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

19 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 19 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 :  100,000
Weighted average purchase price paid :  316.3027 pence per share
Highest purchase price paid :  319.5 pence per share
Lowest purchase price paid :  313 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 12,891,477 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 233,199,946 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 19 October 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
1603 319.50  08:28:27 00061640704TRLO0 LSE
602 319.50  08:31:35 00061640929TRLO0 LSE
1398 319.50  08:31:35 00061640930TRLO0 LSE
667 319.50  08:31:35 00061640931TRLO0 LSE
700 318.50  08:35:31 00061641094TRLO0 LSE
700 318.50  08:35:31 00061641095TRLO0 LSE
500 318.50  08:35:31 00061641096TRLO0 LSE
179 317.50  09:00:28 00061642097TRLO0 LSE
700 317.50  09:00:28 00061642098TRLO0 LSE
700 317.50  09:00:28 00061642099TRLO0 LSE
360 317.50  09:00:28 00061642100TRLO0 LSE
1905 316.00  09:12:11 00061642630TRLO0 LSE
1898 315.50  09:14:52 00061642765TRLO0 LSE
1886 315.00  09:20:32 00061643118TRLO0 LSE
353 314.00  09:35:54 00061643857TRLO0 LSE
700 314.00  09:35:54 00061643858TRLO0 LSE
769 314.00  09:35:54 00061643859TRLO0 LSE
2192 317.00  10:24:19 00061645891TRLO0 LSE
700 317.00  10:24:19 00061645892TRLO0 LSE
1645 317.00  10:24:19 00061645893TRLO0 LSE
274 317.00  10:24:19 00061645894TRLO0 LSE
2630 315.50  10:40:12 00061646426TRLO0 LSE
421 315.00  11:13:26 00061647646TRLO0 LSE
1957 315.00  11:13:26 00061647647TRLO0 LSE
1500 314.00  11:30:10 00061648207TRLO0 LSE
604 314.00  11:30:10 00061648208TRLO0 LSE
23 314.00  11:30:10 00061648209TRLO0 LSE
1400 314.50  12:11:07 00061649241TRLO0 LSE
566 314.50  12:13:29 00061649299TRLO0 LSE
1524 314.00  12:19:51 00061649512TRLO0 LSE
688 314.00  12:19:51 00061649513TRLO0 LSE
1325 313.50  12:29:14 00061649923TRLO0 LSE
945 313.50  12:29:14 00061649924TRLO0 LSE
2391 313.00  12:29:19 00061649926TRLO0 LSE
34 313.50  12:53:09 00061650810TRLO0 LSE
1900 313.50  13:03:59 00061651127TRLO0 LSE
248 313.50  13:03:59 00061651128TRLO0 LSE
964 313.50  13:03:59 00061651129TRLO0 LSE
1043 313.50  13:03:59 00061651130TRLO0 LSE
562 313.50  13:03:59 00061651131TRLO0 LSE
1277 313.50  13:07:45 00061651216TRLO0 LSE
846 313.50  13:07:45 00061651217TRLO0 LSE
2100 315.00  13:23:51 00061651659TRLO0 LSE
84 315.00  13:23:51 00061651660TRLO0 LSE
412 314.50  13:25:38 00061651702TRLO0 LSE
1484 314.50  13:25:38 00061651703TRLO0 LSE
18 315.00  13:25:38 00061651704TRLO0 LSE
766 315.00  13:25:38 00061651705TRLO0 LSE
565 315.00  13:44:18 00061652255TRLO0 LSE
1547 315.00  13:44:18 00061652256TRLO0 LSE
797 314.50  13:46:02 00061652308TRLO0 LSE
700 314.50  13:46:02 00061652309TRLO0 LSE
544 314.50  13:46:02 00061652310TRLO0 LSE
1 315.00  14:01:02 00061652780TRLO0 LSE
1 315.00  14:01:02 00061652781TRLO0 LSE
2024 315.00  14:01:02 00061652782TRLO0 LSE
1924 316.00  14:16:19 00061653517TRLO0 LSE
340 316.50  14:20:19 00061653787TRLO0 LSE
449 316.50  14:20:19 00061653788TRLO0 LSE
1600 316.50  14:20:20 00061653789TRLO0 LSE
268 316.50  14:20:20 00061653790TRLO0 LSE
1542 316.00  14:27:20 00061654046TRLO0 LSE
545 316.00  14:27:20 00061654047TRLO0 LSE
669 316.50  14:35:47 00061654658TRLO0 LSE
1218 316.50  14:35:47 00061654659TRLO0 LSE
320 316.50  14:36:09 00061654678TRLO0 LSE
2191 316.00  14:39:02 00061654975TRLO0 LSE
9 316.00  14:39:02 00061654976TRLO0 LSE
1253 316.00  14:39:02 00061654977TRLO0 LSE
700 316.00  14:39:02 00061654978TRLO0 LSE
184 316.00  14:39:02 00061654979TRLO0 LSE
225 315.50  14:41:12 00061655117TRLO0 LSE
2099 315.50  14:48:50 00061655568TRLO0 LSE
1856 315.50  14:48:50 00061655569TRLO0 LSE
700 317.00  15:04:28 00061656911TRLO0 LSE
221 317.00  15:05:05 00061656926TRLO0 LSE
341 317.00  15:05:06 00061656929TRLO0 LSE
387 317.00  15:05:06 00061656930TRLO0 LSE
549 317.50  15:09:02 00061657138TRLO0 LSE
700 317.50  15:09:02 00061657139TRLO0 LSE
1400 317.50  15:09:02 00061657140TRLO0 LSE
522 317.50  15:09:02 00061657141TRLO0 LSE
1840 317.50  15:10:02 00061657168TRLO0 LSE
387 318.00  15:12:03 00061657328TRLO0 LSE
429 318.00  15:12:03 00061657329TRLO0 LSE
772 318.50  15:14:49 00061657500TRLO0 LSE
652 318.50  15:14:49 00061657501TRLO0 LSE
136 319.50  15:33:02 00061659830TRLO0 LSE
555 319.50  15:33:02 00061659831TRLO0 LSE
896 319.50  15:33:02 00061659832TRLO0 LSE
934 319.50  15:33:02 00061659833TRLO0 LSE
1166 319.50  15:33:02 00061659834TRLO0 LSE
907 319.50  15:33:02 00061659835TRLO0 LSE
1960 319.00  15:36:02 00061660131TRLO0 LSE
556 318.50  15:36:04 00061660132TRLO0 LSE
282 318.50  15:36:04 00061660133TRLO0 LSE
785 318.50  15:36:08 00061660134TRLO0 LSE
324 318.50  15:36:08 00061660135TRLO0 LSE
2201 318.50  15:56:03 00061661400TRLO0 LSE
558 318.00  15:58:18 00061661540TRLO0 LSE
985 318.00  15:58:18 00061661541TRLO0 LSE
532 318.00  15:58:18 00061661542TRLO0 LSE
783 318.50  16:06:32 00061662054TRLO0 LSE
1049 318.50  16:21:53 00061663131TRLO0 LSE
1381 318.50  16:21:53 00061663132TRLO0 LSE
2168 318.50  16:21:53 00061663133TRLO0 LSE
302 318.50  16:21:53 00061663134TRLO0 LSE
926 318.50  16:21:53 00061663135TRLO0 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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