Transaction in Own Shares

31 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 30 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	:  379.9927 pence per share
Highest purchase price paid	:  381.5 pence per share
Lowest purchase price paid	:  377 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 3,659,210 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 242,432,213, 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 30 May 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
323	381.00	08:26:52	00059194203TRLO0	LSE
1000	381.00	08:54:27	00059195201TRLO0	LSE
365	381.00	08:56:18	00059195247TRLO0	LSE
1565	380.50	09:16:15	00059195894TRLO0	LSE
1354	380.50	09:16:15	00059195893TRLO0	LSE
102	380.50	09:16:15	00059195898TRLO0	LSE
490	380.50	09:16:15	00059195897TRLO0	LSE
400	380.50	09:16:15	00059195896TRLO0	LSE
927	380.50	09:16:15	00059195895TRLO0	LSE
1102	381.00	09:28:58	00059196462TRLO0	LSE
595	381.00	09:29:07	00059196466TRLO0	LSE
204	380.50	09:29:29	00059196484TRLO0	LSE
667	380.50	09:29:29	00059196487TRLO0	LSE
500	380.50	09:29:29	00059196486TRLO0	LSE
238	380.50	09:29:29	00059196485TRLO0	LSE
1225	381.00	09:36:29	00059196716TRLO0	LSE
1318	380.50	09:39:48	00059196929TRLO0	LSE
1593	380.00	09:39:50	00059196930TRLO0	LSE
221	379.50	09:44:02	00059197119TRLO0	LSE
500	379.50	09:44:02	00059197118TRLO0	LSE
119	379.50	09:44:02	00059197117TRLO0	LSE
500	379.50	09:44:02	00059197116TRLO0	LSE
371	379.50	09:44:02	00059197115TRLO0	LSE
191	380.00	09:44:02	00059197121TRLO0	LSE
2144	380.00	09:44:02	00059197120TRLO0	LSE
225	380.00	10:02:00	00059197822TRLO0	LSE
495	380.00	10:02:00	00059197821TRLO0	LSE
495	380.00	10:02:00	00059197820TRLO0	LSE
275	380.00	10:02:00	00059197819TRLO0	LSE
930	379.00	10:22:27	00059198700TRLO0	LSE
500	379.00	10:22:27	00059198699TRLO0	LSE
60	379.00	10:22:27	00059198701TRLO0	LSE
1312	379.00	10:41:58	00059199371TRLO0	LSE
67	379.00	10:55:58	00059199694TRLO0	LSE
386	379.00	10:55:58	00059199693TRLO0	LSE
29	379.00	10:55:58	00059199692TRLO0	LSE
1354	379.00	11:02:26	00059199852TRLO0	LSE
436	378.50	11:02:28	00059199854TRLO0	LSE
1132	378.50	11:02:28	00059199853TRLO0	LSE
322	377.50	11:41:49	00059200754TRLO0	LSE
500	377.50	11:41:49	00059200751TRLO0	LSE
500	377.50	11:41:49	00059200750TRLO0	LSE
102	377.50	11:41:49	00059200749TRLO0	LSE
1584	377.00	11:48:39	00059200915TRLO0	LSE
433	377.50	12:18:02	00059201802TRLO0	LSE
504	377.50	12:18:02	00059201801TRLO0	LSE
406	377.50	12:18:02	00059201800TRLO0	LSE
1502	377.00	12:49:02	00059202805TRLO0	LSE
147	379.50	13:43:26	00059204803TRLO0	LSE
500	379.50	13:44:18	00059204825TRLO0	LSE
1000	379.50	13:44:18	00059204824TRLO0	LSE
1000	379.50	13:44:18	00059204823TRLO0	LSE
992	379.50	13:44:18	00059204826TRLO0	LSE
205	380.00	13:44:18	00059204827TRLO0	LSE
2058	380.00	13:44:18	00059204828TRLO0	LSE
1372	380.00	13:44:18	00059204829TRLO0	LSE
501	380.00	13:53:42	00059205043TRLO0	LSE
890	380.00	13:53:42	00059205042TRLO0	LSE
1488	380.00	14:08:48	00059205537TRLO0	LSE
1551	380.00	14:08:48	00059205536TRLO0	LSE
645	380.00	14:08:48	00059205540TRLO0	LSE
400	380.00	14:08:48	00059205539TRLO0	LSE
336	379.50	14:32:51	00059206854TRLO0	LSE
500	379.50	14:32:51	00059206853TRLO0	LSE
575	379.50	14:32:51	00059206852TRLO0	LSE
253	379.50	14:32:51	00059206851TRLO0	LSE
1200	379.50	14:32:51	00059206850TRLO0	LSE
400	379.50	14:32:51	00059206856TRLO0	LSE
455	379.50	14:32:51	00059206855TRLO0	LSE
232	379.00	14:50:57	00059207774TRLO0	LSE
455	379.00	15:01:51	00059208385TRLO0	LSE
461	379.00	15:10:27	00059208729TRLO0	LSE
275	379.00	15:19:03	00059209134TRLO0	LSE
704	380.50	15:43:03	00059210330TRLO0	LSE
313	380.50	15:43:03	00059210331TRLO0	LSE
570	380.50	15:43:03	00059210332TRLO0	LSE
469	380.50	15:43:03	00059210334TRLO0	LSE
72	380.50	15:43:03	00059210335TRLO0	LSE
872	380.50	15:43:09	00059210349TRLO0	LSE
758	380.50	15:43:09	00059210348TRLO0	LSE
120	380.50	15:43:09	00059210347TRLO0	LSE
2806	380.50	15:43:09	00059210346TRLO0	LSE
500	380.50	15:43:09	00059210351TRLO0	LSE
500	380.50	15:43:09	00059210350TRLO0	LSE
469	381.00	15:43:09	00059210352TRLO0	LSE
1243	381.00	15:43:09	00059210353TRLO0	LSE
400	381.00	15:43:09	00059210354TRLO0	LSE
400	381.00	15:43:09	00059210355TRLO0	LSE
226	381.00	15:43:09	00059210356TRLO0	LSE
400	381.00	15:43:09	00059210358TRLO0	LSE
413	381.00	15:43:09	00059210359TRLO0	LSE
400	381.00	15:43:09	00059210362TRLO0	LSE
413	381.00	15:43:09	00059210363TRLO0	LSE
287	379.50	15:43:14	00059210373TRLO0	LSE
100	381.00	15:53:11	00059210960TRLO0	LSE
3435	381.00	15:53:11	00059210961TRLO0	LSE
1525	381.00	15:53:11	00059210962TRLO0	LSE
1293	380.50	15:55:30	00059211198TRLO0	LSE
124	380.50	15:55:30	00059211199TRLO0	LSE
1526	380.50	15:56:51	00059211271TRLO0	LSE
215	381.00	16:02:18	00059211857TRLO0	LSE
531	381.00	16:02:18	00059211858TRLO0	LSE
263	381.00	16:02:18	00059211859TRLO0	LSE
49	381.00	16:02:18	00059211860TRLO0	LSE
400	381.00	16:02:18	00059211861TRLO0	LSE
400	381.00	16:10:29	00059212540TRLO0	LSE
526	381.00	16:10:29	00059212541TRLO0	LSE
400	381.00	16:10:29	00059212542TRLO0	LSE
400	381.00	16:13:37	00059212817TRLO0	LSE
1457	381.00	16:14:38	00059212922TRLO0	LSE
400	381.50	16:20:24	00059213553TRLO0	LSE
167	381.50	16:20:24	00059213554TRLO0	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