Transaction in Own Shares

8 June 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 7 June 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	:  85,000
Weighted average purchase price paid	:  384.1515 pence per share
Highest purchase price paid	:  386 pence per share
Lowest purchase price paid	:  381.5 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 3,919,210 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 242,172,213, 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 7 June 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
500	384.00	08:20:12	00059289039TRLO0	LSE
1441	384.00	08:37:19	00059289746TRLO0	LSE
1459	383.00	08:37:19	00059289750TRLO0	LSE
447	384.00	09:24:37	00059291223TRLO0	LSE
494	384.00	09:41:07	00059291785TRLO0	LSE
420	384.00	09:41:07	00059291784TRLO0	LSE
455	384.00	09:41:07	00059291783TRLO0	LSE
1384	384.00	09:41:07	00059291788TRLO0	LSE
334	384.00	09:41:07	00059291787TRLO0	LSE
500	384.00	09:41:07	00059291786TRLO0	LSE
494	384.00	09:41:07	00059291791TRLO0	LSE
500	384.00	09:41:07	00059291790TRLO0	LSE
497	384.00	09:41:07	00059291789TRLO0	LSE
1406	384.50	09:50:09	00059292138TRLO0	LSE
142	384.00	09:51:27	00059292225TRLO0	LSE
500	384.00	09:51:27	00059292224TRLO0	LSE
697	384.00	09:51:27	00059292223TRLO0	LSE
1744	383.50	09:58:11	00059292547TRLO0	LSE
78	383.00	09:58:28	00059292555TRLO0	LSE
1287	383.00	09:58:28	00059292554TRLO0	LSE
269	383.00	10:12:04	00059293316TRLO0	LSE
372	383.00	10:12:04	00059293313TRLO0	LSE
500	383.00	10:12:04	00059293312TRLO0	LSE
408	383.00	10:12:04	00059293311TRLO0	LSE
92	383.00	10:12:04	00059293310TRLO0	LSE
231	383.00	10:12:04	00059293309TRLO0	LSE
1000	383.00	10:12:04	00059293308TRLO0	LSE
277	383.00	10:12:04	00059293307TRLO0	LSE
38	384.50	10:39:45	00059294337TRLO0	LSE
485	384.50	10:39:45	00059294338TRLO0	LSE
524	384.50	10:39:45	00059294339TRLO0	LSE
134	384.50	10:43:21	00059294411TRLO0	LSE
170	384.50	10:43:21	00059294412TRLO0	LSE
189	385.00	10:55:21	00059294665TRLO0	LSE
500	385.00	10:55:21	00059294666TRLO0	LSE
458	385.00	10:55:21	00059294667TRLO0	LSE
25000	384.50	10:59:18	00059294742TRLO0	LSE
323	385.00	11:00:53	00059294778TRLO0	LSE
680	384.00	11:17:31	00059295219TRLO0	LSE
30	384.00	11:21:21	00059295482TRLO0	LSE
660	384.00	11:21:21	00059295481TRLO0	LSE
1311	384.50	11:40:39	00059296090TRLO0	LSE
46	384.50	11:40:39	00059296089TRLO0	LSE
174	384.00	11:59:14	00059296539TRLO0	LSE
1297	384.00	11:59:14	00059296538TRLO0	LSE
871	383.00	12:12:58	00059297321TRLO0	LSE
526	383.00	12:12:58	00059297320TRLO0	LSE
1119	384.50	12:30:08	00059297809TRLO0	LSE
1527	385.00	12:39:26	00059298064TRLO0	LSE
17	385.00	12:42:12	00059298165TRLO0	LSE
489	385.00	12:42:12	00059298182TRLO0	LSE
512	385.00	12:42:12	00059298183TRLO0	LSE
489	385.00	12:42:12	00059298184TRLO0	LSE
35	385.00	12:42:12	00059298185TRLO0	LSE
17	385.50	13:58:28	00059300463TRLO0	LSE
1375	385.50	13:58:28	00059300465TRLO0	LSE
1305	385.50	13:58:28	00059300466TRLO0	LSE
19	385.50	13:58:28	00059300467TRLO0	LSE
425	385.50	13:58:28	00059300468TRLO0	LSE
819	385.50	13:58:28	00059300469TRLO0	LSE
482	385.50	13:58:28	00059300470TRLO0	LSE
500	386.00	13:58:28	00059300471TRLO0	LSE
474	386.00	13:58:28	00059300472TRLO0	LSE
370	384.00	14:14:41	00059301095TRLO0	LSE
1506	384.50	14:32:14	00059301710TRLO0	LSE
726	384.50	14:32:14	00059301709TRLO0	LSE
752	384.50	14:32:14	00059301708TRLO0	LSE
548	384.50	14:38:03	00059301957TRLO0	LSE
23	384.50	14:38:03	00059301956TRLO0	LSE
381	384.50	14:38:03	00059301962TRLO0	LSE
306	384.50	14:39:18	00059302017TRLO0	LSE
15	384.50	14:39:18	00059302016TRLO0	LSE
21	384.50	14:39:18	00059302018TRLO0	LSE
9	384.50	14:39:43	00059302043TRLO0	LSE
75	384.50	14:40:23	00059302067TRLO0	LSE
176	384.50	14:40:23	00059302066TRLO0	LSE
1	384.50	14:42:52	00059302126TRLO0	LSE
1400	384.50	14:42:52	00059302125TRLO0	LSE
1312	383.00	14:56:49	00059302791TRLO0	LSE
131	383.00	14:56:49	00059302790TRLO0	LSE
387	382.50	14:57:16	00059302823TRLO0	LSE
403	382.50	14:57:45	00059302864TRLO0	LSE
116	382.50	14:57:45	00059302863TRLO0	LSE
213	382.50	14:57:45	00059302862TRLO0	LSE
378	382.50	14:57:45	00059302861TRLO0	LSE
251	381.50	15:17:04	00059303777TRLO0	LSE
276	381.50	15:26:26	00059304182TRLO0	LSE
500	383.00	15:36:29	00059304838TRLO0	LSE
500	383.00	15:36:29	00059304839TRLO0	LSE
500	383.00	15:36:29	00059304840TRLO0	LSE
595	383.00	15:36:29	00059304841TRLO0	LSE
875	383.00	15:36:29	00059304842TRLO0	LSE
500	383.00	15:36:31	00059304843TRLO0	LSE
364	383.00	15:40:31	00059305050TRLO0	LSE
500	383.00	15:40:31	00059305049TRLO0	LSE
351	383.00	15:44:31	00059305524TRLO0	LSE
500	383.00	15:44:31	00059305523TRLO0	LSE
359	383.00	15:45:31	00059305615TRLO0	LSE
500	383.00	15:45:31	00059305614TRLO0	LSE
240	383.00	15:45:31	00059305613TRLO0	LSE
873	384.00	15:54:04	00059306451TRLO0	LSE
483	384.00	15:54:04	00059306450TRLO0	LSE
1296	384.00	15:59:04	00059306895TRLO0	LSE
18	384.00	16:04:04	00059307291TRLO0	LSE
1000	384.00	16:04:04	00059307290TRLO0	LSE
443	384.00	16:04:04	00059307289TRLO0	LSE
59	383.50	16:07:07	00059307553TRLO0	LSE
407	383.50	16:09:04	00059307663TRLO0	LSE
301	383.50	16:09:46	00059307700TRLO0	LSE
276	384.50	16:13:46	00059308017TRLO0	LSE
629	384.50	16:15:26	00059308181TRLO0	LSE
259	384.50	16:15:26	00059308180TRLO0	LSE
766	384.50	16:15:26	00059308179TRLO0	LSE
271	384.50	16:15:26	00059308178TRLO0	LSE
384	384.50	16:15:26	00059308183TRLO0	LSE
527	384.50	16:15:26	00059308182TRLO0	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