Transaction in Own Shares

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 26 July 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	:  80,000
Weighted average purchase price paid	:  372.4633 pence per share
Highest purchase price paid	:  375 pence per share
Lowest purchase price paid	:  370.5 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 6,696,189 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 239,395,234, 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 July 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
121	371.50	08:15:55	00060214505TRLO0	LSE
946	371.50	08:15:55	00060214508TRLO0	LSE
600	371.50	08:15:55	00060214507TRLO0	LSE
600	371.50	08:15:55	00060214506TRLO0	LSE
222	374.00	08:40:22	00060216110TRLO0	LSE
566	374.00	08:40:22	00060216111TRLO0	LSE
1234	374.00	08:40:22	00060216112TRLO0	LSE
2005	374.00	10:01:31	00060219925TRLO0	LSE
600	374.00	10:01:31	00060219927TRLO0	LSE
1150	374.00	10:01:31	00060219928TRLO0	LSE
212	374.00	10:11:15	00060220330TRLO0	LSE
700	374.00	10:11:15	00060220333TRLO0	LSE
1046	374.00	10:11:15	00060220334TRLO0	LSE
38	374.00	10:11:15	00060220335TRLO0	LSE
1990	375.00	11:00:39	00060222491TRLO0	LSE
1591	374.50	11:06:47	00060222699TRLO0	LSE
600	374.50	11:06:47	00060222698TRLO0	LSE
1140	374.00	11:21:42	00060223275TRLO0	LSE
768	374.00	11:21:42	00060223276TRLO0	LSE
69	373.50	12:19:03	00060225402TRLO0	LSE
669	373.50	12:19:08	00060225408TRLO0	LSE
56	373.50	12:19:08	00060225410TRLO0	LSE
862	373.50	12:19:08	00060225409TRLO0	LSE
215	373.50	12:54:35	00060226759TRLO0	LSE
6	373.50	13:10:02	00060227499TRLO0	LSE
266	373.50	13:10:02	00060227500TRLO0	LSE
599	373.50	13:16:42	00060227937TRLO0	LSE
202	373.50	13:16:42	00060227936TRLO0	LSE
443	373.50	13:16:42	00060227935TRLO0	LSE
600	373.50	13:16:42	00060227934TRLO0	LSE
669	373.50	13:16:42	00060227933TRLO0	LSE
339	373.50	13:16:42	00060227940TRLO0	LSE
688	373.50	13:16:42	00060227939TRLO0	LSE
266	373.50	13:16:42	00060227938TRLO0	LSE
526	373.50	13:16:58	00060227957TRLO0	LSE
28	373.50	13:16:58	00060227956TRLO0	LSE
700	373.50	13:18:52	00060228018TRLO0	LSE
332	373.50	13:19:52	00060228085TRLO0	LSE
700	373.50	13:19:52	00060228084TRLO0	LSE
700	373.00	13:19:53	00060228086TRLO0	LSE
700	373.00	13:19:53	00060228087TRLO0	LSE
118	372.50	13:56:53	00060229450TRLO0	LSE
600	372.50	13:56:53	00060229449TRLO0	LSE
1550	372.50	13:56:53	00060229448TRLO0	LSE
376	372.50	13:57:08	00060229457TRLO0	LSE
832	372.50	13:57:08	00060229456TRLO0	LSE
485	372.00	14:00:17	00060229602TRLO0	LSE
2218	371.50	14:00:25	00060229674TRLO0	LSE
243	371.50	14:09:43	00060230245TRLO0	LSE
1200	371.50	14:09:43	00060230244TRLO0	LSE
808	371.50	14:09:43	00060230243TRLO0	LSE
2086	371.50	14:27:58	00060231214TRLO0	LSE
1569	371.00	14:31:11	00060231454TRLO0	LSE
600	371.00	14:31:11	00060231453TRLO0	LSE
28	371.50	14:46:18	00060232505TRLO0	LSE
539	371.50	14:46:18	00060232504TRLO0	LSE
700	371.50	14:46:18	00060232503TRLO0	LSE
1907	371.00	14:46:40	00060232513TRLO0	LSE
1378	370.50	14:47:17	00060232537TRLO0	LSE
787	370.50	14:47:17	00060232536TRLO0	LSE
700	372.50	14:51:15	00060232729TRLO0	LSE
103	372.50	14:51:15	00060232732TRLO0	LSE
312	372.50	14:51:15	00060232731TRLO0	LSE
700	372.50	14:51:15	00060232730TRLO0	LSE
6	372.50	14:51:15	00060232733TRLO0	LSE
4387	372.50	14:51:17	00060232734TRLO0	LSE
964	372.50	14:51:59	00060232780TRLO0	LSE
700	372.50	14:51:59	00060232779TRLO0	LSE
700	372.50	14:53:05	00060232815TRLO0	LSE
700	372.50	14:53:05	00060232816TRLO0	LSE
225	372.50	14:53:05	00060232818TRLO0	LSE
700	372.50	14:53:05	00060232817TRLO0	LSE
501	372.50	14:55:50	00060232928TRLO0	LSE
160	372.00	15:04:17	00060233643TRLO0	LSE
515	373.00	15:05:09	00060233783TRLO0	LSE
664	373.00	15:05:09	00060233782TRLO0	LSE
988	373.00	15:05:09	00060233781TRLO0	LSE
481	373.00	15:05:09	00060233780TRLO0	LSE
488	373.00	15:05:09	00060233779TRLO0	LSE
1613	372.00	15:14:29	00060234373TRLO0	LSE
160	372.00	15:14:29	00060234372TRLO0	LSE
2062	372.00	15:14:29	00060234374TRLO0	LSE
393	371.50	15:19:18	00060234693TRLO0	LSE
673	371.50	15:21:02	00060234914TRLO0	LSE
560	371.50	15:22:20	00060235029TRLO0	LSE
406	371.50	15:23:26	00060235101TRLO0	LSE
590	371.50	15:25:44	00060235278TRLO0	LSE
256	371.50	15:25:44	00060235277TRLO0	LSE
1200	371.50	15:25:44	00060235276TRLO0	LSE
194	371.50	15:25:44	00060235275TRLO0	LSE
700	372.50	15:34:09	00060235773TRLO0	LSE
1024	372.50	15:34:09	00060235772TRLO0	LSE
426	371.50	15:40:39	00060236120TRLO0	LSE
551	371.50	15:43:51	00060236376TRLO0	LSE
528	371.50	15:47:21	00060236631TRLO0	LSE
544	371.50	15:51:15	00060236979TRLO0	LSE
2252	371.50	15:51:15	00060236981TRLO0	LSE
119	371.50	15:51:15	00060236980TRLO0	LSE
1829	371.50	16:05:57	00060237971TRLO0	LSE
1910	371.50	16:05:57	00060237970TRLO0	LSE
1025	372.00	16:07:31	00060238064TRLO0	LSE
106	372.00	16:16:12	00060238572TRLO0	LSE
1796	372.00	16:16:12	00060238573TRLO0	LSE
888	372.00	16:16:12	00060238574TRLO0	LSE
413	372.00	16:16:21	00060238588TRLO0	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/Tilly Abraham  [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