Transaction in Own Shares

17 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 16 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	:  364.7527 pence per share
Highest purchase price paid	:  367.5 pence per share
Lowest purchase price paid	:  363.5 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 2,850,007 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 243,241,416, 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 16 May 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
30000	363.50	08:30:21	00058910805TRLO0	LSE
680	365.50	09:10:12	00058912305TRLO0	LSE
52	365.50	09:10:12	00058912304TRLO0	LSE
802	365.50	09:10:12	00058912303TRLO0	LSE
261	365.50	09:10:12	00058912302TRLO0	LSE
634	365.50	09:10:12	00058912306TRLO0	LSE
400	366.00	09:10:12	00058912307TRLO0	LSE
544	365.50	09:11:12	00058912348TRLO0	LSE
802	365.50	09:11:12	00058912347TRLO0	LSE
38	365.50	09:11:12	00058912350TRLO0	LSE
170	365.50	09:11:12	00058912349TRLO0	LSE
1402	367.00	09:24:43	00058913012TRLO0	LSE
124	366.50	09:24:47	00058913017TRLO0	LSE
1278	366.50	09:24:47	00058913016TRLO0	LSE
338	366.00	09:24:50	00058913019TRLO0	LSE
414	366.00	09:24:50	00058913020TRLO0	LSE
335	366.00	09:24:50	00058913023TRLO0	LSE
246	366.50	09:27:41	00058913116TRLO0	LSE
1200	366.50	09:27:41	00058913115TRLO0	LSE
100	366.00	09:27:41	00058913117TRLO0	LSE
1550	366.00	09:27:53	00058913124TRLO0	LSE
346	366.00	09:27:53	00058913123TRLO0	LSE
600	366.00	09:27:53	00058913122TRLO0	LSE
239	365.50	09:53:21	00058914521TRLO0	LSE
338	365.50	09:58:21	00058914779TRLO0	LSE
6	365.50	10:04:29	00058915208TRLO0	LSE
1175	365.50	10:11:05	00058915481TRLO0	LSE
242	365.50	10:11:05	00058915480TRLO0	LSE
929	365.50	10:11:05	00058915479TRLO0	LSE
1494	365.50	10:26:05	00058916116TRLO0	LSE
1045	365.00	10:30:02	00058916231TRLO0	LSE
593	365.00	10:30:02	00058916230TRLO0	LSE
168	364.50	10:30:02	00058916232TRLO0	LSE
655	364.00	10:59:10	00058917637TRLO0	LSE
600	364.00	10:59:10	00058917636TRLO0	LSE
256	364.00	10:59:10	00058917635TRLO0	LSE
1649	363.50	10:59:10	00058917638TRLO0	LSE
127	364.50	11:41:12	00058919013TRLO0	LSE
424	364.50	11:41:12	00058919012TRLO0	LSE
1098	364.50	11:41:12	00058919011TRLO0	LSE
153	364.00	11:45:10	00058919129TRLO0	LSE
1218	364.00	11:45:10	00058919128TRLO0	LSE
1727	364.00	11:45:10	00058919130TRLO0	LSE
354	363.50	11:46:12	00058919195TRLO0	LSE
241	363.50	11:49:29	00058919329TRLO0	LSE
309	363.50	11:54:29	00058919448TRLO0	LSE
742	363.50	11:58:57	00058919604TRLO0	LSE
1491	363.50	12:29:20	00058920407TRLO0	LSE
53	363.50	12:29:20	00058920406TRLO0	LSE
1647	363.50	13:00:46	00058921426TRLO0	LSE
951	363.50	13:00:46	00058921425TRLO0	LSE
653	363.50	13:00:46	00058921424TRLO0	LSE
41	363.50	13:06:22	00058921643TRLO0	LSE
265	363.50	13:11:22	00058921791TRLO0	LSE
658	364.50	13:16:13	00058922021TRLO0	LSE
77	364.50	13:16:13	00058922020TRLO0	LSE
400	364.50	13:16:13	00058922019TRLO0	LSE
253	365.00	13:28:22	00058922446TRLO0	LSE
1366	365.00	13:30:36	00058922533TRLO0	LSE
1317	365.00	13:30:36	00058922532TRLO0	LSE
400	365.00	13:30:36	00058922534TRLO0	LSE
256	364.50	13:31:02	00058922551TRLO0	LSE
545	364.50	13:31:02	00058922550TRLO0	LSE
545	364.50	13:31:02	00058922549TRLO0	LSE
116	364.50	13:31:02	00058922548TRLO0	LSE
313	365.00	13:46:37	00058923184TRLO0	LSE
313	365.00	13:54:54	00058923465TRLO0	LSE
178	365.00	13:54:54	00058923466TRLO0	LSE
972	366.50	14:07:24	00058924035TRLO0	LSE
53	366.50	14:07:24	00058924034TRLO0	LSE
522	366.50	14:07:24	00058924033TRLO0	LSE
1436	366.50	14:13:27	00058924350TRLO0	LSE
200	366.50	14:13:27	00058924349TRLO0	LSE
587	366.50	14:13:27	00058924348TRLO0	LSE
720	366.50	14:13:27	00058924347TRLO0	LSE
1478	366.00	14:15:18	00058924415TRLO0	LSE
681	367.00	14:40:32	00058926505TRLO0	LSE
157	367.50	14:42:24	00058926633TRLO0	LSE
680	367.50	14:42:24	00058926632TRLO0	LSE
818	367.50	14:42:51	00058926680TRLO0	LSE
1655	367.00	14:42:51	00058926681TRLO0	LSE
1651	366.50	14:44:18	00058926796TRLO0	LSE
1397	366.00	14:59:11	00058928368TRLO0	LSE
1414	366.00	14:59:11	00058928367TRLO0	LSE
461	365.00	15:00:48	00058928555TRLO0	LSE
600	365.00	15:00:48	00058928554TRLO0	LSE
510	365.00	15:00:48	00058928553TRLO0	LSE
918	364.50	15:10:14	00058929281TRLO0	LSE
479	364.50	15:10:14	00058929282TRLO0	LSE
254	365.00	15:21:26	00058930027TRLO0	LSE
430	366.00	15:25:13	00058930289TRLO0	LSE
144	366.00	15:25:13	00058930288TRLO0	LSE
400	366.00	15:25:13	00058930287TRLO0	LSE
596	366.00	15:25:13	00058930286TRLO0	LSE
1598	366.00	15:30:13	00058930715TRLO0	LSE
1403	365.50	15:34:16	00058931098TRLO0	LSE
1390	365.00	15:38:11	00058931541TRLO0	LSE
646	365.00	15:48:13	00058932480TRLO0	LSE
164	365.00	15:48:13	00058932479TRLO0	LSE
712	365.00	15:58:35	00058933376TRLO0	LSE
77	365.00	15:58:35	00058933375TRLO0	LSE
844	365.00	15:58:35	00058933374TRLO0	LSE
610	365.00	16:06:53	00058933878TRLO0	LSE
802	365.00	16:06:53	00058933877TRLO0	LSE
275	365.00	16:06:53	00058933876TRLO0	LSE
1383	364.50	16:16:34	00058934532TRLO0	LSE
758	364.50	16:21:06	00058935070TRLO0	LSE
189	364.50	16:21:43	00058935136TRLO0	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