Transaction in Own Shares

7 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 6 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	:  384.3443 pence per share
Highest purchase price paid	:  386 pence per share
Lowest purchase price paid	:  380.5 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 3,834,210 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 242,257,213, 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 6 June 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1	381.00	08:34:47	00059268151TRLO0	LSE
1584	381.00	08:34:47	00059268150TRLO0	LSE
1538	380.50	08:34:47	00059268152TRLO0	LSE
475	381.50	09:08:19	00059269471TRLO0	LSE
866	381.50	09:08:19	00059269470TRLO0	LSE
989	383.00	09:08:46	00059269491TRLO0	LSE
642	383.00	09:08:46	00059269490TRLO0	LSE
373	384.00	09:14:03	00059269708TRLO0	LSE
1516	384.00	09:14:03	00059269707TRLO0	LSE
1000	384.00	09:14:03	00059269706TRLO0	LSE
96	384.00	09:14:03	00059269704TRLO0	LSE
299	384.00	09:14:03	00059269703TRLO0	LSE
500	384.00	09:14:03	00059269702TRLO0	LSE
500	384.00	09:14:03	00059269700TRLO0	LSE
1307	384.00	09:16:03	00059269812TRLO0	LSE
415	383.50	09:17:15	00059269861TRLO0	LSE
194	383.50	09:17:15	00059269860TRLO0	LSE
400	383.50	09:17:15	00059269859TRLO0	LSE
501	383.50	09:17:15	00059269858TRLO0	LSE
894	386.00	09:54:18	00059270935TRLO0	LSE
3664	386.00	09:54:18	00059270936TRLO0	LSE
500	386.00	09:54:18	00059270937TRLO0	LSE
500	386.00	09:54:18	00059270938TRLO0	LSE
2334	386.00	09:54:18	00059270941TRLO0	LSE
412	386.00	09:54:18	00059270940TRLO0	LSE
1500	386.00	09:54:18	00059270939TRLO0	LSE
500	386.00	09:54:18	00059270942TRLO0	LSE
846	386.00	09:54:18	00059270943TRLO0	LSE
1074	385.50	09:55:32	00059271031TRLO0	LSE
419	385.50	09:55:32	00059271030TRLO0	LSE
1375	386.00	10:02:10	00059271257TRLO0	LSE
350	385.50	10:08:03	00059271564TRLO0	LSE
1000	385.50	10:08:03	00059271563TRLO0	LSE
148	385.50	10:08:03	00059271562TRLO0	LSE
826	385.00	10:18:45	00059271914TRLO0	LSE
500	385.00	10:18:45	00059271913TRLO0	LSE
279	385.00	10:18:45	00059271912TRLO0	LSE
1665	384.50	10:18:46	00059271916TRLO0	LSE
81	384.50	10:41:04	00059272483TRLO0	LSE
500	384.50	10:41:04	00059272482TRLO0	LSE
610	384.50	10:41:04	00059272481TRLO0	LSE
191	384.50	10:41:11	00059272489TRLO0	LSE
55	384.50	10:41:11	00059272488TRLO0	LSE
165	384.50	10:41:21	00059272492TRLO0	LSE
231	383.00	11:59:02	00059274692TRLO0	LSE
454	383.00	11:59:02	00059274691TRLO0	LSE
500	383.00	11:59:02	00059274690TRLO0	LSE
257	383.00	11:59:02	00059274689TRLO0	LSE
136	383.00	11:59:41	00059274801TRLO0	LSE
1313	383.00	11:59:41	00059274800TRLO0	LSE
500	382.00	13:08:09	00059276121TRLO0	LSE
455	382.00	13:08:09	00059276120TRLO0	LSE
1410	383.50	13:20:27	00059276523TRLO0	LSE
239	383.50	13:58:47	00059277701TRLO0	LSE
449	383.50	14:10:57	00059277932TRLO0	LSE
453	383.50	14:26:51	00059278566TRLO0	LSE
310	383.50	14:38:24	00059279043TRLO0	LSE
108	383.50	14:38:48	00059279050TRLO0	LSE
1413	383.50	14:38:48	00059279049TRLO0	LSE
10	383.50	14:38:48	00059279051TRLO0	LSE
1371	383.00	14:46:23	00059279518TRLO0	LSE
391	384.00	15:11:19	00059281142TRLO0	LSE
1113	384.00	15:11:19	00059281141TRLO0	LSE
47	384.00	15:11:19	00059281140TRLO0	LSE
1420	385.00	15:36:11	00059282478TRLO0	LSE
252	385.50	15:54:23	00059283663TRLO0	LSE
28	385.50	15:54:23	00059283662TRLO0	LSE
391	385.50	15:54:23	00059283661TRLO0	LSE
29	385.50	15:54:23	00059283660TRLO0	LSE
119	385.50	15:59:23	00059283966TRLO0	LSE
70	386.00	16:01:44	00059284209TRLO0	LSE
896	386.00	16:01:45	00059284211TRLO0	LSE
648	386.00	16:01:45	00059284210TRLO0	LSE
500	386.00	16:05:31	00059284521TRLO0	LSE
403	386.00	16:11:31	00059284981TRLO0	LSE
500	386.00	16:11:31	00059284980TRLO0	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