Transaction in Own Shares

8 July 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 7 July 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	:  333.5639 pence per share
Highest purchase price paid	:  336.5 pence per share
Lowest purchase price paid	:  326 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 5,861,446 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 240,229,977, 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 7 July 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1500	326.00	08:29:00	00059916974TRLO0	LSE
365	326.00	08:29:00	00059916975TRLO0	LSE
487	326.00	08:29:01	00059916977TRLO0	LSE
1090	329.50	08:32:25	00059917050TRLO0	LSE
1159	329.50	08:32:25	00059917051TRLO0	LSE
1670	329.00	08:58:16	00059918001TRLO0	LSE
1786	329.00	08:58:16	00059918000TRLO0	LSE
586	332.00	09:08:54	00059918301TRLO0	LSE
1	332.00	09:08:54	00059918302TRLO0	LSE
1464	332.00	09:08:54	00059918303TRLO0	LSE
435	331.50	09:08:56	00059918311TRLO0	LSE
700	331.50	09:08:56	00059918310TRLO0	LSE
700	331.50	09:08:56	00059918309TRLO0	LSE
113	331.50	09:08:56	00059918308TRLO0	LSE
1907	333.00	09:12:04	00059918514TRLO0	LSE
600	333.00	09:13:04	00059918549TRLO0	LSE
3933	334.00	09:30:06	00059919186TRLO0	LSE
600	334.00	09:30:06	00059919187TRLO0	LSE
17	334.00	09:30:06	00059919188TRLO0	LSE
277	334.00	09:30:06	00059919189TRLO0	LSE
284	331.00	10:04:42	00059920676TRLO0	LSE
2677	331.00	10:04:42	00059920675TRLO0	LSE
926	331.00	10:05:27	00059920724TRLO0	LSE
857	331.00	10:05:27	00059920723TRLO0	LSE
260	331.00	10:05:27	00059920729TRLO0	LSE
356	330.50	10:06:56	00059920772TRLO0	LSE
1892	331.00	10:08:47	00059920803TRLO0	LSE
1892	331.00	10:11:44	00059920848TRLO0	LSE
477	332.50	10:30:27	00059921300TRLO0	LSE
1256	332.50	10:30:27	00059921299TRLO0	LSE
203	333.00	11:11:49	00059922560TRLO0	LSE
1455	333.00	11:11:49	00059922559TRLO0	LSE
307	333.00	11:33:49	00059923118TRLO0	LSE
91	333.00	11:33:49	00059923117TRLO0	LSE
93	333.00	11:33:55	00059923120TRLO0	LSE
1400	333.00	11:33:55	00059923119TRLO0	LSE
1563	332.50	11:47:46	00059923504TRLO0	LSE
95	332.50	11:47:46	00059923503TRLO0	LSE
201	333.00	11:47:46	00059923506TRLO0	LSE
5000	333.00	11:47:46	00059923505TRLO0	LSE
2172	333.00	12:37:51	00059924650TRLO0	LSE
1685	333.00	12:37:51	00059924649TRLO0	LSE
1539	333.00	12:42:36	00059924792TRLO0	LSE
972	333.00	12:42:36	00059924791TRLO0	LSE
578	335.00	12:44:44	00059924892TRLO0	LSE
295	335.00	12:44:44	00059924893TRLO0	LSE
3000	335.00	13:13:19	00059925680TRLO0	LSE
549	335.00	13:13:19	00059925681TRLO0	LSE
2002	335.00	13:50:10	00059926533TRLO0	LSE
1564	335.00	13:50:24	00059926538TRLO0	LSE
113	335.00	13:50:24	00059926539TRLO0	LSE
74	335.00	13:50:24	00059926540TRLO0	LSE
2883	335.00	13:52:14	00059926631TRLO0	LSE
126	336.00	14:06:14	00059927212TRLO0	LSE
2472	336.00	14:06:14	00059927213TRLO0	LSE
367	336.00	14:06:14	00059927214TRLO0	LSE
1346	336.00	14:14:14	00059927468TRLO0	LSE
553	336.00	14:14:14	00059927469TRLO0	LSE
437	335.50	14:29:30	00059928001TRLO0	LSE
2500	335.50	14:29:30	00059928000TRLO0	LSE
16	335.50	14:31:54	00059928383TRLO0	LSE
1	335.50	14:31:54	00059928382TRLO0	LSE
1925	335.50	14:31:54	00059928381TRLO0	LSE
2669	336.50	14:43:54	00059929374TRLO0	LSE
1897	336.50	14:49:54	00059929852TRLO0	LSE
383	335.00	14:56:37	00059930285TRLO0	LSE
1668	335.00	14:56:37	00059930284TRLO0	LSE
2023	335.00	15:18:08	00059931865TRLO0	LSE
600	335.00	15:18:08	00059931864TRLO0	LSE
3616	335.00	15:18:08	00059931863TRLO0	LSE
390	334.50	15:26:42	00059932397TRLO0	LSE
279	334.50	15:26:42	00059932396TRLO0	LSE
260	334.50	15:27:34	00059932438TRLO0	LSE
600	334.50	15:27:34	00059932437TRLO0	LSE
300	334.50	15:29:34	00059932514TRLO0	LSE
600	334.50	15:29:34	00059932513TRLO0	LSE
600	334.50	15:36:57	00059932931TRLO0	LSE
600	334.50	15:36:57	00059932932TRLO0	LSE
1122	334.50	15:43:07	00059933229TRLO0	LSE
819	334.50	15:43:07	00059933228TRLO0	LSE
833	334.50	15:43:14	00059933235TRLO0	LSE
562	334.50	15:43:14	00059933234TRLO0	LSE
132	334.50	15:56:09	00059933809TRLO0	LSE
1170	334.50	15:57:01	00059933843TRLO0	LSE
1729	334.50	15:57:40	00059933855TRLO0	LSE
271	334.50	15:57:40	00059933854TRLO0	LSE
150	334.50	15:57:40	00059933853TRLO0	LSE
963	335.00	16:07:39	00059934542TRLO0	LSE
3898	335.00	16:07:39	00059934541TRLO0	LSE
1678	335.00	16:12:46	00059934964TRLO0	LSE
2344	335.00	16:18:25	00059935330TRLO0	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