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

16 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 16 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 :  100,000
Weighted average purchase price paid :  415.6767 pence per share
Highest purchase price paid :  418 pence per share
Lowest purchase price paid :  411 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 16,310,785 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 229,780,638 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 16 December 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
397 416.00  08:30:00 00062767320TRLO0 LSE
1331 416.00  08:30:00 00062767319TRLO0 LSE
1730 416.50  08:36:22 00062767728TRLO0 LSE
267 418.00  08:46:15 00062768371TRLO0 LSE
2084 417.50  08:49:50 00062768496TRLO0 LSE
1612 417.50  08:49:50 00062768498TRLO0 LSE
140 417.50  08:49:50 00062768497TRLO0 LSE
1397 417.00  08:54:04 00062768742TRLO0 LSE
74 417.00  08:54:04 00062768741TRLO0 LSE
789 416.50  09:12:14 00062769398TRLO0 LSE
231 416.50  09:12:14 00062769397TRLO0 LSE
125 416.50  09:12:14 00062769396TRLO0 LSE
375 416.50  09:12:14 00062769395TRLO0 LSE
125 416.50  09:12:14 00062769394TRLO0 LSE
86 416.50  09:12:14 00062769393TRLO0 LSE
1183 417.00  09:28:54 00062770223TRLO0 LSE
276 417.00  09:28:54 00062770222TRLO0 LSE
302 417.00  09:28:59 00062770227TRLO0 LSE
25 417.00  09:47:02 00062771021TRLO0 LSE
1654 418.00  09:58:17 00062771424TRLO0 LSE
234 417.50  10:01:11 00062771545TRLO0 LSE
177 417.50  10:01:11 00062771544TRLO0 LSE
1368 417.50  10:01:11 00062771546TRLO0 LSE
276 417.00  10:02:49 00062771706TRLO0 LSE
668 417.00  10:03:57 00062771765TRLO0 LSE
370 417.00  10:03:57 00062771764TRLO0 LSE
265 417.00  10:03:57 00062771763TRLO0 LSE
1526 416.50  10:21:32 00062773330TRLO0 LSE
1726 416.50  10:21:32 00062773329TRLO0 LSE
1758 416.50  10:21:32 00062773328TRLO0 LSE
206 416.50  10:21:32 00062773332TRLO0 LSE
1478 416.50  10:21:32 00062773331TRLO0 LSE
69 415.50  10:28:18 00062773807TRLO0 LSE
160 415.50  10:28:18 00062773806TRLO0 LSE
1429 415.00  10:29:45 00062773899TRLO0 LSE
109 415.00  10:29:45 00062773898TRLO0 LSE
114 415.00  10:29:45 00062773897TRLO0 LSE
125 415.00  10:29:45 00062773896TRLO0 LSE
49 415.00  10:29:45 00062773895TRLO0 LSE
14 416.00  10:46:25 00062774689TRLO0 LSE
1500 416.00  10:46:25 00062774688TRLO0 LSE
50 416.00  10:46:25 00062774687TRLO0 LSE
471 415.00  10:53:36 00062775392TRLO0 LSE
505 415.00  10:53:36 00062775390TRLO0 LSE
518 415.00  10:53:36 00062775393TRLO0 LSE
156 415.50  11:30:59 00062776854TRLO0 LSE
125 415.50  11:30:59 00062776853TRLO0 LSE
125 415.50  11:30:59 00062776852TRLO0 LSE
1125 415.50  11:30:59 00062776851TRLO0 LSE
222 415.50  11:30:59 00062776850TRLO0 LSE
335 416.00  11:53:48 00062777473TRLO0 LSE
247 416.00  11:53:48 00062777472TRLO0 LSE
1010 416.50  12:01:09 00062777739TRLO0 LSE
123 416.50  12:01:09 00062777738TRLO0 LSE
546 416.50  12:15:33 00062778226TRLO0 LSE
180 417.00  12:16:08 00062778251TRLO0 LSE
34 417.00  12:16:08 00062778250TRLO0 LSE
272 417.00  12:18:58 00062778335TRLO0 LSE
182 417.00  12:18:58 00062778334TRLO0 LSE
142 416.50  12:24:23 00062778493TRLO0 LSE
809 416.50  12:24:23 00062778492TRLO0 LSE
125 416.50  12:24:23 00062778491TRLO0 LSE
375 416.50  12:24:23 00062778490TRLO0 LSE
125 416.50  12:24:23 00062778489TRLO0 LSE
1081 416.00  12:26:42 00062778655TRLO0 LSE
375 416.00  12:26:42 00062778654TRLO0 LSE
391 416.00  12:26:42 00062778653TRLO0 LSE
599 416.00  12:26:42 00062778657TRLO0 LSE
1000 416.00  12:26:42 00062778656TRLO0 LSE
175 415.50  13:05:27 00062780005TRLO0 LSE
750 415.50  13:05:27 00062780004TRLO0 LSE
817 415.50  13:05:27 00062780003TRLO0 LSE
1796 415.00  13:09:54 00062780136TRLO0 LSE
539 415.00  13:09:54 00062780143TRLO0 LSE
500 415.00  13:09:54 00062780140TRLO0 LSE
383 415.00  13:09:54 00062780139TRLO0 LSE
374 415.00  13:09:54 00062780138TRLO0 LSE
226 415.50  13:49:09 00062781790TRLO0 LSE
710 415.50  13:49:09 00062781791TRLO0 LSE
542 415.00  13:50:31 00062781824TRLO0 LSE
672 415.00  13:50:31 00062781823TRLO0 LSE
500 415.00  13:54:25 00062781986TRLO0 LSE
250 415.00  13:54:25 00062781985TRLO0 LSE
426 415.00  13:54:25 00062781984TRLO0 LSE
670 415.00  13:54:25 00062781983TRLO0 LSE
386 415.00  13:54:25 00062781987TRLO0 LSE
125 415.50  14:14:57 00062782823TRLO0 LSE
500 415.50  14:14:57 00062782822TRLO0 LSE
556 416.00  14:16:39 00062782916TRLO0 LSE
326 416.00  14:16:39 00062782915TRLO0 LSE
747 416.00  14:16:39 00062782914TRLO0 LSE
125 415.50  14:17:12 00062782931TRLO0 LSE
125 415.50  14:17:12 00062782930TRLO0 LSE
125 415.50  14:17:12 00062782929TRLO0 LSE
500 415.50  14:17:12 00062782928TRLO0 LSE
274 415.50  14:17:12 00062782927TRLO0 LSE
616 415.50  14:17:12 00062782932TRLO0 LSE
125 415.00  14:22:48 00062783052TRLO0 LSE
375 415.00  14:22:48 00062783051TRLO0 LSE
681 415.00  14:22:48 00062783050TRLO0 LSE
544 415.00  14:22:48 00062783053TRLO0 LSE
141 416.00  14:35:22 00062783673TRLO0 LSE
1316 416.00  14:35:22 00062783672TRLO0 LSE
594 416.00  14:35:22 00062783674TRLO0 LSE
1545 416.00  14:39:24 00062784002TRLO0 LSE
174 416.50  14:47:09 00062784249TRLO0 LSE
390 416.50  14:47:09 00062784250TRLO0 LSE
612 416.50  14:57:09 00062784704TRLO0 LSE
1000 416.50  14:57:09 00062784703TRLO0 LSE
370 416.00  14:57:52 00062784734TRLO0 LSE
345 416.00  14:57:52 00062784733TRLO0 LSE
250 416.00  14:57:52 00062784732TRLO0 LSE
371 416.00  14:57:52 00062784731TRLO0 LSE
125 416.00  14:57:52 00062784730TRLO0 LSE
3 416.00  14:57:52 00062784729TRLO0 LSE
340 416.00  14:57:52 00062784736TRLO0 LSE
811 416.00  14:58:22 00062784744TRLO0 LSE
500 414.50  15:04:35 00062784978TRLO0 LSE
62 414.50  15:04:35 00062784977TRLO0 LSE
125 414.50  15:04:35 00062784976TRLO0 LSE
37 414.50  15:04:35 00062784975TRLO0 LSE
312 414.50  15:04:35 00062784981TRLO0 LSE
500 414.50  15:04:35 00062784980TRLO0 LSE
68 414.50  15:04:35 00062784979TRLO0 LSE
556 414.00  15:10:41 00062785465TRLO0 LSE
492 414.00  15:10:41 00062785464TRLO0 LSE
73 414.00  15:10:41 00062785463TRLO0 LSE
413 414.00  15:10:41 00062785462TRLO0 LSE
639 414.00  15:19:04 00062786071TRLO0 LSE
59 414.00  15:20:04 00062786163TRLO0 LSE
666 414.00  15:20:04 00062786162TRLO0 LSE
81 414.00  15:23:30 00062786392TRLO0 LSE
100 414.00  15:23:30 00062786391TRLO0 LSE
615 414.00  15:23:30 00062786390TRLO0 LSE
404 414.00  15:23:30 00062786389TRLO0 LSE
652 413.00  15:32:22 00062787032TRLO0 LSE
929 413.00  15:32:22 00062787033TRLO0 LSE
1021 411.00  15:36:08 00062787202TRLO0 LSE
115 413.50  15:46:30 00062787561TRLO0 LSE
125 413.50  15:46:30 00062787560TRLO0 LSE
125 413.50  15:46:30 00062787559TRLO0 LSE
500 413.50  15:46:30 00062787558TRLO0 LSE
500 413.50  15:46:30 00062787557TRLO0 LSE
1000 413.50  15:46:30 00062787556TRLO0 LSE
2500 413.50  15:46:30 00062787555TRLO0 LSE
649 413.50  15:46:47 00062787588TRLO0 LSE
75 413.50  15:46:47 00062787587TRLO0 LSE
359 413.50  15:46:47 00062787586TRLO0 LSE
500 413.50  15:46:47 00062787585TRLO0 LSE
1136 415.00  15:53:47 00062787849TRLO0 LSE
635 415.00  15:53:47 00062787850TRLO0 LSE
360 415.50  15:55:00 00062787922TRLO0 LSE
500 415.50  15:55:00 00062787923TRLO0 LSE
100 415.50  15:55:02 00062787926TRLO0 LSE
1020 415.50  15:55:08 00062787931TRLO0 LSE
245 415.50  16:00:06 00062788069TRLO0 LSE
75 415.50  16:00:06 00062788068TRLO0 LSE
130 415.50  16:00:06 00062788067TRLO0 LSE
386 415.50  16:00:06 00062788070TRLO0 LSE
386 415.50  16:00:06 00062788071TRLO0 LSE
386 415.50  16:00:06 00062788072TRLO0 LSE
1699 415.50  16:00:06 00062788074TRLO0 LSE
386 415.50  16:00:06 00062788073TRLO0 LSE
285 415.50  16:00:20 00062788090TRLO0 LSE
1110 415.50  16:00:20 00062788089TRLO0 LSE
386 415.50  16:00:20 00062788088TRLO0 LSE
484 415.50  16:00:20 00062788087TRLO0 LSE
402 415.50  16:00:20 00062788086TRLO0 LSE
413 415.00  16:12:50 00062788767TRLO0 LSE
56 415.50  16:12:50 00062788775TRLO0 LSE
389 415.50  16:12:50 00062788774TRLO0 LSE
78 415.50  16:12:50 00062788772TRLO0 LSE
395 415.50  16:12:50 00062788771TRLO0 LSE
352 415.50  16:12:50 00062788770TRLO0 LSE
76 415.50  16:12:50 00062788769TRLO0 LSE
1428 415.50  16:12:50 00062788768TRLO0 LSE
340 415.50  16:12:50 00062788778TRLO0 LSE
178 415.50  16:12:50 00062788777TRLO0 LSE
393 415.50  16:12:50 00062788776TRLO0 LSE
413 415.50  16:13:10 00062788812TRLO0 LSE
226 415.50  16:13:10 00062788811TRLO0 LSE
87 415.50  16:13:10 00062788810TRLO0 LSE
178 415.50  16:13:10 00062788809TRLO0 LSE
438 415.50  16:13:20 00062788817TRLO0 LSE
234 415.50  16:13:20 00062788816TRLO0 LSE
432 416.50  16:15:08 00062789019TRLO0 LSE
484 416.50  16:15:45 00062789135TRLO0 LSE
125 416.50  16:15:45 00062789134TRLO0 LSE
436 416.50  16:15:45 00062789133TRLO0 LSE
125 416.50  16:15:45 00062789132TRLO0 LSE
625 416.50  16:15:45 00062789131TRLO0 LSE
67 416.50  16:15:50 00062789137TRLO0 LSE
991 416.50  16:15:50 00062789136TRLO0 LSE
19 416.50  16:15:50 00062789140TRLO0 LSE
500 416.50  16:15:50 00062789139TRLO0 LSE
125 416.50  16:15:50 00062789138TRLO0 LSE
32 416.50  16:17:50 00062789317TRLO0 LSE
125 416.50  16:17:50 00062789316TRLO0 LSE
1207 416.50  16:17:50 00062789315TRLO0 LSE
125 416.50  16:17:50 00062789314TRLO0 LSE
151 416.50  16:19:13 00062789468TRLO0 LSE
125 416.50  16:19:13 00062789467TRLO0 LSE
250 416.50  16:19:13 00062789466TRLO0 LSE
600 416.50  16:19:13 00062789465TRLO0 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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