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

11 October 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 October 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 :  136,937
Weighted average purchase price paid :  302.4926 pence per share
Highest purchase price paid :  305.5 pence per share
Lowest purchase price paid :  299.5 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 12,266,562 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 233,824,861 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 October 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
287 302.00  08:11:30 00061490671TRLO0 LSE
334 300.50  08:13:15 00061490722TRLO0 LSE
373 300.00  08:13:33 00061490733TRLO0 LSE
2100 300.00  08:13:33 00061490732TRLO0 LSE
1300 300.00  08:14:26 00061490743TRLO0 LSE
2013 302.50  08:43:21 00061491214TRLO0 LSE
3352 304.50  08:43:21 00061491215TRLO0 LSE
1249 305.00  08:43:50 00061491250TRLO0 LSE
762 305.00  08:43:50 00061491249TRLO0 LSE
578 304.50  08:44:20 00061491270TRLO0 LSE
1326 304.50  08:44:20 00061491269TRLO0 LSE
1825 304.50  08:45:00 00061491291TRLO0 LSE
1820 304.00  08:56:10 00061491471TRLO0 LSE
1573 303.00  08:56:38 00061491507TRLO0 LSE
757 303.00  08:56:38 00061491506TRLO0 LSE
253 303.00  09:13:19 00061491802TRLO0 LSE
144 303.00  09:13:19 00061491801TRLO0 LSE
1 303.00  09:13:19 00061491804TRLO0 LSE
1410 303.00  09:13:19 00061491803TRLO0 LSE
88 303.00  09:18:11 00061491987TRLO0 LSE
1645 303.00  09:18:11 00061491986TRLO0 LSE
188 302.50  09:28:50 00061492224TRLO0 LSE
1535 302.50  09:28:50 00061492223TRLO0 LSE
239 299.50  10:10:09 00061493924TRLO0 LSE
130 299.50  10:15:25 00061494178TRLO0 LSE
36 301.50  10:23:02 00061494487TRLO0 LSE
1400 301.50  10:23:02 00061494486TRLO0 LSE
321 301.50  10:23:02 00061494488TRLO0 LSE
38 301.50  10:27:07 00061494674TRLO0 LSE
1645 301.50  10:30:06 00061494772TRLO0 LSE
34 301.50  10:30:07 00061494775TRLO0 LSE
171 301.50  10:30:07 00061494776TRLO0 LSE
828 301.50  10:30:20 00061494836TRLO0 LSE
299 301.50  10:30:20 00061494835TRLO0 LSE
302 301.00  10:34:48 00061494957TRLO0 LSE
1659 301.00  10:43:24 00061495190TRLO0 LSE
1694 301.00  10:43:24 00061495191TRLO0 LSE
296 300.00  10:45:24 00061495352TRLO0 LSE
1638 302.00  11:01:50 00061496137TRLO0 LSE
1915 302.50  11:04:05 00061496217TRLO0 LSE
154 302.50  11:07:45 00061496356TRLO0 LSE
1400 302.50  11:07:45 00061496355TRLO0 LSE
984 302.50  11:07:45 00061496354TRLO0 LSE
700 302.50  11:07:45 00061496353TRLO0 LSE
362 302.50  11:07:45 00061496352TRLO0 LSE
101 302.50  11:07:45 00061496351TRLO0 LSE
1887 302.50  11:07:45 00061496357TRLO0 LSE
316 302.00  11:44:49 00061497753TRLO0 LSE
679 302.00  11:44:49 00061497754TRLO0 LSE
704 302.00  11:44:59 00061497766TRLO0 LSE
296 301.50  11:50:03 00061497970TRLO0 LSE
298 301.50  11:59:03 00061498141TRLO0 LSE
296 301.50  12:08:13 00061498372TRLO0 LSE
137 302.50  12:58:21 00061499430TRLO0 LSE
329 302.50  12:58:21 00061499432TRLO0 LSE
700 302.50  12:58:21 00061499431TRLO0 LSE
108 302.50  12:58:57 00061499450TRLO0 LSE
507 302.50  12:59:02 00061499458TRLO0 LSE
544 303.50  13:27:11 00061500195TRLO0 LSE
1400 303.50  13:27:11 00061500194TRLO0 LSE
679 303.50  13:28:57 00061500265TRLO0 LSE
314 303.50  13:28:57 00061500264TRLO0 LSE
70 303.50  13:28:57 00061500269TRLO0 LSE
59 303.50  13:28:57 00061500268TRLO0 LSE
457 303.50  13:28:57 00061500267TRLO0 LSE
318 303.50  13:28:57 00061500266TRLO0 LSE
457 303.50  13:28:57 00061500273TRLO0 LSE
59 303.50  13:28:57 00061500272TRLO0 LSE
70 303.50  13:28:57 00061500271TRLO0 LSE
318 303.50  13:28:57 00061500270TRLO0 LSE
70 303.50  13:28:57 00061500276TRLO0 LSE
59 303.50  13:28:57 00061500275TRLO0 LSE
318 303.50  13:28:57 00061500274TRLO0 LSE
59 303.50  13:28:58 00061500279TRLO0 LSE
70 303.50  13:28:58 00061500278TRLO0 LSE
318 303.50  13:28:58 00061500277TRLO0 LSE
59 303.50  13:28:58 00061500282TRLO0 LSE
70 303.50  13:28:58 00061500281TRLO0 LSE
318 303.50  13:28:58 00061500280TRLO0 LSE
59 303.50  13:28:58 00061500285TRLO0 LSE
70 303.50  13:28:58 00061500284TRLO0 LSE
318 303.50  13:28:58 00061500283TRLO0 LSE
314 302.50  13:51:20 00061501164TRLO0 LSE
80 302.50  13:56:32 00061501258TRLO0 LSE
215 302.50  13:57:56 00061501297TRLO0 LSE
1586 302.50  13:57:56 00061501296TRLO0 LSE
1306 302.50  13:57:56 00061501295TRLO0 LSE
387 301.50  14:13:58 00061501736TRLO0 LSE
297 301.50  14:14:35 00061501742TRLO0 LSE
1798 301.50  14:23:35 00061502024TRLO0 LSE
1083 301.50  14:23:35 00061502023TRLO0 LSE
151 301.50  14:23:35 00061502022TRLO0 LSE
797 301.00  14:24:01 00061502034TRLO0 LSE
700 301.00  14:29:50 00061502194TRLO0 LSE
246 301.00  14:29:54 00061502195TRLO0 LSE
472 301.00  14:31:06 00061502318TRLO0 LSE
1752 301.00  14:31:06 00061502317TRLO0 LSE
380 302.00  14:37:02 00061502746TRLO0 LSE
1619 302.00  14:37:02 00061502745TRLO0 LSE
296 301.50  14:41:46 00061503003TRLO0 LSE
175 302.00  14:44:49 00061503087TRLO0 LSE
297 302.00  14:44:57 00061503093TRLO0 LSE
1055 302.00  14:44:57 00061503094TRLO0 LSE
138 302.00  14:44:59 00061503095TRLO0 LSE
134 302.00  14:47:57 00061503237TRLO0 LSE
51 302.00  14:47:57 00061503236TRLO0 LSE
54 302.00  14:48:21 00061503280TRLO0 LSE
1400 302.00  14:48:21 00061503279TRLO0 LSE
490 302.00  14:48:21 00061503278TRLO0 LSE
910 302.00  14:48:21 00061503277TRLO0 LSE
700 302.00  14:48:21 00061503276TRLO0 LSE
237 301.50  14:55:01 00061503652TRLO0 LSE
19 301.50  14:55:01 00061503651TRLO0 LSE
2521 301.50  14:55:01 00061503650TRLO0 LSE
2109 301.00  15:00:55 00061503993TRLO0 LSE
296 301.00  15:00:55 00061503991TRLO0 LSE
19704 301.00  15:00:55 00061503992TRLO0 LSE
826 302.50  15:00:55 00061503995TRLO0 LSE
1300 302.50  15:00:55 00061503994TRLO0 LSE
728 303.50  15:01:02 00061503998TRLO0 LSE
938 303.50  15:01:07 00061504009TRLO0 LSE
1865 303.50  15:01:25 00061504024TRLO0 LSE
1976 303.00  15:06:02 00061504356TRLO0 LSE
1762 303.00  15:06:02 00061504355TRLO0 LSE
1854 303.00  15:06:02 00061504354TRLO0 LSE
937 302.50  15:06:02 00061504357TRLO0 LSE
2033 302.50  15:06:15 00061504375TRLO0 LSE
142 302.00  15:08:57 00061504565TRLO0 LSE
750 302.00  15:08:57 00061504566TRLO0 LSE
1827 302.00  15:12:06 00061504782TRLO0 LSE
1098 302.00  15:12:06 00061504779TRLO0 LSE
756 302.00  15:24:55 00061505475TRLO0 LSE
1723 302.00  15:24:55 00061505474TRLO0 LSE
206 303.50  15:30:00 00061505740TRLO0 LSE
1510 303.50  15:30:00 00061505739TRLO0 LSE
501 303.50  15:30:00 00061505741TRLO0 LSE
1498 303.50  15:30:00 00061505742TRLO0 LSE
211 303.00  15:39:33 00061506146TRLO0 LSE
411 304.50  15:44:08 00061506409TRLO0 LSE
767 304.50  15:44:08 00061506408TRLO0 LSE
468 304.50  15:44:08 00061506407TRLO0 LSE
1632 304.50  15:44:08 00061506406TRLO0 LSE
354 304.50  15:44:08 00061506405TRLO0 LSE
1949 305.00  15:50:56 00061506631TRLO0 LSE
1720 304.50  15:50:57 00061506633TRLO0 LSE
310 304.50  15:50:57 00061506632TRLO0 LSE
459 305.00  16:02:49 00061507300TRLO0 LSE
32 305.00  16:02:49 00061507299TRLO0 LSE
296 305.00  16:02:49 00061507298TRLO0 LSE
300 305.00  16:02:49 00061507297TRLO0 LSE
459 305.00  16:02:49 00061507296TRLO0 LSE
602 305.50  16:04:05 00061507358TRLO0 LSE
562 305.50  16:04:05 00061507357TRLO0 LSE
542 305.50  16:04:05 00061507356TRLO0 LSE
517 305.50  16:04:05 00061507355TRLO0 LSE
257 305.50  16:04:05 00061507354TRLO0 LSE
756 305.50  16:04:05 00061507353TRLO0 LSE
551 305.00  16:07:07 00061507478TRLO0 LSE
1358 305.00  16:07:18 00061507479TRLO0 LSE
57 304.00  16:22:16 00061508229TRLO0 LSE
319 304.00  16:24:14 00061508365TRLO0 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

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