Transaction in Own Shares

16 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 13 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	:  120,000
Weighted average purchase price paid	:  363.8777 pence per share
Highest purchase price paid	:  368 pence per share
Lowest purchase price paid	:  360 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 2,750,007 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 243,341,416, 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 13 May 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
2043	360.00	08:23:08	00058880978TRLO0	LSE
31938	362.00	08:29:22	00058881436TRLO0	LSE
340	363.00	08:29:58	00058881528TRLO0	LSE
1485	363.50	08:44:41	00058883027TRLO0	LSE
600	364.50	08:52:19	00058883436TRLO0	LSE
827	364.50	08:52:19	00058883437TRLO0	LSE
4	364.50	08:52:28	00058883439TRLO0	LSE
624	364.50	08:52:28	00058883440TRLO0	LSE
1395	366.00	09:18:02	00058884387TRLO0	LSE
1375	366.00	09:18:02	00058884388TRLO0	LSE
400	366.50	09:18:02	00058884389TRLO0	LSE
170	366.50	09:18:02	00058884390TRLO0	LSE
421	366.50	09:18:02	00058884391TRLO0	LSE
333	365.50	09:18:33	00058884407TRLO0	LSE
694	365.50	09:18:33	00058884408TRLO0	LSE
233	365.50	09:18:33	00058884409TRLO0	LSE
254	365.50	09:18:33	00058884410TRLO0	LSE
1408	365.00	09:45:19	00058885287TRLO0	LSE
396	364.50	09:57:51	00058885945TRLO0	LSE
642	364.50	10:04:34	00058886343TRLO0	LSE
647	364.50	10:17:56	00058886777TRLO0	LSE
922	364.00	10:31:47	00058887587TRLO0	LSE
655	364.00	10:35:51	00058887821TRLO0	LSE
1633	363.50	10:52:55	00058888468TRLO0	LSE
242	364.50	11:26:18	00058889514TRLO0	LSE
448	364.50	11:26:18	00058889515TRLO0	LSE
300	364.50	11:26:18	00058889516TRLO0	LSE
730	364.50	11:28:18	00058889570TRLO0	LSE
931	364.50	11:28:18	00058889571TRLO0	LSE
35	364.50	11:28:18	00058889572TRLO0	LSE
1573	364.00	11:31:57	00058889696TRLO0	LSE
1424	364.00	11:31:57	00058889697TRLO0	LSE
195	364.00	11:31:57	00058889698TRLO0	LSE
400	364.50	11:31:57	00058889699TRLO0	LSE
6057	364.50	11:31:57	00058889700TRLO0	LSE
1484	363.00	12:05:24	00058890846TRLO0	LSE
77	362.50	12:09:13	00058890964TRLO0	LSE
1318	362.50	12:09:13	00058890965TRLO0	LSE
1550	364.00	12:37:28	00058891811TRLO0	LSE
452	364.00	12:41:08	00058891955TRLO0	LSE
380	364.00	12:41:08	00058891956TRLO0	LSE
641	364.00	12:41:08	00058891957TRLO0	LSE
234	363.50	12:42:22	00058892049TRLO0	LSE
1201	363.50	12:42:22	00058892050TRLO0	LSE
1406	364.00	12:59:27	00058892727TRLO0	LSE
242	364.00	12:59:27	00058892728TRLO0	LSE
400	364.00	13:00:18	00058892788TRLO0	LSE
494	364.00	13:00:18	00058892789TRLO0	LSE
631	364.00	13:13:18	00058893044TRLO0	LSE
528	363.50	13:13:18	00058893045TRLO0	LSE
578	363.50	13:13:18	00058893046TRLO0	LSE
584	363.50	13:13:18	00058893047TRLO0	LSE
730	363.50	13:21:09	00058893319TRLO0	LSE
907	363.50	13:21:09	00058893320TRLO0	LSE
33	363.50	13:21:09	00058893321TRLO0	LSE
13	363.50	13:51:46	00058894545TRLO0	LSE
402	364.00	13:54:49	00058894622TRLO0	LSE
453	364.00	13:54:49	00058894623TRLO0	LSE
461	364.00	13:54:49	00058894624TRLO0	LSE
461	364.00	13:54:58	00058894629TRLO0	LSE
449	364.00	13:54:58	00058894630TRLO0	LSE
1566	363.50	13:56:26	00058894681TRLO0	LSE
400	363.50	13:56:26	00058894682TRLO0	LSE
461	363.50	13:56:26	00058894683TRLO0	LSE
678	363.50	13:56:26	00058894684TRLO0	LSE
19	363.50	13:59:28	00058894806TRLO0	LSE
608	363.50	13:59:28	00058894807TRLO0	LSE
516	363.50	14:02:48	00058894956TRLO0	LSE
704	363.50	14:02:48	00058894957TRLO0	LSE
44	363.50	14:16:48	00058895598TRLO0	LSE
689	363.50	14:16:48	00058895599TRLO0	LSE
1469	363.50	14:29:57	00058896456TRLO0	LSE
464	364.00	14:32:02	00058896586TRLO0	LSE
437	364.00	14:32:02	00058896587TRLO0	LSE
482	364.50	14:34:08	00058896736TRLO0	LSE
511	364.50	14:34:08	00058896737TRLO0	LSE
28	364.50	14:34:08	00058896738TRLO0	LSE
1676	364.00	14:34:08	00058896739TRLO0	LSE
400	364.00	14:34:08	00058896740TRLO0	LSE
873	364.00	14:34:08	00058896741TRLO0	LSE
1600	365.00	14:45:33	00058897656TRLO0	LSE
1689	365.00	14:50:14	00058898123TRLO0	LSE
1450	365.00	14:50:14	00058898124TRLO0	LSE
1419	364.50	14:50:14	00058898125TRLO0	LSE
511	364.50	15:01:18	00058899156TRLO0	LSE
760	364.50	15:01:18	00058899157TRLO0	LSE
400	364.50	15:12:16	00058900153TRLO0	LSE
713	364.50	15:12:16	00058900154TRLO0	LSE
445	364.50	15:12:16	00058900155TRLO0	LSE
436	364.50	15:14:16	00058900281TRLO0	LSE
238	364.50	15:14:16	00058900282TRLO0	LSE
1454	364.00	15:15:02	00058900436TRLO0	LSE
2	364.00	15:19:51	00058900754TRLO0	LSE
551	364.50	15:20:04	00058900761TRLO0	LSE
33	364.50	15:20:04	00058900762TRLO0	LSE
446	364.50	15:20:04	00058900763TRLO0	LSE
718	365.00	15:26:25	00058901143TRLO0	LSE
627	365.00	15:26:25	00058901145TRLO0	LSE
680	364.50	15:27:59	00058901227TRLO0	LSE
973	364.50	15:27:59	00058901228TRLO0	LSE
26	364.50	15:29:10	00058901283TRLO0	LSE
1629	364.50	15:29:17	00058901284TRLO0	LSE
262	366.00	15:41:02	00058902248TRLO0	LSE
240	366.00	15:42:02	00058902383TRLO0	LSE
475	366.00	15:43:02	00058902463TRLO0	LSE
1170	367.00	15:45:23	00058902716TRLO0	LSE
468	367.00	15:45:23	00058902717TRLO0	LSE
291	366.50	15:47:21	00058902891TRLO0	LSE
1374	366.50	15:47:21	00058902892TRLO0	LSE
1480	366.00	15:47:23	00058902896TRLO0	LSE
6	366.00	15:59:55	00058904036TRLO0	LSE
403	367.00	16:04:38	00058904516TRLO0	LSE
187	367.00	16:04:38	00058904517TRLO0	LSE
710	367.00	16:04:38	00058904518TRLO0	LSE
371	367.00	16:04:38	00058904519TRLO0	LSE
279	367.00	16:08:10	00058905023TRLO0	LSE
42	367.00	16:08:10	00058905024TRLO0	LSE
147	367.50	16:09:34	00058905222TRLO0	LSE
55	367.50	16:09:34	00058905223TRLO0	LSE
323	367.50	16:09:34	00058905224TRLO0	LSE
1200	367.50	16:10:34	00058905366TRLO0	LSE
174	367.50	16:10:34	00058905367TRLO0	LSE
1240	367.00	16:10:47	00058905406TRLO0	LSE
134	367.00	16:10:47	00058905407TRLO0	LSE
1200	368.00	16:17:48	00058906077TRLO0	LSE
405	368.00	16:17:48	00058906078TRLO0	LSE
600	367.50	16:17:48	00058906079TRLO0	LSE
56	367.50	16:17:48	00058906080TRLO0	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