Transaction in Own Shares

07 April 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 06 April 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	:  110,000
Weighted average purchase price paid	:  418.0301  pence per share
Highest purchase price paid	:  424.5 pence per share
Lowest purchase price paid	:  413.5 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 547,105 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 245,544,318, 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 6 April 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
271	424.50	09:00:41	00058139639TRLO0	LSE
884	424.00	09:03:34	00058139809TRLO0	LSE
1211	424.00	09:17:49	00058140324TRLO0	LSE
1246	423.00	09:33:43	00058140948TRLO0	LSE
1171	422.00	09:40:04	00058141272TRLO0	LSE
739	420.00	09:43:34	00058141550TRLO0	LSE
392	420.00	09:43:34	00058141549TRLO0	LSE
1354	420.00	09:50:02	00058141990TRLO0	LSE
94	420.50	09:52:04	00058142074TRLO0	LSE
300	420.00	09:52:04	00058142078TRLO0	LSE
550	420.00	09:52:04	00058142077TRLO0	LSE
205	420.00	09:52:04	00058142080TRLO0	LSE
300	420.00	09:52:04	00058142079TRLO0	LSE
45	419.50	09:52:12	00058142101TRLO0	LSE
93	419.50	09:52:52	00058142139TRLO0	LSE
97	421.00	09:55:00	00058142274TRLO0	LSE
300	421.00	09:55:00	00058142276TRLO0	LSE
445	421.00	09:55:00	00058142275TRLO0	LSE
62	421.00	09:56:40	00058142349TRLO0	LSE
209	421.00	09:56:40	00058142348TRLO0	LSE
446	421.00	09:56:40	00058142347TRLO0	LSE
505	421.00	09:56:40	00058142346TRLO0	LSE
1204	421.50	10:05:22	00058142820TRLO0	LSE
1082	420.50	10:21:22	00058143910TRLO0	LSE
155	420.50	10:21:22	00058143911TRLO0	LSE
931	420.50	10:36:42	00058144572TRLO0	LSE
114	420.50	10:43:12	00058144946TRLO0	LSE
465	420.50	10:50:23	00058145276TRLO0	LSE
300	420.50	10:50:23	00058145275TRLO0	LSE
438	420.50	10:50:23	00058145274TRLO0	LSE
233	420.50	10:50:23	00058145273TRLO0	LSE
1099	420.50	11:01:36	00058146029TRLO0	LSE
1291	420.00	11:01:41	00058146033TRLO0	LSE
588	420.50	11:11:31	00058146648TRLO0	LSE
600	420.50	11:11:31	00058146647TRLO0	LSE
1164	420.00	11:11:31	00058146661TRLO0	LSE
384	420.00	11:11:31	00058146663TRLO0	LSE
592	420.00	11:11:31	00058146668TRLO0	LSE
350	420.00	11:31:44	00058148129TRLO0	LSE
16	420.00	11:31:44	00058148128TRLO0	LSE
1266	420.50	11:43:58	00058148633TRLO0	LSE
7	420.50	11:43:58	00058148632TRLO0	LSE
1135	420.50	11:43:58	00058148631TRLO0	LSE
56	420.00	11:45:35	00058148690TRLO0	LSE
25	420.00	11:45:35	00058148691TRLO0	LSE
777	420.00	12:13:55	00058150258TRLO0	LSE
300	420.00	12:13:55	00058150257TRLO0	LSE
1214	419.00	12:22:38	00058150565TRLO0	LSE
22	418.50	12:22:38	00058150566TRLO0	LSE
656	418.50	12:22:38	00058150570TRLO0	LSE
520	418.50	12:22:38	00058150569TRLO0	LSE
1222	418.00	12:22:41	00058150577TRLO0	LSE
1198	418.00	12:22:41	00058150576TRLO0	LSE
267	417.50	12:25:13	00058150716TRLO0	LSE
2164	417.50	12:27:29	00058150793TRLO0	LSE
1252	420.00	12:53:20	00058152102TRLO0	LSE
119	420.00	12:53:20	00058152101TRLO0	LSE
484	420.00	12:53:24	00058152104TRLO0	LSE
618	420.00	12:53:24	00058152103TRLO0	LSE
417	419.50	12:55:29	00058152197TRLO0	LSE
906	419.50	12:55:29	00058152196TRLO0	LSE
1347	419.50	13:38:35	00058154037TRLO0	LSE
421	419.50	13:38:35	00058154036TRLO0	LSE
741	419.50	13:38:35	00058154035TRLO0	LSE
350	419.50	13:38:35	00058154038TRLO0	LSE
1339	419.00	13:44:13	00058154379TRLO0	LSE
732	418.50	13:46:44	00058154712TRLO0	LSE
12900	419.00	13:50:44	00058155115TRLO0	LSE
1816	418.50	14:18:03	00058156928TRLO0	LSE
1233	418.50	14:18:03	00058156929TRLO0	LSE
1135	418.50	14:18:03	00058156930TRLO0	LSE
996	419.00	14:32:03	00058158076TRLO0	LSE
300	419.00	14:32:03	00058158075TRLO0	LSE
1209	418.50	14:32:03	00058158078TRLO0	LSE
195	418.50	14:32:03	00058158077TRLO0	LSE
1318	417.50	14:32:09	00058158100TRLO0	LSE
328	417.00	14:43:12	00058159324TRLO0	LSE
431	417.00	14:43:12	00058159323TRLO0	LSE
14	417.00	14:43:12	00058159322TRLO0	LSE
350	417.00	14:43:12	00058159321TRLO0	LSE
1353	416.50	14:43:12	00058159325TRLO0	LSE
1173	415.00	14:44:27	00058159511TRLO0	LSE
35000	416.25	14:52:24	00058160048TRLO0	LSE
684	415.50	14:52:34	00058160053TRLO0	LSE
582	415.50	14:57:02	00058160359TRLO0	LSE
1046	413.50	15:03:19	00058161040TRLO0	LSE
106	413.50	15:03:19	00058161039TRLO0	LSE
6	413.50	15:25:52	00058163382TRLO0	LSE
8	413.50	15:26:06	00058163397TRLO0	LSE
13	413.50	15:26:51	00058163448TRLO0	LSE
610	413.50	15:27:26	00058163537TRLO0	LSE
5	413.50	15:27:27	00058163538TRLO0	LSE
7	413.50	15:27:39	00058163544TRLO0	LSE
672	413.50	15:27:59	00058163595TRLO0	LSE
1182	413.50	15:43:28	00058165095TRLO0	LSE
1059	414.50	15:48:04	00058165534TRLO0	LSE
102	414.50	15:48:04	00058165533TRLO0	LSE
1190	414.00	15:59:34	00058166457TRLO0	LSE
121	415.00	16:11:31	00058167411TRLO0	LSE
562	415.00	16:11:31	00058167410TRLO0	LSE
87	414.50	16:13:40	00058167585TRLO0	LSE
727	414.50	16:15:13	00058167700TRLO0	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/Tilly Abraham  [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