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

23 September 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 22 September 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	:  125,000
Weighted average purchase price paid	:  314.854 pence per share
Highest purchase price paid	:  316.5 pence per share
Lowest purchase price paid	:  312 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 10,642,813 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 235,448,610 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 22 September 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
389	312.50	08:24:10	00061111106TRLO0	LSE
1618	312.00	08:27:10	00061111177TRLO0	LSE
389	312.50	08:30:52	00061111308TRLO0	LSE
691	312.00	08:41:29	00061111623TRLO0	LSE
875	312.00	08:41:29	00061111624TRLO0	LSE
1	312.00	08:41:30	00061111625TRLO0	LSE
503	316.00	08:56:40	00061112356TRLO0	LSE
1091	316.00	08:56:40	00061112357TRLO0	LSE
410	316.00	09:03:30	00061112728TRLO0	LSE
1427	316.00	09:03:30	00061112729TRLO0	LSE
273	314.50	09:03:34	00061112732TRLO0	LSE
1858	315.50	09:09:43	00061113013TRLO0	LSE
358	315.00	09:10:11	00061113037TRLO0	LSE
1375	315.00	09:10:11	00061113038TRLO0	LSE
1735	315.00	09:43:44	00061114230TRLO0	LSE
1896	314.00	09:51:54	00061114572TRLO0	LSE
700	313.50	10:18:10	00061115511TRLO0	LSE
1160	313.50	10:18:10	00061115512TRLO0	LSE
1282	313.50	11:01:08	00061116989TRLO0	LSE
252	313.50	11:01:08	00061116990TRLO0	LSE
762	313.50	11:01:08	00061116991TRLO0	LSE
601	313.50	11:13:09	00061117357TRLO0	LSE
759	313.50	11:13:09	00061117358TRLO0	LSE
74	313.50	11:13:09	00061117359TRLO0	LSE
82	313.50	12:01:33	00061118947TRLO0	LSE
1288	314.00	12:09:32	00061119246TRLO0	LSE
1273	314.00	12:10:12	00061119295TRLO0	LSE
621	313.50	12:24:12	00061119646TRLO0	LSE
527	314.00	12:31:00	00061119876TRLO0	LSE
1288	314.00	12:35:00	00061119932TRLO0	LSE
991	315.00	13:32:45	00061121688TRLO0	LSE
42	315.00	13:32:45	00061121689TRLO0	LSE
966	316.00	13:42:26	00061121921TRLO0	LSE
966	316.00	13:42:48	00061121929TRLO0	LSE
1582	316.00	14:02:54	00061122567TRLO0	LSE
292	316.00	14:02:54	00061122568TRLO0	LSE
234	316.00	14:03:03	00061122581TRLO0	LSE
85	316.00	14:03:03	00061122582TRLO0	LSE
906	316.00	14:03:03	00061122583TRLO0	LSE
770	316.00	14:03:03	00061122584TRLO0	LSE
1844	316.00	14:12:42	00061122890TRLO0	LSE
1253	316.00	14:22:27	00061123210TRLO0	LSE
380	316.00	14:22:27	00061123211TRLO0	LSE
1481	316.00	14:37:26	00061123976TRLO0	LSE
443	316.00	14:37:26	00061123977TRLO0	LSE
1583	316.00	14:43:12	00061124504TRLO0	LSE
1119	315.50	14:50:00	00061125034TRLO0	LSE
499	315.50	14:50:00	00061125035TRLO0	LSE
1588	315.50	14:55:54	00061125491TRLO0	LSE
1288	315.00	15:08:35	00061126464TRLO0	LSE
1068	314.50	15:20:19	00061127698TRLO0	LSE
1073	315.50	15:32:53	00061128601TRLO0	LSE
787	315.50	15:32:53	00061128602TRLO0	LSE
506	316.50	16:03:34	00061130567TRLO0	LSE
189	316.50	16:03:34	00061130568TRLO0	LSE
1830	316.50	16:03:34	00061130569TRLO0	LSE
37	316.50	16:03:34	00061130570TRLO0	LSE
553	316.50	16:03:34	00061130571TRLO0	LSE
380	316.50	16:03:34	00061130572TRLO0	LSE
114	316.50	16:03:34	00061130573TRLO0	LSE
79	316.50	16:03:43	00061130577TRLO0	LSE
36	316.50	16:03:43	00061130578TRLO0	LSE
43	316.50	16:03:53	00061130584TRLO0	LSE
27	316.50	16:03:53	00061130585TRLO0	LSE
18	316.50	16:04:03	00061130595TRLO0	LSE
607	316.50	16:04:03	00061130596TRLO0	LSE
1788	316.00	16:04:15	00061130602TRLO0	LSE
1995	315.50	16:17:55	00061131956TRLO0	LSE
70000	314.72	16:36:13	00061133825TRLO0	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/Hannah Ratcliff    [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