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

1 November 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 1 November 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 :  90,407
Weighted average purchase price paid :  338.1406 pence per share
Highest purchase price paid :  341 pence per share
Lowest purchase price paid :  336 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 13,821,710 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 232,269,713 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 1 November 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
482 338.00  08:16:14 00061873361TRLO0 LSE
1092 338.00  08:16:14 00061873362TRLO0 LSE
448 338.00  08:16:14 00061873363TRLO0 LSE
460 337.50  08:17:04 00061873387TRLO0 LSE
1408 337.50  08:17:04 00061873388TRLO0 LSE
420 337.50  08:17:04 00061873389TRLO0 LSE
1500 337.00  08:47:16 00061874487TRLO0 LSE
480 337.00  08:47:16 00061874488TRLO0 LSE
160 336.00  10:23:42 00061877041TRLO0 LSE
399 336.00  10:31:30 00061877235TRLO0 LSE
562 336.00  10:31:30 00061877236TRLO0 LSE
1207 336.00  10:49:30 00061877645TRLO0 LSE
31 336.00  10:49:30 00061877646TRLO0 LSE
522 336.00  10:54:53 00061877848TRLO0 LSE
338 336.00  10:54:53 00061877849TRLO0 LSE
69 336.00  10:54:53 00061877850TRLO0 LSE
615 336.00  10:54:53 00061877851TRLO0 LSE
2132 337.50  11:14:57 00061878681TRLO0 LSE
2166 337.50  11:15:23 00061878695TRLO0 LSE
162 338.00  11:16:27 00061878832TRLO0 LSE
135 338.00  11:16:27 00061878834TRLO0 LSE
335 338.00  11:16:27 00061878836TRLO0 LSE
272 338.00  11:16:27 00061878838TRLO0 LSE
135 338.00  11:16:27 00061878840TRLO0 LSE
335 338.00  11:16:27 00061878841TRLO0 LSE
162 338.00  11:16:27 00061878842TRLO0 LSE
2115 337.50  11:16:27 00061878843TRLO0 LSE
2285 337.50  11:16:52 00061878936TRLO0 LSE
2250 337.50  11:18:26 00061879072TRLO0 LSE
184 337.50  11:27:26 00061879754TRLO0 LSE
467 337.50  11:27:26 00061879755TRLO0 LSE
441 338.50  11:31:15 00061880029TRLO0 LSE
500 338.50  11:31:15 00061880030TRLO0 LSE
1009 338.50  11:31:15 00061880031TRLO0 LSE
1950 338.00  11:32:21 00061880105TRLO0 LSE
571 338.50  11:32:21 00061880106TRLO0 LSE
27 338.50  11:32:21 00061880109TRLO0 LSE
2000 338.00  11:32:47 00061880174TRLO0 LSE
218 338.00  11:32:47 00061880175TRLO0 LSE
2088 338.00  11:32:52 00061880178TRLO0 LSE
244 338.00  11:32:52 00061880179TRLO0 LSE
2059 340.00  11:38:39 00061880454TRLO0 LSE
1746 339.50  11:41:14 00061880856TRLO0 LSE
635 339.50  11:41:14 00061880857TRLO0 LSE
492 341.00  12:24:11 00061882349TRLO0 LSE
118 341.00  12:24:11 00061882350TRLO0 LSE
1599 341.00  12:25:30 00061882371TRLO0 LSE
2231 340.50  12:28:42 00061882482TRLO0 LSE
1998 339.50  12:59:25 00061883575TRLO0 LSE
154 339.50  13:28:36 00061884321TRLO0 LSE
141 339.50  13:28:36 00061884322TRLO0 LSE
188 339.50  13:28:36 00061884323TRLO0 LSE
600 339.50  13:28:36 00061884324TRLO0 LSE
1096 339.50  13:32:35 00061884487TRLO0 LSE
180 340.50  13:59:51 00061886209TRLO0 LSE
779 340.50  13:59:51 00061886210TRLO0 LSE
180 340.50  13:59:51 00061886211TRLO0 LSE
1536 340.00  13:59:51 00061886212TRLO0 LSE
583 340.00  13:59:51 00061886213TRLO0 LSE
427 339.50  14:00:20 00061886311TRLO0 LSE
193 339.50  14:00:20 00061886312TRLO0 LSE
473 339.50  14:00:20 00061886313TRLO0 LSE
473 339.50  14:00:20 00061886314TRLO0 LSE
600 339.50  14:00:20 00061886315TRLO0 LSE
210 339.50  14:00:20 00061886316TRLO0 LSE
49 339.50  14:01:14 00061886599TRLO0 LSE
779 339.50  14:01:14 00061886600TRLO0 LSE
49 339.50  14:04:44 00061887027TRLO0 LSE
22 339.50  14:04:44 00061887028TRLO0 LSE
2345 339.00  14:07:58 00061887380TRLO0 LSE
2269 338.00  14:14:14 00061888034TRLO0 LSE
2255 339.00  14:39:53 00061889684TRLO0 LSE
2200 339.00  14:39:53 00061889685TRLO0 LSE
2238 337.00  14:58:42 00061891101TRLO0 LSE
575 337.00  14:58:42 00061891102TRLO0 LSE
427 337.00  14:58:42 00061891103TRLO0 LSE
108 337.00  15:08:16 00061891944TRLO0 LSE
2000 337.00  15:08:16 00061891945TRLO0 LSE
159 337.00  15:08:16 00061891946TRLO0 LSE
2167 337.00  15:20:14 00061893043TRLO0 LSE
38 337.50  15:30:14 00061893914TRLO0 LSE
396 337.50  15:30:14 00061893915TRLO0 LSE
24 337.50  15:36:31 00061894445TRLO0 LSE
28 337.50  15:36:36 00061894453TRLO0 LSE
20 337.50  15:38:04 00061894530TRLO0 LSE
387 337.50  15:38:04 00061894531TRLO0 LSE
542 337.50  15:38:04 00061894532TRLO0 LSE
1571 337.00  15:38:27 00061894585TRLO0 LSE
815 337.00  15:38:27 00061894586TRLO0 LSE
39 336.50  15:53:40 00061895683TRLO0 LSE
500 337.00  16:02:05 00061896131TRLO0 LSE
1487 337.00  16:02:05 00061896132TRLO0 LSE
2000 337.50  16:06:05 00061896423TRLO0 LSE
1000 337.50  16:06:05 00061896424TRLO0 LSE
957 337.50  16:06:05 00061896425TRLO0 LSE
1360 337.50  16:06:05 00061896426TRLO0 LSE
890 337.50  16:06:05 00061896427TRLO0 LSE
330 337.50  16:07:18 00061896578TRLO0 LSE
442 337.50  16:07:18 00061896579TRLO0 LSE
396 337.50  16:07:18 00061896580TRLO0 LSE
20 337.50  16:07:18 00061896581TRLO0 LSE
543 337.50  16:07:18 00061896582TRLO0 LSE
1000 338.00  16:10:18 00061896865TRLO0 LSE
210 338.00  16:10:18 00061896866TRLO0 LSE
851 338.00  16:10:18 00061896867TRLO0 LSE
64 338.00  16:11:58 00061896999TRLO0 LSE
49 338.00  16:11:58 00061897000TRLO0 LSE
270 338.00  16:11:58 00061897001TRLO0 LSE
474 338.00  16:11:58 00061897002TRLO0 LSE
843 338.00  16:11:58 00061897003TRLO0 LSE
55 338.00  16:11:58 00061897004TRLO0 LSE
356 338.00  16:11:58 00061897005TRLO0 LSE
94 338.00  16:12:22 00061897043TRLO0 LSE
536 338.00  16:12:22 00061897044TRLO0 LSE
423 338.00  16:15:17 00061897292TRLO0 LSE
500 338.00  16:15:17 00061897293TRLO0 LSE
99 338.00  16:15:17 00061897294TRLO0 LSE
600 338.00  16:15:17 00061897295TRLO0 LSE
600 338.00  16:15:17 00061897296TRLO0 LSE
5 338.00  16:15:17 00061897297TRLO0 LSE
31 338.00  16:15:17 00061897298TRLO0 LSE
35 338.00  16:15:17 00061897299TRLO0 LSE
302 338.00  16:15:17 00061897301TRLO0 LSE
73 338.00  16:15:28 00061897311TRLO0 LSE
116 338.00  16:15:49 00061897361TRLO0 LSE
93 338.00  16:15:55 00061897373TRLO0 LSE
234 338.00  16:16:09 00061897394TRLO0 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    +44 (0) 207 466 5000

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

UK 100

Latest directors dealings