Transaction in Own Shares

25 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 22 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	:  50,000
Weighted average purchase price paid	:  377.4657 pence per share
Highest purchase price paid	:  379.5 pence per share
Lowest purchase price paid	:  373.5 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 6,566,189 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 239,525,234, 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 22 July 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1976	375.50	08:29:25	00060171362TRLO0	LSE
263	375.50	08:29:25	00060171361TRLO0	LSE
1428	375.00	08:30:01	00060171394TRLO0	LSE
700	375.00	08:30:01	00060171393TRLO0	LSE
468	373.50	09:01:19	00060172624TRLO0	LSE
700	374.00	09:01:19	00060172625TRLO0	LSE
1947	375.50	09:20:06	00060173617TRLO0	LSE
345	375.50	09:43:06	00060174680TRLO0	LSE
1556	375.50	09:43:06	00060174681TRLO0	LSE
2186	375.00	09:54:17	00060175311TRLO0	LSE
658	375.00	10:04:00	00060175876TRLO0	LSE
449	375.00	10:24:52	00060177135TRLO0	LSE
1095	375.00	10:26:14	00060177276TRLO0	LSE
700	375.00	10:26:14	00060177275TRLO0	LSE
544	375.50	11:02:47	00060178837TRLO0	LSE
231	378.50	11:22:10	00060179429TRLO0	LSE
82	379.00	11:32:05	00060179733TRLO0	LSE
2065	379.00	11:32:05	00060179734TRLO0	LSE
136	378.50	11:32:26	00060179753TRLO0	LSE
1035	379.00	11:39:09	00060179976TRLO0	LSE
439	379.00	11:39:09	00060179977TRLO0	LSE
234	379.50	11:57:10	00060180692TRLO0	LSE
700	379.50	11:57:10	00060180693TRLO0	LSE
567	379.50	11:57:10	00060180694TRLO0	LSE
2001	379.00	12:26:48	00060181588TRLO0	LSE
700	379.00	12:26:48	00060181590TRLO0	LSE
1014	379.00	12:26:48	00060181589TRLO0	LSE
1881	377.50	12:51:08	00060182795TRLO0	LSE
2277	378.00	13:35:04	00060184797TRLO0	LSE
54	378.00	13:51:39	00060185551TRLO0	LSE
114	378.00	13:57:16	00060185702TRLO0	LSE
163	378.50	14:06:34	00060186157TRLO0	LSE
77	378.50	14:06:34	00060186156TRLO0	LSE
700	378.50	14:06:34	00060186155TRLO0	LSE
700	378.50	14:06:34	00060186154TRLO0	LSE
493	378.50	14:06:34	00060186153TRLO0	LSE
563	378.00	14:15:35	00060186457TRLO0	LSE
538	378.00	14:20:44	00060186664TRLO0	LSE
700	379.50	14:22:20	00060186760TRLO0	LSE
164	379.50	14:22:20	00060186761TRLO0	LSE
700	379.50	14:22:30	00060186769TRLO0	LSE
700	379.50	14:22:45	00060186779TRLO0	LSE
477	379.50	14:25:45	00060186991TRLO0	LSE
700	379.50	14:25:45	00060186992TRLO0	LSE
418	379.00	14:33:31	00060187565TRLO0	LSE
1778	379.00	14:33:31	00060187566TRLO0	LSE
265	378.00	14:56:04	00060189336TRLO0	LSE
1892	378.00	14:56:04	00060189335TRLO0	LSE
589	377.00	15:06:18	00060190079TRLO0	LSE
1312	377.00	15:06:18	00060190078TRLO0	LSE
416	378.00	15:18:40	00060190768TRLO0	LSE
479	378.00	15:18:40	00060190767TRLO0	LSE
513	378.00	15:18:40	00060190766TRLO0	LSE
476	378.00	15:18:40	00060190765TRLO0	LSE
2231	378.00	15:36:10	00060191744TRLO0	LSE
700	379.00	15:53:29	00060192776TRLO0	LSE
503	379.00	15:53:29	00060192775TRLO0	LSE
464	379.00	15:53:29	00060192774TRLO0	LSE
142	377.50	15:59:51	00060193144TRLO0	LSE
689	377.50	15:59:51	00060193143TRLO0	LSE
382	377.50	15:59:51	00060193142TRLO0	LSE
20	378.00	16:16:22	00060194429TRLO0	LSE
427	378.00	16:16:22	00060194430TRLO0	LSE
514	378.00	16:16:23	00060194431TRLO0	LSE
570	378.00	16:16:25	00060194433TRLO0	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