Transaction in Own Shares

26 May 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 25 May 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	:  75,000
Weighted average purchase price paid	:  363.8092 pence per share
Highest purchase price paid	:  369 pence per share
Lowest purchase price paid	:  360 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 3,443,826 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 242,647,597, 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 25 May 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
321	369.00	08:29:16	00059109674TRLO0	LSE
4	369.00	08:29:16	00059109675TRLO0	LSE
272	368.50	08:31:32	00059109842TRLO0	LSE
500	368.50	08:31:32	00059109843TRLO0	LSE
581	368.50	08:31:32	00059109844TRLO0	LSE
357	368.00	08:31:38	00059109855TRLO0	LSE
484	368.00	08:31:38	00059109856TRLO0	LSE
391	368.00	08:31:38	00059109857TRLO0	LSE
149	368.00	08:31:40	00059109864TRLO0	LSE
6	368.00	08:31:40	00059109865TRLO0	LSE
402	368.00	08:31:40	00059109866TRLO0	LSE
1205	368.00	08:32:23	00059109903TRLO0	LSE
1622	368.00	08:32:23	00059109904TRLO0	LSE
1325	367.50	08:37:04	00059110192TRLO0	LSE
242	366.50	08:47:44	00059110871TRLO0	LSE
1000	366.50	08:47:44	00059110872TRLO0	LSE
273	366.50	08:47:44	00059110873TRLO0	LSE
400	366.50	08:49:44	00059111026TRLO0	LSE
561	366.50	08:49:44	00059111027TRLO0	LSE
271	366.50	08:49:44	00059111028TRLO0	LSE
1320	366.00	09:08:26	00059111960TRLO0	LSE
1626	365.50	09:10:04	00059112118TRLO0	LSE
464	365.00	09:42:34	00059113689TRLO0	LSE
777	365.00	09:46:18	00059113848TRLO0	LSE
88	365.00	09:55:31	00059114275TRLO0	LSE
93	365.00	09:55:31	00059114276TRLO0	LSE
1476	365.00	09:55:31	00059114277TRLO0	LSE
1421	364.00	10:04:43	00059114896TRLO0	LSE
1484	364.00	10:22:26	00059115814TRLO0	LSE
209	362.50	10:43:49	00059116475TRLO0	LSE
691	362.50	10:47:15	00059116550TRLO0	LSE
258	362.50	10:47:15	00059116551TRLO0	LSE
152	362.50	10:49:11	00059116639TRLO0	LSE
187	362.50	10:54:34	00059116756TRLO0	LSE
369	362.50	10:58:24	00059116871TRLO0	LSE
477	362.50	11:02:25	00059116992TRLO0	LSE
285	362.50	11:09:47	00059117205TRLO0	LSE
197	362.50	11:21:17	00059117555TRLO0	LSE
274	362.50	11:21:17	00059117556TRLO0	LSE
673	362.50	11:21:17	00059117557TRLO0	LSE
482	362.50	11:31:35	00059117901TRLO0	LSE
52	362.50	11:31:35	00059117902TRLO0	LSE
131	362.50	11:32:24	00059117931TRLO0	LSE
1490	361.50	11:51:06	00059118667TRLO0	LSE
658	361.50	12:00:13	00059119076TRLO0	LSE
422	361.50	12:01:08	00059119109TRLO0	LSE
325	361.50	12:01:08	00059119110TRLO0	LSE
499	361.00	12:28:30	00059120121TRLO0	LSE
979	361.00	12:28:30	00059120122TRLO0	LSE
660	360.50	12:40:40	00059120492TRLO0	LSE
606	361.00	12:54:07	00059121209TRLO0	LSE
507	361.50	12:57:17	00059121281TRLO0	LSE
308	361.50	12:57:17	00059121282TRLO0	LSE
445	361.50	12:57:17	00059121283TRLO0	LSE
611	361.50	12:57:17	00059121284TRLO0	LSE
960	361.00	13:00:10	00059121367TRLO0	LSE
381	361.00	13:00:10	00059121368TRLO0	LSE
1452	360.50	13:26:53	00059122316TRLO0	LSE
1752	360.00	13:29:59	00059122431TRLO0	LSE
470	360.00	14:04:08	00059123873TRLO0	LSE
437	360.00	14:14:59	00059124378TRLO0	LSE
686	360.00	14:15:24	00059124403TRLO0	LSE
1426	360.00	14:15:24	00059124404TRLO0	LSE
15	360.00	14:15:24	00059124405TRLO0	LSE
477	360.00	14:25:44	00059124800TRLO0	LSE
969	360.50	14:30:03	00059125006TRLO0	LSE
502	360.50	14:30:03	00059125008TRLO0	LSE
400	361.50	14:30:47	00059125195TRLO0	LSE
210	362.00	14:31:48	00059125280TRLO0	LSE
484	362.00	14:31:48	00059125281TRLO0	LSE
268	362.00	14:31:48	00059125282TRLO0	LSE
500	361.50	14:31:48	00059125283TRLO0	LSE
1014	361.50	14:31:48	00059125284TRLO0	LSE
50	361.50	14:41:17	00059126062TRLO0	LSE
213	362.50	14:45:30	00059126557TRLO0	LSE
2500	363.00	14:45:42	00059126635TRLO0	LSE
94	363.00	14:45:42	00059126636TRLO0	LSE
268	363.00	14:46:28	00059126691TRLO0	LSE
487	363.00	14:46:28	00059126692TRLO0	LSE
619	363.00	14:46:38	00059126697TRLO0	LSE
262	363.00	14:46:38	00059126698TRLO0	LSE
612	363.00	14:47:28	00059126800TRLO0	LSE
569	363.00	14:47:28	00059126801TRLO0	LSE
474	363.00	14:48:44	00059126890TRLO0	LSE
576	363.00	14:48:44	00059126891TRLO0	LSE
366	362.50	14:49:22	00059126995TRLO0	LSE
1023	362.50	14:49:22	00059126996TRLO0	LSE
465	362.00	15:05:26	00059128370TRLO0	LSE
29	362.00	15:05:26	00059128371TRLO0	LSE
501	363.50	15:09:27	00059128625TRLO0	LSE
500	363.50	15:09:27	00059128626TRLO0	LSE
838	363.50	15:09:27	00059128627TRLO0	LSE
6	363.50	15:11:48	00059128736TRLO0	LSE
258	363.50	15:11:48	00059128737TRLO0	LSE
770	363.50	15:11:48	00059128738TRLO0	LSE
1438	363.00	15:11:48	00059128739TRLO0	LSE
172	363.00	15:11:48	00059128740TRLO0	LSE
261	363.50	15:18:38	00059129396TRLO0	LSE
746	363.50	15:18:38	00059129397TRLO0	LSE
600	363.50	15:20:38	00059129628TRLO0	LSE
266	363.50	15:20:38	00059129629TRLO0	LSE
433	364.00	15:25:08	00059129954TRLO0	LSE
253	364.00	15:25:08	00059129955TRLO0	LSE
1101	365.50	15:35:50	00059131361TRLO0	LSE
1000	365.50	15:37:50	00059131520TRLO0	LSE
343	365.50	15:37:50	00059131521TRLO0	LSE
429	365.50	15:39:29	00059131597TRLO0	LSE
1176	365.50	15:39:29	00059131598TRLO0	LSE
95	365.50	15:39:29	00059131599TRLO0	LSE
544	365.50	15:39:29	00059131600TRLO0	LSE
544	365.50	15:40:29	00059131673TRLO0	LSE
276	365.50	15:40:29	00059131674TRLO0	LSE
554	365.00	15:42:29	00059131795TRLO0	LSE
471	365.00	15:42:29	00059131796TRLO0	LSE
500	365.00	15:42:29	00059131797TRLO0	LSE
48	365.00	15:42:29	00059131798TRLO0	LSE
400	365.00	15:50:38	00059132291TRLO0	LSE
665	365.00	15:50:38	00059132292TRLO0	LSE
301	365.00	15:50:38	00059132293TRLO0	LSE
1572	365.00	16:01:26	00059132977TRLO0	LSE
104	365.50	16:09:47	00059133544TRLO0	LSE
253	365.50	16:09:47	00059133545TRLO0	LSE
978	365.50	16:09:47	00059133546TRLO0	LSE
464	365.50	16:09:47	00059133547TRLO0	LSE
938	365.50	16:09:50	00059133554TRLO0	LSE
631	366.00	16:13:58	00059133867TRLO0	LSE
277	366.00	16:13:58	00059133868TRLO0	LSE
652	366.00	16:15:58	00059134042TRLO0	LSE
4	366.00	16:15:58	00059134043TRLO0	LSE
734	366.00	16:15:58	00059134044TRLO0	LSE
630	366.00	16:18:58	00059134373TRLO0	LSE
202	366.00	16:18:58	00059134374TRLO0	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