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

7 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 6 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	:  110,000
Weighted average purchase price paid	:  321.6864 pence per share
Highest purchase price paid	:  325.5 pence per share
Lowest purchase price paid	:  317.5 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 9,494,281 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 236,597,142, 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 6 September 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
294	324.00	08:11:51	00060850538TRLO0	LSE
82	324.00	08:12:29	00060850565TRLO0	LSE
82	324.00	08:12:36	00060850567TRLO0	LSE
55	324.00	08:12:42	00060850573TRLO0	LSE
547	324.00	08:12:52	00060850576TRLO0	LSE
328	324.00	08:12:56	00060850580TRLO0	LSE
82	324.00	08:13:08	00060850595TRLO0	LSE
82	324.00	08:13:14	00060850603TRLO0	LSE
327	324.00	08:13:34	00060850625TRLO0	LSE
547	323.50	08:14:53	00060850675TRLO0	LSE
851	323.50	08:14:53	00060850676TRLO0	LSE
484	323.50	08:14:53	00060850677TRLO0	LSE
1885	323.00	08:17:48	00060850804TRLO0	LSE
64	322.50	08:18:18	00060850855TRLO0	LSE
1683	324.50	08:20:18	00060850953TRLO0	LSE
164	325.50	08:23:24	00060851099TRLO0	LSE
1614	325.50	08:23:24	00060851100TRLO0	LSE
1388	325.50	08:23:24	00060851101TRLO0	LSE
2085	324.50	08:23:47	00060851134TRLO0	LSE
168	324.00	08:25:49	00060851224TRLO0	LSE
1408	324.00	08:25:49	00060851225TRLO0	LSE
939	323.00	08:25:55	00060851238TRLO0	LSE
683	323.00	08:30:03	00060851436TRLO0	LSE
340	323.00	08:31:27	00060851499TRLO0	LSE
1764	323.00	08:31:27	00060851500TRLO0	LSE
389	323.00	08:31:27	00060851502TRLO0	LSE
1245	323.00	08:31:27	00060851503TRLO0	LSE
1548	322.50	08:34:48	00060851589TRLO0	LSE
1700	322.50	08:42:21	00060851836TRLO0	LSE
328	322.00	08:48:19	00060852141TRLO0	LSE
527	322.00	08:48:19	00060852142TRLO0	LSE
1333	319.50	08:55:15	00060852478TRLO0	LSE
359	319.50	08:55:15	00060852479TRLO0	LSE
1643	319.50	10:12:13	00060854449TRLO0	LSE
1689	317.50	10:12:49	00060854462TRLO0	LSE
1717	318.50	10:55:37	00060856028TRLO0	LSE
2807	318.50	10:55:37	00060856029TRLO0	LSE
1721	320.00	11:54:25	00060858371TRLO0	LSE
517	320.00	11:54:25	00060858372TRLO0	LSE
11	320.00	12:00:28	00060858600TRLO0	LSE
490	320.00	12:10:25	00060858783TRLO0	LSE
2	320.00	12:22:23	00060859019TRLO0	LSE
40	320.50	12:31:10	00060859222TRLO0	LSE
2000	320.50	12:31:10	00060859223TRLO0	LSE
1567	320.50	12:36:38	00060859376TRLO0	LSE
1793	320.50	12:36:38	00060859377TRLO0	LSE
168	322.00	13:00:34	00060859933TRLO0	LSE
282	323.00	13:09:22	00060860155TRLO0	LSE
142	323.50	13:21:01	00060860484TRLO0	LSE
252	323.50	13:21:01	00060860485TRLO0	LSE
179	323.50	13:21:01	00060860486TRLO0	LSE
278	323.50	13:21:01	00060860487TRLO0	LSE
459	323.50	13:21:01	00060860488TRLO0	LSE
511	323.50	13:21:01	00060860489TRLO0	LSE
2020	323.50	13:21:01	00060860490TRLO0	LSE
429	323.50	13:24:16	00060860573TRLO0	LSE
414	323.50	13:27:58	00060860656TRLO0	LSE
116	323.50	13:28:08	00060860657TRLO0	LSE
339	323.50	13:31:18	00060860730TRLO0	LSE
172	323.50	13:31:18	00060860731TRLO0	LSE
164	323.50	13:31:18	00060860732TRLO0	LSE
6	324.00	13:59:41	00060861481TRLO0	LSE
69	324.50	14:00:58	00060861523TRLO0	LSE
156	325.00	14:18:38	00060862084TRLO0	LSE
79	325.00	14:19:30	00060862115TRLO0	LSE
2700	325.00	14:26:00	00060862352TRLO0	LSE
1023	325.00	14:26:00	00060862353TRLO0	LSE
865	325.00	14:26:00	00060862354TRLO0	LSE
819	325.00	14:26:00	00060862355TRLO0	LSE
654	325.00	14:26:00	00060862356TRLO0	LSE
900	325.00	14:26:00	00060862357TRLO0	LSE
145	325.00	14:26:00	00060862358TRLO0	LSE
563	325.00	14:26:00	00060862359TRLO0	LSE
542	325.00	14:26:00	00060862360TRLO0	LSE
733	325.00	14:26:00	00060862361TRLO0	LSE
1211	324.50	14:26:03	00060862363TRLO0	LSE
1030	324.50	14:26:03	00060862364TRLO0	LSE
1731	324.00	14:26:03	00060862370TRLO0	LSE
195	323.50	14:30:00	00060862505TRLO0	LSE
1601	323.50	14:30:00	00060862506TRLO0	LSE
1556	323.00	14:39:56	00060863063TRLO0	LSE
482	322.50	14:39:56	00060863064TRLO0	LSE
900	322.50	14:39:56	00060863065TRLO0	LSE
299	322.50	14:39:56	00060863066TRLO0	LSE
14	321.50	14:40:23	00060863087TRLO0	LSE
489	321.50	14:43:53	00060863209TRLO0	LSE
502	321.50	14:53:11	00060863739TRLO0	LSE
920	321.50	14:53:11	00060863740TRLO0	LSE
1699	321.50	14:53:11	00060863741TRLO0	LSE
1731	321.00	15:01:55	00060864430TRLO0	LSE
1380	321.00	15:01:55	00060864431TRLO0	LSE
447	321.00	15:01:55	00060864432TRLO0	LSE
581	321.00	15:02:58	00060864541TRLO0	LSE
497	321.00	15:07:14	00060864834TRLO0	LSE
843	321.00	15:08:12	00060864876TRLO0	LSE
1668	321.00	15:08:12	00060864877TRLO0	LSE
1619	321.00	15:11:09	00060865086TRLO0	LSE
562	321.00	15:11:09	00060865087TRLO0	LSE
562	321.00	15:11:09	00060865088TRLO0	LSE
167	320.50	15:11:13	00060865095TRLO0	LSE
1065	320.50	15:11:13	00060865096TRLO0	LSE
650	320.50	15:11:13	00060865097TRLO0	LSE
530	319.50	15:20:54	00060866173TRLO0	LSE
1217	319.50	15:20:54	00060866174TRLO0	LSE
111	319.00	15:21:00	00060866176TRLO0	LSE
1694	319.00	15:23:07	00060866269TRLO0	LSE
481	319.00	15:29:04	00060866606TRLO0	LSE
36	319.00	15:29:04	00060866607TRLO0	LSE
33	319.00	15:29:04	00060866608TRLO0	LSE
354	319.00	15:30:48	00060866656TRLO0	LSE
382	319.00	15:34:18	00060866914TRLO0	LSE
146	319.00	15:34:18	00060866915TRLO0	LSE
384	319.00	15:37:10	00060867065TRLO0	LSE
1797	319.50	15:45:33	00060867563TRLO0	LSE
1801	319.50	15:45:33	00060867564TRLO0	LSE
404	319.50	15:45:46	00060867578TRLO0	LSE
407	319.50	15:45:46	00060867579TRLO0	LSE
18	319.50	15:45:46	00060867580TRLO0	LSE
120	319.50	15:45:58	00060867589TRLO0	LSE
32	319.50	15:45:58	00060867590TRLO0	LSE
411	319.50	15:45:58	00060867591TRLO0	LSE
31	319.00	15:45:58	00060867592TRLO0	LSE
924	319.00	15:45:58	00060867593TRLO0	LSE
745	319.00	15:45:58	00060867594TRLO0	LSE
1598	320.00	15:55:48	00060868037TRLO0	LSE
476	320.00	15:56:08	00060868042TRLO0	LSE
380	320.00	15:56:08	00060868043TRLO0	LSE
146	320.00	15:57:08	00060868069TRLO0	LSE
416	320.00	15:57:08	00060868070TRLO0	LSE
769	320.00	16:00:04	00060868292TRLO0	LSE
900	320.00	16:00:04	00060868293TRLO0	LSE
44	320.00	16:00:04	00060868294TRLO0	LSE
1891	320.00	16:04:04	00060868475TRLO0	LSE
500	319.50	16:06:17	00060868572TRLO0	LSE
492	319.50	16:11:38	00060868860TRLO0	LSE
844	320.00	16:13:07	00060868955TRLO0	LSE
497	320.50	16:13:08	00060868957TRLO0	LSE
114	320.50	16:13:08	00060868958TRLO0	LSE
704	320.50	16:13:08	00060868959TRLO0	LSE
1800	320.50	16:13:08	00060868960TRLO0	LSE
18	320.50	16:13:08	00060868961TRLO0	LSE
1635	320.50	16:14:08	00060868988TRLO0	LSE
534	320.50	16:14:28	00060869001TRLO0	LSE
680	320.50	16:14:28	00060869002TRLO0	LSE
342	320.50	16:14:28	00060869003TRLO0	LSE
755	320.00	16:17:42	00060869157TRLO0	LSE
98	320.00	16:17:42	00060869158TRLO0	LSE
970	320.00	16:17:42	00060869159TRLO0	LSE
387	320.00	16:17:42	00060869160TRLO0	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