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

8 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 7 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	:  100,000
Weighted average purchase price paid	:  314.9380 pence per share
Highest purchase price paid	:  317 pence per share
Lowest purchase price paid	:  312.5 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 236,497,142, 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 7 September 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
641	314.50	08:25:36	00060871428TRLO0	LSE
1074	314.50	08:25:36	00060871429TRLO0	LSE
676	314.50	08:25:36	00060871430TRLO0	LSE
1063	314.50	08:25:36	00060871431TRLO0	LSE
1893	314.00	08:27:33	00060871479TRLO0	LSE
37	313.50	08:29:52	00060871552TRLO0	LSE
800	313.50	08:29:52	00060871553TRLO0	LSE
923	313.50	08:29:52	00060871554TRLO0	LSE
1589	313.50	08:29:52	00060871555TRLO0	LSE
1759	316.00	08:53:00	00060872399TRLO0	LSE
1938	315.50	08:53:01	00060872402TRLO0	LSE
1689	315.00	08:53:02	00060872405TRLO0	LSE
1553	317.00	09:17:44	00060873775TRLO0	LSE
5	317.00	09:19:35	00060873810TRLO0	LSE
580	317.00	09:19:35	00060873811TRLO0	LSE
439	317.00	09:19:35	00060873812TRLO0	LSE
1525	316.50	09:26:40	00060873963TRLO0	LSE
1442	317.00	09:49:10	00060874513TRLO0	LSE
285	317.00	09:49:10	00060874514TRLO0	LSE
1376	316.50	10:02:39	00060874878TRLO0	LSE
414	316.50	10:02:39	00060874879TRLO0	LSE
131	316.00	10:07:09	00060874965TRLO0	LSE
1495	316.00	10:07:09	00060874966TRLO0	LSE
1791	316.00	10:07:09	00060874967TRLO0	LSE
835	315.50	10:23:11	00060875459TRLO0	LSE
864	315.50	10:23:11	00060875460TRLO0	LSE
134	315.50	10:23:11	00060875461TRLO0	LSE
1648	315.50	10:23:11	00060875462TRLO0	LSE
1724	316.00	10:39:07	00060876096TRLO0	LSE
1164	315.50	10:40:00	00060876126TRLO0	LSE
507	315.50	10:40:00	00060876127TRLO0	LSE
1656	315.50	10:54:47	00060876539TRLO0	LSE
900	315.50	10:54:47	00060876540TRLO0	LSE
677	315.50	10:54:47	00060876541TRLO0	LSE
1907	315.00	11:16:52	00060877382TRLO0	LSE
1659	314.50	11:46:45	00060878425TRLO0	LSE
1184	314.50	12:15:45	00060879334TRLO0	LSE
421	314.50	12:15:45	00060879335TRLO0	LSE
456	314.00	12:29:17	00060879773TRLO0	LSE
691	314.00	12:33:05	00060880021TRLO0	LSE
720	314.00	12:33:05	00060880022TRLO0	LSE
420	314.00	12:33:05	00060880023TRLO0	LSE
1158	314.00	12:33:05	00060880024TRLO0	LSE
706	313.50	12:38:22	00060880453TRLO0	LSE
1019	313.50	12:38:22	00060880454TRLO0	LSE
606	313.00	13:01:42	00060881317TRLO0	LSE
843	313.00	13:06:44	00060881607TRLO0	LSE
377	313.00	13:06:44	00060881608TRLO0	LSE
303	312.50	13:24:50	00060882385TRLO0	LSE
470	312.50	13:30:51	00060882678TRLO0	LSE
77	313.50	13:36:16	00060882920TRLO0	LSE
371	314.00	13:37:01	00060882959TRLO0	LSE
709	314.50	13:39:41	00060883039TRLO0	LSE
927	314.50	13:44:05	00060883186TRLO0	LSE
1356	314.50	13:44:05	00060883187TRLO0	LSE
1855	314.50	13:44:05	00060883188TRLO0	LSE
69	314.50	13:44:05	00060883189TRLO0	LSE
2154	314.50	13:44:05	00060883190TRLO0	LSE
1595	314.50	13:52:17	00060883411TRLO0	LSE
506	314.50	14:02:55	00060883787TRLO0	LSE
450	314.50	14:02:55	00060883788TRLO0	LSE
367	314.50	14:06:25	00060883979TRLO0	LSE
454	314.50	14:06:25	00060883980TRLO0	LSE
34	314.50	14:09:35	00060884214TRLO0	LSE
82	314.50	14:09:35	00060884215TRLO0	LSE
148	314.50	14:09:35	00060884216TRLO0	LSE
525	314.50	14:11:39	00060884330TRLO0	LSE
1652	314.00	14:12:17	00060884448TRLO0	LSE
1902	315.00	14:36:48	00060886008TRLO0	LSE
507	315.00	14:37:35	00060886102TRLO0	LSE
457	315.00	14:37:35	00060886103TRLO0	LSE
442	315.50	14:39:15	00060886223TRLO0	LSE
50	315.50	14:39:15	00060886224TRLO0	LSE
1346	315.00	14:39:15	00060886225TRLO0	LSE
540	315.00	14:39:49	00060886243TRLO0	LSE
57	315.00	14:45:49	00060886493TRLO0	LSE
32	315.00	14:45:49	00060886494TRLO0	LSE
85	315.00	14:45:49	00060886495TRLO0	LSE
455	315.00	14:45:49	00060886496TRLO0	LSE
162	315.00	14:45:49	00060886497TRLO0	LSE
44	315.00	14:47:25	00060886590TRLO0	LSE
94	315.00	14:47:25	00060886591TRLO0	LSE
366	315.00	14:47:25	00060886592TRLO0	LSE
1672	314.50	14:49:26	00060886661TRLO0	LSE
379	314.50	14:49:26	00060886662TRLO0	LSE
1447	314.50	14:49:47	00060886697TRLO0	LSE
332	314.00	14:51:02	00060886791TRLO0	LSE
1498	314.00	14:51:02	00060886792TRLO0	LSE
378	313.00	14:59:10	00060887234TRLO0	LSE
1187	313.00	14:59:10	00060887235TRLO0	LSE
547	312.50	15:01:25	00060887325TRLO0	LSE
270	312.50	15:01:25	00060887326TRLO0	LSE
1341	313.50	15:13:56	00060887922TRLO0	LSE
314	313.50	15:13:56	00060887923TRLO0	LSE
486	313.50	15:13:56	00060887924TRLO0	LSE
28	313.50	15:13:56	00060887925TRLO0	LSE
1155	313.50	15:13:56	00060887926TRLO0	LSE
1719	313.50	15:17:41	00060888028TRLO0	LSE
1924	314.00	15:40:17	00060889329TRLO0	LSE
257	314.00	15:40:17	00060889330TRLO0	LSE
800	314.00	15:40:17	00060889331TRLO0	LSE
730	314.00	15:40:17	00060889332TRLO0	LSE
409	315.00	15:46:30	00060889674TRLO0	LSE
1308	315.00	15:46:30	00060889675TRLO0	LSE
486	315.00	15:46:30	00060889676TRLO0	LSE
1259	315.00	15:46:30	00060889677TRLO0	LSE
549	316.50	15:55:25	00060890069TRLO0	LSE
450	316.50	15:55:25	00060890070TRLO0	LSE
370	316.50	15:55:25	00060890071TRLO0	LSE
193	316.50	15:55:25	00060890072TRLO0	LSE
542	316.50	15:57:45	00060890215TRLO0	LSE
342	316.50	15:57:45	00060890216TRLO0	LSE
31	316.50	15:57:45	00060890217TRLO0	LSE
425	316.50	15:57:45	00060890218TRLO0	LSE
426	316.50	15:59:45	00060890344TRLO0	LSE
63	316.50	15:59:45	00060890345TRLO0	LSE
53	316.50	15:59:45	00060890346TRLO0	LSE
468	316.50	15:59:45	00060890347TRLO0	LSE
16	316.50	16:00:45	00060890404TRLO0	LSE
862	316.50	16:00:45	00060890405TRLO0	LSE
1500	316.50	16:07:04	00060890770TRLO0	LSE
415	316.50	16:07:04	00060890771TRLO0	LSE
1101	316.50	16:12:25	00060891006TRLO0	LSE
42	316.50	16:12:25	00060891007TRLO0	LSE
312	316.50	16:12:25	00060891008TRLO0	LSE
105	316.50	16:12:25	00060891009TRLO0	LSE
144	316.50	16:12:25	00060891010TRLO0	LSE
510	316.00	16:12:30	00060891014TRLO0	LSE
141	316.00	16:12:30	00060891015TRLO0	LSE
283	316.00	16:12:30	00060891016TRLO0	LSE
17	316.50	16:14:35	00060891233TRLO0	LSE
709	316.50	16:14:35	00060891234TRLO0	LSE
66	316.50	16:14:35	00060891235TRLO0	LSE
141	316.50	16:14:35	00060891236TRLO0	LSE
800	316.50	16:18:35	00060891544TRLO0	LSE
961	316.50	16:18:35	00060891545TRLO0	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