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 December 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 December 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	:  80,000
Weighted average purchase price paid	:  379.0772 pence per share
Highest purchase price paid	:  380.5 pence per share
Lowest purchase price paid	:  375 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 15,891,710 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 230,199,713 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 December 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
503	376.50	08:17:05	00062457705TRLO0	LSE
134	376.50	08:17:05	00062457704TRLO0	LSE
2475	376.00	08:17:46	00062457771TRLO0	LSE
2575	375.00	08:20:21	00062457867TRLO0	LSE
338	375.00	08:20:21	00062457866TRLO0	LSE
1214	376.50	08:29:56	00062458447TRLO0	LSE
175	376.50	08:29:56	00062458446TRLO0	LSE
501	376.50	08:29:56	00062458445TRLO0	LSE
267	376.50	08:29:56	00062458444TRLO0	LSE
479	377.00	08:39:16	00062458826TRLO0	LSE
980	380.00	09:01:50	00062460148TRLO0	LSE
375	380.00	09:01:50	00062460147TRLO0	LSE
750	380.00	09:01:50	00062460146TRLO0	LSE
125	380.00	09:01:50	00062460145TRLO0	LSE
2461	379.50	09:05:20	00062460464TRLO0	LSE
2215	379.50	09:39:03	00062462023TRLO0	LSE
933	379.50	09:59:58	00062463114TRLO0	LSE
1000	379.50	09:59:58	00062463113TRLO0	LSE
2229	379.00	09:59:58	00062463121TRLO0	LSE
652	379.00	09:59:58	00062463118TRLO0	LSE
304	379.00	09:59:58	00062463117TRLO0	LSE
2181	378.50	10:02:20	00062463243TRLO0	LSE
389	378.00	10:23:37	00062464588TRLO0	LSE
486	378.00	10:23:37	00062464587TRLO0	LSE
986	378.00	10:23:37	00062464586TRLO0	LSE
377	378.00	10:23:37	00062464585TRLO0	LSE
864	378.50	10:46:13	00062465608TRLO0	LSE
1278	378.50	10:46:13	00062465609TRLO0	LSE
1515	379.50	12:08:06	00062469556TRLO0	LSE
591	379.50	12:08:06	00062469555TRLO0	LSE
2269	380.00	12:12:17	00062469785TRLO0	LSE
437	379.50	12:12:17	00062469786TRLO0	LSE
757	379.50	12:12:21	00062469788TRLO0	LSE
1040	379.50	12:12:21	00062469787TRLO0	LSE
1938	379.00	12:25:07	00062470269TRLO0	LSE
1901	378.00	13:05:02	00062472399TRLO0	LSE
363	379.00	13:30:05	00062473348TRLO0	LSE
942	379.00	13:30:05	00062473352TRLO0	LSE
365	379.00	13:30:05	00062473351TRLO0	LSE
677	379.00	13:30:05	00062473350TRLO0	LSE
1621	379.00	13:30:05	00062473349TRLO0	LSE
540	379.00	13:50:02	00062474469TRLO0	LSE
946	379.00	13:50:02	00062474468TRLO0	LSE
2166	379.00	13:50:02	00062474471TRLO0	LSE
408	379.00	13:50:02	00062474470TRLO0	LSE
633	379.00	13:50:02	00062474473TRLO0	LSE
665	379.00	13:50:02	00062474472TRLO0	LSE
893	379.00	13:50:02	00062474474TRLO0	LSE
337	380.00	14:28:02	00062476395TRLO0	LSE
230	380.00	14:28:03	00062476398TRLO0	LSE
1114	380.00	14:28:26	00062476420TRLO0	LSE
347	380.00	14:28:26	00062476419TRLO0	LSE
764	380.00	14:34:26	00062477005TRLO0	LSE
507	380.00	14:34:26	00062477004TRLO0	LSE
625	380.00	14:34:26	00062477003TRLO0	LSE
1749	379.50	14:39:30	00062477477TRLO0	LSE
123	379.50	14:39:30	00062477476TRLO0	LSE
291	379.50	14:39:30	00062477475TRLO0	LSE
89	379.50	14:39:30	00062477474TRLO0	LSE
2188	379.50	14:39:30	00062477473TRLO0	LSE
37	379.50	14:48:12	00062477993TRLO0	LSE
700	380.00	15:01:40	00062478885TRLO0	LSE
1532	380.00	15:01:40	00062478884TRLO0	LSE
5	380.50	15:04:19	00062479082TRLO0	LSE
143	380.50	15:04:19	00062479084TRLO0	LSE
644	380.50	15:04:19	00062479083TRLO0	LSE
143	380.50	15:04:19	00062479086TRLO0	LSE
644	380.50	15:04:19	00062479085TRLO0	LSE
143	380.50	15:05:06	00062479145TRLO0	LSE
644	380.50	15:05:06	00062479144TRLO0	LSE
1980	380.00	15:08:43	00062479322TRLO0	LSE
661	379.50	15:11:57	00062479634TRLO0	LSE
346	379.50	15:12:13	00062479644TRLO0	LSE
574	379.50	15:12:13	00062479645TRLO0	LSE
563	379.50	15:13:07	00062479719TRLO0	LSE
3	379.50	15:31:52	00062481194TRLO0	LSE
506	379.50	15:33:32	00062481284TRLO0	LSE
1837	379.50	15:33:32	00062481283TRLO0	LSE
1585	379.50	15:33:32	00062481287TRLO0	LSE
358	379.50	15:33:32	00062481286TRLO0	LSE
1356	379.50	15:33:32	00062481285TRLO0	LSE
500	380.50	15:55:56	00062482958TRLO0	LSE
279	380.50	15:55:56	00062482963TRLO0	LSE
1548	380.50	15:55:56	00062482962TRLO0	LSE
271	380.50	15:55:56	00062482961TRLO0	LSE
432	380.50	15:55:56	00062482960TRLO0	LSE
750	380.50	15:55:56	00062482959TRLO0	LSE
1617	380.50	16:04:46	00062484001TRLO0	LSE
250	380.50	16:04:46	00062484005TRLO0	LSE
312	380.50	16:04:46	00062484006TRLO0	LSE
99	380.50	16:04:46	00062484008TRLO0	LSE
1982	380.00	16:08:51	00062484665TRLO0	LSE
225	379.50	16:15:36	00062485390TRLO0	LSE
99	379.50	16:17:32	00062485560TRLO0	LSE
125	379.50	16:17:32	00062485559TRLO0	LSE
250	379.50	16:17:32	00062485558TRLO0	LSE
250	379.50	16:17:32	00062485557TRLO0	LSE
250	379.50	16:17:32	00062485556TRLO0	LSE
80	379.50	16:17:32	00062485555TRLO0	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