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

29 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 28 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	:  125,000
Weighted average purchase price paid	:  292.2322 pence per share
Highest purchase price paid	:  298.5 pence per share
Lowest purchase price paid	:  285.5 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 11,130,412 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 234,961,011 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 28 September 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
248	292.50	08:08:43	00061232309TRLO0	LSE
142	292.50	08:08:43	00061232308TRLO0	LSE
703	292.00	08:12:46	00061232534TRLO0	LSE
1667	292.00	08:12:46	00061232533TRLO0	LSE
1921	292.00	08:18:27	00061232760TRLO0	LSE
1320	291.50	08:20:29	00061232887TRLO0	LSE
601	291.50	08:20:29	00061232886TRLO0	LSE
1072	289.00	08:36:35	00061233970TRLO0	LSE
381	289.00	08:36:35	00061233969TRLO0	LSE
276	289.00	08:36:35	00061233968TRLO0	LSE
288	288.00	08:48:23	00061234850TRLO0	LSE
1460	288.00	08:48:23	00061234851TRLO0	LSE
1796	288.00	09:03:45	00061235979TRLO0	LSE
975	288.00	09:03:45	00061235981TRLO0	LSE
967	288.00	09:03:45	00061235980TRLO0	LSE
144	286.50	09:13:23	00061236545TRLO0	LSE
269	286.50	09:15:03	00061236637TRLO0	LSE
290	286.50	09:16:43	00061236687TRLO0	LSE
297	286.50	09:18:23	00061236773TRLO0	LSE
191	286.50	09:19:08	00061236817TRLO0	LSE
600	286.50	09:19:08	00061236816TRLO0	LSE
1242	288.00	09:27:48	00061237345TRLO0	LSE
516	288.00	09:27:48	00061237346TRLO0	LSE
1879	288.00	09:27:48	00061237347TRLO0	LSE
1734	286.50	09:40:20	00061238278TRLO0	LSE
1843	287.00	10:02:53	00061239375TRLO0	LSE
277	286.00	10:09:40	00061239788TRLO0	LSE
583	286.00	10:09:40	00061239790TRLO0	LSE
989	286.00	10:09:40	00061239789TRLO0	LSE
1521	285.50	10:09:42	00061239796TRLO0	LSE
266	288.00	10:44:29	00061241347TRLO0	LSE
276	288.00	10:45:23	00061241419TRLO0	LSE
735	288.00	10:46:00	00061241458TRLO0	LSE
281	288.00	10:47:07	00061241533TRLO0	LSE
248	288.00	10:57:27	00061242061TRLO0	LSE
44	288.00	10:57:27	00061242060TRLO0	LSE
198	288.50	10:59:38	00061242153TRLO0	LSE
826	292.00	11:03:04	00061242727TRLO0	LSE
302	293.50	11:04:20	00061243238TRLO0	LSE
1266	293.50	11:04:20	00061243239TRLO0	LSE
126	293.50	11:04:24	00061243251TRLO0	LSE
1814	293.50	11:05:04	00061243425TRLO0	LSE
1106	293.00	11:05:32	00061243519TRLO0	LSE
520	293.00	11:05:32	00061243518TRLO0	LSE
545	293.00	11:05:32	00061243520TRLO0	LSE
1321	293.00	11:05:32	00061243521TRLO0	LSE
1865	295.00	11:32:07	00061247527TRLO0	LSE
1709	295.00	11:32:07	00061247528TRLO0	LSE
645	294.50	11:33:27	00061247680TRLO0	LSE
1200	294.50	11:33:27	00061247679TRLO0	LSE
1838	296.00	11:45:10	00061249344TRLO0	LSE
40	295.50	11:46:08	00061249497TRLO0	LSE
1558	295.50	11:46:08	00061249496TRLO0	LSE
19	295.50	11:48:05	00061249957TRLO0	LSE
1715	295.00	11:48:40	00061250054TRLO0	LSE
804	294.00	11:57:43	00061250669TRLO0	LSE
856	294.00	11:57:43	00061250676TRLO0	LSE
104	292.50	12:16:24	00061251741TRLO0	LSE
935	292.50	12:16:24	00061251740TRLO0	LSE
38	292.50	12:16:24	00061251739TRLO0	LSE
1289	292.00	12:36:50	00061253046TRLO0	LSE
639	292.00	12:36:50	00061253047TRLO0	LSE
1663	291.50	12:39:15	00061253141TRLO0	LSE
1100	291.00	12:57:11	00061253965TRLO0	LSE
554	291.00	12:57:11	00061253964TRLO0	LSE
1576	290.00	13:10:30	00061254690TRLO0	LSE
28	290.00	13:10:30	00061254689TRLO0	LSE
854	290.00	13:23:47	00061255558TRLO0	LSE
854	290.00	13:24:44	00061255731TRLO0	LSE
1792	289.00	13:32:39	00061256283TRLO0	LSE
1246	288.50	13:39:40	00061256970TRLO0	LSE
1967	288.50	13:39:40	00061256969TRLO0	LSE
420	288.00	13:40:40	00061257047TRLO0	LSE
1198	288.00	13:40:40	00061257046TRLO0	LSE
62	288.00	13:40:40	00061257045TRLO0	LSE
1570	289.50	13:45:42	00061257357TRLO0	LSE
1309	289.50	14:01:42	00061258592TRLO0	LSE
480	289.50	14:01:44	00061258595TRLO0	LSE
180	289.50	14:05:24	00061258923TRLO0	LSE
586	289.50	14:05:24	00061258922TRLO0	LSE
840	289.50	14:05:24	00061258921TRLO0	LSE
194	289.50	14:05:24	00061258920TRLO0	LSE
600	289.50	14:05:24	00061258919TRLO0	LSE
951	289.50	14:05:24	00061258918TRLO0	LSE
359	289.00	14:10:09	00061259414TRLO0	LSE
845	289.00	14:10:49	00061259466TRLO0	LSE
184	290.50	14:28:00	00061260749TRLO0	LSE
561	290.50	14:28:00	00061260748TRLO0	LSE
1161	290.50	14:28:00	00061260747TRLO0	LSE
1188	290.00	14:30:01	00061261094TRLO0	LSE
1308	290.00	14:30:01	00061261093TRLO0	LSE
600	290.00	14:30:01	00061261092TRLO0	LSE
755	290.00	14:30:01	00061261095TRLO0	LSE
994	290.00	14:30:01	00061261099TRLO0	LSE
810	290.00	14:30:12	00061261192TRLO0	LSE
1912	289.50	14:32:21	00061261823TRLO0	LSE
538	288.50	14:37:42	00061262489TRLO0	LSE
1226	288.50	14:37:42	00061262488TRLO0	LSE
1646	293.00	14:50:33	00061264248TRLO0	LSE
1598	293.00	14:50:33	00061264247TRLO0	LSE
1572	294.00	15:02:11	00061265767TRLO0	LSE
2066	294.00	15:02:11	00061265768TRLO0	LSE
1908	294.00	15:10:13	00061266491TRLO0	LSE
1580	294.00	15:10:13	00061266490TRLO0	LSE
1716	294.00	15:10:13	00061266492TRLO0	LSE
1512	294.00	15:15:56	00061266992TRLO0	LSE
360	294.00	15:15:56	00061266991TRLO0	LSE
1395	296.00	15:32:00	00061268137TRLO0	LSE
20	296.00	15:32:00	00061268138TRLO0	LSE
218	296.00	15:32:00	00061268139TRLO0	LSE
1789	296.00	15:32:00	00061268140TRLO0	LSE
45	296.00	15:33:42	00061268278TRLO0	LSE
600	296.00	15:33:42	00061268279TRLO0	LSE
979	296.00	15:33:42	00061268280TRLO0	LSE
369	296.00	15:33:42	00061268281TRLO0	LSE
228	296.00	15:33:42	00061268282TRLO0	LSE
1177	296.00	15:33:43	00061268283TRLO0	LSE
1733	297.00	15:44:33	00061269097TRLO0	LSE
1800	297.50	15:44:33	00061269095TRLO0	LSE
30	297.50	15:44:33	00061269096TRLO0	LSE
1315	297.50	15:50:06	00061269812TRLO0	LSE
449	297.50	15:50:06	00061269813TRLO0	LSE
322	297.00	15:50:12	00061269831TRLO0	LSE
842	297.00	15:53:14	00061270145TRLO0	LSE
600	297.00	15:53:14	00061270144TRLO0	LSE
1582	297.00	15:53:14	00061270146TRLO0	LSE
1255	296.50	16:00:17	00061270832TRLO0	LSE
1875	296.50	16:00:17	00061270834TRLO0	LSE
340	296.50	16:00:17	00061270833TRLO0	LSE
1246	297.00	16:00:17	00061270838TRLO0	LSE
61	297.00	16:00:17	00061270837TRLO0	LSE
575	297.00	16:00:17	00061270836TRLO0	LSE
560	297.00	16:00:17	00061270835TRLO0	LSE
114	298.00	16:13:33	00061272051TRLO0	LSE
288	298.00	16:13:33	00061272052TRLO0	LSE
5	298.00	16:13:33	00061272053TRLO0	LSE
1250	298.00	16:14:03	00061272112TRLO0	LSE
417	298.00	16:14:03	00061272113TRLO0	LSE
1200	298.00	16:15:03	00061272212TRLO0	LSE
663	298.00	16:15:03	00061272213TRLO0	LSE
1832	298.50	16:20:14	00061272891TRLO0	LSE
83	298.50	16:20:14	00061272892TRLO0	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