Transaction in Own Shares

14 July 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 13 July 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	:  336.6375 pence per share
Highest purchase price paid	:  338.5 pence per share
Lowest purchase price paid	:  332 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 6,181,446 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 239,909,977, 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 13 July 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
418	333.00	08:10:27	00059997382TRLO0	LSE
888	332.50	08:16:32	00059997579TRLO0	LSE
828	332.50	08:16:32	00059997580TRLO0	LSE
53	332.00	08:43:01	00059998578TRLO0	LSE
517	332.00	09:01:02	00059999246TRLO0	LSE
853	332.00	09:01:14	00059999252TRLO0	LSE
360	332.00	09:01:14	00059999253TRLO0	LSE
374	335.50	09:25:09	00059999948TRLO0	LSE
600	335.50	09:25:09	00059999949TRLO0	LSE
1711	335.50	09:25:44	00059999977TRLO0	LSE
1279	335.50	09:27:10	00060000004TRLO0	LSE
693	335.50	09:27:10	00060000005TRLO0	LSE
678	335.50	09:27:10	00060000006TRLO0	LSE
1000	336.50	09:33:57	00060000283TRLO0	LSE
811	336.50	09:33:57	00060000284TRLO0	LSE
600	336.50	09:33:57	00060000285TRLO0	LSE
1144	336.50	09:33:57	00060000286TRLO0	LSE
1350	336.00	09:38:49	00060000430TRLO0	LSE
657	336.50	09:43:27	00060000551TRLO0	LSE
700	336.50	09:43:27	00060000552TRLO0	LSE
551	336.50	09:43:27	00060000553TRLO0	LSE
1961	336.50	09:52:11	00060000861TRLO0	LSE
284	338.50	10:31:11	00060002216TRLO0	LSE
1540	338.50	10:31:11	00060002217TRLO0	LSE
205	338.50	10:38:02	00060002377TRLO0	LSE
700	338.50	10:38:02	00060002378TRLO0	LSE
700	338.50	10:38:02	00060002379TRLO0	LSE
353	338.50	10:38:02	00060002380TRLO0	LSE
2147	338.00	10:53:02	00060002792TRLO0	LSE
103	337.00	10:53:15	00060002801TRLO0	LSE
1633	337.00	10:53:15	00060002802TRLO0	LSE
1808	338.50	12:54:05	00060005689TRLO0	LSE
684	338.50	12:59:46	00060005805TRLO0	LSE
318	338.50	12:59:46	00060005806TRLO0	LSE
807	338.50	12:59:46	00060005807TRLO0	LSE
1932	338.50	12:59:46	00060005808TRLO0	LSE
1748	337.50	13:16:04	00060006201TRLO0	LSE
762	337.50	13:31:25	00060007393TRLO0	LSE
1250	337.50	13:31:25	00060007394TRLO0	LSE
1698	336.00	13:35:11	00060007930TRLO0	LSE
700	335.00	13:44:42	00060008978TRLO0	LSE
1006	335.00	13:44:42	00060008979TRLO0	LSE
83	337.00	14:19:43	00060010696TRLO0	LSE
1973	337.00	14:19:43	00060010697TRLO0	LSE
1942	337.50	14:33:26	00060011405TRLO0	LSE
1782	337.50	14:33:26	00060011406TRLO0	LSE
108	337.50	14:33:26	00060011407TRLO0	LSE
461	337.50	14:45:01	00060012367TRLO0	LSE
1549	337.50	14:45:01	00060012368TRLO0	LSE
1789	337.00	15:00:18	00060013877TRLO0	LSE
848	337.50	15:06:13	00060014396TRLO0	LSE
1226	337.50	15:06:13	00060014397TRLO0	LSE
243	337.00	15:15:58	00060014956TRLO0	LSE
1400	337.00	15:15:58	00060014957TRLO0	LSE
215	337.00	15:15:58	00060014958TRLO0	LSE
1010	334.00	15:21:18	00060015564TRLO0	LSE
700	334.00	15:21:18	00060015565TRLO0	LSE
142	334.00	15:21:18	00060015566TRLO0	LSE
600	337.00	15:56:38	00060017928TRLO0	LSE
600	337.00	15:56:38	00060017929TRLO0	LSE
600	337.00	15:56:52	00060017940TRLO0	LSE
943	337.00	15:56:52	00060017941TRLO0	LSE
1845	336.50	15:59:54	00060018103TRLO0	LSE
203	336.50	15:59:54	00060018104TRLO0	LSE
879	336.50	16:10:30	00060019037TRLO0	LSE
455	336.50	16:10:30	00060019038TRLO0	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