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

5 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 2 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	:  73,297
Weighted average purchase price paid	:  320.1171 pence per share
Highest purchase price paid	:  324.5 pence per share
Lowest purchase price paid	:  314.5 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 9,274,281 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 236,817,142, 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 2 September 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
2038	315.00	08:12:20	00060807363TRLO0	LSE
24	315.50	08:12:20	00060807364TRLO0	LSE
1069	315.50	08:12:20	00060807365TRLO0	LSE
777	315.50	08:12:20	00060807366TRLO0	LSE
1765	316.00	08:13:06	00060807420TRLO0	LSE
1626	315.50	08:13:22	00060807430TRLO0	LSE
934	315.00	08:14:04	00060807468TRLO0	LSE
753	315.00	08:14:04	00060807469TRLO0	LSE
1794	315.00	08:14:04	00060807470TRLO0	LSE
731	314.50	08:15:35	00060807543TRLO0	LSE
900	314.50	08:15:35	00060807544TRLO0	LSE
1796	317.50	08:35:00	00060808741TRLO0	LSE
1800	317.50	08:37:23	00060808881TRLO0	LSE
118	317.50	08:37:23	00060808882TRLO0	LSE
1729	317.50	08:37:23	00060808883TRLO0	LSE
373	317.50	08:37:23	00060808884TRLO0	LSE
1512	317.50	08:37:23	00060808885TRLO0	LSE
776	317.50	08:46:33	00060809777TRLO0	LSE
970	317.50	08:46:33	00060809778TRLO0	LSE
327	318.00	10:01:42	00060813369TRLO0	LSE
1326	318.00	10:01:42	00060813370TRLO0	LSE
1496	318.00	10:01:42	00060813371TRLO0	LSE
50	318.00	10:01:42	00060813372TRLO0	LSE
1787	319.00	10:20:39	00060814135TRLO0	LSE
19	321.00	10:52:22	00060815465TRLO0	LSE
442	321.50	10:52:22	00060815466TRLO0	LSE
390	321.50	10:52:22	00060815467TRLO0	LSE
1800	321.50	10:52:22	00060815468TRLO0	LSE
22	321.50	10:52:22	00060815469TRLO0	LSE
166	321.50	10:52:57	00060815499TRLO0	LSE
1765	321.50	10:53:16	00060815532TRLO0	LSE
1570	321.50	10:53:47	00060815548TRLO0	LSE
1672	320.50	11:35:04	00060817063TRLO0	LSE
1704	320.00	11:35:04	00060817064TRLO0	LSE
1805	319.00	12:04:29	00060818124TRLO0	LSE
1749	319.00	12:52:22	00060820676TRLO0	LSE
332	323.50	13:37:09	00060822980TRLO0	LSE
456	323.50	13:37:09	00060822981TRLO0	LSE
764	324.50	13:37:35	00060823029TRLO0	LSE
405	324.50	13:37:35	00060823031TRLO0	LSE
330	324.50	13:37:35	00060823033TRLO0	LSE
1206	324.50	13:40:50	00060823208TRLO0	LSE
653	324.50	13:40:50	00060823209TRLO0	LSE
1261	324.00	13:45:02	00060823422TRLO0	LSE
932	324.00	13:45:02	00060823423TRLO0	LSE
1546	324.00	13:45:02	00060823424TRLO0	LSE
425	321.50	13:45:10	00060823428TRLO0	LSE
1234	321.50	13:45:10	00060823429TRLO0	LSE
1744	322.00	14:01:52	00060824050TRLO0	LSE
589	321.50	14:08:50	00060824234TRLO0	LSE
33	321.50	14:08:50	00060824235TRLO0	LSE
1135	321.50	14:34:50	00060825377TRLO0	LSE
637	321.50	14:34:50	00060825378TRLO0	LSE
327	321.50	14:34:50	00060825379TRLO0	LSE
630	321.50	14:34:50	00060825380TRLO0	LSE
900	321.50	14:37:04	00060825492TRLO0	LSE
900	321.50	14:37:04	00060825493TRLO0	LSE
3	321.50	14:37:04	00060825494TRLO0	LSE
1550	320.00	14:41:22	00060825687TRLO0	LSE
3	320.00	14:41:22	00060825698TRLO0	LSE
1310	321.00	15:02:31	00060826771TRLO0	LSE
580	321.00	15:02:31	00060826772TRLO0	LSE
900	323.00	15:18:05	00060827465TRLO0	LSE
866	323.00	15:18:05	00060827466TRLO0	LSE
1497	322.50	15:19:36	00060827490TRLO0	LSE
59	322.50	15:19:36	00060827492TRLO0	LSE
1847	322.50	15:19:36	00060827493TRLO0	LSE
1827	322.50	15:23:36	00060827720TRLO0	LSE
1857	323.50	15:43:26	00060828882TRLO0	LSE
40	323.50	15:43:26	00060828883TRLO0	LSE
55	323.50	15:49:30	00060829464TRLO0	LSE
1769	323.50	15:49:30	00060829465TRLO0	LSE
193	324.00	15:52:30	00060829604TRLO0	LSE
550	324.00	15:52:30	00060829605TRLO0	LSE
304	324.00	15:52:30	00060829606TRLO0	LSE
644	324.00	15:52:30	00060829607TRLO0	LSE
167	324.00	15:58:30	00060829894TRLO0	LSE
79	324.00	15:58:30	00060829895TRLO0	LSE
327	324.00	15:58:30	00060829896TRLO0	LSE
644	324.00	15:59:15	00060829924TRLO0	LSE
193	324.00	15:59:15	00060829925TRLO0	LSE
19	323.00	15:59:55	00060829952TRLO0	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