Transaction in Own Shares

19 May 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 18 May 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	:  91,271
Weighted average purchase price paid	:  381.2046 pence per share
Highest purchase price paid	:  381.5 pence per share
Lowest purchase price paid	:  378 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 3,041,278 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 243,050,145, 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 18 May 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1516	379.00	08:49:02	00058966182TRLO0	LSE
1202	378.50	08:50:12	00058966232TRLO0	LSE
423	378.50	08:50:12	00058966231TRLO0	LSE
1503	378.00	08:54:42	00058966375TRLO0	LSE
1466	380.50	09:21:02	00058967215TRLO0	LSE
1526	380.00	09:21:07	00058967225TRLO0	LSE
104	380.00	09:21:07	00058967224TRLO0	LSE
541	378.50	09:24:21	00058967373TRLO0	LSE
799	378.50	09:24:21	00058967372TRLO0	LSE
32000	381.50	10:05:45	00058968634TRLO0	LSE
1670	381.50	10:11:19	00058968806TRLO0	LSE
100	380.50	10:11:20	00058968811TRLO0	LSE
1200	380.50	10:11:20	00058968810TRLO0	LSE
200	380.50	10:11:20	00058968809TRLO0	LSE
1437	379.50	10:33:16	00058970375TRLO0	LSE
1406	381.50	11:16:32	00058972191TRLO0	LSE
31	381.50	11:16:32	00058972190TRLO0	LSE
117	381.50	11:16:32	00058972189TRLO0	LSE
941	381.00	11:33:49	00058972978TRLO0	LSE
520	381.00	11:33:49	00058972977TRLO0	LSE
846	381.50	16:19:17	00058987526TRLO0	LSE
1468	381.50	16:19:17	00058987525TRLO0	LSE
27	381.50	16:21:24	00058987789TRLO0	LSE
70	381.50	16:21:24	00058987794TRLO0	LSE
861	381.50	16:21:24	00058987793TRLO0	LSE
464	381.50	16:21:24	00058987792TRLO0	LSE
1351	381.50	16:21:24	00058987791TRLO0	LSE
478	381.50	16:21:24	00058987790TRLO0	LSE
1426	381.50	16:21:24	00058987815TRLO0	LSE
1559	381.50	16:21:24	00058987814TRLO0	LSE
1535	381.50	16:21:24	00058987813TRLO0	LSE
3050	381.50	16:21:24	00058987812TRLO0	LSE
1550	381.50	16:21:24	00058987811TRLO0	LSE
1537	381.50	16:21:24	00058987810TRLO0	LSE
1364	381.50	16:21:24	00058987809TRLO0	LSE
1488	381.50	16:21:24	00058987808TRLO0	LSE
1420	381.50	16:21:24	00058987807TRLO0	LSE
1371	381.50	16:21:24	00058987806TRLO0	LSE
1612	381.50	16:21:24	00058987805TRLO0	LSE
1561	381.50	16:21:24	00058987804TRLO0	LSE
1578	381.50	16:21:24	00058987803TRLO0	LSE
1420	381.50	16:21:24	00058987802TRLO0	LSE
1574	381.50	16:21:24	00058987801TRLO0	LSE
1468	381.50	16:21:24	00058987800TRLO0	LSE
1519	381.50	16:21:24	00058987799TRLO0	LSE
1458	381.50	16:21:24	00058987798TRLO0	LSE
1516	381.50	16:21:24	00058987797TRLO0	LSE
1511	381.50	16:21:24	00058987796TRLO0	LSE
1309	381.50	16:21:24	00058987795TRLO0	LSE
1893	381.50	16:21:25	00058987816TRLO0	LSE
2285	381.50	16:24:50	00058988277TRLO0	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