Transaction in Own Shares

1 June 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 31 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	:  379.3438 pence per share
Highest purchase price paid	:  381.5 pence per share
Lowest purchase price paid	:  376.5 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 3,734,210 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 242,357,213, 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 31 May 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
652	380.50	08:16:30	00059215646TRLO0	LSE
1229	380.50	08:16:30	00059215647TRLO0	LSE
1349	380.00	08:20:56	00059215987TRLO0	LSE
1470	380.00	08:20:56	00059215988TRLO0	LSE
400	378.50	08:53:00	00059217494TRLO0	LSE
379	378.50	08:53:00	00059217495TRLO0	LSE
409	378.50	08:59:40	00059217733TRLO0	LSE
538	378.50	09:00:18	00059217748TRLO0	LSE
363	378.50	09:00:18	00059217749TRLO0	LSE
11	380.50	09:07:13	00059218025TRLO0	LSE
154	380.50	09:07:13	00059218026TRLO0	LSE
44	380.50	09:07:13	00059218027TRLO0	LSE
1160	380.50	09:07:13	00059218028TRLO0	LSE
2825	381.00	09:25:16	00059218541TRLO0	LSE
28	380.50	09:25:17	00059218542TRLO0	LSE
27	380.50	09:25:18	00059218543TRLO0	LSE
27	380.50	09:25:18	00059218544TRLO0	LSE
28	380.50	09:30:19	00059218655TRLO0	LSE
460	380.50	09:40:30	00059218970TRLO0	LSE
669	381.50	09:43:43	00059219022TRLO0	LSE
276	381.50	09:43:43	00059219023TRLO0	LSE
93	381.50	09:43:43	00059219024TRLO0	LSE
462	381.50	09:43:43	00059219025TRLO0	LSE
500	381.00	09:51:40	00059219206TRLO0	LSE
966	381.00	09:51:40	00059219207TRLO0	LSE
356	380.50	09:52:12	00059219225TRLO0	LSE
484	380.50	09:52:12	00059219226TRLO0	LSE
1203	380.50	09:52:12	00059219227TRLO0	LSE
369	380.50	09:52:12	00059219228TRLO0	LSE
85	379.00	10:13:13	00059219763TRLO0	LSE
1219	379.00	10:13:13	00059219764TRLO0	LSE
140	378.00	10:14:38	00059219825TRLO0	LSE
1	378.00	10:14:47	00059219843TRLO0	LSE
408	378.00	10:15:45	00059219891TRLO0	LSE
438	378.00	10:15:45	00059219892TRLO0	LSE
582	378.00	10:15:45	00059219893TRLO0	LSE
1000	377.50	10:30:10	00059220412TRLO0	LSE
177	377.50	10:30:11	00059220413TRLO0	LSE
1476	378.50	10:41:19	00059220968TRLO0	LSE
1552	378.00	11:01:13	00059221941TRLO0	LSE
1478	377.50	11:01:15	00059221945TRLO0	LSE
431	376.50	11:17:07	00059222586TRLO0	LSE
822	378.50	11:44:00	00059223226TRLO0	LSE
270	378.50	11:44:00	00059223227TRLO0	LSE
147	378.50	11:44:35	00059223239TRLO0	LSE
224	378.50	11:46:06	00059223330TRLO0	LSE
147	378.00	11:51:08	00059223482TRLO0	LSE
1316	378.00	11:51:08	00059223483TRLO0	LSE
464	378.00	12:03:06	00059223849TRLO0	LSE
132	379.00	12:16:10	00059224208TRLO0	LSE
132	379.00	12:16:20	00059224210TRLO0	LSE
1275	379.00	12:16:20	00059224211TRLO0	LSE
1412	378.50	12:21:52	00059224326TRLO0	LSE
133	378.50	12:41:30	00059224809TRLO0	LSE
1375	378.50	12:41:30	00059224810TRLO0	LSE
32	379.00	12:56:12	00059225067TRLO0	LSE
1483	379.00	12:56:12	00059225068TRLO0	LSE
500	379.00	13:08:03	00059225353TRLO0	LSE
396	379.00	13:08:03	00059225354TRLO0	LSE
278	379.00	13:08:06	00059225355TRLO0	LSE
103	379.00	13:08:06	00059225356TRLO0	LSE
119	379.00	13:08:37	00059225380TRLO0	LSE
350	379.00	13:21:59	00059225637TRLO0	LSE
29	379.00	13:22:12	00059225641TRLO0	LSE
304	379.50	13:22:49	00059225658TRLO0	LSE
424	380.00	13:28:09	00059225736TRLO0	LSE
401	380.00	13:31:46	00059225926TRLO0	LSE
1055	380.00	13:34:45	00059225988TRLO0	LSE
1000	380.00	13:40:54	00059226180TRLO0	LSE
476	380.00	13:40:54	00059226181TRLO0	LSE
657	379.50	13:41:32	00059226197TRLO0	LSE
155	380.00	13:55:51	00059226669TRLO0	LSE
546	380.00	13:55:51	00059226670TRLO0	LSE
197	380.00	13:55:51	00059226671TRLO0	LSE
451	380.00	13:55:52	00059226672TRLO0	LSE
799	379.50	13:57:31	00059226722TRLO0	LSE
1555	379.50	13:57:31	00059226723TRLO0	LSE
1395	379.00	14:06:15	00059226985TRLO0	LSE
412	379.50	14:26:59	00059227714TRLO0	LSE
455	379.50	14:27:39	00059227753TRLO0	LSE
85	379.50	14:27:42	00059227758TRLO0	LSE
1103	380.00	14:32:06	00059228030TRLO0	LSE
451	380.00	14:32:06	00059228031TRLO0	LSE
418	379.50	14:33:39	00059228194TRLO0	LSE
1193	379.50	14:33:39	00059228195TRLO0	LSE
638	379.50	14:42:15	00059229332TRLO0	LSE
500	379.50	14:42:15	00059229333TRLO0	LSE
376	379.50	14:42:15	00059229334TRLO0	LSE
800	379.50	14:47:15	00059229705TRLO0	LSE
400	379.50	14:47:15	00059229706TRLO0	LSE
62	379.00	14:47:16	00059229707TRLO0	LSE
1585	380.00	14:56:05	00059230206TRLO0	LSE
1402	379.50	14:56:18	00059230216TRLO0	LSE
1398	379.50	14:59:51	00059230334TRLO0	LSE
216	379.50	15:03:38	00059230510TRLO0	LSE
1091	379.50	15:03:38	00059230511TRLO0	LSE
400	378.50	15:16:19	00059231265TRLO0	LSE
559	378.50	15:16:19	00059231266TRLO0	LSE
500	379.50	15:23:24	00059231661TRLO0	LSE
500	379.50	15:23:24	00059231662TRLO0	LSE
552	379.50	15:23:24	00059231663TRLO0	LSE
307	380.00	15:29:19	00059231916TRLO0	LSE
2	380.00	15:29:19	00059231917TRLO0	LSE
3	380.00	15:29:19	00059231918TRLO0	LSE
246	380.00	15:29:19	00059231919TRLO0	LSE
400	380.00	15:29:19	00059231920TRLO0	LSE
84	380.00	15:29:19	00059231921TRLO0	LSE
500	379.50	15:30:14	00059231963TRLO0	LSE
500	379.50	15:30:14	00059231964TRLO0	LSE
500	379.50	15:30:14	00059231965TRLO0	LSE
53	379.50	15:30:14	00059231966TRLO0	LSE
856	379.50	15:34:53	00059232240TRLO0	LSE
745	379.50	15:34:55	00059232241TRLO0	LSE
300	379.50	15:41:15	00059232502TRLO0	LSE
247	379.50	15:41:15	00059232503TRLO0	LSE
400	379.50	15:41:15	00059232504TRLO0	LSE
99	379.50	15:41:15	00059232505TRLO0	LSE
334	379.50	15:51:20	00059233248TRLO0	LSE
961	379.50	15:51:20	00059233249TRLO0	LSE
400	379.50	15:54:05	00059233386TRLO0	LSE
92	379.50	15:55:18	00059233425TRLO0	LSE
169	379.50	15:55:18	00059233426TRLO0	LSE
254	379.50	15:55:18	00059233427TRLO0	LSE
757	379.50	15:55:18	00059233428TRLO0	LSE
385	378.50	16:05:37	00059234060TRLO0	LSE
176	378.50	16:05:54	00059234068TRLO0	LSE
1833	378.50	16:08:10	00059234220TRLO0	LSE
400	378.50	16:10:19	00059234331TRLO0	LSE
119	378.00	16:13:02	00059234460TRLO0	LSE
112	378.00	16:13:02	00059234461TRLO0	LSE
30	378.00	16:13:02	00059234462TRLO0	LSE
17	378.00	16:13:02	00059234463TRLO0	LSE
1372	378.00	16:13:07	00059234472TRLO0	LSE
147	377.50	16:15:13	00059234663TRLO0	LSE
162	377.50	16:17:05	00059234809TRLO0	LSE
53	378.50	16:20:39	00059235103TRLO0	LSE
417	378.50	16:20:39	00059235104TRLO0	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