Transaction in Own Shares

17 March 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 March 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	:  45,846
Weighted average purchase price paid	:  418.5005 pence per share
Highest purchase price paid	:  420 pence per share
Lowest purchase price paid	:  416 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 45,846 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 246,045,577, 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 March 2022)

Number of ordinary shares purchased	Transaction price (GB pence per share)	Time of transaction (UK Time)	Transaction reference number	Venue
454	418.50	09:19:00	00057728177TRLO0	LSE
386	418.50	09:19:00	00057728176TRLO0	LSE
400	418.50	09:19:00	00057728175TRLO0	LSE
632	418.50	09:19:00	00057728178TRLO0	LSE
400	418.50	09:19:00	00057728179TRLO0	LSE
1132	417.50	09:19:01	00057728180TRLO0	LSE
300	418.00	09:29:35	00057728726TRLO0	LSE
900	418.00	09:29:35	00057728727TRLO0	LSE
73	418.00	09:29:35	00057728728TRLO0	LSE
435	417.50	09:38:12	00057729155TRLO0	LSE
900	417.50	09:38:12	00057729156TRLO0	LSE
52	417.50	09:38:12	00057729157TRLO0	LSE
645	417.50	09:38:12	00057729158TRLO0	LSE
639	417.50	09:38:12	00057729159TRLO0	LSE
99	416.00	10:10:13	00057732114TRLO0	LSE
300	416.00	10:10:13	00057732115TRLO0	LSE
300	416.00	10:10:13	00057732116TRLO0	LSE
300	416.00	10:10:13	00057732117TRLO0	LSE
383	416.00	10:10:13	00057732118TRLO0	LSE
645	416.00	10:10:13	00057732119TRLO0	LSE
639	416.00	10:10:13	00057732120TRLO0	LSE
281	416.00	10:27:17	00057733507TRLO0	LSE
1007	416.00	10:38:00	00057734218TRLO0	LSE
1134	418.00	11:01:50	00057736243TRLO0	LSE
1375	418.00	11:01:50	00057736244TRLO0	LSE
416	418.00	11:21:36	00057737487TRLO0	LSE
793	418.00	11:21:36	00057737488TRLO0	LSE
743	418.50	11:21:36	00057737489TRLO0	LSE
402	418.50	11:21:36	00057737490TRLO0	LSE
89	418.50	11:21:36	00057737491TRLO0	LSE
467	418.00	11:32:08	00057738239TRLO0	LSE
831	418.00	11:32:08	00057738240TRLO0	LSE
1385	420.00	11:45:22	00057738863TRLO0	LSE
1152	419.50	11:45:23	00057738864TRLO0	LSE
1087	419.00	11:59:49	00057739648TRLO0	LSE
1236	418.00	12:16:04	00057740256TRLO0	LSE
10000	418.75	12:17:01	00057740293TRLO0	LSE
1140	417.00	12:37:15	00057740965TRLO0	LSE
247	417.50	13:00:35	00057741888TRLO0	LSE
300	417.50	13:00:35	00057741889TRLO0	LSE
109	417.50	13:00:35	00057741890TRLO0	LSE
618	417.50	13:01:02	00057741896TRLO0	LSE
1173	418.00	13:08:56	00057742183TRLO0	LSE
1268	420.00	14:44:04	00057749776TRLO0	LSE
1192	420.00	14:44:04	00057749777TRLO0	LSE
1151	420.00	14:44:04	00057749778TRLO0	LSE
1306	420.00	14:44:04	00057749779TRLO0	LSE
1187	420.00	14:44:04	00057749780TRLO0	LSE
1334	420.00	14:44:04	00057749781TRLO0	LSE
1219	420.00	14:44:04	00057749782TRLO0	LSE
1190	420.00	14:44:04	00057749783TRLO0	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