Transaction in Own Shares

23 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 20 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	:  77,548
Weighted average purchase price paid	:  369.1078 pence per share
Highest purchase price paid	:  372.5 pence per share
Lowest purchase price paid	:  364 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 3,218,826 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 242,872,597, 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 20 May 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
400	372.00	08:41:00	00059028282TRLO0	LSE
1592	371.50	08:44:06	00059028569TRLO0	LSE
771	371.50	08:44:06	00059028568TRLO0	LSE
600	371.50	08:44:06	00059028567TRLO0	LSE
1559	371.00	08:44:07	00059028573TRLO0	LSE
1460	370.00	09:10:33	00059029897TRLO0	LSE
1390	370.00	09:45:25	00059031927TRLO0	LSE
9	370.50	09:50:00	00059032319TRLO0	LSE
1619	370.50	09:50:00	00059032318TRLO0	LSE
1490	372.00	10:34:55	00059034558TRLO0	LSE
400	372.50	10:35:36	00059034587TRLO0	LSE
657	372.50	10:35:46	00059034588TRLO0	LSE
326	372.00	10:36:17	00059034617TRLO0	LSE
600	372.00	10:36:17	00059034616TRLO0	LSE
400	372.00	10:36:17	00059034615TRLO0	LSE
162	372.00	10:36:17	00059034614TRLO0	LSE
1283	371.50	10:38:46	00059034749TRLO0	LSE
205	371.50	10:38:46	00059034748TRLO0	LSE
67	371.50	10:44:15	00059034927TRLO0	LSE
600	371.50	10:44:15	00059034926TRLO0	LSE
866	371.50	10:44:15	00059034925TRLO0	LSE
421	371.00	10:47:33	00059035118TRLO0	LSE
983	371.00	10:47:33	00059035117TRLO0	LSE
1415	370.50	11:00:11	00059035775TRLO0	LSE
509	370.50	11:54:29	00059037767TRLO0	LSE
895	370.50	11:54:29	00059037766TRLO0	LSE
1332	370.00	11:56:18	00059037892TRLO0	LSE
1404	370.00	11:56:18	00059037891TRLO0	LSE
400	370.00	11:56:18	00059037893TRLO0	LSE
394	370.50	11:56:18	00059037896TRLO0	LSE
415	370.50	11:56:18	00059037895TRLO0	LSE
400	370.50	11:56:18	00059037894TRLO0	LSE
1338	369.50	13:00:24	00059040432TRLO0	LSE
1537	369.50	13:00:24	00059040431TRLO0	LSE
400	369.50	13:00:24	00059040433TRLO0	LSE
255	368.50	13:01:57	00059040517TRLO0	LSE
500	368.50	13:01:57	00059040516TRLO0	LSE
1081	368.50	13:01:57	00059040518TRLO0	LSE
122	370.00	13:22:44	00059041230TRLO0	LSE
600	370.00	13:22:44	00059041229TRLO0	LSE
46	370.00	13:22:44	00059041228TRLO0	LSE
644	370.00	13:22:44	00059041227TRLO0	LSE
1600	370.00	13:32:01	00059041638TRLO0	LSE
1313	370.00	13:32:01	00059041637TRLO0	LSE
1809	369.50	13:37:09	00059041862TRLO0	LSE
1506	369.00	13:49:09	00059042209TRLO0	LSE
725	369.50	14:14:16	00059043000TRLO0	LSE
1566	369.50	14:27:54	00059043718TRLO0	LSE
1341	369.50	14:27:54	00059043717TRLO0	LSE
405	370.00	14:33:32	00059044197TRLO0	LSE
195	370.00	14:33:32	00059044196TRLO0	LSE
264	370.00	14:33:32	00059044195TRLO0	LSE
600	370.00	14:33:32	00059044194TRLO0	LSE
292	370.00	14:35:32	00059044309TRLO0	LSE
600	370.00	14:35:32	00059044308TRLO0	LSE
600	370.00	14:35:32	00059044307TRLO0	LSE
538	370.00	14:41:32	00059044704TRLO0	LSE
882	370.00	14:41:32	00059044703TRLO0	LSE
1546	370.00	14:48:30	00059045254TRLO0	LSE
1636	370.00	14:54:30	00059045565TRLO0	LSE
1504	369.50	14:55:19	00059045623TRLO0	LSE
1312	369.50	14:55:19	00059045622TRLO0	LSE
894	369.00	15:08:33	00059046287TRLO0	LSE
511	369.00	15:08:33	00059046286TRLO0	LSE
1491	369.00	15:08:33	00059046285TRLO0	LSE
1630	368.50	15:21:31	00059047210TRLO0	LSE
1109	368.50	15:25:31	00059047536TRLO0	LSE
242	368.50	15:25:31	00059047535TRLO0	LSE
28	368.50	15:27:26	00059047697TRLO0	LSE
266	368.50	15:27:26	00059047696TRLO0	LSE
270	368.50	15:27:26	00059047695TRLO0	LSE
400	368.50	15:27:26	00059047694TRLO0	LSE
520	368.00	15:27:26	00059047700TRLO0	LSE
600	368.00	15:27:26	00059047699TRLO0	LSE
245	368.00	15:27:26	00059047698TRLO0	LSE
1158	368.00	15:27:26	00059047702TRLO0	LSE
400	368.00	15:27:26	00059047701TRLO0	LSE
1437	367.50	15:33:51	00059048293TRLO0	LSE
303	367.00	15:37:56	00059048530TRLO0	LSE
1112	367.00	15:40:04	00059048699TRLO0	LSE
169	367.00	15:40:04	00059048698TRLO0	LSE
400	367.00	15:48:49	00059049246TRLO0	LSE
657	367.00	15:48:49	00059049245TRLO0	LSE
1190	366.50	15:49:04	00059049267TRLO0	LSE
320	366.50	15:49:04	00059049266TRLO0	LSE
48	366.50	15:49:04	00059049265TRLO0	LSE
126	366.50	15:56:46	00059049876TRLO0	LSE
250	366.50	15:56:46	00059049875TRLO0	LSE
27	366.50	15:56:46	00059049874TRLO0	LSE
400	366.50	15:56:46	00059049873TRLO0	LSE
531	366.00	15:58:29	00059050066TRLO0	LSE
600	366.00	15:58:29	00059050065TRLO0	LSE
202	366.00	15:58:29	00059050064TRLO0	LSE
1622	365.50	16:04:46	00059050759TRLO0	LSE
1523	365.00	16:11:43	00059051649TRLO0	LSE
730	364.50	16:13:03	00059051808TRLO0	LSE
603	364.50	16:13:03	00059051807TRLO0	LSE
903	365.00	16:22:47	00059053209TRLO0	LSE
302	365.00	16:22:47	00059053208TRLO0	LSE
161	364.00	16:25:06	00059053527TRLO0	LSE
38	364.00	16:25:06	00059053528TRLO0	LSE
1801	364.00	16:25:06	00059053529TRLO0	LSE
548	364.00	16:25:06	00059053530TRLO0	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