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

28 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 28 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	:  90,000
Weighted average purchase price paid	:  332.0187 pence per share
Highest purchase price paid	:  334.5 pence per share
Lowest purchase price paid	:  327 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 13,626,303 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 232,465,120 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 October 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
2296	328.00	08:15:22	00061826181TRLO0	LSE
440	328.00	08:15:22	00061826180TRLO0	LSE
2345	327.00	08:26:59	00061826669TRLO0	LSE
915	331.50	08:36:59	00061827098TRLO0	LSE
408	332.50	08:37:29	00061827120TRLO0	LSE
67	332.50	08:37:29	00061827119TRLO0	LSE
1200	332.50	08:37:29	00061827118TRLO0	LSE
600	332.50	08:37:29	00061827117TRLO0	LSE
600	332.50	08:37:29	00061827116TRLO0	LSE
2300	332.00	08:38:06	00061827138TRLO0	LSE
2380	331.00	08:38:30	00061827140TRLO0	LSE
2057	330.50	08:39:39	00061827185TRLO0	LSE
1226	329.50	08:40:02	00061827203TRLO0	LSE
600	329.50	08:40:02	00061827202TRLO0	LSE
408	329.50	08:40:02	00061827201TRLO0	LSE
2949	332.00	10:07:33	00061831675TRLO0	LSE
618	332.00	10:07:49	00061831693TRLO0	LSE
395	332.00	10:07:49	00061831692TRLO0	LSE
1071	332.00	10:07:49	00061831691TRLO0	LSE
1030	332.00	10:07:49	00061831690TRLO0	LSE
290	332.00	10:07:49	00061831689TRLO0	LSE
106	332.00	10:07:49	00061831696TRLO0	LSE
326	332.00	10:07:49	00061831695TRLO0	LSE
600	332.00	10:07:49	00061831694TRLO0	LSE
1039	331.50	10:15:46	00061832119TRLO0	LSE
1091	331.50	10:15:46	00061832118TRLO0	LSE
873	330.50	10:37:15	00061832934TRLO0	LSE
578	331.00	11:15:47	00061835661TRLO0	LSE
600	331.00	11:15:47	00061835660TRLO0	LSE
600	331.00	11:15:47	00061835659TRLO0	LSE
600	331.00	11:15:47	00061835658TRLO0	LSE
597	330.50	11:15:47	00061835666TRLO0	LSE
622	330.50	11:15:47	00061835665TRLO0	LSE
768	330.50	11:15:47	00061835664TRLO0	LSE
189	330.50	11:15:47	00061835663TRLO0	LSE
910	330.50	11:15:47	00061835662TRLO0	LSE
296	331.00	12:06:31	00061837899TRLO0	LSE
641	330.50	12:09:19	00061838042TRLO0	LSE
600	330.50	12:09:19	00061838041TRLO0	LSE
250	330.50	12:09:19	00061838040TRLO0	LSE
441	330.50	12:09:19	00061838039TRLO0	LSE
539	332.00	12:34:12	00061839067TRLO0	LSE
348	332.00	12:34:12	00061839066TRLO0	LSE
2028	331.50	12:34:12	00061839068TRLO0	LSE
581	332.00	12:34:12	00061839070TRLO0	LSE
573	332.00	12:34:12	00061839069TRLO0	LSE
538	332.00	13:04:12	00061839956TRLO0	LSE
330	332.00	13:04:12	00061839959TRLO0	LSE
606	332.00	13:04:12	00061839958TRLO0	LSE
1170	332.00	13:04:12	00061839957TRLO0	LSE
77	331.50	13:27:54	00061840908TRLO0	LSE
143	331.00	13:27:54	00061840911TRLO0	LSE
1200	331.00	13:27:54	00061840910TRLO0	LSE
600	331.00	13:27:54	00061840909TRLO0	LSE
479	331.50	13:27:54	00061840915TRLO0	LSE
65	331.50	13:27:54	00061840914TRLO0	LSE
602	331.50	13:27:54	00061840913TRLO0	LSE
1161	331.50	13:27:54	00061840912TRLO0	LSE
970	331.50	13:29:32	00061840941TRLO0	LSE
582	332.50	13:35:01	00061842067TRLO0	LSE
1446	332.50	13:35:01	00061842066TRLO0	LSE
354	332.50	13:35:01	00061842065TRLO0	LSE
1141	332.50	13:35:01	00061842064TRLO0	LSE
230	332.50	13:35:01	00061842063TRLO0	LSE
249	332.50	13:35:01	00061842062TRLO0	LSE
1250	332.50	13:35:01	00061842069TRLO0	LSE
273	332.50	13:35:01	00061842068TRLO0	LSE
514	332.50	13:35:01	00061842070TRLO0	LSE
80	332.50	13:35:01	00061842071TRLO0	LSE
2136	332.00	13:47:56	00061842625TRLO0	LSE
40	332.00	13:47:56	00061842624TRLO0	LSE
490	333.50	14:13:52	00061843743TRLO0	LSE
541	333.50	14:13:52	00061843742TRLO0	LSE
901	333.50	14:13:52	00061843741TRLO0	LSE
346	333.50	14:14:22	00061843781TRLO0	LSE
997	333.50	14:14:22	00061843780TRLO0	LSE
106	333.00	14:24:35	00061844310TRLO0	LSE
1965	333.00	14:24:35	00061844309TRLO0	LSE
1607	333.00	14:24:35	00061844308TRLO0	LSE
566	333.00	14:24:35	00061844307TRLO0	LSE
22	333.00	14:24:35	00061844311TRLO0	LSE
1770	332.50	14:29:22	00061844619TRLO0	LSE
196	332.50	14:29:22	00061844618TRLO0	LSE
1961	334.00	14:43:36	00061846473TRLO0	LSE
1957	333.50	14:50:15	00061847464TRLO0	LSE
1950	333.50	14:50:15	00061847463TRLO0	LSE
1086	333.50	14:50:15	00061847466TRLO0	LSE
520	333.50	14:50:15	00061847465TRLO0	LSE
142	333.00	14:57:23	00061847716TRLO0	LSE
640	333.00	14:57:23	00061847715TRLO0	LSE
147	333.00	14:57:23	00061847718TRLO0	LSE
662	333.00	14:57:23	00061847717TRLO0	LSE
147	333.00	14:58:23	00061847740TRLO0	LSE
662	333.00	14:58:23	00061847739TRLO0	LSE
97	333.00	14:59:43	00061847812TRLO0	LSE
159	333.00	14:59:43	00061847814TRLO0	LSE
719	333.00	14:59:43	00061847813TRLO0	LSE
618	333.00	15:00:45	00061847901TRLO0	LSE
188	333.00	15:02:38	00061848060TRLO0	LSE
668	333.00	15:02:38	00061848059TRLO0	LSE
600	333.00	15:02:38	00061848061TRLO0	LSE
598	333.00	15:02:38	00061848062TRLO0	LSE
1200	332.50	15:10:59	00061848635TRLO0	LSE
660	332.50	15:10:59	00061848634TRLO0	LSE
415	332.50	15:10:59	00061848636TRLO0	LSE
1596	334.50	15:34:51	00061850212TRLO0	LSE
457	334.50	15:34:51	00061850211TRLO0	LSE
469	334.00	15:35:36	00061850268TRLO0	LSE
1414	334.00	15:35:36	00061850267TRLO0	LSE
148	334.00	15:35:36	00061850266TRLO0	LSE
450	334.00	16:06:40	00061852098TRLO0	LSE
1200	334.00	16:06:40	00061852097TRLO0	LSE
600	334.00	16:06:40	00061852096TRLO0	LSE
290	334.50	16:09:00	00061852221TRLO0	LSE
1800	334.50	16:12:00	00061852510TRLO0	LSE
46	334.50	16:12:00	00061852511TRLO0	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