Transaction in Own Shares

19 July 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 18 July 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	:  350.9763 pence per share
Highest purchase price paid	:  355 pence per share
Lowest purchase price paid	:  348.5 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 6,389,327 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 239,702,096, 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 18 July 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
2287	349.00	08:25:59	00060074722TRLO0	LSE
95	349.00	08:25:59	00060074723TRLO0	LSE
1433	349.00	08:25:59	00060074725TRLO0	LSE
700	350.00	08:35:15	00060075040TRLO0	LSE
786	350.00	08:35:15	00060075041TRLO0	LSE
700	350.00	08:37:15	00060075103TRLO0	LSE
754	350.00	08:37:15	00060075104TRLO0	LSE
1802	349.50	08:38:13	00060075117TRLO0	LSE
2180	349.00	08:46:18	00060075294TRLO0	LSE
274	348.50	10:20:05	00060078035TRLO0	LSE
290	348.50	10:41:10	00060079079TRLO0	LSE
965	349.50	10:45:43	00060079292TRLO0	LSE
514	349.50	10:45:43	00060079293TRLO0	LSE
700	349.50	10:45:43	00060079294TRLO0	LSE
2004	349.00	10:46:43	00060079318TRLO0	LSE
2017	349.00	11:22:43	00060080610TRLO0	LSE
48	348.50	11:24:09	00060080634TRLO0	LSE
700	349.50	11:58:33	00060081658TRLO0	LSE
700	349.50	11:58:33	00060081659TRLO0	LSE
905	349.50	11:58:33	00060081660TRLO0	LSE
588	350.50	11:59:32	00060081701TRLO0	LSE
8	351.00	11:59:32	00060081702TRLO0	LSE
1243	351.00	11:59:42	00060081705TRLO0	LSE
689	351.00	12:02:15	00060081811TRLO0	LSE
817	351.00	12:16:30	00060082247TRLO0	LSE
712	351.00	12:16:35	00060082248TRLO0	LSE
2775	351.00	12:51:50	00060083084TRLO0	LSE
1755	351.00	12:51:50	00060083085TRLO0	LSE
497	351.00	12:51:50	00060083086TRLO0	LSE
1354	351.00	12:51:50	00060083087TRLO0	LSE
2177	351.00	12:51:50	00060083088TRLO0	LSE
700	351.00	12:51:50	00060083089TRLO0	LSE
531	351.00	12:51:50	00060083090TRLO0	LSE
921	351.00	12:51:50	00060083091TRLO0	LSE
2179	349.50	13:14:55	00060083699TRLO0	LSE
1933	350.00	13:30:02	00060084012TRLO0	LSE
335	349.50	13:30:12	00060084013TRLO0	LSE
1454	349.50	13:30:30	00060084019TRLO0	LSE
11	350.00	14:13:46	00060085407TRLO0	LSE
1837	350.00	14:13:46	00060085408TRLO0	LSE
112	350.00	14:19:00	00060085605TRLO0	LSE
700	350.00	14:19:00	00060085606TRLO0	LSE
700	350.00	14:19:00	00060085607TRLO0	LSE
54	350.00	14:19:00	00060085608TRLO0	LSE
657	349.50	14:25:02	00060085811TRLO0	LSE
690	349.50	14:25:02	00060085812TRLO0	LSE
700	349.50	14:25:02	00060085813TRLO0	LSE
350	349.50	14:25:02	00060085814TRLO0	LSE
1766	351.00	14:39:17	00060086816TRLO0	LSE
108	351.00	14:40:00	00060086861TRLO0	LSE
2051	351.00	14:48:00	00060087268TRLO0	LSE
111	351.00	14:51:00	00060087461TRLO0	LSE
700	351.00	14:51:00	00060087462TRLO0	LSE
1257	351.00	15:00:26	00060087916TRLO0	LSE
848	351.00	15:00:45	00060087931TRLO0	LSE
1868	351.00	15:00:45	00060087932TRLO0	LSE
256	350.50	15:00:52	00060087947TRLO0	LSE
626	351.00	15:11:17	00060088509TRLO0	LSE
693	351.00	15:11:17	00060088510TRLO0	LSE
660	351.00	15:11:17	00060088511TRLO0	LSE
40	351.00	15:11:17	00060088512TRLO0	LSE
700	351.00	15:11:17	00060088513TRLO0	LSE
700	351.00	15:11:17	00060088514TRLO0	LSE
594	351.00	15:11:17	00060088515TRLO0	LSE
415	353.00	15:30:02	00060089370TRLO0	LSE
1512	353.00	15:30:02	00060089371TRLO0	LSE
1780	353.00	15:30:02	00060089372TRLO0	LSE
1409	353.50	15:41:26	00060089849TRLO0	LSE
516	353.50	15:41:26	00060089850TRLO0	LSE
700	353.50	15:41:37	00060089855TRLO0	LSE
1129	353.50	15:41:37	00060089856TRLO0	LSE
61	355.00	15:55:46	00060090664TRLO0	LSE
700	355.00	15:55:46	00060090665TRLO0	LSE
112	355.00	15:55:46	00060090666TRLO0	LSE
1051	355.00	15:55:46	00060090667TRLO0	LSE
30	355.00	15:56:46	00060090718TRLO0	LSE
700	355.00	15:56:46	00060090719TRLO0	LSE
1086	355.00	15:56:46	00060090720TRLO0	LSE
1268	354.50	16:04:10	00060091204TRLO0	LSE
634	354.50	16:04:10	00060091205TRLO0	LSE
80	354.50	16:04:10	00060091206TRLO0	LSE
700	354.50	16:12:51	00060091693TRLO0	LSE
42	354.50	16:12:51	00060091694TRLO0	LSE
105	354.50	16:12:51	00060091695TRLO0	LSE
700	354.50	16:12:51	00060091696TRLO0	LSE
105	354.50	16:20:14	00060092094TRLO0	LSE
854	354.50	16:20:15	00060092095TRLO0	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