Transaction in Own Shares

29 July 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 28 July 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	:  366.7301 pence per share
Highest purchase price paid	:  371 pence per share
Lowest purchase price paid	:  364.5 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 6,896,189 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 239,195,234, 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 28 July 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1478	371.00	08:22:11	00060264213TRLO0	LSE
600	371.00	08:22:11	00060264214TRLO0	LSE
135	371.00	08:22:11	00060264215TRLO0	LSE
2628	370.50	08:25:30	00060264349TRLO0	LSE
2628	370.00	08:25:32	00060264350TRLO0	LSE
1939	368.50	08:26:29	00060264381TRLO0	LSE
604	369.00	08:33:55	00060264611TRLO0	LSE
1280	369.00	08:33:55	00060264610TRLO0	LSE
2005	368.00	08:35:23	00060264637TRLO0	LSE
1308	366.00	09:06:22	00060265714TRLO0	LSE
600	366.00	09:06:22	00060265713TRLO0	LSE
700	366.00	09:06:22	00060265715TRLO0	LSE
2161	365.50	09:08:12	00060265802TRLO0	LSE
1626	368.00	09:34:54	00060266760TRLO0	LSE
575	368.00	09:34:54	00060266759TRLO0	LSE
1934	367.50	09:35:58	00060266797TRLO0	LSE
1320	367.00	10:13:23	00060267860TRLO0	LSE
584	367.00	10:13:23	00060267859TRLO0	LSE
77	367.00	10:13:23	00060267862TRLO0	LSE
2015	367.00	10:13:23	00060267861TRLO0	LSE
1949	367.50	10:38:26	00060268680TRLO0	LSE
700	367.00	10:47:07	00060268918TRLO0	LSE
457	366.50	10:49:58	00060268992TRLO0	LSE
559	366.50	10:49:58	00060268991TRLO0	LSE
1106	366.50	10:49:58	00060268990TRLO0	LSE
506	366.00	11:42:52	00060270565TRLO0	LSE
531	366.00	11:53:16	00060270952TRLO0	LSE
538	366.00	12:09:55	00060271710TRLO0	LSE
135	366.00	12:24:55	00060272127TRLO0	LSE
1034	366.00	12:24:55	00060272126TRLO0	LSE
509	366.00	12:24:55	00060272125TRLO0	LSE
64	366.00	12:24:55	00060272130TRLO0	LSE
309	366.00	12:24:55	00060272129TRLO0	LSE
698	366.00	12:24:55	00060272128TRLO0	LSE
2180	366.50	12:24:55	00060272131TRLO0	LSE
158	366.00	12:33:11	00060272426TRLO0	LSE
600	366.00	12:33:11	00060272425TRLO0	LSE
1077	366.00	12:33:11	00060272424TRLO0	LSE
1980	366.50	12:49:32	00060273294TRLO0	LSE
700	366.00	13:22:26	00060275150TRLO0	LSE
731	366.00	13:22:26	00060275149TRLO0	LSE
700	366.00	13:23:26	00060275224TRLO0	LSE
498	366.00	13:23:26	00060275223TRLO0	LSE
160	366.00	13:23:26	00060275222TRLO0	LSE
487	366.00	13:23:26	00060275221TRLO0	LSE
238	366.00	13:40:26	00060276259TRLO0	LSE
700	366.00	13:40:26	00060276258TRLO0	LSE
829	366.00	14:12:29	00060277359TRLO0	LSE
628	366.00	14:12:29	00060277358TRLO0	LSE
600	366.00	14:12:29	00060277357TRLO0	LSE
744	366.00	14:12:29	00060277361TRLO0	LSE
700	366.00	14:12:29	00060277360TRLO0	LSE
1212	366.00	14:29:48	00060278176TRLO0	LSE
627	366.00	14:29:48	00060278175TRLO0	LSE
487	366.00	14:29:48	00060278180TRLO0	LSE
700	366.00	14:29:48	00060278179TRLO0	LSE
2684	366.00	14:29:48	00060278178TRLO0	LSE
1958	365.00	15:08:34	00060280726TRLO0	LSE
462	365.00	15:08:34	00060280725TRLO0	LSE
117	365.00	15:08:34	00060280724TRLO0	LSE
480	365.00	15:08:34	00060280723TRLO0	LSE
856	365.00	15:08:34	00060280722TRLO0	LSE
1301	365.00	15:08:35	00060280728TRLO0	LSE
575	365.00	15:08:35	00060280727TRLO0	LSE
76	364.50	15:26:58	00060282231TRLO0	LSE
517	364.50	15:30:52	00060282458TRLO0	LSE
561	364.50	15:35:17	00060282976TRLO0	LSE
445	364.50	15:38:04	00060283178TRLO0	LSE
222	364.50	15:41:07	00060283466TRLO0	LSE
564	370.50	15:45:26	00060283704TRLO0	LSE
500	370.50	15:45:26	00060283703TRLO0	LSE
1820	370.50	15:45:26	00060283705TRLO0	LSE
1851	369.50	15:46:47	00060283811TRLO0	LSE
27	369.50	15:46:47	00060283810TRLO0	LSE
2228	369.00	15:47:37	00060283876TRLO0	LSE
1445	366.50	16:02:30	00060284913TRLO0	LSE
1894	366.50	16:02:30	00060284912TRLO0	LSE
475	366.50	16:05:14	00060285053TRLO0	LSE
1914	366.50	16:08:14	00060285248TRLO0	LSE
5441	365.50	16:20:13	00060286088TRLO0	LSE
2000	365.50	16:20:13	00060286087TRLO0	LSE
1357	365.50	16:20:13	00060286089TRLO0	LSE
1044	365.50	16:20:13	00060286091TRLO0	LSE
756	365.50	16:20:13	00060286090TRLO0	LSE
600	365.50	16:20:13	00060286092TRLO0	LSE
600	365.50	16:20:13	00060286093TRLO0	LSE
647	365.50	16:20:13	00060286094TRLO0	LSE
145	365.50	16:20:13	00060286095TRLO0	LSE
61	365.50	16:20:13	00060286096TRLO0	LSE
52	365.50	16:20:13	00060286097TRLO0	LSE
435	365.50	16:20:13	00060286099TRLO0	LSE
28	365.50	16:20:13	00060286098TRLO0	LSE
2791	365.50	16:20:13	00060286101TRLO0	LSE
2093	365.50	16:20:13	00060286100TRLO0	LSE
4769	365.50	16:20:50	00060286138TRLO0	LSE
2181	365.50	16:20:50	00060286137TRLO0	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