Transaction in Own Shares

6 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 1 June 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	:  50,000
Weighted average purchase price paid	:  378.1803 pence per share
Highest purchase price paid	:  379.5 pence per share
Lowest purchase price paid	:  375.5 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 3,784,210 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 242,307,213, 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 1 June 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
348	379.00	08:41:54	00059238726TRLO0	LSE
1111	379.00	08:41:54	00059238725TRLO0	LSE
300	379.00	08:52:02	00059238961TRLO0	LSE
500	379.00	08:52:02	00059238960TRLO0	LSE
500	379.00	08:52:02	00059238959TRLO0	LSE
1250	378.50	08:52:30	00059238994TRLO0	LSE
143	378.50	08:52:30	00059238993TRLO0	LSE
141	378.50	08:52:30	00059238992TRLO0	LSE
803	376.50	09:08:32	00059239746TRLO0	LSE
658	376.50	09:08:32	00059239745TRLO0	LSE
117	379.00	09:59:39	00059241457TRLO0	LSE
215	379.00	09:59:39	00059241458TRLO0	LSE
2423	379.00	09:59:39	00059241459TRLO0	LSE
1300	379.00	10:07:41	00059241638TRLO0	LSE
268	379.00	10:07:41	00059241639TRLO0	LSE
828	379.50	10:13:21	00059241746TRLO0	LSE
199	379.50	10:13:21	00059241747TRLO0	LSE
348	379.50	10:13:21	00059241748TRLO0	LSE
1485	379.00	10:16:33	00059241836TRLO0	LSE
344	378.00	10:50:02	00059243014TRLO0	LSE
1028	378.00	10:50:02	00059243015TRLO0	LSE
597	378.50	11:04:46	00059243574TRLO0	LSE
973	378.50	11:04:46	00059243573TRLO0	LSE
282	378.00	11:10:48	00059243878TRLO0	LSE
1100	378.00	11:10:48	00059243877TRLO0	LSE
500	378.00	11:38:37	00059244859TRLO0	LSE
273	378.00	11:38:37	00059244858TRLO0	LSE
224	378.00	11:59:04	00059245483TRLO0	LSE
500	378.00	11:59:04	00059245482TRLO0	LSE
1310	379.00	12:58:05	00059247306TRLO0	LSE
1594	379.00	13:11:05	00059247711TRLO0	LSE
1639	378.50	13:26:07	00059248205TRLO0	LSE
1614	379.00	13:37:44	00059248588TRLO0	LSE
400	379.00	13:37:44	00059248589TRLO0	LSE
19	378.50	13:49:25	00059249024TRLO0	LSE
1578	378.50	13:49:25	00059249023TRLO0	LSE
49	378.00	14:05:57	00059249879TRLO0	LSE
1000	379.50	14:34:10	00059251732TRLO0	LSE
1109	379.50	14:34:10	00059251733TRLO0	LSE
391	379.50	14:34:10	00059251734TRLO0	LSE
384	379.50	14:34:10	00059251735TRLO0	LSE
622	379.50	14:34:10	00059251736TRLO0	LSE
400	379.50	14:42:53	00059252701TRLO0	LSE
400	379.50	14:43:14	00059252729TRLO0	LSE
400	379.50	14:44:08	00059252807TRLO0	LSE
571	379.50	14:44:08	00059252808TRLO0	LSE
543	379.50	14:44:08	00059252809TRLO0	LSE
655	379.00	14:47:57	00059253304TRLO0	LSE
500	379.00	14:47:57	00059253303TRLO0	LSE
500	379.00	14:47:57	00059253302TRLO0	LSE
368	379.00	14:47:57	00059253301TRLO0	LSE
1367	379.00	15:00:37	00059254614TRLO0	LSE
50	378.00	15:09:29	00059255578TRLO0	LSE
500	378.00	15:09:29	00059255577TRLO0	LSE
500	378.00	15:09:29	00059255576TRLO0	LSE
378	378.00	15:09:29	00059255575TRLO0	LSE
52	377.00	15:15:54	00059256266TRLO0	LSE
431	377.00	15:22:03	00059256895TRLO0	LSE
433	377.00	15:26:00	00059257198TRLO0	LSE
418	377.00	15:30:12	00059257465TRLO0	LSE
1533	377.00	15:30:12	00059257468TRLO0	LSE
53	377.00	15:30:12	00059257467TRLO0	LSE
60	377.00	15:30:12	00059257466TRLO0	LSE
2	376.50	15:35:13	00059258073TRLO0	LSE
1482	376.50	15:35:13	00059258072TRLO0	LSE
63	376.50	15:35:13	00059258071TRLO0	LSE
60	375.50	15:45:06	00059259120TRLO0	LSE
400	376.00	15:47:18	00059259288TRLO0	LSE
342	376.00	15:47:18	00059259287TRLO0	LSE
342	376.00	15:50:18	00059259535TRLO0	LSE
400	376.00	15:50:18	00059259534TRLO0	LSE
1222	375.50	15:50:34	00059259558TRLO0	LSE
53	375.50	15:50:34	00059259557TRLO0	LSE
311	375.50	15:58:30	00059260249TRLO0	LSE
532	375.50	15:58:30	00059260248TRLO0	LSE
336	375.50	15:58:30	00059260247TRLO0	LSE
400	375.50	15:58:30	00059260246TRLO0	LSE
163	376.50	16:08:39	00059261294TRLO0	LSE
353	376.50	16:08:41	00059261295TRLO0	LSE
471	376.50	16:10:38	00059261484TRLO0	LSE
54	376.50	16:10:38	00059261483TRLO0	LSE
389	377.00	16:12:28	00059261677TRLO0	LSE
240	377.00	16:12:28	00059261676TRLO0	LSE
455	377.00	16:12:28	00059261675TRLO0	LSE
149	377.00	16:12:28	00059261674TRLO0	LSE
110	377.00	16:12:28	00059261673TRLO0	LSE
174	377.00	16:17:28	00059262248TRLO0	LSE
260	377.00	16:17:28	00059262247TRLO0	LSE
439	377.00	16:19:58	00059262434TRLO0	LSE
59	377.00	16:19:58	00059262433TRLO0	LSE
160	376.50	16:22:01	00059262656TRLO0	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