Transaction in Own Shares

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

3 August 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 2 August 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	:  365.1498 pence per share
Highest purchase price paid	:  367 pence per share
Lowest purchase price paid	:  360.5 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 7,131,189 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 238,960,234, 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 2 August 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
2491	365.00	08:24:10	00060345026TRLO0	LSE
1400	365.50	08:31:58	00060345515TRLO0	LSE
620	365.50	08:31:58	00060345516TRLO0	LSE
1865	365.50	08:31:58	00060345517TRLO0	LSE
75	365.50	08:31:58	00060345518TRLO0	LSE
241	365.50	08:54:39	00060346965TRLO0	LSE
298	365.50	08:54:39	00060346966TRLO0	LSE
1362	365.50	09:04:04	00060347483TRLO0	LSE
1908	365.50	09:04:04	00060347484TRLO0	LSE
872	365.50	09:04:04	00060347485TRLO0	LSE
873	364.50	09:20:17	00060348056TRLO0	LSE
600	363.50	09:37:09	00060348572TRLO0	LSE
442	363.50	09:37:09	00060348573TRLO0	LSE
600	363.50	09:37:09	00060348574TRLO0	LSE
490	363.50	09:37:09	00060348575TRLO0	LSE
685	362.50	09:56:59	00060349359TRLO0	LSE
1173	362.50	09:56:59	00060349360TRLO0	LSE
454	362.50	10:07:52	00060349742TRLO0	LSE
604	362.50	10:07:52	00060349743TRLO0	LSE
143	362.50	10:07:52	00060349744TRLO0	LSE
1871	362.00	10:24:15	00060350431TRLO0	LSE
559	361.50	10:55:57	00060351293TRLO0	LSE
600	361.50	11:17:06	00060351824TRLO0	LSE
600	361.50	11:17:06	00060351825TRLO0	LSE
494	361.50	11:17:06	00060351826TRLO0	LSE
729	361.00	11:39:35	00060352643TRLO0	LSE
253	361.00	11:52:17	00060353278TRLO0	LSE
1082	361.00	11:52:17	00060353279TRLO0	LSE
41	360.50	11:52:17	00060353280TRLO0	LSE
82	361.00	13:00:07	00060355085TRLO0	LSE
3	361.00	13:00:07	00060355086TRLO0	LSE
700	361.00	13:00:07	00060355087TRLO0	LSE
274	361.00	13:00:07	00060355088TRLO0	LSE
815	361.00	13:00:07	00060355089TRLO0	LSE
774	360.50	13:13:16	00060355358TRLO0	LSE
2	362.50	13:18:12	00060355521TRLO0	LSE
330	362.50	13:18:12	00060355522TRLO0	LSE
138	362.50	13:19:50	00060355567TRLO0	LSE
138	362.50	13:20:30	00060355600TRLO0	LSE
3827	362.50	13:31:50	00060356073TRLO0	LSE
135	363.00	13:39:07	00060356254TRLO0	LSE
716	363.00	13:39:07	00060356255TRLO0	LSE
1959	362.50	13:41:51	00060356325TRLO0	LSE
1887	362.50	13:41:51	00060356326TRLO0	LSE
737	366.00	14:09:47	00060357695TRLO0	LSE
459	366.00	14:09:47	00060357696TRLO0	LSE
384	366.00	14:09:47	00060357697TRLO0	LSE
600	366.00	14:09:47	00060357698TRLO0	LSE
533	366.00	14:09:47	00060357699TRLO0	LSE
2627	366.00	14:09:47	00060357700TRLO0	LSE
600	366.50	14:11:29	00060357832TRLO0	LSE
233	366.50	14:11:29	00060357833TRLO0	LSE
1200	366.50	14:11:29	00060357834TRLO0	LSE
104	366.50	14:12:29	00060357882TRLO0	LSE
132	366.50	14:12:29	00060357883TRLO0	LSE
571	366.00	14:12:29	00060357884TRLO0	LSE
571	366.00	14:12:29	00060357885TRLO0	LSE
70	366.50	14:18:26	00060358262TRLO0	LSE
502	366.50	14:18:26	00060358263TRLO0	LSE
438	366.50	14:19:45	00060358298TRLO0	LSE
434	366.50	14:24:36	00060358539TRLO0	LSE
321	366.50	14:24:36	00060358540TRLO0	LSE
600	366.50	14:29:36	00060358737TRLO0	LSE
600	366.50	14:29:36	00060358738TRLO0	LSE
600	366.50	14:29:36	00060358739TRLO0	LSE
152	366.50	14:29:36	00060358740TRLO0	LSE
270	366.00	14:29:36	00060358741TRLO0	LSE
1656	366.00	14:29:36	00060358742TRLO0	LSE
494	366.50	14:35:36	00060359372TRLO0	LSE
536	366.50	14:35:36	00060359373TRLO0	LSE
719	366.50	14:38:28	00060359679TRLO0	LSE
154	367.00	14:40:39	00060359790TRLO0	LSE
259	367.00	14:40:39	00060359791TRLO0	LSE
481	367.00	14:43:00	00060359929TRLO0	LSE
390	367.00	14:43:00	00060359930TRLO0	LSE
104	367.00	14:43:00	00060359931TRLO0	LSE
1154	367.00	14:43:00	00060359932TRLO0	LSE
880	367.00	14:49:00	00060360244TRLO0	LSE
1299	367.00	14:49:00	00060360245TRLO0	LSE
129	366.50	14:53:16	00060360672TRLO0	LSE
1885	366.50	14:53:16	00060360673TRLO0	LSE
2071	366.50	14:53:16	00060360674TRLO0	LSE
32	366.00	14:55:15	00060360726TRLO0	LSE
590	366.00	14:59:25	00060360884TRLO0	LSE
537	366.00	15:02:58	00060360999TRLO0	LSE
683	366.00	15:03:16	00060361013TRLO0	LSE
248	366.00	15:03:16	00060361014TRLO0	LSE
1	366.00	15:06:24	00060361156TRLO0	LSE
454	367.00	15:08:37	00060361255TRLO0	LSE
20000	366.50	15:09:28	00060361271TRLO0	LSE
2839	366.00	15:10:17	00060361371TRLO0	LSE
267	366.00	15:10:17	00060361372TRLO0	LSE
1853	366.00	15:10:17	00060361373TRLO0	LSE
562	364.50	15:31:52	00060362202TRLO0	LSE
546	364.50	15:36:55	00060362482TRLO0	LSE
119	364.50	15:38:42	00060362548TRLO0	LSE
637	364.50	15:39:02	00060362569TRLO0	LSE
800	365.50	15:48:47	00060362965TRLO0	LSE
1090	365.50	15:48:47	00060362966TRLO0	LSE
572	365.00	15:51:49	00060363175TRLO0	LSE
534	365.00	15:51:49	00060363176TRLO0	LSE
784	365.00	15:55:15	00060363486TRLO0	LSE
1903	365.00	15:55:15	00060363487TRLO0	LSE
274	366.00	16:04:07	00060363922TRLO0	LSE
526	366.00	16:04:07	00060363923TRLO0	LSE
456	366.00	16:04:07	00060363924TRLO0	LSE
937	366.00	16:04:07	00060363925TRLO0	LSE
432	366.00	16:04:07	00060363926TRLO0	LSE
2170	365.50	16:04:29	00060363943TRLO0	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    [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