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

30 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 29 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 :  156,620
Weighted average purchase price paid :  284.6488 pence per share
Highest purchase price paid :  292 pence per share
Lowest purchase price paid :  278.5 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 11,287,032 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 234,804,391 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 29 September 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
2647 292.00  08:10:13 00061275701TRLO0 LSE
1087 291.50  08:13:18 00061275942TRLO0 LSE
834 291.50  08:13:18 00061275941TRLO0 LSE
1163 290.50  08:20:25 00061276423TRLO0 LSE
600 290.50  08:20:25 00061276422TRLO0 LSE
701 289.50  08:32:07 00061277112TRLO0 LSE
1233 289.50  08:32:07 00061277113TRLO0 LSE
1878 288.50  08:39:06 00061277577TRLO0 LSE
1871 289.00  08:44:38 00061277832TRLO0 LSE
739 288.50  08:45:26 00061277972TRLO0 LSE
600 288.50  08:45:26 00061277971TRLO0 LSE
600 288.50  08:45:26 00061277970TRLO0 LSE
231 287.50  09:00:23 00061279420TRLO0 LSE
1589 287.50  09:00:23 00061279419TRLO0 LSE
1939 288.50  09:14:52 00061280770TRLO0 LSE
623 289.00  09:21:44 00061281282TRLO0 LSE
468 288.50  09:23:52 00061281417TRLO0 LSE
1981 287.50  09:25:01 00061281499TRLO0 LSE
368 286.50  09:38:03 00061282141TRLO0 LSE
166 286.50  09:38:06 00061282145TRLO0 LSE
177 286.50  09:39:54 00061282219TRLO0 LSE
1123 286.50  09:40:03 00061282228TRLO0 LSE
121 286.50  09:40:03 00061282227TRLO0 LSE
61 286.50  09:40:03 00061282226TRLO0 LSE
1185 287.00  09:48:10 00061282699TRLO0 LSE
329 287.00  09:48:10 00061282698TRLO0 LSE
1757 287.00  09:52:21 00061282801TRLO0 LSE
426 287.00  09:52:21 00061282800TRLO0 LSE
266 286.50  09:59:09 00061283076TRLO0 LSE
1460 286.50  09:59:09 00061283075TRLO0 LSE
182 286.00  10:18:22 00061284250TRLO0 LSE
600 286.00  10:18:22 00061284249TRLO0 LSE
634 286.00  10:18:22 00061284248TRLO0 LSE
504 286.00  10:18:22 00061284247TRLO0 LSE
532 286.00  10:47:04 00061285623TRLO0 LSE
468 286.00  10:49:45 00061285824TRLO0 LSE
490 286.00  10:49:45 00061285825TRLO0 LSE
601 286.50  11:09:01 00061287079TRLO0 LSE
340 286.50  11:09:01 00061287078TRLO0 LSE
365 286.50  11:09:01 00061287077TRLO0 LSE
531 286.50  11:09:01 00061287076TRLO0 LSE
1841 285.50  11:09:01 00061287080TRLO0 LSE
25000 285.50  11:09:01 00061287085TRLO0 LSE
1330 285.50  11:09:01 00061287082TRLO0 LSE
669 285.50  11:09:01 00061287081TRLO0 LSE
503 285.50  11:09:01 00061287084TRLO0 LSE
190 285.50  11:09:01 00061287083TRLO0 LSE
615 286.00  11:25:56 00061287948TRLO0 LSE
365 286.00  11:26:01 00061287966TRLO0 LSE
411 286.00  11:26:01 00061287965TRLO0 LSE
1187 286.00  11:26:01 00061287964TRLO0 LSE
57 286.00  11:26:01 00061287963TRLO0 LSE
4 286.00  12:08:51 00061290329TRLO0 LSE
287 286.00  12:10:30 00061290418TRLO0 LSE
1647 286.00  12:10:30 00061290417TRLO0 LSE
73 286.00  12:11:23 00061290432TRLO0 LSE
1104 286.50  12:21:54 00061290860TRLO0 LSE
208 286.50  12:29:45 00061291282TRLO0 LSE
1700 286.50  12:29:45 00061291281TRLO0 LSE
1782 287.00  12:31:30 00061291391TRLO0 LSE
95 287.00  12:31:30 00061291390TRLO0 LSE
33 287.00  12:31:30 00061291389TRLO0 LSE
1724 286.50  12:35:44 00061291612TRLO0 LSE
108 286.00  12:54:12 00061292677TRLO0 LSE
329 286.00  12:54:12 00061292676TRLO0 LSE
860 286.00  12:56:02 00061292781TRLO0 LSE
623 286.00  12:56:02 00061292780TRLO0 LSE
1884 285.00  13:15:44 00061294448TRLO0 LSE
669 285.50  13:33:13 00061295819TRLO0 LSE
1752 285.00  13:36:21 00061296190TRLO0 LSE
1640 285.00  13:36:21 00061296189TRLO0 LSE
1794 285.50  13:46:27 00061297072TRLO0 LSE
669 286.00  14:05:41 00061298765TRLO0 LSE
608 286.00  14:05:41 00061298764TRLO0 LSE
570 286.00  14:13:18 00061299253TRLO0 LSE
184 286.00  14:13:41 00061299294TRLO0 LSE
765 286.00  14:13:41 00061299293TRLO0 LSE
68 286.00  14:13:41 00061299290TRLO0 LSE
577 286.00  14:24:41 00061299846TRLO0 LSE
1200 286.00  14:24:41 00061299845TRLO0 LSE
1564 286.00  14:34:27 00061300761TRLO0 LSE
600 286.00  14:34:27 00061300765TRLO0 LSE
313 286.00  14:34:27 00061300764TRLO0 LSE
729 286.00  14:34:27 00061300763TRLO0 LSE
160 286.00  14:34:27 00061300762TRLO0 LSE
1208 285.50  14:37:02 00061301147TRLO0 LSE
668 285.50  14:37:02 00061301146TRLO0 LSE
1351 285.00  14:40:42 00061301721TRLO0 LSE
2004 285.00  14:41:13 00061301852TRLO0 LSE
600 285.00  14:41:13 00061301851TRLO0 LSE
1674 283.50  14:48:10 00061302919TRLO0 LSE
1967 284.50  14:57:15 00061303644TRLO0 LSE
1757 283.50  15:03:02 00061304553TRLO0 LSE
34 283.50  15:07:02 00061305365TRLO0 LSE
571 283.50  15:07:02 00061305368TRLO0 LSE
571 283.50  15:07:02 00061305367TRLO0 LSE
571 283.50  15:07:02 00061305366TRLO0 LSE
180 283.50  15:07:02 00061305370TRLO0 LSE
91 283.50  15:07:02 00061305369TRLO0 LSE
1911 281.00  15:13:43 00061306204TRLO0 LSE
1918 280.00  15:26:00 00061307591TRLO0 LSE
205 280.00  15:30:00 00061308080TRLO0 LSE
1159 280.00  15:30:00 00061308079TRLO0 LSE
232 279.00  15:34:18 00061308724TRLO0 LSE
623 279.00  15:34:18 00061308723TRLO0 LSE
373 279.00  15:34:18 00061308722TRLO0 LSE
3 279.00  15:34:18 00061308721TRLO0 LSE
310 278.50  15:45:18 00061310602TRLO0 LSE
1326 278.50  15:45:18 00061310601TRLO0 LSE
1674 278.50  15:45:18 00061310600TRLO0 LSE
120 278.50  15:45:18 00061310599TRLO0 LSE
10 279.50  15:57:49 00061312140TRLO0 LSE
576 280.50  16:01:07 00061312518TRLO0 LSE
693 280.50  16:01:08 00061312519TRLO0 LSE
494 280.50  16:01:09 00061312520TRLO0 LSE
852 282.00  16:04:15 00061312870TRLO0 LSE
988 282.00  16:04:15 00061312869TRLO0 LSE
263 282.00  16:05:48 00061313032TRLO0 LSE
2000 282.00  16:05:48 00061313031TRLO0 LSE
1782 282.00  16:08:04 00061313373TRLO0 LSE
1039 282.00  16:12:22 00061313890TRLO0 LSE
336 281.50  16:13:22 00061314025TRLO0 LSE
600 281.50  16:13:22 00061314026TRLO0 LSE
6395 281.50  16:13:22 00061314027TRLO0 LSE
221 281.50  16:13:31 00061314053TRLO0 LSE
2944 281.50  16:13:31 00061314054TRLO0 LSE
2643 281.50  16:13:32 00061314056TRLO0 LSE
1747 281.50  16:13:32 00061314057TRLO0 LSE
2643 281.50  16:13:32 00061314058TRLO0 LSE
1266 281.50  16:13:32 00061314059TRLO0 LSE
600 281.50  16:13:32 00061314060TRLO0 LSE
2643 281.50  16:13:32 00061314062TRLO0 LSE
2962 281.50  16:13:32 00061314063TRLO0 LSE
866 281.00  16:16:44 00061314467TRLO0 LSE
120 281.00  16:16:50 00061314507TRLO0 LSE
121 281.00  16:17:51 00061314603TRLO0 LSE
134 281.00  16:18:45 00061314698TRLO0 LSE
1600 281.50  16:18:56 00061314708TRLO0 LSE
625 281.50  16:18:56 00061314707TRLO0 LSE
852 281.50  16:18:56 00061314706TRLO0 LSE
837 281.50  16:18:56 00061314705TRLO0 LSE
1396 281.50  16:20:05 00061314886TRLO0 LSE
600 281.50  16:20:39 00061314948TRLO0 LSE
123 281.50  16:21:00 00061314991TRLO0 LSE
123 281.50  16:21:00 00061314992TRLO0 LSE
343 281.50  16:23:35 00061315428TRLO0 LSE
121 281.50  16:25:17 00061315803TRLO0 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    +44 (0) 207 466 5000

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

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