Transaction in Own Shares

18 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 17 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	:  120,535
Weighted average purchase price paid	:  419.9822 pence per share
Highest purchase price paid	:  420 pence per share
Lowest purchase price paid	:  419.5 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 166,381 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 245,925,042, 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 March 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
217	420.00	10:00:51	00057764293TRLO0	LSE
201	420.00	10:07:52	00057764810TRLO0	LSE
27	420.00	10:07:52	00057764809TRLO0	LSE
25	420.00	10:07:52	00057764808TRLO0	LSE
103	420.00	10:07:52	00057764807TRLO0	LSE
46	420.00	10:07:52	00057764806TRLO0	LSE
50	420.00	10:07:52	00057764805TRLO0	LSE
287	420.00	10:07:52	00057764803TRLO0	LSE
551	420.00	10:07:52	00057764802TRLO0	LSE
645	420.00	10:07:52	00057764801TRLO0	LSE
1157	420.00	10:07:52	00057764817TRLO0	LSE
1296	420.00	10:07:52	00057764816TRLO0	LSE
611	420.00	10:07:52	00057764815TRLO0	LSE
80	420.00	10:07:52	00057764814TRLO0	LSE
1194	420.00	10:07:52	00057764818TRLO0	LSE
233	420.00	12:17:56	00057771287TRLO0	LSE
995	420.00	12:17:56	00057771286TRLO0	LSE
300	420.00	12:17:56	00057771285TRLO0	LSE
96	420.00	12:17:56	00057771284TRLO0	LSE
645	420.00	12:17:56	00057771283TRLO0	LSE
81	420.00	12:17:56	00057771282TRLO0	LSE
10	420.00	12:17:56	00057771281TRLO0	LSE
290	420.00	12:17:56	00057771280TRLO0	LSE
900	420.00	12:17:56	00057771279TRLO0	LSE
202	420.00	12:17:56	00057771278TRLO0	LSE
398	420.00	12:17:56	00057771277TRLO0	LSE
645	420.00	12:17:56	00057771276TRLO0	LSE
953	420.00	12:17:56	00057771275TRLO0	LSE
247	420.00	12:17:56	00057771274TRLO0	LSE
378	420.00	12:17:56	00057771273TRLO0	LSE
1422	420.00	12:17:56	00057771272TRLO0	LSE
75000	420.00	12:18:08	00057771293TRLO0	LSE
1301	419.50	12:29:31	00057771723TRLO0	LSE
1272	419.50	12:40:44	00057772140TRLO0	LSE
591	420.00	13:13:29	00057773589TRLO0	LSE
680	420.00	13:13:29	00057773590TRLO0	LSE
1189	420.00	13:31:29	00057774477TRLO0	LSE
118	420.00	14:14:45	00057777018TRLO0	LSE
1214	420.00	14:14:45	00057777019TRLO0	LSE
10	420.00	14:14:45	00057777020TRLO0	LSE
1167	420.00	14:14:45	00057777021TRLO0	LSE
301	420.00	14:14:45	00057777022TRLO0	LSE
300	420.00	14:14:45	00057777023TRLO0	LSE
300	420.00	14:14:45	00057777024TRLO0	LSE
300	420.00	14:14:45	00057777025TRLO0	LSE
170	420.00	14:14:45	00057777026TRLO0	LSE
646	420.00	14:14:45	00057777027TRLO0	LSE
263	420.00	15:07:27	00057780720TRLO0	LSE
10927	420.00	15:07:27	00057780721TRLO0	LSE
1233	420.00	15:07:27	00057780722TRLO0	LSE
1168	420.00	15:07:27	00057780723TRLO0	LSE
1393	420.00	15:07:27	00057780724TRLO0	LSE
1201	420.00	15:07:27	00057780725TRLO0	LSE
492	419.50	15:07:27	00057780739TRLO0	LSE
622	419.50	15:07:27	00057780738TRLO0	LSE
612	419.50	15:07:27	00057780737TRLO0	LSE
276	420.00	15:07:27	00057780740TRLO0	LSE
400	420.00	15:07:27	00057780741TRLO0	LSE
201	420.00	15:07:27	00057780742TRLO0	LSE
307	420.00	15:07:27	00057780743TRLO0	LSE
277	420.00	15:30:12	00057782555TRLO0	LSE
300	420.00	15:30:12	00057782556TRLO0	LSE
644	420.00	15:30:12	00057782557TRLO0	LSE
1375	420.00	15:30:12	00057782558TRLO0	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