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

8 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 5 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	:  80,000
Weighted average purchase price paid	:  373.8043 pence per share
Highest purchase price paid	:  375.5 pence per share
Lowest purchase price paid	:  371 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 7,364,310 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 238,727,113, 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 5 August 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
2069	374.50	08:20:38	00060407528TRLO0	LSE
2017	374.00	08:37:56	00060408027TRLO0	LSE
2070	373.50	08:37:56	00060408028TRLO0	LSE
532	373.50	09:34:06	00060409878TRLO0	LSE
1297	373.50	09:34:06	00060409879TRLO0	LSE
1588	373.00	09:42:10	00060410213TRLO0	LSE
352	373.00	09:42:10	00060410212TRLO0	LSE
1632	372.50	10:39:03	00060412963TRLO0	LSE
546	372.50	10:39:03	00060412962TRLO0	LSE
129	372.50	11:22:59	00060414381TRLO0	LSE
881	374.50	11:45:02	00060415067TRLO0	LSE
1053	374.50	11:45:02	00060415066TRLO0	LSE
1047	374.50	11:45:02	00060415065TRLO0	LSE
2800	374.50	11:45:02	00060415064TRLO0	LSE
139	375.00	11:56:11	00060415388TRLO0	LSE
389	375.00	11:56:11	00060415387TRLO0	LSE
1979	375.00	11:56:52	00060415400TRLO0	LSE
1220	374.50	12:02:51	00060415533TRLO0	LSE
599	374.50	12:02:51	00060415532TRLO0	LSE
1388	375.00	12:02:51	00060415535TRLO0	LSE
484	375.00	12:02:51	00060415534TRLO0	LSE
2224	374.00	12:02:52	00060415537TRLO0	LSE
330	374.50	13:04:11	00060417019TRLO0	LSE
141	374.50	13:04:11	00060417018TRLO0	LSE
1900	374.50	13:04:11	00060417021TRLO0	LSE
146	374.50	13:04:11	00060417020TRLO0	LSE
330	374.50	13:04:11	00060417023TRLO0	LSE
141	374.50	13:04:11	00060417022TRLO0	LSE
254	374.50	13:04:11	00060417025TRLO0	LSE
109	374.50	13:04:11	00060417024TRLO0	LSE
77	374.50	13:04:21	00060417034TRLO0	LSE
109	374.50	13:04:31	00060417035TRLO0	LSE
109	374.50	13:04:41	00060417036TRLO0	LSE
109	374.50	13:04:51	00060417041TRLO0	LSE
109	374.50	13:05:01	00060417044TRLO0	LSE
109	374.50	13:05:11	00060417048TRLO0	LSE
109	374.50	13:05:21	00060417050TRLO0	LSE
109	374.50	13:05:31	00060417061TRLO0	LSE
109	374.50	13:05:41	00060417063TRLO0	LSE
109	374.50	13:05:51	00060417067TRLO0	LSE
109	374.50	13:06:01	00060417069TRLO0	LSE
109	374.50	13:06:11	00060417070TRLO0	LSE
109	374.50	13:06:21	00060417072TRLO0	LSE
2196	374.00	13:18:23	00060417383TRLO0	LSE
2165	373.00	13:25:19	00060417700TRLO0	LSE
1942	372.50	13:30:41	00060418099TRLO0	LSE
906	372.00	13:32:26	00060418307TRLO0	LSE
1916	372.00	13:56:05	00060419898TRLO0	LSE
1109	372.00	13:56:05	00060419897TRLO0	LSE
1930	371.50	13:57:33	00060420079TRLO0	LSE
2120	371.00	14:18:24	00060420888TRLO0	LSE
551	371.50	14:34:47	00060422519TRLO0	LSE
655	371.50	14:34:47	00060422520TRLO0	LSE
553	371.50	14:38:08	00060422733TRLO0	LSE
1489	372.00	14:39:08	00060422784TRLO0	LSE
589	372.00	14:39:08	00060422783TRLO0	LSE
1884	372.00	14:47:08	00060423277TRLO0	LSE
187	371.50	14:47:10	00060423278TRLO0	LSE
456	372.00	15:00:24	00060424115TRLO0	LSE
314	372.50	15:03:16	00060424324TRLO0	LSE
39	372.50	15:03:16	00060424323TRLO0	LSE
6	372.50	15:03:16	00060424322TRLO0	LSE
748	372.50	15:03:16	00060424325TRLO0	LSE
3	372.50	15:03:16	00060424326TRLO0	LSE
506	373.00	15:04:32	00060424380TRLO0	LSE
700	373.00	15:04:32	00060424379TRLO0	LSE
700	373.00	15:04:32	00060424378TRLO0	LSE
143	375.50	15:14:08	00060425150TRLO0	LSE
4077	375.50	15:15:23	00060425262TRLO0	LSE
421	375.50	15:16:11	00060425406TRLO0	LSE
36	375.50	15:16:11	00060425405TRLO0	LSE
4	375.50	15:16:11	00060425404TRLO0	LSE
1864	375.50	15:17:16	00060425458TRLO0	LSE
480	375.50	15:18:41	00060425542TRLO0	LSE
30	375.50	15:18:41	00060425541TRLO0	LSE
5	375.00	15:19:42	00060425582TRLO0	LSE
1661	375.00	15:19:42	00060425584TRLO0	LSE
198	375.00	15:19:42	00060425583TRLO0	LSE
882	375.00	15:30:45	00060426329TRLO0	LSE
1178	375.00	15:30:45	00060426328TRLO0	LSE
2197	375.00	15:30:45	00060426327TRLO0	LSE
539	375.00	15:38:47	00060426907TRLO0	LSE
477	375.00	15:38:47	00060426906TRLO0	LSE
410	375.00	15:38:47	00060426905TRLO0	LSE
70	375.00	15:38:47	00060426904TRLO0	LSE
1646	374.50	15:54:11	00060427874TRLO0	LSE
532	374.50	15:54:11	00060427873TRLO0	LSE
8	374.50	15:59:16	00060428197TRLO0	LSE
1936	374.50	15:59:30	00060428220TRLO0	LSE
2179	374.00	15:59:36	00060428239TRLO0	LSE
593	374.00	16:10:30	00060429240TRLO0	LSE
284	374.50	16:12:17	00060429341TRLO0	LSE
488	374.50	16:13:17	00060429472TRLO0	LSE
1231	374.50	16:13:17	00060429473TRLO0	LSE
3	374.50	16:13:17	00060429474TRLO0	LSE
103	374.50	16:13:17	00060429475TRLO0	LSE
285	374.50	16:13:31	00060429491TRLO0	LSE
103	374.50	16:13:31	00060429490TRLO0	LSE
763	374.00	16:15:02	00060429626TRLO0	LSE
339	374.00	16:15:02	00060429625TRLO0	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