	349.50	14:03:16	00058864024TRLO0	LSE
1548	349.50	14:10:49	00058864430TRLO0	LSE
1396	348.50	14:16:58	00058864733TRLO0	LSE
1592	349.00	14:30:28	00058865723TRLO0	LSE
764	348.50	14:30:35	00058865734TRLO0	LSE
730	348.50	14:30:35	00058865735TRLO0	LSE
1492	348.00	14:41:29	00058866736TRLO0	LSE
507	347.50	14:41:48	00058866772TRLO0	LSE
107	347.50	14:41:48	00058866771TRLO0	LSE
54	347.50	14:41:48	00058866770TRLO0	LSE
62	347.50	14:41:48	00058866769TRLO0	LSE
730	347.50	14:41:48	00058866768TRLO0	LSE
67	347.50	14:41:48	00058866773TRLO0	LSE
618	350.00	14:55:52	00058868156TRLO0	LSE
444	350.00	14:55:52	00058868155TRLO0	LSE
320	350.00	14:55:52	00058868154TRLO0	LSE
424	349.50	15:00:30	00058868559TRLO0	LSE
1207	349.50	15:00:30	00058868558TRLO0	LSE
549	352.50	15:15:02	00058869886TRLO0	LSE
435	352.50	15:15:02	00058869885TRLO0	LSE
456	352.50	15:15:42	00058870056TRLO0	LSE
495	352.50	15:15:42	00058870055TRLO0	LSE
204	353.50	15:23:53	00058871144TRLO0	LSE
428	353.50	15:23:53	00058871143TRLO0	LSE
351	353.50	15:23:53	00058871142TRLO0	LSE
887	353.00	15:25:05	00058871283TRLO0	LSE
542	353.00	15:25:05	00058871282TRLO0	LSE
400	353.00	15:29:12	00058871694TRLO0	LSE
434	353.00	15:30:12	00058871823TRLO0	LSE
400	353.00	15:30:12	00058871822TRLO0	LSE
118	352.50	15:30:23	00058871846TRLO0	LSE
1399	352.50	15:30:23	00058871847TRLO0	LSE
411	352.50	15:32:25	00058872059TRLO0	LSE
4144	352.50	15:36:13	00058872359TRLO0	LSE
680	355.00	15:53:02	00058873890TRLO0	LSE
372	355.00	15:53:02	00058873889TRLO0	LSE
69	355.00	15:53:02	00058873888TRLO0	LSE
156	355.00	15:54:29	00058874033TRLO0	LSE
31	355.00	15:54:29	00058874032TRLO0	LSE
795	355.00	15:54:29	00058874031TRLO0	LSE
421	355.00	15:54:29	00058874030TRLO0	LSE
842	355.50	16:00:07	00058874611TRLO0	LSE
730	355.50	16:00:07	00058874610TRLO0	LSE
488	356.50	16:06:12	00058875271TRLO0	LSE
135	357.00	16:08:36	00058875602TRLO0	LSE
870	356.50	16:08:36	00058875604TRLO0	LSE
730	356.50	16:08:36	00058875603TRLO0	LSE
1664	356.50	16:13:36	00058876113TRLO0	LSE
1369	356.50	16:13:36	00058876112TRLO0	LSE
229	356.50	16:19:35	00058876776TRLO0	LSE
600	356.50	16:19:35	00058876775TRLO0	LSE
197	356.50	16:19:35	00058876774TRLO0	LSE
287	357.00	16:22:31	00058877162TRLO0	LSE
730	357.00	16:22:31	00058877161TRLO0	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  [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