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

21 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 21 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	:  125,079
Weighted average purchase price paid	:  315.5171 pence per share
Highest purchase price paid	:  318 pence per share
Lowest purchase price paid	:  311 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 13,116,556 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 232,974,867 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 21 October 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
720	318.00	08:15:02	00061686351TRLO0	LSE
592	318.00	08:15:02	00061686350TRLO0	LSE
1083	318.00	08:15:02	00061686349TRLO0	LSE
1700	318.00	08:30:13	00061686804TRLO0	LSE
275	318.00	08:30:13	00061686805TRLO0	LSE
20000	318.00	08:41:21	00061687113TRLO0	LSE
2271	317.50	08:52:07	00061687363TRLO0	LSE
1805	316.50	08:52:12	00061687368TRLO0	LSE
1090	316.00	08:57:04	00061687506TRLO0	LSE
179	316.00	08:57:04	00061687507TRLO0	LSE
751	315.00	09:05:16	00061687749TRLO0	LSE
700	315.00	09:05:16	00061687750TRLO0	LSE
623	315.00	09:05:16	00061687751TRLO0	LSE
56	313.50	09:20:41	00061688203TRLO0	LSE
1728	313.50	09:20:43	00061688209TRLO0	LSE
510	313.00	09:35:56	00061689074TRLO0	LSE
700	313.00	09:35:56	00061689075TRLO0	LSE
648	313.00	09:35:56	00061689076TRLO0	LSE
561	313.00	09:35:56	00061689077TRLO0	LSE
1333	313.00	10:07:09	00061690440TRLO0	LSE
504	313.00	10:07:09	00061690441TRLO0	LSE
2144	313.00	10:07:09	00061690442TRLO0	LSE
1879	312.50	11:12:07	00061692967TRLO0	LSE
2	312.50	11:12:07	00061692968TRLO0	LSE
4	312.50	11:12:07	00061692969TRLO0	LSE
403	311.50	11:15:10	00061693034TRLO0	LSE
1692	311.50	11:15:10	00061693035TRLO0	LSE
528	311.00	12:37:07	00061694703TRLO0	LSE
1054	311.50	12:48:02	00061694908TRLO0	LSE
1358	314.00	12:52:33	00061695014TRLO0	LSE
419	314.00	12:52:33	00061695015TRLO0	LSE
3434	314.00	12:52:33	00061695016TRLO0	LSE
581	314.00	12:52:33	00061695017TRLO0	LSE
1488	314.00	12:52:33	00061695018TRLO0	LSE
123	313.50	12:57:31	00061695137TRLO0	LSE
800	313.50	12:59:27	00061695174TRLO0	LSE
1066	313.50	12:59:27	00061695175TRLO0	LSE
832	313.50	12:59:27	00061695176TRLO0	LSE
940	313.00	13:11:17	00061695447TRLO0	LSE
395	313.00	13:11:17	00061695448TRLO0	LSE
500	313.00	13:11:17	00061695449TRLO0	LSE
789	313.00	13:17:38	00061695658TRLO0	LSE
1392	313.00	13:17:38	00061695659TRLO0	LSE
719	313.00	13:17:38	00061695660TRLO0	LSE
60	312.50	13:17:47	00061695664TRLO0	LSE
4	312.50	13:18:21	00061695693TRLO0	LSE
846	312.50	13:18:21	00061695694TRLO0	LSE
1453	312.50	13:18:21	00061695695TRLO0	LSE
14	312.50	13:18:21	00061695696TRLO0	LSE
1814	314.00	13:34:13	00061696179TRLO0	LSE
2064	314.00	13:46:26	00061696551TRLO0	LSE
418	314.00	13:46:26	00061696552TRLO0	LSE
1431	314.00	13:46:26	00061696553TRLO0	LSE
1784	313.50	13:46:32	00061696554TRLO0	LSE
299	314.00	13:46:32	00061696555TRLO0	LSE
657	314.00	13:46:32	00061696556TRLO0	LSE
727	313.00	13:52:47	00061696690TRLO0	LSE
735	313.00	13:52:52	00061696691TRLO0	LSE
283	313.00	13:52:52	00061696692TRLO0	LSE
1840	314.50	14:13:18	00061697915TRLO0	LSE
119	314.50	14:13:48	00061697967TRLO0	LSE
581	314.50	14:13:48	00061697968TRLO0	LSE
1361	314.50	14:13:48	00061697969TRLO0	LSE
1932	316.00	14:29:36	00061698588TRLO0	LSE
333	315.50	14:31:11	00061698661TRLO0	LSE
3	315.50	14:31:11	00061698662TRLO0	LSE
3098	315.50	14:31:11	00061698663TRLO0	LSE
2907	317.50	15:03:39	00061701489TRLO0	LSE
1697	317.00	15:04:22	00061701967TRLO0	LSE
400	317.00	15:04:22	00061701968TRLO0	LSE
1832	317.50	15:14:36	00061702800TRLO0	LSE
156	317.50	15:14:36	00061702801TRLO0	LSE
1734	316.00	15:25:48	00061703374TRLO0	LSE
299	316.00	15:25:48	00061703375TRLO0	LSE
700	316.50	15:54:04	00061704958TRLO0	LSE
700	316.50	15:54:04	00061704959TRLO0	LSE
227	316.50	15:54:04	00061704960TRLO0	LSE
420	316.50	15:54:04	00061704961TRLO0	LSE
1780	316.00	15:54:11	00061704975TRLO0	LSE
30000	316.00	15:59:13	00061705366TRLO0	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