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

9 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 8 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	:  60,000
Weighted average purchase price paid	:  374.6974 pence per share
Highest purchase price paid	:  377 pence per share
Lowest purchase price paid	:  372 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 7,424,310 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 238,667,113, 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 8 August 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
343	373.50	08:38:30	00060432215TRLO0	LSE
1787	373.50	08:38:30	00060432216TRLO0	LSE
895	374.00	09:09:40	00060432622TRLO0	LSE
1134	374.00	09:09:40	00060432623TRLO0	LSE
1444	373.50	09:14:07	00060432715TRLO0	LSE
768	373.50	09:14:07	00060432716TRLO0	LSE
155	373.00	09:50:25	00060433581TRLO0	LSE
261	373.00	09:50:25	00060433582TRLO0	LSE
248	373.00	10:03:25	00060433908TRLO0	LSE
539	373.00	10:07:19	00060434028TRLO0	LSE
700	373.00	10:24:23	00060434379TRLO0	LSE
120	373.00	10:24:23	00060434380TRLO0	LSE
77	372.50	10:59:28	00060435016TRLO0	LSE
561	372.50	11:30:55	00060435532TRLO0	LSE
506	372.50	11:45:13	00060435818TRLO0	LSE
142	372.50	11:56:47	00060436020TRLO0	LSE
232	372.50	11:59:42	00060436072TRLO0	LSE
457	372.50	12:12:07	00060436315TRLO0	LSE
197	372.50	12:59:34	00060437387TRLO0	LSE
529	372.50	13:14:34	00060437681TRLO0	LSE
120	372.50	13:15:05	00060437723TRLO0	LSE
73	372.50	13:15:29	00060437733TRLO0	LSE
1532	372.50	13:24:30	00060438003TRLO0	LSE
123	372.50	13:24:30	00060438004TRLO0	LSE
530	372.50	13:25:52	00060438077TRLO0	LSE
767	372.50	13:26:27	00060438090TRLO0	LSE
753	372.50	13:26:27	00060438091TRLO0	LSE
255	372.00	14:16:52	00060439567TRLO0	LSE
554	372.00	14:18:49	00060439628TRLO0	LSE
564	372.00	14:30:22	00060440136TRLO0	LSE
566	372.00	14:34:28	00060440588TRLO0	LSE
463	373.00	14:35:04	00060440620TRLO0	LSE
614	373.00	14:35:04	00060440621TRLO0	LSE
466	373.00	14:35:04	00060440622TRLO0	LSE
223	373.00	14:35:04	00060440623TRLO0	LSE
2800	373.00	14:35:04	00060440624TRLO0	LSE
700	373.00	14:35:04	00060440625TRLO0	LSE
4000	373.00	14:35:04	00060440626TRLO0	LSE
1400	373.00	14:35:04	00060440627TRLO0	LSE
700	373.00	14:35:04	00060440628TRLO0	LSE
664	373.50	14:55:12	00060441710TRLO0	LSE
487	373.50	14:55:12	00060441711TRLO0	LSE
572	373.50	14:55:12	00060441712TRLO0	LSE
160	373.50	14:55:12	00060441713TRLO0	LSE
620	374.50	15:05:53	00060442161TRLO0	LSE
4	377.00	15:11:21	00060442528TRLO0	LSE
3700	377.00	15:11:22	00060442529TRLO0	LSE
3890	377.00	15:11:22	00060442530TRLO0	LSE
2210	376.50	15:12:33	00060442556TRLO0	LSE
599	376.50	15:16:23	00060442741TRLO0	LSE
599	376.50	15:16:23	00060442742TRLO0	LSE
1028	376.50	15:16:23	00060442743TRLO0	LSE
680	376.50	15:16:23	00060442744TRLO0	LSE
375	376.50	15:16:23	00060442745TRLO0	LSE
208	376.50	15:28:23	00060443345TRLO0	LSE
756	376.50	15:28:23	00060443346TRLO0	LSE
976	376.50	15:28:23	00060443347TRLO0	LSE
499	376.50	15:28:23	00060443348TRLO0	LSE
270	376.00	15:42:31	00060443906TRLO0	LSE
1810	376.00	15:46:05	00060444101TRLO0	LSE
1964	376.00	15:46:05	00060444102TRLO0	LSE
2312	375.50	15:48:48	00060444201TRLO0	LSE
433	375.00	16:00:40	00060444610TRLO0	LSE
920	376.50	16:16:03	00060445322TRLO0	LSE
1088	376.50	16:16:03	00060445323TRLO0	LSE
1712	376.50	16:16:03	00060445324TRLO0	LSE
289	376.50	16:16:03	00060445325TRLO0	LSE
1041	376.50	16:16:03	00060445326TRLO0	LSE
396	376.50	16:16:03	00060445327TRLO0	LSE
530	376.50	16:16:03	00060445328TRLO0	LSE
465	376.50	16:16:04	00060445329TRLO0	LSE
116	376.50	16:16:04	00060445330TRLO0	LSE
213	376.50	16:16:04	00060445331TRLO0	LSE
116	376.50	16:16:04	00060445332TRLO0	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