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

25 October 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 25 October 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	:  108,857
Weighted average purchase price paid	:  319.1194 pence per share
Highest purchase price paid	:  324 pence per share
Lowest purchase price paid	:  315.5 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 13,341,303 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 232,750,120 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 25 October 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
490	320.00	08:05:45	00061736934TRLO0	LSE
700	318.50	08:20:18	00061737420TRLO0	LSE
2047	318.50	08:20:18	00061737421TRLO0	LSE
1081	318.50	08:20:18	00061737422TRLO0	LSE
700	318.50	08:20:18	00061737423TRLO0	LSE
435	318.50	08:20:18	00061737424TRLO0	LSE
674	318.00	08:28:35	00061737713TRLO0	LSE
1400	318.00	08:28:35	00061737714TRLO0	LSE
132	318.00	08:28:35	00061737715TRLO0	LSE
199	317.00	08:43:25	00061738229TRLO0	LSE
1942	317.00	08:43:25	00061738230TRLO0	LSE
2130	318.00	09:52:02	00061740646TRLO0	LSE
232	318.00	09:52:02	00061740647TRLO0	LSE
1093	317.00	09:53:02	00061740684TRLO0	LSE
341	317.00	09:55:00	00061740791TRLO0	LSE
400	317.00	09:55:35	00061740822TRLO0	LSE
543	317.00	09:55:35	00061740823TRLO0	LSE
871	317.00	09:55:35	00061740824TRLO0	LSE
1356	317.00	09:55:35	00061740825TRLO0	LSE
2121	319.00	10:31:03	00061742008TRLO0	LSE
2056	319.00	10:31:03	00061742009TRLO0	LSE
30000	319.00	10:34:10	00061742205TRLO0	LSE
34	318.00	10:37:00	00061742320TRLO0	LSE
2197	318.00	10:37:00	00061742321TRLO0	LSE
2300	317.50	10:37:01	00061742322TRLO0	LSE
1472	317.00	10:37:02	00061742324TRLO0	LSE
837	317.00	10:37:02	00061742325TRLO0	LSE
1404	315.50	10:54:57	00061743002TRLO0	LSE
612	316.00	11:12:41	00061743797TRLO0	LSE
580	316.00	11:12:41	00061743798TRLO0	LSE
412	316.00	11:12:41	00061743799TRLO0	LSE
395	316.00	11:12:41	00061743800TRLO0	LSE
2158	317.00	11:39:59	00061744991TRLO0	LSE
236	317.00	11:39:59	00061744992TRLO0	LSE
41	317.00	11:39:59	00061744993TRLO0	LSE
1879	317.50	12:03:35	00061745963TRLO0	LSE
182	317.50	12:03:35	00061745964TRLO0	LSE
90	317.50	12:03:35	00061745965TRLO0	LSE
89	317.50	12:10:52	00061746354TRLO0	LSE
1561	319.00	13:04:13	00061748228TRLO0	LSE
382	319.00	13:04:13	00061748229TRLO0	LSE
25	319.00	13:04:13	00061748230TRLO0	LSE
316	318.50	13:06:13	00061748331TRLO0	LSE
1744	318.50	13:06:13	00061748332TRLO0	LSE
2407	317.50	13:42:11	00061749957TRLO0	LSE
1538	317.00	13:45:06	00061750077TRLO0	LSE
889	317.00	14:11:27	00061751354TRLO0	LSE
2000	319.00	14:17:14	00061751873TRLO0	LSE
270	319.00	14:17:14	00061751874TRLO0	LSE
2288	319.50	14:30:32	00061752925TRLO0	LSE
2024	319.00	14:30:33	00061752926TRLO0	LSE
591	319.00	14:30:33	00061752927TRLO0	LSE
1679	319.00	14:30:33	00061752928TRLO0	LSE
2011	319.00	14:39:35	00061754035TRLO0	LSE
594	319.00	14:39:35	00061754036TRLO0	LSE
1114	319.00	14:41:04	00061754196TRLO0	LSE
577	319.00	14:41:04	00061754197TRLO0	LSE
1278	321.00	14:58:17	00061756681TRLO0	LSE
661	321.00	14:58:17	00061756682TRLO0	LSE
175	321.00	14:58:17	00061756683TRLO0	LSE
878	321.00	14:58:17	00061756684TRLO0	LSE
717	321.00	14:58:17	00061756685TRLO0	LSE
526	321.00	14:58:17	00061756686TRLO0	LSE
305	321.50	15:05:16	00061757706TRLO0	LSE
536	321.50	15:05:16	00061757707TRLO0	LSE
1220	321.50	15:05:46	00061757791TRLO0	LSE
403	321.00	15:16:57	00061759141TRLO0	LSE
483	321.00	15:19:37	00061759351TRLO0	LSE
496	321.00	15:21:17	00061759522TRLO0	LSE
2297	323.50	15:31:50	00061761087TRLO0	LSE
2500	323.00	15:31:57	00061761103TRLO0	LSE
361	323.00	15:37:58	00061761700TRLO0	LSE
1988	322.50	15:38:37	00061761762TRLO0	LSE
25	322.50	15:38:37	00061761763TRLO0	LSE
551	322.50	16:00:17	00061763820TRLO0	LSE
680	323.00	16:01:57	00061763937TRLO0	LSE
1291	323.00	16:01:57	00061763938TRLO0	LSE
454	323.00	16:04:54	00061764282TRLO0	LSE
486	323.00	16:04:54	00061764283TRLO0	LSE
1323	323.00	16:04:54	00061764284TRLO0	LSE
1352	324.00	16:16:37	00061765850TRLO0	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