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

1 August 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 29 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	:  75,000
Weighted average purchase price paid	:  366.5437 pence per share
Highest purchase price paid	:  368.5 pence per share
Lowest purchase price paid	:  365 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 6,971,189 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 239,120,234, 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 29 July 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1549	368.50	08:41:38	00060289841TRLO0	LSE
600	368.50	08:41:38	00060289840TRLO0	LSE
2224	367.50	08:41:38	00060289842TRLO0	LSE
2244	368.00	08:51:06	00060290354TRLO0	LSE
2219	368.50	09:05:25	00060291095TRLO0	LSE
326	368.00	09:14:22	00060291482TRLO0	LSE
759	368.00	09:15:30	00060291568TRLO0	LSE
413	368.00	09:15:30	00060291569TRLO0	LSE
382	368.00	09:20:14	00060291847TRLO0	LSE
932	368.00	09:20:14	00060291848TRLO0	LSE
1757	368.00	09:20:14	00060291849TRLO0	LSE
1400	367.00	09:31:54	00060292388TRLO0	LSE
459	367.00	09:31:54	00060292389TRLO0	LSE
1836	367.00	10:01:31	00060293817TRLO0	LSE
528	367.00	10:01:31	00060293818TRLO0	LSE
757	367.00	10:01:31	00060293819TRLO0	LSE
1376	367.00	10:01:31	00060293820TRLO0	LSE
1091	366.00	10:02:00	00060293828TRLO0	LSE
1824	367.00	10:45:57	00060296138TRLO0	LSE
212	367.00	10:58:58	00060296871TRLO0	LSE
2060	367.00	11:11:19	00060297143TRLO0	LSE
977	367.00	11:11:19	00060297144TRLO0	LSE
487	367.00	11:11:19	00060297145TRLO0	LSE
931	366.00	11:11:22	00060297148TRLO0	LSE
1280	366.00	11:11:22	00060297149TRLO0	LSE
2017	366.00	12:05:07	00060299534TRLO0	LSE
2212	366.00	12:05:07	00060299535TRLO0	LSE
465	366.00	12:48:07	00060301026TRLO0	LSE
1709	366.00	12:48:07	00060301027TRLO0	LSE
1915	365.50	12:54:42	00060301310TRLO0	LSE
2187	365.00	12:54:42	00060301311TRLO0	LSE
1381	365.50	13:18:15	00060302385TRLO0	LSE
89	365.50	13:18:15	00060302386TRLO0	LSE
537	365.50	13:18:15	00060302387TRLO0	LSE
578	366.00	13:18:15	00060302388TRLO0	LSE
133	366.00	13:18:15	00060302389TRLO0	LSE
472	365.00	13:34:37	00060303172TRLO0	LSE
1382	365.00	13:34:37	00060303173TRLO0	LSE
1437	365.50	14:04:00	00060304584TRLO0	LSE
722	365.50	14:04:00	00060304585TRLO0	LSE
1589	365.00	14:18:41	00060305390TRLO0	LSE
498	365.00	14:18:41	00060305391TRLO0	LSE
34	365.00	14:18:41	00060305392TRLO0	LSE
142	365.00	14:18:41	00060305393TRLO0	LSE
5	365.00	14:18:41	00060305394TRLO0	LSE
1200	365.50	14:32:55	00060306281TRLO0	LSE
816	365.50	14:32:55	00060306282TRLO0	LSE
1007	365.50	14:40:55	00060306795TRLO0	LSE
950	365.50	14:40:55	00060306796TRLO0	LSE
2236	365.50	14:47:05	00060307253TRLO0	LSE
245	365.50	15:00:59	00060307932TRLO0	LSE
461	365.50	15:00:59	00060307933TRLO0	LSE
600	365.50	15:00:59	00060307934TRLO0	LSE
902	365.50	15:00:59	00060307935TRLO0	LSE
2008	366.50	15:13:35	00060308737TRLO0	LSE
41	366.50	15:13:35	00060308738TRLO0	LSE
2231	366.50	15:19:35	00060309098TRLO0	LSE
1942	366.00	15:23:33	00060309370TRLO0	LSE
1839	366.00	15:35:04	00060310153TRLO0	LSE
553	366.50	15:42:45	00060310752TRLO0	LSE
229	366.50	15:42:45	00060310753TRLO0	LSE
535	366.50	15:42:45	00060310754TRLO0	LSE
594	366.50	15:42:45	00060310755TRLO0	LSE
29	366.50	15:42:45	00060310756TRLO0	LSE
159	366.50	15:42:45	00060310757TRLO0	LSE
1344	366.50	15:43:15	00060310792TRLO0	LSE
600	368.00	15:56:53	00060311951TRLO0	LSE
1325	368.00	15:56:53	00060311952TRLO0	LSE
2055	367.50	15:59:59	00060312195TRLO0	LSE
159	367.50	16:07:15	00060312711TRLO0	LSE
484	367.50	16:07:15	00060312712TRLO0	LSE
901	367.50	16:07:15	00060312713TRLO0	LSE
536	367.00	16:08:38	00060312776TRLO0	LSE
892	367.00	16:16:03	00060313263TRLO0	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    [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