Transaction in Own Shares

21 April 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 20 April 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	:  60,000
Weighted average purchase price paid	:  408.3178 pence per share
Highest purchase price paid	:  411.5 pence per share
Lowest purchase price paid	:  404.5 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 1,270,991 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 244,820,432, 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 20 April 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1351	407.50	08:19:28	00058339090TRLO0	LSE
1016	407.00	08:21:08	00058339236TRLO0	LSE
553	407.00	08:21:08	00058339237TRLO0	LSE
1481	406.50	08:22:40	00058339379TRLO0	LSE
355	405.00	08:40:01	00058340568TRLO0	LSE
1087	405.00	08:40:01	00058340569TRLO0	LSE
387	405.50	08:59:24	00058341485TRLO0	LSE
500	405.50	08:59:24	00058341486TRLO0	LSE
340	405.50	08:59:24	00058341487TRLO0	LSE
1236	405.50	09:10:45	00058341965TRLO0	LSE
1388	405.50	09:10:45	00058341966TRLO0	LSE
534	405.00	09:20:01	00058342350TRLO0	LSE
7	405.00	09:31:41	00058342895TRLO0	LSE
460	405.00	09:36:01	00058343238TRLO0	LSE
318	405.00	09:41:41	00058343393TRLO0	LSE
208	405.00	09:41:41	00058343394TRLO0	LSE
149	405.00	09:45:48	00058343478TRLO0	LSE
105	405.00	09:45:48	00058343479TRLO0	LSE
1047	405.00	09:45:48	00058343480TRLO0	LSE
127	404.50	09:45:54	00058343482TRLO0	LSE
514	404.50	09:45:58	00058343487TRLO0	LSE
469	404.50	09:47:41	00058343565TRLO0	LSE
704	404.50	09:47:41	00058343566TRLO0	LSE
1421	407.50	10:04:10	00058344257TRLO0	LSE
100	407.00	10:04:14	00058344266TRLO0	LSE
1000	407.00	10:04:14	00058344267TRLO0	LSE
500	407.00	10:04:14	00058344268TRLO0	LSE
74	407.00	10:04:14	00058344269TRLO0	LSE
400	407.50	10:06:23	00058344354TRLO0	LSE
478	407.00	10:06:24	00058344357TRLO0	LSE
500	407.00	10:06:24	00058344358TRLO0	LSE
475	407.00	10:06:24	00058344359TRLO0	LSE
1306	406.50	10:13:58	00058344752TRLO0	LSE
3	406.00	10:29:21	00058345630TRLO0	LSE
392	408.00	10:39:21	00058346351TRLO0	LSE
233	408.00	10:39:21	00058346352TRLO0	LSE
138	408.00	10:39:21	00058346353TRLO0	LSE
38	408.00	10:39:21	00058346354TRLO0	LSE
336	408.00	10:40:01	00058346399TRLO0	LSE
125	408.00	10:40:01	00058346400TRLO0	LSE
685	408.00	10:42:35	00058346545TRLO0	LSE
756	408.00	10:42:35	00058346546TRLO0	LSE
99	407.50	10:50:01	00058346847TRLO0	LSE
600	407.50	10:57:41	00058347064TRLO0	LSE
615	407.50	10:57:41	00058347065TRLO0	LSE
1089	408.00	11:33:21	00058348271TRLO0	LSE
996	408.00	11:33:21	00058348272TRLO0	LSE
940	408.50	11:51:46	00058348820TRLO0	LSE
533	408.50	11:51:46	00058348821TRLO0	LSE
406	408.50	11:51:46	00058348822TRLO0	LSE
400	408.50	11:51:46	00058348823TRLO0	LSE
819	408.50	11:51:46	00058348824TRLO0	LSE
400	408.50	11:51:46	00058348825TRLO0	LSE
10	409.50	12:13:40	00058349657TRLO0	LSE
1252	409.50	12:14:11	00058349670TRLO0	LSE
1286	409.50	12:14:42	00058349704TRLO0	LSE
1406	408.50	12:33:02	00058350421TRLO0	LSE
400	409.00	12:45:21	00058350983TRLO0	LSE
557	409.00	12:45:21	00058350984TRLO0	LSE
1050	409.50	12:50:30	00058351297TRLO0	LSE
271	409.50	12:50:30	00058351298TRLO0	LSE
500	409.00	12:50:42	00058351349TRLO0	LSE
500	409.00	12:50:42	00058351350TRLO0	LSE
299	409.00	12:50:42	00058351351TRLO0	LSE
980	408.50	12:56:00	00058351656TRLO0	LSE
771	409.00	12:58:20	00058351763TRLO0	LSE
1497	410.00	13:23:41	00058352931TRLO0	LSE
185	410.00	13:28:21	00058353117TRLO0	LSE
1118	410.00	13:28:21	00058353118TRLO0	LSE
22	410.00	13:30:01	00058353233TRLO0	LSE
400	410.50	13:33:30	00058353506TRLO0	LSE
400	410.50	13:33:30	00058353507TRLO0	LSE
400	410.50	13:34:51	00058353554TRLO0	LSE
462	410.50	13:34:51	00058353555TRLO0	LSE
303	410.50	13:39:11	00058353835TRLO0	LSE
128	410.50	13:39:11	00058353836TRLO0	LSE
1494	411.00	13:57:02	00058354858TRLO0	LSE
1228	410.50	14:09:34	00058355395TRLO0	LSE
132	410.50	14:25:01	00058356313TRLO0	LSE
209	410.50	14:26:41	00058356389TRLO0	LSE
272	410.50	14:28:21	00058356505TRLO0	LSE
400	411.50	14:29:41	00058356572TRLO0	LSE
555	411.50	14:29:41	00058356573TRLO0	LSE
400	411.00	14:36:11	00058357072TRLO0	LSE
241	411.00	14:36:11	00058357073TRLO0	LSE
988	411.00	14:36:11	00058357074TRLO0	LSE
108	411.00	14:41:41	00058357444TRLO0	LSE
500	411.00	14:43:08	00058357610TRLO0	LSE
842	411.00	14:43:08	00058357611TRLO0	LSE
400	410.00	14:59:52	00058358624TRLO0	LSE
230	409.50	15:00:01	00058358631TRLO0	LSE
1187	409.50	15:03:33	00058358898TRLO0	LSE
21	409.50	15:21:41	00058360384TRLO0	LSE
230	409.50	15:23:21	00058360500TRLO0	LSE
771	409.50	15:24:09	00058360546TRLO0	LSE
238	409.50	15:25:01	00058360640TRLO0	LSE
100	409.50	15:25:08	00058360646TRLO0	LSE
442	409.50	15:35:31	00058361606TRLO0	LSE
82	409.50	15:35:31	00058361607TRLO0	LSE
99	409.50	15:35:31	00058361608TRLO0	LSE
18	409.50	15:35:31	00058361609TRLO0	LSE
213	409.50	15:35:31	00058361610TRLO0	LSE
148	410.00	15:40:07	00058362143TRLO0	LSE
381	410.00	15:40:07	00058362144TRLO0	LSE
381	410.00	15:40:07	00058362145TRLO0	LSE
250	410.00	15:52:07	00058363660TRLO0	LSE
153	410.00	15:52:07	00058363661TRLO0	LSE
766	410.00	15:52:07	00058363662TRLO0	LSE
141	410.00	15:52:07	00058363663TRLO0	LSE
84	410.00	15:52:07	00058363664TRLO0	LSE
665	410.00	16:05:37	00058364631TRLO0	LSE
147	410.00	16:05:37	00058364632TRLO0	LSE
123	410.00	16:05:37	00058364633TRLO0	LSE
344	410.00	16:05:37	00058364634TRLO0	LSE
4	410.00	16:05:37	00058364635TRLO0	LSE
623	410.00	16:10:08	00058364961TRLO0	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