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 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 8 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	:  80,000
Weighted average purchase price paid	:  350.1044 pence per share
Highest purchase price paid	:  353.5 pence per share
Lowest purchase price paid	:  346 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 14,446,710 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 231,644,713 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 8 November 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
226	347.00	08:11:26	00062007512TRLO0	LSE
1	347.00	08:11:26	00062007513TRLO0	LSE
241	347.50	08:11:26	00062007514TRLO0	LSE
23	347.50	08:11:26	00062007515TRLO0	LSE
2832	346.00	08:17:03	00062007804TRLO0	LSE
79	349.00	08:40:07	00062008634TRLO0	LSE
319	349.00	08:40:07	00062008635TRLO0	LSE
2005	349.00	08:40:07	00062008636TRLO0	LSE
1023	349.00	08:43:26	00062008756TRLO0	LSE
2913	349.00	08:43:26	00062008758TRLO0	LSE
1706	349.00	08:43:26	00062008760TRLO0	LSE
720	349.00	08:43:26	00062008761TRLO0	LSE
1329	349.00	08:43:34	00062008774TRLO0	LSE
2111	349.00	08:46:42	00062008912TRLO0	LSE
2111	348.00	08:46:45	00062008913TRLO0	LSE
2572	347.50	08:55:11	00062009077TRLO0	LSE
309	347.50	09:55:15	00062011412TRLO0	LSE
2076	347.50	09:55:15	00062011413TRLO0	LSE
2307	348.00	10:40:58	00062013242TRLO0	LSE
2054	347.50	11:15:01	00062014003TRLO0	LSE
600	348.00	11:15:01	00062014004TRLO0	LSE
1338	348.00	11:15:01	00062014005TRLO0	LSE
36	348.00	11:15:01	00062014006TRLO0	LSE
466	348.00	11:15:01	00062014007TRLO0	LSE
2303	348.00	11:58:20	00062015214TRLO0	LSE
1000	347.50	12:00:01	00062015284TRLO0	LSE
1208	347.50	12:00:01	00062015285TRLO0	LSE
2222	347.50	12:00:01	00062015286TRLO0	LSE
2328	349.00	13:15:23	00062017796TRLO0	LSE
34	349.00	13:15:23	00062017797TRLO0	LSE
514	349.00	13:15:23	00062017798TRLO0	LSE
310	349.00	13:15:23	00062017799TRLO0	LSE
2179	349.00	13:16:23	00062017877TRLO0	LSE
22	349.00	13:16:23	00062017878TRLO0	LSE
560	349.00	13:16:23	00062017879TRLO0	LSE
2306	348.50	13:32:13	00062018748TRLO0	LSE
1223	350.50	14:17:03	00062020649TRLO0	LSE
1220	352.50	14:38:49	00062022063TRLO0	LSE
263	352.50	14:38:49	00062022064TRLO0	LSE
1	352.50	14:38:49	00062022065TRLO0	LSE
3572	352.50	14:38:49	00062022066TRLO0	LSE
325	352.50	14:38:51	00062022067TRLO0	LSE
2216	352.50	14:42:13	00062022224TRLO0	LSE
1178	353.50	14:51:14	00062022692TRLO0	LSE
681	353.50	14:51:14	00062022693TRLO0	LSE
82	353.50	14:51:14	00062022694TRLO0	LSE
142	353.00	14:58:27	00062023177TRLO0	LSE
2286	353.00	14:58:27	00062023178TRLO0	LSE
897	353.00	15:08:28	00062023663TRLO0	LSE
1075	353.00	15:08:28	00062023664TRLO0	LSE
2273	353.50	15:15:54	00062024272TRLO0	LSE
2049	353.00	15:19:40	00062024635TRLO0	LSE
1876	353.00	15:19:40	00062024636TRLO0	LSE
359	353.00	15:30:08	00062025394TRLO0	LSE
2305	353.00	15:30:08	00062025395TRLO0	LSE
2430	351.50	15:37:43	00062026167TRLO0	LSE
505	351.50	15:48:13	00062027247TRLO0	LSE
1156	351.50	15:48:13	00062027248TRLO0	LSE
111	351.50	15:48:13	00062027249TRLO0	LSE
431	351.50	15:48:13	00062027250TRLO0	LSE
2020	351.50	15:53:11	00062027586TRLO0	LSE
94	351.50	15:53:11	00062027587TRLO0	LSE
2061	352.50	16:07:30	00062028747TRLO0	LSE
1989	352.50	16:16:38	00062030199TRLO0	LSE
797	352.50	16:16:39	00062030200TRLO0	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