Transaction in Own Shares

18 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 15 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	:  32,881
Weighted average purchase price paid	:  342.8492 pence per share
Highest purchase price paid	:  345 pence per share
Lowest purchase price paid	:  338 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 6,314,327 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 239,777,096, 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 15 July 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
436	338.00	08:19:37	00060053744TRLO0	LSE
1804	341.00	08:48:48	00060055333TRLO0	LSE
185	341.00	08:48:48	00060055334TRLO0	LSE
700	341.00	08:48:48	00060055335TRLO0	LSE
1133	341.00	08:48:48	00060055336TRLO0	LSE
370	341.00	08:53:08	00060055523TRLO0	LSE
1437	341.00	08:53:08	00060055524TRLO0	LSE
254	341.00	09:01:10	00060055852TRLO0	LSE
425	341.00	09:01:10	00060055853TRLO0	LSE
1071	341.00	09:01:10	00060055854TRLO0	LSE
100	342.50	10:00:03	00060057656TRLO0	LSE
1400	342.50	10:00:03	00060057657TRLO0	LSE
470	342.50	10:00:03	00060057658TRLO0	LSE
64	342.50	10:16:48	00060058136TRLO0	LSE
877	342.50	10:16:48	00060058137TRLO0	LSE
700	342.50	10:16:48	00060058138TRLO0	LSE
300	342.50	10:16:48	00060058139TRLO0	LSE
600	341.50	10:16:49	00060058140TRLO0	LSE
1901	342.00	10:50:20	00060059005TRLO0	LSE
201	342.50	12:10:48	00060061731TRLO0	LSE
133	342.50	12:10:48	00060061732TRLO0	LSE
1446	342.00	12:10:48	00060061733TRLO0	LSE
450	342.00	12:10:48	00060061734TRLO0	LSE
1046	342.50	12:40:37	00060062725TRLO0	LSE
1070	342.50	12:40:37	00060062726TRLO0	LSE
1377	344.00	13:15:19	00060063561TRLO0	LSE
600	344.00	13:15:19	00060063562TRLO0	LSE
64	344.00	13:15:19	00060063563TRLO0	LSE
35	344.00	13:15:19	00060063564TRLO0	LSE
1309	344.00	13:16:46	00060063594TRLO0	LSE
570	344.00	13:16:46	00060063595TRLO0	LSE
1795	344.00	13:24:10	00060063795TRLO0	LSE
600	345.00	13:29:06	00060063981TRLO0	LSE
1375	344.50	13:30:03	00060064014TRLO0	LSE
657	344.50	13:30:03	00060064017TRLO0	LSE
600	344.50	13:30:03	00060064018TRLO0	LSE
1359	344.50	13:30:03	00060064019TRLO0	LSE
2024	344.50	13:43:03	00060064546TRLO0	LSE
447	345.00	14:11:43	00060065630TRLO0	LSE
1400	345.00	14:11:43	00060065631TRLO0	LSE
96	345.00	14:11:43	00060065632TRLO0	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