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

4 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 3 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	:  77,687
Weighted average purchase price paid	:  293.5342 pence per share
Highest purchase price paid	:  298 pence per share
Lowest purchase price paid	:  287.5 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 11,614,719 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 234,476,704 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 3 October 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
411	288.50	08:09:50	00061352449TRLO0	LSE
158	288.00	08:11:01	00061352537TRLO0	LSE
2435	288.00	08:11:01	00061352538TRLO0	LSE
20	287.50	08:11:41	00061352594TRLO0	LSE
1027	287.50	08:11:54	00061352617TRLO0	LSE
700	287.50	08:11:54	00061352618TRLO0	LSE
92	287.50	08:11:54	00061352619TRLO0	LSE
327	287.50	08:11:54	00061352620TRLO0	LSE
2005	289.50	08:29:37	00061353668TRLO0	LSE
305	290.50	08:33:17	00061353914TRLO0	LSE
1703	290.00	08:33:27	00061353936TRLO0	LSE
1124	290.00	08:33:27	00061353937TRLO0	LSE
644	290.00	08:33:27	00061353938TRLO0	LSE
303	289.50	08:37:13	00061354145TRLO0	LSE
1670	289.50	08:37:13	00061354146TRLO0	LSE
1948	290.50	08:54:12	00061355426TRLO0	LSE
135	291.50	09:00:33	00061355671TRLO0	LSE
1535	291.50	09:00:33	00061355672TRLO0	LSE
2031	291.50	09:00:33	00061355673TRLO0	LSE
441	291.50	09:00:33	00061355674TRLO0	LSE
644	291.50	09:00:33	00061355675TRLO0	LSE
781	291.50	09:00:33	00061355676TRLO0	LSE
1933	291.00	09:02:15	00061355736TRLO0	LSE
1996	290.50	09:05:06	00061355875TRLO0	LSE
1424	290.50	09:18:35	00061356293TRLO0	LSE
324	290.50	09:18:35	00061356294TRLO0	LSE
128	291.00	09:35:44	00061356767TRLO0	LSE
1830	291.00	09:35:44	00061356768TRLO0	LSE
909	291.50	10:01:15	00061357721TRLO0	LSE
1857	291.00	10:07:13	00061357901TRLO0	LSE
1789	291.00	10:07:13	00061357902TRLO0	LSE
405	293.00	14:15:43	00061365581TRLO0	LSE
6	293.00	14:15:43	00061365582TRLO0	LSE
41	293.00	14:15:43	00061365583TRLO0	LSE
1644	293.00	14:15:43	00061365584TRLO0	LSE
550	293.00	14:15:43	00061365585TRLO0	LSE
810	293.00	14:15:43	00061365586TRLO0	LSE
551	292.50	14:30:34	00061366292TRLO0	LSE
382	292.50	14:30:34	00061366293TRLO0	LSE
19	293.00	14:31:14	00061366346TRLO0	LSE
33	293.00	14:31:14	00061366347TRLO0	LSE
563	293.00	14:32:37	00061366477TRLO0	LSE
37	293.00	14:32:37	00061366478TRLO0	LSE
466	293.00	14:32:39	00061366487TRLO0	LSE
373	293.00	14:32:53	00061366512TRLO0	LSE
484	293.00	14:32:53	00061366513TRLO0	LSE
454	294.00	14:47:23	00061367779TRLO0	LSE
1914	294.00	14:48:08	00061367838TRLO0	LSE
1212	294.00	14:52:25	00061368143TRLO0	LSE
660	293.50	14:52:28	00061368145TRLO0	LSE
192	293.50	14:52:32	00061368151TRLO0	LSE
840	293.50	14:52:53	00061368201TRLO0	LSE
166	293.50	14:52:53	00061368202TRLO0	LSE
200	293.50	14:52:53	00061368203TRLO0	LSE
1389	293.50	14:52:53	00061368204TRLO0	LSE
14	294.50	15:02:03	00061368869TRLO0	LSE
6	294.50	15:02:03	00061368870TRLO0	LSE
12	294.50	15:02:07	00061368888TRLO0	LSE
641	295.50	15:16:03	00061369834TRLO0	LSE
891	295.50	15:16:03	00061369835TRLO0	LSE
227	295.50	15:16:03	00061369836TRLO0	LSE
1587	295.50	15:16:03	00061369837TRLO0	LSE
169	295.50	15:16:03	00061369838TRLO0	LSE
225	295.50	15:16:03	00061369839TRLO0	LSE
123	295.50	15:16:03	00061369840TRLO0	LSE
158	295.50	15:16:03	00061369841TRLO0	LSE
143	295.50	15:16:03	00061369842TRLO0	LSE
1287	295.50	15:16:03	00061369843TRLO0	LSE
936	297.00	15:28:45	00061370365TRLO0	LSE
700	297.00	15:28:45	00061370366TRLO0	LSE
191	297.00	15:28:45	00061370367TRLO0	LSE
1209	297.00	15:28:45	00061370368TRLO0	LSE
621	297.00	15:28:45	00061370369TRLO0	LSE
764	297.00	15:32:31	00061370553TRLO0	LSE
571	297.00	15:32:31	00061370554TRLO0	LSE
1838	297.50	15:41:07	00061370886TRLO0	LSE
2305	297.50	15:41:07	00061370887TRLO0	LSE
2151	297.00	15:43:07	00061371006TRLO0	LSE
302	296.00	15:49:12	00061371229TRLO0	LSE
700	297.00	16:00:02	00061371611TRLO0	LSE
1300	297.00	16:00:02	00061371612TRLO0	LSE
408	297.00	16:01:05	00061371663TRLO0	LSE
1264	297.00	16:01:05	00061371664TRLO0	LSE
31	297.00	16:03:05	00061371781TRLO0	LSE
16	297.50	16:06:04	00061371939TRLO0	LSE
552	297.50	16:06:04	00061371940TRLO0	LSE
64	297.50	16:06:05	00061371942TRLO0	LSE
626	297.50	16:12:48	00061372197TRLO0	LSE
863	297.50	16:12:48	00061372198TRLO0	LSE
1237	297.50	16:12:48	00061372199TRLO0	LSE
280	297.50	16:12:48	00061372200TRLO0	LSE
1046	297.50	16:12:48	00061372201TRLO0	LSE
1400	297.50	16:12:48	00061372202TRLO0	LSE
700	297.50	16:12:48	00061372203TRLO0	LSE
352	297.50	16:12:48	00061372204TRLO0	LSE
1938	298.00	16:15:05	00061372353TRLO0	LSE
269	298.00	16:15:12	00061372358TRLO0	LSE
566	298.00	16:15:12	00061372359TRLO0	LSE
567	298.00	16:20:39	00061372622TRLO0	LSE
269	298.00	16:21:34	00061372694TRLO0	LSE
148	298.00	16:24:34	00061372890TRLO0	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