Transaction in Own Shares

20 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 19 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	:  366.3839 pence per share
Highest purchase price paid	:  373 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 3,141,278 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 242,950,145, 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 19 May 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1997	373.00	08:21:57	00058991039TRLO0	LSE
188	371.50	08:22:58	00058991088TRLO0	LSE
60	371.50	08:27:06	00058991392TRLO0	LSE
600	371.50	08:27:06	00058991391TRLO0	LSE
569	371.50	08:27:06	00058991390TRLO0	LSE
122	371.50	08:27:06	00058991389TRLO0	LSE
1597	368.00	08:58:12	00058994374TRLO0	LSE
25	367.50	08:58:12	00058994375TRLO0	LSE
400	368.00	08:58:12	00058994376TRLO0	LSE
1529	367.50	09:03:37	00058994788TRLO0	LSE
1433	366.50	09:19:53	00058995997TRLO0	LSE
1461	368.00	09:38:03	00058996765TRLO0	LSE
1524	368.00	09:38:03	00058996764TRLO0	LSE
34	367.50	09:38:46	00058996787TRLO0	LSE
343	367.50	09:38:46	00058996786TRLO0	LSE
47	367.50	09:38:46	00058996790TRLO0	LSE
178	367.50	09:38:46	00058996789TRLO0	LSE
929	367.50	09:38:47	00058996798TRLO0	LSE
1545	366.50	09:41:48	00058996945TRLO0	LSE
551	367.00	09:56:44	00058997615TRLO0	LSE
600	367.00	09:56:44	00058997614TRLO0	LSE
842	367.00	09:56:44	00058997613TRLO0	LSE
58	367.00	09:56:44	00058997612TRLO0	LSE
1312	366.50	09:59:32	00058997890TRLO0	LSE
541	365.50	10:04:13	00058998252TRLO0	LSE
710	365.50	10:04:13	00058998251TRLO0	LSE
233	365.50	10:04:13	00058998250TRLO0	LSE
648	363.50	10:17:45	00058999433TRLO0	LSE
905	363.50	10:17:45	00058999432TRLO0	LSE
1486	363.50	10:33:58	00059000397TRLO0	LSE
632	364.50	10:58:15	00059001714TRLO0	LSE
925	364.50	10:58:15	00059001713TRLO0	LSE
965	364.50	10:58:15	00059001712TRLO0	LSE
600	364.50	10:58:15	00059001711TRLO0	LSE
1076	364.50	10:58:15	00059001716TRLO0	LSE
400	364.50	10:58:15	00059001715TRLO0	LSE
1434	364.00	11:38:19	00059003579TRLO0	LSE
74	364.00	11:38:19	00059003578TRLO0	LSE
1552	365.50	11:47:35	00059004116TRLO0	LSE
1336	365.50	11:47:35	00059004115TRLO0	LSE
231	365.00	11:52:21	00059004322TRLO0	LSE
275	365.00	11:54:01	00059004363TRLO0	LSE
947	365.00	11:54:09	00059004365TRLO0	LSE
246	365.00	11:54:09	00059004364TRLO0	LSE
615	365.50	12:05:16	00059004771TRLO0	LSE
820	365.50	12:05:16	00059004770TRLO0	LSE
712	364.50	12:15:21	00059005739TRLO0	LSE
796	364.50	12:15:21	00059005740TRLO0	LSE
1424	365.00	13:15:17	00059008730TRLO0	LSE
590	365.00	13:15:17	00059008729TRLO0	LSE
971	365.00	13:15:17	00059008728TRLO0	LSE
467	364.50	13:15:17	00059008733TRLO0	LSE
139	364.50	13:15:17	00059008732TRLO0	LSE
1448	364.50	13:15:17	00059008731TRLO0	LSE
291	364.00	13:15:19	00059008735TRLO0	LSE
315	364.00	13:16:15	00059008767TRLO0	LSE
269	364.00	13:20:51	00059008895TRLO0	LSE
650	364.00	13:23:08	00059008960TRLO0	LSE
356	364.00	13:23:08	00059008961TRLO0	LSE
1471	364.00	13:29:55	00059009191TRLO0	LSE
903	364.00	13:48:55	00059010422TRLO0	LSE
548	364.00	13:48:55	00059010421TRLO0	LSE
752	363.50	13:48:55	00059010423TRLO0	LSE
1400	364.00	14:09:55	00059011104TRLO0	LSE
513	364.50	14:09:55	00059011107TRLO0	LSE
400	364.50	14:09:55	00059011106TRLO0	LSE
653	364.50	14:09:55	00059011105TRLO0	LSE
54	364.50	14:09:55	00059011103TRLO0	LSE
721	364.50	14:09:55	00059011102TRLO0	LSE
325	364.50	14:09:55	00059011101TRLO0	LSE
600	365.00	14:28:32	00059012198TRLO0	LSE
600	365.00	14:28:32	00059012197TRLO0	LSE
64	365.00	14:28:32	00059012196TRLO0	LSE
600	365.00	14:28:32	00059012195TRLO0	LSE
600	365.00	14:28:32	00059012194TRLO0	LSE
53	365.00	14:28:32	00059012199TRLO0	LSE
137	365.00	14:28:32	00059012202TRLO0	LSE
474	365.00	14:28:32	00059012201TRLO0	LSE
1090	365.00	14:28:32	00059012200TRLO0	LSE
1723	366.50	14:34:24	00059012859TRLO0	LSE
600	366.50	14:34:24	00059012858TRLO0	LSE
349	367.00	14:36:53	00059013076TRLO0	LSE
1200	367.00	14:36:53	00059013075TRLO0	LSE
400	367.00	14:36:53	00059013077TRLO0	LSE
246	367.50	14:38:51	00059013266TRLO0	LSE
400	367.50	14:38:51	00059013265TRLO0	LSE
400	367.50	14:38:51	00059013267TRLO0	LSE
400	367.50	14:38:51	00059013268TRLO0	LSE
408	367.00	14:38:51	00059013269TRLO0	LSE
1329	367.00	14:38:51	00059013271TRLO0	LSE
1085	367.00	14:38:51	00059013270TRLO0	LSE
1848	366.50	14:42:22	00059013596TRLO0	LSE
45	366.00	14:44:48	00059013847TRLO0	LSE
1200	366.00	14:44:48	00059013846TRLO0	LSE
140	366.00	14:44:48	00059013845TRLO0	LSE
880	365.50	14:47:12	00059014005TRLO0	LSE
489	365.50	14:47:12	00059014004TRLO0	LSE
400	365.50	14:49:32	00059014196TRLO0	LSE
400	365.50	14:51:18	00059014271TRLO0	LSE
400	365.50	14:51:18	00059014272TRLO0	LSE
121	365.50	14:53:56	00059014422TRLO0	LSE
133	365.50	14:53:56	00059014425TRLO0	LSE
390	365.50	14:53:56	00059014424TRLO0	LSE
882	365.50	14:53:56	00059014423TRLO0	LSE
400	365.50	14:59:30	00059014902TRLO0	LSE
731	365.50	14:59:43	00059014921TRLO0	LSE
8	367.50	15:06:03	00059015609TRLO0	LSE
1456	367.50	15:06:13	00059015612TRLO0	LSE
261	367.00	15:06:47	00059015689TRLO0	LSE
110	367.00	15:06:47	00059015688TRLO0	LSE
1200	367.00	15:06:47	00059015687TRLO0	LSE
781	366.50	15:09:46	00059015971TRLO0	LSE
1397	366.50	15:09:46	00059015970TRLO0	LSE
171	366.50	15:09:46	00059015972TRLO0	LSE
208	366.50	15:14:10	00059016331TRLO0	LSE
400	367.00	15:18:29	00059016618TRLO0	LSE
163	366.50	15:19:34	00059016670TRLO0	LSE
1336	367.50	15:27:02	00059017260TRLO0	LSE
64	367.50	15:27:02	00059017259TRLO0	LSE
1197	367.50	15:27:02	00059017258TRLO0	LSE
542	367.50	15:27:02	00059017257TRLO0	LSE
56	367.50	15:27:02	00059017263TRLO0	LSE
58	367.50	15:27:02	00059017262TRLO0	LSE
44	367.50	15:27:02	00059017261TRLO0	LSE
96	367.50	15:27:02	00059017264TRLO0	LSE
1507	367.50	15:27:02	00059017265TRLO0	LSE
841	366.50	15:41:16	00059018487TRLO0	LSE
514	366.50	15:41:16	00059018486TRLO0	LSE
400	367.00	15:49:56	00059019205TRLO0	LSE
400	367.00	15:50:10	00059019214TRLO0	LSE
300	367.50	15:54:11	00059019631TRLO0	LSE
660	367.50	15:54:11	00059019630TRLO0	LSE
620	367.50	15:54:33	00059019652TRLO0	LSE
1353	368.00	15:58:18	00059019991TRLO0	LSE
41	368.00	15:58:18	00059019990TRLO0	LSE
386	368.00	16:00:18	00059020254TRLO0	LSE
407	368.00	16:00:18	00059020253TRLO0	LSE
600	368.00	16:00:18	00059020252TRLO0	LSE
1594	368.00	16:05:38	00059021020TRLO0	LSE
831	368.00	16:08:54	00059021304TRLO0	LSE
597	368.00	16:08:54	00059021303TRLO0	LSE
47	367.50	16:08:54	00059021305TRLO0	LSE
106	368.00	16:12:54	00059021738TRLO0	LSE
407	368.00	16:12:54	00059021739TRLO0	LSE
61	368.00	16:12:54	00059021740TRLO0	LSE
473	368.00	16:12:54	00059021741TRLO0	LSE
437	368.00	16:12:54	00059021742TRLO0	LSE
154	368.00	16:16:15	00059022236TRLO0	LSE
600	368.00	16:16:15	00059022235TRLO0	LSE
600	368.00	16:16:15	00059022234TRLO0	LSE
1546	368.00	16:18:15	00059022484TRLO0	LSE
644	368.00	16:20:39	00059022781TRLO0	LSE
18	368.00	16:20:39	00059022782TRLO0	LSE
600	368.00	16:20:39	00059022783TRLO0	LSE
308	368.00	16:20:39	00059022784TRLO0	LSE
732	368.50	16:22:39	00059023032TRLO0	LSE
33	368.50	16:22:39	00059023031TRLO0	LSE
28	368.50	16:22:39	00059023030TRLO0	LSE
271	368.50	16:22:39	00059023029TRLO0	LSE
356	368.00	16:22:40	00059023033TRLO0	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