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

5 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 4 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	:  78,121
Weighted average purchase price paid	:  369.8181 pence per share
Highest purchase price paid	:  371.5 pence per share
Lowest purchase price paid	:  367 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 7,284,310 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 238,807,113, 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 4 August 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1746	371.00	08:21:06	00060385540TRLO0	LSE
1892	371.00	08:21:06	00060385539TRLO0	LSE
225	371.00	08:21:06	00060385541TRLO0	LSE
1410	370.50	08:21:59	00060385600TRLO0	LSE
549	370.50	08:22:00	00060385604TRLO0	LSE
113	370.50	08:25:00	00060385659TRLO0	LSE
29	370.50	08:28:34	00060385762TRLO0	LSE
1205	370.50	08:28:34	00060385761TRLO0	LSE
743	370.50	08:28:34	00060385760TRLO0	LSE
237	370.50	08:34:34	00060385971TRLO0	LSE
1724	370.50	08:34:34	00060385970TRLO0	LSE
15	370.00	08:36:45	00060386028TRLO0	LSE
1198	370.00	08:36:45	00060386030TRLO0	LSE
793	370.00	08:36:45	00060386029TRLO0	LSE
1933	369.50	08:40:21	00060386114TRLO0	LSE
1196	368.50	08:54:47	00060386683TRLO0	LSE
321	368.50	08:54:47	00060386682TRLO0	LSE
673	368.50	08:54:47	00060386681TRLO0	LSE
185	368.00	09:22:52	00060388018TRLO0	LSE
462	368.00	09:23:07	00060388029TRLO0	LSE
463	368.00	09:23:07	00060388031TRLO0	LSE
181	368.00	09:23:07	00060388030TRLO0	LSE
558	367.00	10:04:49	00060389273TRLO0	LSE
532	367.00	10:20:52	00060389874TRLO0	LSE
348	367.00	10:41:58	00060390758TRLO0	LSE
2252	370.00	10:49:53	00060391057TRLO0	LSE
1908	371.50	10:50:57	00060391127TRLO0	LSE
1838	371.50	10:51:53	00060391172TRLO0	LSE
1752	371.00	10:51:53	00060391174TRLO0	LSE
181	371.00	10:51:53	00060391173TRLO0	LSE
1904	371.00	10:54:03	00060391277TRLO0	LSE
68	370.50	11:00:02	00060391480TRLO0	LSE
664	370.50	11:00:02	00060391479TRLO0	LSE
169	370.50	11:00:02	00060391478TRLO0	LSE
356	370.50	11:00:02	00060391477TRLO0	LSE
664	370.50	11:00:02	00060391476TRLO0	LSE
246	370.50	11:00:02	00060391475TRLO0	LSE
613	370.00	11:28:07	00060392513TRLO0	LSE
471	370.00	11:29:50	00060392568TRLO0	LSE
712	370.00	11:33:18	00060392679TRLO0	LSE
528	370.00	11:53:03	00060393470TRLO0	LSE
287	370.00	11:53:03	00060393469TRLO0	LSE
119	370.00	11:53:03	00060393468TRLO0	LSE
2172	370.00	12:03:17	00060393906TRLO0	LSE
228	370.00	12:03:17	00060393905TRLO0	LSE
1044	370.00	12:03:17	00060393904TRLO0	LSE
2108	369.50	12:13:48	00060394214TRLO0	LSE
2221	368.50	12:42:05	00060395465TRLO0	LSE
102	368.50	12:44:11	00060395578TRLO0	LSE
411	368.50	12:58:12	00060396391TRLO0	LSE
561	368.50	13:00:08	00060396503TRLO0	LSE
576	368.50	13:11:23	00060397020TRLO0	LSE
159	369.00	13:18:09	00060397281TRLO0	LSE
27	369.00	13:18:09	00060397282TRLO0	LSE
484	368.50	13:58:39	00060398672TRLO0	LSE
676	368.50	13:58:39	00060398671TRLO0	LSE
615	368.50	13:58:39	00060398670TRLO0	LSE
1921	368.50	13:58:39	00060398669TRLO0	LSE
143	368.50	13:58:39	00060398668TRLO0	LSE
206	368.50	13:58:39	00060398667TRLO0	LSE
1400	368.50	13:58:39	00060398666TRLO0	LSE
444	368.50	13:58:39	00060398665TRLO0	LSE
1	368.50	13:58:41	00060398674TRLO0	LSE
7	368.50	13:58:42	00060398677TRLO0	LSE
88	368.50	13:58:42	00060398676TRLO0	LSE
591	368.50	14:03:58	00060398928TRLO0	LSE
1475	368.50	14:04:38	00060398972TRLO0	LSE
317	367.50	14:30:08	00060400011TRLO0	LSE
552	367.50	14:33:59	00060400286TRLO0	LSE
536	367.50	14:37:11	00060400443TRLO0	LSE
556	367.50	14:41:14	00060400583TRLO0	LSE
1957	371.50	14:46:33	00060400838TRLO0	LSE
2082	371.00	14:47:24	00060400868TRLO0	LSE
479	371.00	14:47:24	00060400871TRLO0	LSE
493	371.00	14:47:24	00060400870TRLO0	LSE
528	371.00	14:47:24	00060400869TRLO0	LSE
511	369.50	14:59:26	00060401238TRLO0	LSE
532	369.50	14:59:26	00060401237TRLO0	LSE
545	369.50	15:02:34	00060401347TRLO0	LSE
319	369.50	15:03:28	00060401370TRLO0	LSE
917	369.50	15:03:56	00060401387TRLO0	LSE
1167	369.50	15:03:56	00060401386TRLO0	LSE
23	369.50	15:03:56	00060401385TRLO0	LSE
447	369.50	15:05:56	00060401449TRLO0	LSE
425	369.50	15:05:56	00060401448TRLO0	LSE
468	369.50	15:05:56	00060401447TRLO0	LSE
35	369.50	15:05:56	00060401446TRLO0	LSE
181	369.50	15:05:56	00060401445TRLO0	LSE
700	369.00	15:14:32	00060401717TRLO0	LSE
700	369.00	15:14:32	00060401716TRLO0	LSE
21	369.00	15:14:32	00060401715TRLO0	LSE
367	369.00	15:15:19	00060401734TRLO0	LSE
313	369.00	15:15:19	00060401733TRLO0	LSE
559	368.50	15:40:41	00060402532TRLO0	LSE
100	370.00	15:43:10	00060402619TRLO0	LSE
135	370.00	15:43:10	00060402620TRLO0	LSE
222	370.00	15:43:10	00060402623TRLO0	LSE
373	370.00	15:43:10	00060402622TRLO0	LSE
1400	370.00	15:43:10	00060402621TRLO0	LSE
1995	369.00	15:43:59	00060402685TRLO0	LSE
518	369.50	15:51:28	00060403007TRLO0	LSE
229	371.00	15:54:53	00060403147TRLO0	LSE
23	371.00	15:54:53	00060403146TRLO0	LSE
975	371.00	15:55:43	00060403219TRLO0	LSE
2280	371.00	15:57:07	00060403294TRLO0	LSE
1335	370.50	15:58:59	00060403380TRLO0	LSE
544	370.50	15:58:59	00060403381TRLO0	LSE
2	370.50	16:19:00	00060404252TRLO0	LSE
6	370.50	16:19:10	00060404266TRLO0	LSE
561	370.50	16:21:29	00060404461TRLO0	LSE
570	370.50	16:24:17	00060404706TRLO0	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