Transaction in Own Shares

22 April 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 21 April 2022 it purchased the following number of its own shares to be held in treasury:

Class of shares	:  Ordinary shares of 50p (“shares”) 411.2731
Number of shares purchased	:  85,000
Weighted average purchase price paid	:  411.2731 pence per share
Highest purchase price paid	:  413.5 pence per share
Lowest purchase price paid	:  410 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 1,355,991 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 244,735,432, 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 21 April 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1460	411.50	08:29:47	00058368739TRLO0	LSE
1293	412.00	08:34:59	00058368930TRLO0	LSE
1433	411.50	08:34:59	00058368931TRLO0	LSE
383	411.00	08:46:02	00058369390TRLO0	LSE
1088	411.00	08:46:02	00058369391TRLO0	LSE
542	411.00	08:54:07	00058369714TRLO0	LSE
1495	411.00	08:54:07	00058369712TRLO0	LSE
746	411.00	08:54:07	00058369715TRLO0	LSE
40000	410.75	08:55:32	00058369800TRLO0	LSE
1385	411.50	09:07:10	00058370572TRLO0	LSE
499	411.00	09:28:38	00058371763TRLO0	LSE
108	411.00	09:28:38	00058371762TRLO0	LSE
500	411.00	09:28:38	00058371761TRLO0	LSE
58	411.00	09:28:38	00058371760TRLO0	LSE
75	411.00	09:28:38	00058371759TRLO0	LSE
914	410.00	09:30:47	00058371855TRLO0	LSE
470	410.00	09:30:47	00058371854TRLO0	LSE
20	410.50	09:47:58	00058372532TRLO0	LSE
264	410.50	09:47:58	00058372531TRLO0	LSE
17	410.50	09:47:58	00058372530TRLO0	LSE
89	410.50	09:47:58	00058372535TRLO0	LSE
103	410.50	09:47:58	00058372534TRLO0	LSE
582	410.50	09:47:58	00058372533TRLO0	LSE
731	410.50	09:55:53	00058372857TRLO0	LSE
1048	412.00	09:59:17	00058373008TRLO0	LSE
326	412.00	09:59:17	00058373007TRLO0	LSE
580	412.00	10:02:04	00058373197TRLO0	LSE
98	412.00	10:02:13	00058373205TRLO0	LSE
10	412.00	10:02:30	00058373220TRLO0	LSE
23	412.00	10:05:30	00058373340TRLO0	LSE
145	412.00	10:05:30	00058373339TRLO0	LSE
500	412.00	10:05:30	00058373338TRLO0	LSE
122	412.00	10:05:30	00058373337TRLO0	LSE
1347	412.50	10:13:26	00058373562TRLO0	LSE
44	411.50	10:44:50	00058374804TRLO0	LSE
250	411.50	10:44:50	00058374803TRLO0	LSE
545	411.50	10:54:20	00058375180TRLO0	LSE
653	411.50	10:54:20	00058375179TRLO0	LSE
1478	411.00	11:18:26	00058376070TRLO0	LSE
1213	412.00	12:05:15	00058377922TRLO0	LSE
1405	412.50	12:11:46	00058378191TRLO0	LSE
974	412.00	12:18:45	00058378475TRLO0	LSE
458	412.00	12:18:45	00058378474TRLO0	LSE
1328	411.50	12:18:50	00058378490TRLO0	LSE
1463	411.50	12:44:23	00058379382TRLO0	LSE
1268	413.50	13:46:21	00058382183TRLO0	LSE
1278	413.50	13:46:21	00058382182TRLO0	LSE
403	412.50	14:12:47	00058383260TRLO0	LSE
815	412.50	14:12:47	00058383259TRLO0	LSE
16	412.50	14:25:02	00058383909TRLO0	LSE
1426	412.50	14:25:02	00058383910TRLO0	LSE
1493	412.50	14:25:02	00058383911TRLO0	LSE
663	411.50	14:34:02	00058384637TRLO0	LSE
36	411.50	14:34:02	00058384636TRLO0	LSE
147	411.50	14:34:02	00058384635TRLO0	LSE
424	411.50	14:34:02	00058384634TRLO0	LSE
204	411.50	14:41:41	00058385216TRLO0	LSE
488	411.50	14:41:41	00058385215TRLO0	LSE
488	411.50	14:41:41	00058385214TRLO0	LSE
118	411.50	14:41:41	00058385213TRLO0	LSE
15	411.50	14:51:37	00058385824TRLO0	LSE
48	412.00	14:57:34	00058386519TRLO0	LSE
317	412.00	14:57:34	00058386522TRLO0	LSE
500	412.00	14:57:34	00058386521TRLO0	LSE
349	412.00	14:57:34	00058386520TRLO0	LSE
1214	412.00	15:03:07	00058386863TRLO0	LSE
36	412.00	15:04:24	00058387027TRLO0	LSE
18	412.00	15:05:49	00058387137TRLO0	LSE
18	412.00	15:07:02	00058387203TRLO0	LSE
1430	412.00	15:10:08	00058387734TRLO0	LSE
33	412.00	15:10:08	00058387733TRLO0	LSE
131	412.00	15:10:08	00058387732TRLO0	LSE
400	412.00	15:20:14	00058388927TRLO0	LSE
669	412.00	15:51:25	00058390851TRLO0	LSE
221	412.00	15:51:25	00058390850TRLO0	LSE
615	411.50	15:52:05	00058390887TRLO0	LSE
685	411.50	16:05:16	00058391866TRLO0	LSE
451	411.50	16:09:55	00058392145TRLO0	LSE
318	411.50	16:13:01	00058392334TRLO0	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