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

26 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 26 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	:  90,000
Weighted average purchase price paid	:  326.5136 pence per share
Highest purchase price paid	:  330.5 pence per share
Lowest purchase price paid	:  321 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 13,431,303 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 232,660,120 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 26 October 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
490	322.00	08:08:29	00061768623TRLO0	LSE
2207	322.00	08:12:24	00061768738TRLO0	LSE
2065	321.50	08:13:30	00061768779TRLO0	LSE
600	321.00	08:14:23	00061768814TRLO0	LSE
1200	321.00	08:14:23	00061768815TRLO0	LSE
264	321.00	08:14:23	00061768816TRLO0	LSE
945	322.50	08:27:13	00061769285TRLO0	LSE
921	322.50	08:27:13	00061769286TRLO0	LSE
323	322.50	08:27:13	00061769287TRLO0	LSE
1849	323.50	08:36:22	00061769668TRLO0	LSE
254	323.50	08:36:22	00061769669TRLO0	LSE
2350	323.50	08:36:22	00061769670TRLO0	LSE
266	323.50	08:36:22	00061769671TRLO0	LSE
492	323.00	08:45:00	00061769898TRLO0	LSE
773	323.00	08:53:04	00061770169TRLO0	LSE
900	323.00	08:53:04	00061770170TRLO0	LSE
600	324.00	08:59:57	00061770618TRLO0	LSE
1200	324.00	08:59:57	00061770619TRLO0	LSE
167	324.00	08:59:57	00061770620TRLO0	LSE
291	324.50	09:03:49	00061770907TRLO0	LSE
542	324.50	09:03:49	00061770908TRLO0	LSE
128	324.50	09:05:29	00061770965TRLO0	LSE
955	324.50	09:05:29	00061770966TRLO0	LSE
892	324.50	09:05:29	00061770967TRLO0	LSE
3	328.50	09:29:50	00061772225TRLO0	LSE
2208	328.50	09:29:50	00061772226TRLO0	LSE
2089	328.50	09:42:09	00061772870TRLO0	LSE
1290	328.00	09:50:02	00061773224TRLO0	LSE
1025	328.00	09:50:02	00061773225TRLO0	LSE
490	328.50	10:02:24	00061773961TRLO0	LSE
2295	327.50	10:12:10	00061774417TRLO0	LSE
2113	327.50	10:46:40	00061775638TRLO0	LSE
2003	328.00	11:21:43	00061777126TRLO0	LSE
861	328.50	12:10:00	00061779353TRLO0	LSE
1178	328.50	12:10:00	00061779354TRLO0	LSE
2134	328.50	12:24:11	00061780071TRLO0	LSE
395	327.50	12:47:41	00061781154TRLO0	LSE
1752	327.50	12:47:41	00061781155TRLO0	LSE
1971	327.00	13:30:55	00061783099TRLO0	LSE
142	326.50	14:11:49	00061785020TRLO0	LSE
3368	326.00	14:31:06	00061786202TRLO0	LSE
663	325.50	14:31:06	00061786203TRLO0	LSE
4	325.50	14:31:06	00061786204TRLO0	LSE
1656	325.50	14:31:06	00061786205TRLO0	LSE
361	324.50	14:44:48	00061787442TRLO0	LSE
2022	324.50	14:44:48	00061787443TRLO0	LSE
894	325.00	15:00:26	00061788489TRLO0	LSE
778	324.50	15:00:41	00061788513TRLO0	LSE
593	325.00	15:01:44	00061788587TRLO0	LSE
600	325.00	15:01:44	00061788588TRLO0	LSE
600	325.00	15:01:44	00061788589TRLO0	LSE
519	325.00	15:01:44	00061788590TRLO0	LSE
126	325.00	15:01:44	00061788591TRLO0	LSE
1200	324.50	15:02:19	00061788629TRLO0	LSE
1348	324.50	15:02:19	00061788630TRLO0	LSE
269	324.50	15:02:19	00061788631TRLO0	LSE
2149	324.50	15:05:01	00061788813TRLO0	LSE
1295	324.50	15:06:50	00061788927TRLO0	LSE
600	324.50	15:06:50	00061788928TRLO0	LSE
344	324.50	15:06:50	00061788929TRLO0	LSE
32	326.00	15:22:18	00061790192TRLO0	LSE
4	326.00	15:22:28	00061790204TRLO0	LSE
7	326.00	15:22:28	00061790205TRLO0	LSE
7	326.00	15:22:28	00061790206TRLO0	LSE
998	326.00	15:22:34	00061790210TRLO0	LSE
1555	327.00	15:35:49	00061791567TRLO0	LSE
600	327.00	15:35:49	00061791568TRLO0	LSE
40	327.00	15:35:49	00061791569TRLO0	LSE
294	326.50	15:37:01	00061791637TRLO0	LSE
310	327.00	15:40:21	00061791800TRLO0	LSE
340	327.00	15:41:41	00061791863TRLO0	LSE
80	327.50	15:45:30	00061792139TRLO0	LSE
2386	329.50	16:01:00	00061793201TRLO0	LSE
424	329.50	16:01:00	00061793202TRLO0	LSE
525	329.50	16:01:00	00061793203TRLO0	LSE
127	329.50	16:01:00	00061793204TRLO0	LSE
27	329.50	16:01:00	00061793205TRLO0	LSE
1800	329.00	16:01:00	00061793206TRLO0	LSE
352	329.00	16:01:00	00061793207TRLO0	LSE
600	329.00	16:01:00	00061793208TRLO0	LSE
600	329.00	16:01:00	00061793209TRLO0	LSE
600	329.00	16:01:00	00061793210TRLO0	LSE
715	329.00	16:01:00	00061793211TRLO0	LSE
2055	329.00	16:01:00	00061793212TRLO0	LSE
192	328.50	16:01:43	00061793260TRLO0	LSE
2409	328.50	16:01:43	00061793261TRLO0	LSE
4914	330.00	16:09:27	00061793709TRLO0	LSE
83	330.00	16:09:27	00061793710TRLO0	LSE
441	330.00	16:13:19	00061793957TRLO0	LSE
20	330.00	16:13:19	00061793958TRLO0	LSE
267	330.00	16:13:19	00061793959TRLO0	LSE
14	330.00	16:13:19	00061793960TRLO0	LSE
203	329.50	16:14:41	00061794044TRLO0	LSE
324	330.00	16:15:21	00061794170TRLO0	LSE
1347	330.50	16:17:20	00061794394TRLO0	LSE
671	330.50	16:17:20	00061794395TRLO0	LSE
991	330.50	16:17:39	00061794427TRLO0	LSE
464	330.50	16:17:39	00061794428TRLO0	LSE
348	330.50	16:18:49	00061794515TRLO0	LSE
227	330.50	16:18:49	00061794516TRLO0	LSE
595	330.50	16:19:03	00061794529TRLO0	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