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

2 September 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 September 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	:  110,000
Weighted average purchase price paid	:  318.3071 pence per share
Highest purchase price paid	:  328 pence per share
Lowest purchase price paid	:  312.5 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 9,200,984 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 236,890,439, 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 September 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
305	327.00	08:10:33	00060786540TRLO0	LSE
870	325.00	08:11:41	00060786561TRLO0	LSE
1508	325.00	08:11:41	00060786562TRLO0	LSE
1667	324.50	08:12:29	00060786579TRLO0	LSE
1763	324.50	08:21:06	00060786767TRLO0	LSE
429	325.50	08:40:37	00060787299TRLO0	LSE
1113	325.50	08:40:37	00060787300TRLO0	LSE
1756	325.50	08:40:37	00060787301TRLO0	LSE
1957	327.00	08:53:27	00060787583TRLO0	LSE
2929	327.50	08:57:44	00060787682TRLO0	LSE
1000	327.00	08:57:46	00060787683TRLO0	LSE
653	327.00	08:57:46	00060787684TRLO0	LSE
3	328.00	09:06:10	00060787955TRLO0	LSE
2041	327.50	09:06:56	00060787970TRLO0	LSE
1862	327.00	09:07:00	00060787973TRLO0	LSE
1766	326.50	09:07:01	00060787974TRLO0	LSE
1864	326.00	09:16:02	00060788305TRLO0	LSE
1528	323.00	09:31:37	00060788776TRLO0	LSE
42	322.00	09:35:02	00060788956TRLO0	LSE
1722	322.00	09:35:02	00060788957TRLO0	LSE
1547	321.00	09:48:39	00060789437TRLO0	LSE
227	321.00	09:48:39	00060789438TRLO0	LSE
1735	320.50	10:07:08	00060790208TRLO0	LSE
263	320.50	10:33:22	00060790927TRLO0	LSE
981	320.00	10:33:31	00060790930TRLO0	LSE
981	320.00	10:33:31	00060790931TRLO0	LSE
1230	320.00	10:34:40	00060790955TRLO0	LSE
1597	319.50	10:38:09	00060791026TRLO0	LSE
1725	319.00	11:16:22	00060791877TRLO0	LSE
672	318.50	11:16:49	00060791896TRLO0	LSE
1024	318.50	11:16:49	00060791897TRLO0	LSE
1869	318.00	11:44:29	00060792539TRLO0	LSE
1868	317.50	12:16:42	00060793029TRLO0	LSE
1883	318.00	13:17:06	00060794351TRLO0	LSE
1652	318.50	13:23:23	00060794556TRLO0	LSE
536	318.50	13:23:23	00060794557TRLO0	LSE
240	318.50	13:23:23	00060794558TRLO0	LSE
9	318.50	13:23:23	00060794559TRLO0	LSE
785	318.00	13:25:46	00060794650TRLO0	LSE
854	318.00	13:25:46	00060794651TRLO0	LSE
1803	317.50	13:30:07	00060794785TRLO0	LSE
550	316.50	13:33:10	00060795073TRLO0	LSE
961	316.50	13:33:10	00060795074TRLO0	LSE
1844	316.00	13:35:45	00060795210TRLO0	LSE
1757	317.00	13:46:50	00060795586TRLO0	LSE
896	316.50	13:54:37	00060795866TRLO0	LSE
900	316.50	13:54:37	00060795867TRLO0	LSE
38	316.50	13:54:37	00060795868TRLO0	LSE
1558	316.00	14:04:14	00060796184TRLO0	LSE
1555	317.00	14:14:20	00060796547TRLO0	LSE
503	316.50	14:15:02	00060796571TRLO0	LSE
1126	316.50	14:15:02	00060796572TRLO0	LSE
536	316.50	14:20:07	00060796757TRLO0	LSE
158	316.50	14:20:10	00060796758TRLO0	LSE
900	316.50	14:22:10	00060796806TRLO0	LSE
905	316.50	14:22:10	00060796807TRLO0	LSE
1805	316.00	14:22:50	00060796815TRLO0	LSE
453	316.00	14:31:05	00060797261TRLO0	LSE
294	316.00	14:31:05	00060797262TRLO0	LSE
35	316.00	14:31:05	00060797263TRLO0	LSE
2743	315.50	14:31:32	00060797297TRLO0	LSE
1943	315.00	14:31:32	00060797298TRLO0	LSE
2680	315.50	14:31:32	00060797299TRLO0	LSE
373	315.00	14:56:57	00060798825TRLO0	LSE
59	315.00	14:56:57	00060798826TRLO0	LSE
1758	315.00	14:56:57	00060798827TRLO0	LSE
159	315.00	15:01:20	00060799083TRLO0	LSE
1461	315.00	15:01:20	00060799084TRLO0	LSE
1509	314.50	15:02:14	00060799142TRLO0	LSE
111	314.50	15:02:14	00060799143TRLO0	LSE
1519	314.50	15:02:14	00060799144TRLO0	LSE
900	314.00	15:03:19	00060799241TRLO0	LSE
875	314.00	15:03:19	00060799242TRLO0	LSE
1836	313.50	15:10:16	00060799518TRLO0	LSE
1493	313.50	15:13:45	00060799794TRLO0	LSE
302	313.50	15:13:45	00060799795TRLO0	LSE
1642	315.00	15:33:09	00060800782TRLO0	LSE
1589	315.00	15:33:09	00060800783TRLO0	LSE
1182	315.00	15:33:09	00060800784TRLO0	LSE
448	315.00	15:33:09	00060800785TRLO0	LSE
475	315.00	15:33:09	00060800786TRLO0	LSE
94	315.00	15:36:05	00060800893TRLO0	LSE
42	315.00	15:36:05	00060800894TRLO0	LSE
241	315.00	15:36:05	00060800895TRLO0	LSE
28	315.00	15:36:16	00060800907TRLO0	LSE
263	315.00	15:36:54	00060800956TRLO0	LSE
263	315.00	15:38:01	00060801052TRLO0	LSE
263	315.00	15:38:05	00060801057TRLO0	LSE
269	315.00	15:38:08	00060801061TRLO0	LSE
1913	314.50	15:38:12	00060801063TRLO0	LSE
446	313.00	15:41:35	00060801269TRLO0	LSE
2354	313.00	15:46:43	00060801571TRLO0	LSE
3	312.50	15:50:48	00060801780TRLO0	LSE
855	312.50	15:50:51	00060801783TRLO0	LSE
1718	312.50	15:53:39	00060801912TRLO0	LSE
116	312.50	15:53:39	00060801913TRLO0	LSE
782	312.50	15:56:39	00060802113TRLO0	LSE
564	312.50	15:56:39	00060802114TRLO0	LSE
211	312.50	15:56:39	00060802115TRLO0	LSE
25	312.50	16:01:39	00060802428TRLO0	LSE
34	312.50	16:01:39	00060802429TRLO0	LSE
36	312.50	16:01:39	00060802430TRLO0	LSE
686	312.50	16:02:00	00060802464TRLO0	LSE
304	312.50	16:14:17	00060803708TRLO0	LSE
360	313.00	16:17:17	00060803987TRLO0	LSE
312	313.00	16:17:17	00060803988TRLO0	LSE
26	313.00	16:17:17	00060803989TRLO0	LSE
319	313.00	16:17:37	00060804000TRLO0	LSE
905	313.00	16:20:15	00060804258TRLO0	LSE
900	313.00	16:20:15	00060804259TRLO0	LSE
900	313.00	16:20:15	00060804260TRLO0	LSE
412	313.00	16:20:15	00060804261TRLO0	LSE
385	313.00	16:20:15	00060804262TRLO0	LSE
190	313.00	16:20:15	00060804263TRLO0	LSE
81	313.00	16:20:15	00060804264TRLO0	LSE
353	313.00	16:20:15	00060804265TRLO0	LSE
1000	312.50	16:20:16	00060804269TRLO0	LSE
254	312.50	16:20:21	00060804290TRLO0	LSE
3	312.50	16:22:21	00060804577TRLO0	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