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

31 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 30 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	:  80,000
Weighted average purchase price paid	:  350.4939 pence per share
Highest purchase price paid	:  353.5 pence per share
Lowest purchase price paid	:  345.5 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 8,990,984 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 237,100,439, 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 August 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
234	348.00	08:23:30	00060736990TRLO0	LSE
1585	348.00	08:23:30	00060736991TRLO0	LSE
1790	348.00	08:23:30	00060736992TRLO0	LSE
1768	347.00	08:23:30	00060736993TRLO0	LSE
449	347.00	08:30:00	00060737356TRLO0	LSE
1635	350.50	08:51:37	00060738138TRLO0	LSE
1574	352.50	09:03:50	00060738565TRLO0	LSE
1825	352.00	09:05:37	00060738653TRLO0	LSE
1593	352.00	09:05:37	00060738654TRLO0	LSE
884	351.50	09:05:48	00060738670TRLO0	LSE
1181	351.50	09:05:48	00060738671TRLO0	LSE
130	351.50	09:47:10	00060740451TRLO0	LSE
1736	352.00	09:47:10	00060740452TRLO0	LSE
1880	352.00	09:48:10	00060740479TRLO0	LSE
562	352.00	09:48:10	00060740480TRLO0	LSE
2000	352.00	09:52:40	00060740583TRLO0	LSE
1495	352.00	09:52:40	00060740585TRLO0	LSE
1903	352.00	09:53:19	00060740622TRLO0	LSE
1963	352.00	09:53:19	00060740640TRLO0	LSE
252	352.00	09:53:19	00060740641TRLO0	LSE
136	352.00	09:53:19	00060740642TRLO0	LSE
1846	352.50	10:03:26	00060740925TRLO0	LSE
1591	353.50	10:29:55	00060741761TRLO0	LSE
313	353.50	10:29:55	00060741762TRLO0	LSE
1830	353.50	10:40:11	00060742113TRLO0	LSE
1531	353.00	10:40:27	00060742119TRLO0	LSE
389	352.50	10:40:54	00060742126TRLO0	LSE
1364	352.50	10:51:06	00060742436TRLO0	LSE
381	353.00	11:13:55	00060742992TRLO0	LSE
228	353.00	11:13:55	00060742993TRLO0	LSE
899	353.00	11:20:00	00060743162TRLO0	LSE
606	353.00	11:20:00	00060743163TRLO0	LSE
1104	353.00	11:20:00	00060743164TRLO0	LSE
1537	352.00	11:35:06	00060743681TRLO0	LSE
335	352.00	11:35:06	00060743682TRLO0	LSE
1330	352.00	11:35:06	00060743683TRLO0	LSE
1597	351.50	12:23:03	00060745116TRLO0	LSE
38	351.50	12:23:03	00060745117TRLO0	LSE
639	351.00	12:23:03	00060745118TRLO0	LSE
476	351.00	12:29:36	00060745313TRLO0	LSE
495	351.00	12:38:45	00060745680TRLO0	LSE
478	352.00	12:54:03	00060746303TRLO0	LSE
652	352.00	12:54:03	00060746304TRLO0	LSE
948	352.00	12:54:03	00060746305TRLO0	LSE
307	353.00	13:14:10	00060746968TRLO0	LSE
493	353.00	13:14:10	00060746969TRLO0	LSE
399	353.00	13:14:10	00060746970TRLO0	LSE
267	353.00	13:14:10	00060746971TRLO0	LSE
366	353.00	13:14:10	00060746972TRLO0	LSE
1632	352.50	13:24:08	00060747212TRLO0	LSE
1660	352.50	13:24:08	00060747213TRLO0	LSE
459	352.00	13:28:09	00060747355TRLO0	LSE
1063	352.00	13:28:09	00060747356TRLO0	LSE
1520	350.50	13:45:31	00060747888TRLO0	LSE
276	350.50	13:45:31	00060747889TRLO0	LSE
771	350.50	13:45:31	00060747890TRLO0	LSE
476	350.50	13:45:31	00060747891TRLO0	LSE
508	350.00	14:19:00	00060748880TRLO0	LSE
463	350.00	14:29:30	00060749438TRLO0	LSE
490	350.00	14:31:45	00060749701TRLO0	LSE
1711	351.50	14:37:46	00060750098TRLO0	LSE
83	351.00	14:40:48	00060750191TRLO0	LSE
1942	351.00	14:40:48	00060750192TRLO0	LSE
1727	349.00	14:51:05	00060750806TRLO0	LSE
684	347.50	15:03:53	00060751801TRLO0	LSE
986	347.50	15:03:53	00060751802TRLO0	LSE
144	345.50	15:13:34	00060752727TRLO0	LSE
469	345.50	15:17:13	00060753016TRLO0	LSE
518	345.50	15:20:26	00060753236TRLO0	LSE
396	345.50	15:24:55	00060753496TRLO0	LSE
706	345.50	15:30:20	00060753851TRLO0	LSE
414	346.00	15:33:19	00060754097TRLO0	LSE
1162	346.00	15:33:19	00060754098TRLO0	LSE
209	345.50	15:39:01	00060754604TRLO0	LSE
1359	345.50	15:39:01	00060754605TRLO0	LSE
900	345.50	15:46:02	00060755176TRLO0	LSE
848	345.50	15:46:02	00060755177TRLO0	LSE
1598	347.50	16:01:59	00060756319TRLO0	LSE
1577	347.50	16:04:59	00060756460TRLO0	LSE
1524	347.00	16:06:36	00060756550TRLO0	LSE
899	346.50	16:11:05	00060756850TRLO0	LSE
765	346.50	16:11:05	00060756851TRLO0	LSE
1047	346.50	16:12:05	00060756921TRLO0	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