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

15 December 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 15 December 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 :  415.3734 pence per share
Highest purchase price paid :  417.5 pence per share
Lowest purchase price paid :  413 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 16,210,785 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 229,880,638 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 15 December 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
344 417.00  09:28:59 00062743635TRLO0 LSE
16 417.00  09:28:59 00062743636TRLO0 LSE
1613 416.00  09:31:22 00062743694TRLO0 LSE
1627 416.00  09:46:31 00062743994TRLO0 LSE
1782 415.00  09:51:59 00062744175TRLO0 LSE
1492 415.00  10:34:44 00062745174TRLO0 LSE
356 417.00  10:54:47 00062746307TRLO0 LSE
375 417.00  10:54:47 00062746308TRLO0 LSE
356 417.00  10:54:47 00062746309TRLO0 LSE
250 417.00  10:54:47 00062746310TRLO0 LSE
284 417.00  10:54:47 00062746311TRLO0 LSE
1361 416.50  10:56:32 00062746368TRLO0 LSE
956 416.50  10:56:32 00062746369TRLO0 LSE
179 416.50  10:57:02 00062746398TRLO0 LSE
250 415.50  11:15:02 00062747260TRLO0 LSE
875 415.50  11:15:02 00062747261TRLO0 LSE
250 415.50  11:15:02 00062747262TRLO0 LSE
172 415.50  11:15:02 00062747263TRLO0 LSE
1606 415.00  11:20:03 00062747477TRLO0 LSE
1694 415.50  11:21:58 00062747778TRLO0 LSE
1649 415.00  11:28:57 00062748116TRLO0 LSE
1643 414.00  11:28:57 00062748118TRLO0 LSE
873 415.00  12:02:10 00062749229TRLO0 LSE
625 415.00  12:02:10 00062749230TRLO0 LSE
120 415.00  12:02:10 00062749231TRLO0 LSE
270 414.50  12:08:03 00062749343TRLO0 LSE
250 414.50  12:08:03 00062749344TRLO0 LSE
125 414.50  12:08:03 00062749345TRLO0 LSE
125 414.50  12:08:03 00062749346TRLO0 LSE
255 414.50  12:08:03 00062749347TRLO0 LSE
500 414.50  12:08:03 00062749348TRLO0 LSE
89 414.50  12:08:03 00062749349TRLO0 LSE
1178 415.50  12:39:29 00062750325TRLO0 LSE
307 415.50  12:39:29 00062750326TRLO0 LSE
1663 416.00  13:12:25 00062751632TRLO0 LSE
609 416.00  13:13:00 00062751651TRLO0 LSE
735 415.00  13:15:22 00062751867TRLO0 LSE
236 415.00  13:15:22 00062751868TRLO0 LSE
297 415.00  13:15:22 00062751869TRLO0 LSE
583 415.00  13:15:22 00062751870TRLO0 LSE
1531 414.50  13:25:20 00062752613TRLO0 LSE
1459 414.00  13:25:20 00062752614TRLO0 LSE
74 414.50  13:37:29 00062753360TRLO0 LSE
250 414.50  13:37:29 00062753361TRLO0 LSE
375 414.50  13:37:29 00062753362TRLO0 LSE
932 414.50  13:37:29 00062753363TRLO0 LSE
797 414.50  13:50:03 00062754546TRLO0 LSE
896 414.50  13:50:03 00062754549TRLO0 LSE
899 414.50  14:06:03 00062755237TRLO0 LSE
236 414.50  14:06:03 00062755238TRLO0 LSE
150 414.50  14:06:03 00062755239TRLO0 LSE
362 414.50  14:06:03 00062755240TRLO0 LSE
1616 414.00  14:08:01 00062755363TRLO0 LSE
1527 413.50  14:16:58 00062755821TRLO0 LSE
872 413.50  14:19:06 00062755962TRLO0 LSE
761 413.50  14:19:06 00062755963TRLO0 LSE
372 413.50  14:23:02 00062756109TRLO0 LSE
500 413.50  14:23:02 00062756110TRLO0 LSE
375 413.50  14:23:02 00062756111TRLO0 LSE
500 413.50  14:23:02 00062756112TRLO0 LSE
31 413.50  14:23:02 00062756113TRLO0 LSE
272 413.50  14:25:03 00062756194TRLO0 LSE
291 415.50  14:30:10 00062756640TRLO0 LSE
500 416.00  14:32:10 00062756859TRLO0 LSE
500 416.00  14:32:10 00062756860TRLO0 LSE
792 416.00  14:32:10 00062756861TRLO0 LSE
1605 415.50  14:32:10 00062756862TRLO0 LSE
1125 415.00  14:34:05 00062757021TRLO0 LSE
679 415.00  14:34:05 00062757022TRLO0 LSE
298 415.00  14:34:05 00062757023TRLO0 LSE
298 415.00  14:34:05 00062757024TRLO0 LSE
882 415.00  14:34:08 00062757029TRLO0 LSE
500 415.00  14:52:40 00062758086TRLO0 LSE
250 415.00  14:52:40 00062758087TRLO0 LSE
714 415.00  14:52:40 00062758088TRLO0 LSE
250 415.00  14:55:52 00062758263TRLO0 LSE
1000 415.00  14:55:52 00062758264TRLO0 LSE
384 415.00  14:55:52 00062758265TRLO0 LSE
1616 414.50  14:56:43 00062758329TRLO0 LSE
1862 414.00  15:02:03 00062758648TRLO0 LSE
1803 413.00  15:03:20 00062758773TRLO0 LSE
471 415.50  15:16:30 00062759562TRLO0 LSE
1672 415.50  15:20:10 00062759788TRLO0 LSE
372 416.00  15:25:03 00062759995TRLO0 LSE
1 416.00  15:25:03 00062759996TRLO0 LSE
500 416.00  15:25:03 00062759997TRLO0 LSE
125 416.00  15:25:03 00062759998TRLO0 LSE
125 416.00  15:25:03 00062759999TRLO0 LSE
500 416.00  15:25:03 00062760000TRLO0 LSE
95 416.00  15:25:03 00062760001TRLO0 LSE
240 416.50  15:30:00 00062760241TRLO0 LSE
1779 416.50  15:30:00 00062760242TRLO0 LSE
125 416.00  15:31:03 00062760283TRLO0 LSE
527 416.00  15:31:03 00062760284TRLO0 LSE
1121 416.00  15:31:03 00062760285TRLO0 LSE
1517 416.50  15:46:03 00062760929TRLO0 LSE
1543 417.00  15:48:59 00062761054TRLO0 LSE
1540 416.50  15:50:03 00062761079TRLO0 LSE
125 416.50  15:50:03 00062761080TRLO0 LSE
31 416.50  15:50:03 00062761081TRLO0 LSE
70 417.00  15:55:16 00062761324TRLO0 LSE
207 417.00  15:55:16 00062761325TRLO0 LSE
326 417.50  15:55:25 00062761347TRLO0 LSE
314 417.50  15:55:25 00062761348TRLO0 LSE
491 417.50  15:55:25 00062761349TRLO0 LSE
99 417.50  15:55:25 00062761350TRLO0 LSE
506 417.00  15:57:51 00062761426TRLO0 LSE
440 417.50  16:00:10 00062761559TRLO0 LSE
1898 417.00  16:03:03 00062761673TRLO0 LSE
875 417.00  16:03:03 00062761674TRLO0 LSE
157 417.00  16:03:03 00062761675TRLO0 LSE
571 417.00  16:03:03 00062761676TRLO0 LSE
585 417.00  16:11:46 00062762397TRLO0 LSE
500 417.00  16:11:46 00062762398TRLO0 LSE
500 417.00  16:11:46 00062762399TRLO0 LSE
108 417.00  16:11:46 00062762400TRLO0 LSE
23 417.00  16:11:46 00062762401TRLO0 LSE
51 417.00  16:11:46 00062762402TRLO0 LSE
920 416.50  16:15:30 00062762932TRLO0 LSE
500 416.50  16:15:30 00062762933TRLO0 LSE
344 416.50  16:15:30 00062762934TRLO0 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

UK 100

Latest directors dealings