Transaction in Own Shares

18 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 17 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	:  367.6483 pence per share
Highest purchase price paid	:  370 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 2,950,007 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 243,141,416, 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 17 May 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
862	365.50	08:14:57	00058938224TRLO0	LSE
477	365.50	08:14:57	00058938223TRLO0	LSE
684	365.00	08:18:02	00058938402TRLO0	LSE
55	365.00	08:18:02	00058938404TRLO0	LSE
600	365.00	08:18:02	00058938403TRLO0	LSE
425	364.50	08:29:53	00058939077TRLO0	LSE
600	364.50	08:29:53	00058939076TRLO0	LSE
196	364.50	08:29:53	00058939075TRLO0	LSE
146	364.50	08:29:53	00058939074TRLO0	LSE
1561	364.00	08:42:05	00058939789TRLO0	LSE
244	363.50	08:51:21	00058940166TRLO0	LSE
700	363.50	09:02:13	00058940718TRLO0	LSE
633	365.50	09:16:09	00058941548TRLO0	LSE
1518	365.00	09:16:09	00058941549TRLO0	LSE
804	365.00	09:16:09	00058941551TRLO0	LSE
600	365.00	09:16:09	00058941550TRLO0	LSE
200	366.50	09:22:45	00058942125TRLO0	LSE
1200	366.50	09:22:45	00058942126TRLO0	LSE
175	366.50	09:22:45	00058942127TRLO0	LSE
953	366.00	09:22:48	00058942130TRLO0	LSE
400	366.00	09:22:48	00058942129TRLO0	LSE
162	365.50	09:25:49	00058942252TRLO0	LSE
413	365.50	09:25:49	00058942253TRLO0	LSE
1424	365.50	09:26:50	00058942289TRLO0	LSE
279	365.50	09:26:50	00058942288TRLO0	LSE
422	365.50	09:26:50	00058942287TRLO0	LSE
137	365.50	09:26:50	00058942286TRLO0	LSE
244	365.00	09:31:05	00058942428TRLO0	LSE
144	365.00	09:31:05	00058942430TRLO0	LSE
472	365.00	09:31:05	00058942429TRLO0	LSE
627	365.00	09:31:24	00058942442TRLO0	LSE
31	365.00	09:31:24	00058942441TRLO0	LSE
183	365.00	09:31:24	00058942443TRLO0	LSE
1186	365.00	09:36:57	00058942598TRLO0	LSE
255	365.00	09:36:57	00058942597TRLO0	LSE
1502	365.00	10:15:04	00058944100TRLO0	LSE
1589	365.00	10:15:04	00058944099TRLO0	LSE
1618	366.50	10:22:13	00058944448TRLO0	LSE
1527	366.00	10:22:25	00058944459TRLO0	LSE
400	366.50	10:27:15	00058944672TRLO0	LSE
1440	366.00	10:34:03	00058944912TRLO0	LSE
1365	366.00	10:34:03	00058944911TRLO0	LSE
1386	365.50	10:36:55	00058945093TRLO0	LSE
10	366.50	10:49:37	00058945479TRLO0	LSE
418	366.50	10:49:46	00058945489TRLO0	LSE
1140	366.50	10:49:46	00058945490TRLO0	LSE
400	368.50	10:58:36	00058945698TRLO0	LSE
973	368.00	10:58:40	00058945700TRLO0	LSE
651	368.00	10:58:40	00058945699TRLO0	LSE
239	367.50	11:01:25	00058945794TRLO0	LSE
678	369.00	11:16:06	00058946327TRLO0	LSE
773	369.00	11:16:06	00058946328TRLO0	LSE
1052	369.50	11:24:56	00058946920TRLO0	LSE
415	369.50	11:24:56	00058946921TRLO0	LSE
400	369.50	11:26:06	00058946961TRLO0	LSE
675	369.50	11:26:06	00058946962TRLO0	LSE
833	369.00	11:30:02	00058947123TRLO0	LSE
485	369.00	11:30:02	00058947122TRLO0	LSE
547	369.50	11:52:46	00058947854TRLO0	LSE
768	369.50	11:52:46	00058947855TRLO0	LSE
34	369.00	11:57:02	00058947937TRLO0	LSE
920	369.00	11:58:02	00058947978TRLO0	LSE
449	369.00	11:58:02	00058947977TRLO0	LSE
1138	369.00	11:58:02	00058947976TRLO0	LSE
143	369.00	11:58:02	00058947975TRLO0	LSE
1513	368.50	11:58:02	00058947979TRLO0	LSE
508	368.00	12:39:54	00058949644TRLO0	LSE
798	368.00	12:39:54	00058949646TRLO0	LSE
294	368.00	12:39:54	00058949645TRLO0	LSE
156	370.00	12:45:19	00058949803TRLO0	LSE
220	370.00	12:45:19	00058949804TRLO0	LSE
267	370.00	12:45:19	00058949805TRLO0	LSE
1637	369.50	12:48:19	00058949860TRLO0	LSE
1117	369.50	12:48:19	00058949862TRLO0	LSE
299	369.50	12:48:19	00058949861TRLO0	LSE
136	369.50	13:21:50	00058950866TRLO0	LSE
211	369.50	13:21:50	00058950869TRLO0	LSE
600	369.50	13:21:50	00058950868TRLO0	LSE
511	369.50	13:21:50	00058950867TRLO0	LSE
1367	369.00	13:22:31	00058950892TRLO0	LSE
1385	368.50	13:22:32	00058950893TRLO0	LSE
1511	368.00	13:43:02	00058951616TRLO0	LSE
196	368.00	13:43:02	00058951615TRLO0	LSE
1218	368.00	13:43:02	00058951614TRLO0	LSE
1443	367.50	13:43:02	00058951617TRLO0	LSE
341	366.50	14:02:36	00058952263TRLO0	LSE
1206	366.50	14:02:36	00058952262TRLO0	LSE
1610	368.00	14:27:22	00058953071TRLO0	LSE
1732	368.00	14:27:22	00058953070TRLO0	LSE
457	368.00	14:27:22	00058953069TRLO0	LSE
526	368.00	14:27:22	00058953073TRLO0	LSE
400	368.00	14:27:22	00058953072TRLO0	LSE
1556	368.50	14:35:14	00058953630TRLO0	LSE
677	369.50	14:42:26	00058954259TRLO0	LSE
99	369.50	14:42:26	00058954261TRLO0	LSE
820	369.50	14:42:26	00058954260TRLO0	LSE
519	370.00	14:43:47	00058954394TRLO0	LSE
400	370.00	14:43:47	00058954395TRLO0	LSE
1569	370.00	14:45:57	00058954515TRLO0	LSE
1511	369.50	14:52:24	00058954908TRLO0	LSE
853	369.50	14:52:24	00058954907TRLO0	LSE
677	369.50	14:52:24	00058954906TRLO0	LSE
551	369.50	14:55:02	00058955100TRLO0	LSE
861	369.50	14:55:02	00058955099TRLO0	LSE
243	369.00	15:00:19	00058955420TRLO0	LSE
254	369.00	15:00:19	00058955419TRLO0	LSE
1089	369.00	15:00:19	00058955418TRLO0	LSE
921	369.50	15:09:19	00058955999TRLO0	LSE
1588	369.50	15:09:19	00058955998TRLO0	LSE
687	369.50	15:09:19	00058956000TRLO0	LSE
400	369.00	15:23:10	00058956951TRLO0	LSE
86	369.00	15:23:10	00058956950TRLO0	LSE
464	369.00	15:24:17	00058957038TRLO0	LSE
400	369.00	15:24:17	00058957037TRLO0	LSE
1391	368.50	15:26:54	00058957207TRLO0	LSE
1077	368.50	15:26:54	00058957206TRLO0	LSE
15	368.50	15:26:54	00058957205TRLO0	LSE
361	368.50	15:26:54	00058957204TRLO0	LSE
640	368.50	15:32:26	00058957679TRLO0	LSE
476	368.50	15:32:26	00058957678TRLO0	LSE
201	368.50	15:32:26	00058957677TRLO0	LSE
70	367.50	15:35:14	00058957841TRLO0	LSE
400	368.00	15:43:06	00058958432TRLO0	LSE
300	368.00	15:43:06	00058958431TRLO0	LSE
5	368.00	15:43:06	00058958430TRLO0	LSE
560	368.00	15:43:06	00058958429TRLO0	LSE
28	368.00	15:43:06	00058958428TRLO0	LSE
503	367.50	15:45:11	00058958564TRLO0	LSE
110	367.50	15:45:11	00058958566TRLO0	LSE
680	367.50	15:45:25	00058958584TRLO0	LSE
1361	367.50	15:45:25	00058958586TRLO0	LSE
253	367.50	15:45:25	00058958585TRLO0	LSE
99	367.50	15:45:25	00058958587TRLO0	LSE
1387	368.50	15:59:12	00058959583TRLO0	LSE
400	368.50	15:59:12	00058959582TRLO0	LSE
300	368.50	15:59:12	00058959581TRLO0	LSE
508	368.00	15:59:21	00058959594TRLO0	LSE
136	368.00	15:59:21	00058959593TRLO0	LSE
722	368.00	15:59:21	00058959592TRLO0	LSE
1357	368.00	15:59:21	00058959591TRLO0	LSE
400	368.50	16:10:55	00058960535TRLO0	LSE
160	368.50	16:10:55	00058960534TRLO0	LSE
400	368.50	16:11:26	00058960577TRLO0	LSE
83	368.50	16:11:56	00058960598TRLO0	LSE
400	368.50	16:11:56	00058960599TRLO0	LSE
77	368.50	16:12:56	00058960660TRLO0	LSE
1575	368.50	16:13:13	00058960705TRLO0	LSE
113	368.50	16:17:08	00058961161TRLO0	LSE
600	368.50	16:17:08	00058961160TRLO0	LSE
600	368.50	16:17:08	00058961159TRLO0	LSE
49	368.50	16:20:08	00058961510TRLO0	LSE
67	368.50	16:20:15	00058961520TRLO0	LSE
1272	368.50	16:21:15	00058961965TRLO0	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