Transaction in Own Shares

12 May 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 11 May 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 :  364.6850 pence per share
Highest purchase price paid :  367.5 pence per share
Lowest purchase price paid :  360 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 2,530,007 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 243,561,416, 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 11 May 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
1675 362.50  08:24:13 00058816459TRLO0 LSE
600 362.50  08:24:13 00058816460TRLO0 LSE
815 362.50  08:24:13 00058816461TRLO0 LSE
1592 362.00  08:30:29 00058816986TRLO0 LSE
950 361.00  08:31:47 00058817129TRLO0 LSE
640 361.00  08:31:47 00058817130TRLO0 LSE
1673 360.50  08:42:15 00058817772TRLO0 LSE
1538 360.00  08:47:30 00058817947TRLO0 LSE
934 360.00  08:47:30 00058817948TRLO0 LSE
574 360.00  08:47:30 00058817949TRLO0 LSE
494 360.50  08:52:29 00058818303TRLO0 LSE
133 360.50  08:52:29 00058818304TRLO0 LSE
111 360.50  08:52:29 00058818305TRLO0 LSE
310 360.50  08:52:29 00058818306TRLO0 LSE
552 361.50  09:12:51 00058819463TRLO0 LSE
400 362.00  09:12:51 00058819464TRLO0 LSE
1053 362.00  09:12:51 00058819465TRLO0 LSE
144 362.00  09:19:57 00058819805TRLO0 LSE
9 364.50  09:29:25 00058820318TRLO0 LSE
2608 364.50  09:30:11 00058820362TRLO0 LSE
400 364.50  09:30:11 00058820363TRLO0 LSE
703 364.50  09:31:35 00058820444TRLO0 LSE
1532 364.50  09:38:20 00058820808TRLO0 LSE
730 364.50  09:38:20 00058820809TRLO0 LSE
1145 364.50  09:38:20 00058820810TRLO0 LSE
1689 364.00  09:46:09 00058821307TRLO0 LSE
730 365.50  10:24:38 00058823951TRLO0 LSE
874 365.50  10:24:38 00058823952TRLO0 LSE
1691 365.50  10:24:38 00058823953TRLO0 LSE
241 365.00  10:24:38 00058823954TRLO0 LSE
755 365.00  10:53:10 00058825107TRLO0 LSE
618 365.00  10:53:10 00058825108TRLO0 LSE
228 365.00  10:53:10 00058825109TRLO0 LSE
555 365.00  10:53:10 00058825110TRLO0 LSE
1003 365.00  10:53:10 00058825111TRLO0 LSE
1482 364.00  10:53:30 00058825130TRLO0 LSE
626 363.50  10:53:34 00058825137TRLO0 LSE
911 363.50  11:05:17 00058825417TRLO0 LSE
1392 363.50  11:05:17 00058825418TRLO0 LSE
643 362.50  11:12:37 00058825659TRLO0 LSE
968 362.50  11:12:37 00058825660TRLO0 LSE
636 364.00  11:34:09 00058826181TRLO0 LSE
17 366.00  11:52:55 00058826691TRLO0 LSE
17 366.00  11:52:55 00058826692TRLO0 LSE
22 366.00  11:52:55 00058826693TRLO0 LSE
600 366.50  11:53:26 00058826703TRLO0 LSE
600 366.50  11:53:26 00058826704TRLO0 LSE
2643 366.50  11:53:26 00058826705TRLO0 LSE
202 366.00  11:54:09 00058826738TRLO0 LSE
364 366.00  11:54:11 00058826739TRLO0 LSE
157 366.00  11:54:11 00058826740TRLO0 LSE
136 367.50  12:01:06 00058827187TRLO0 LSE
139 367.50  12:01:39 00058827191TRLO0 LSE
2625 367.50  12:05:10 00058827335TRLO0 LSE
424 367.50  12:05:10 00058827336TRLO0 LSE
1141 367.00  12:07:59 00058827485TRLO0 LSE
290 367.00  12:08:00 00058827486TRLO0 LSE
350 367.00  12:08:01 00058827487TRLO0 LSE
1432 366.50  12:09:36 00058827535TRLO0 LSE
47 366.50  13:00:02 00058829779TRLO0 LSE
308 366.50  13:00:02 00058829780TRLO0 LSE
1063 366.50  13:00:02 00058829781TRLO0 LSE
1421 366.50  13:00:02 00058829782TRLO0 LSE
1200 366.00  13:14:10 00058830399TRLO0 LSE
312 366.00  13:14:10 00058830400TRLO0 LSE
304 365.50  13:16:22 00058830449TRLO0 LSE
15 365.50  13:16:22 00058830450TRLO0 LSE
15 365.50  13:18:23 00058830580TRLO0 LSE
131 365.50  13:19:25 00058830655TRLO0 LSE
7 366.00  13:29:49 00058831017TRLO0 LSE
133 366.00  13:29:49 00058831018TRLO0 LSE
70 366.00  13:29:49 00058831019TRLO0 LSE
43 366.00  13:29:49 00058831020TRLO0 LSE
49 366.00  13:29:49 00058831021TRLO0 LSE
600 366.00  13:29:50 00058831022TRLO0 LSE
1115 366.00  13:29:50 00058831023TRLO0 LSE
54 365.50  13:30:02 00058831162TRLO0 LSE
1440 365.50  13:30:02 00058831166TRLO0 LSE
1507 365.50  13:30:02 00058831167TRLO0 LSE
400 365.50  13:30:02 00058831168TRLO0 LSE
364 365.50  13:30:02 00058831175TRLO0 LSE
221 365.50  13:37:52 00058832054TRLO0 LSE
1296 365.50  13:37:52 00058832055TRLO0 LSE
352 364.50  13:46:15 00058832707TRLO0 LSE
1051 364.50  13:46:15 00058832708TRLO0 LSE
1604 364.50  13:51:16 00058833036TRLO0 LSE
1473 364.50  13:53:33 00058833300TRLO0 LSE
1200 364.00  14:21:20 00058835902TRLO0 LSE
330 364.00  14:21:20 00058835903TRLO0 LSE
156 365.00  14:26:43 00058836335TRLO0 LSE
1047 365.00  14:26:43 00058836336TRLO0 LSE
266 365.00  14:26:44 00058836338TRLO0 LSE
37 364.50  14:29:02 00058836490TRLO0 LSE
143 364.50  14:29:02 00058836491TRLO0 LSE
400 365.00  14:30:43 00058836684TRLO0 LSE
522 365.00  14:30:43 00058836685TRLO0 LSE
1365 365.00  14:33:43 00058836977TRLO0 LSE
1676 365.00  14:33:43 00058836978TRLO0 LSE
400 365.00  14:33:43 00058836979TRLO0 LSE
393 365.00  14:33:43 00058836980TRLO0 LSE
600 365.00  14:33:43 00058836981TRLO0 LSE
112 365.00  14:33:43 00058836982TRLO0 LSE
65 365.50  14:50:12 00058838676TRLO0 LSE
673 365.50  14:51:36 00058838799TRLO0 LSE
529 365.50  14:51:36 00058838800TRLO0 LSE
41 365.50  14:51:36 00058838801TRLO0 LSE
699 365.50  14:51:36 00058838802TRLO0 LSE
1446 365.50  14:56:22 00058839179TRLO0 LSE
400 365.50  14:56:22 00058839180TRLO0 LSE
279 365.50  14:56:22 00058839181TRLO0 LSE
397 365.50  14:56:22 00058839182TRLO0 LSE
624 365.50  14:56:22 00058839183TRLO0 LSE
115 365.00  15:00:29 00058839541TRLO0 LSE
730 365.00  15:00:29 00058839542TRLO0 LSE
662 365.00  15:00:29 00058839543TRLO0 LSE
1601 364.50  15:09:42 00058840635TRLO0 LSE
1624 365.00  15:22:59 00058841745TRLO0 LSE
447 364.50  15:23:04 00058841760TRLO0 LSE
527 364.50  15:24:05 00058841861TRLO0 LSE
169 365.50  15:29:06 00058842148TRLO0 LSE
182 365.50  15:30:18 00058842222TRLO0 LSE
600 365.50  15:30:18 00058842223TRLO0 LSE
703 365.50  15:30:18 00058842224TRLO0 LSE
1609 365.50  15:30:18 00058842225TRLO0 LSE
1333 365.00  15:35:35 00058842677TRLO0 LSE
86 365.00  15:35:35 00058842678TRLO0 LSE
1520 365.00  15:45:14 00058843353TRLO0 LSE
161 365.00  15:45:14 00058843354TRLO0 LSE
248 365.50  15:49:10 00058843654TRLO0 LSE
730 365.50  15:49:10 00058843655TRLO0 LSE
434 365.50  15:49:10 00058843656TRLO0 LSE
1560 365.00  15:51:27 00058843749TRLO0 LSE
19 365.50  16:03:01 00058844512TRLO0 LSE
311 365.50  16:07:00 00058844986TRLO0 LSE
123 365.50  16:07:00 00058844987TRLO0 LSE
600 365.50  16:07:00 00058844988TRLO0 LSE
228 365.50  16:07:00 00058844989TRLO0 LSE
791 365.50  16:07:00 00058844990TRLO0 LSE
714 366.00  16:14:02 00058845570TRLO0 LSE
21 366.00  16:14:02 00058845571TRLO0 LSE
600 366.00  16:14:02 00058845572TRLO0 LSE
672 366.00  16:14:02 00058845573TRLO0 LSE
288 366.00  16:14:02 00058845574TRLO0 LSE
79 366.00  16:14:02 00058845575TRLO0 LSE
241 365.50  16:17:06 00058845884TRLO0 LSE
168 365.50  16:17:06 00058845885TRLO0 LSE
290 365.50  16:17:06 00058845886TRLO0 LSE
252 365.50  16:17:06 00058845887TRLO0 LSE
489 365.50  16:17:06 00058845888TRLO0 LSE
112 365.50  16:17:06 00058845889TRLO0 LSE
1050 365.50  16:19:30 00058846082TRLO0 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/Tilly Abraham  +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

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