Transaction in Own Shares

24 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 23 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	:  75,000
Weighted average purchase price paid	:  373.2492 pence per share
Highest purchase price paid	:  375 pence per share
Lowest purchase price paid	:  370.5 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 3,293,826 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 242,797,597, 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 23 May 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1382	372.50	08:16:53	00059055588TRLO0	LSE
1557	372.00	08:18:43	00059055630TRLO0	LSE
501	372.00	08:18:43	00059055629TRLO0	LSE
1275	371.00	08:40:54	00059056121TRLO0	LSE
188	371.00	08:40:54	00059056120TRLO0	LSE
409	371.00	09:03:08	00059056852TRLO0	LSE
882	371.00	09:03:08	00059056851TRLO0	LSE
466	372.00	09:56:26	00059058643TRLO0	LSE
600	372.00	09:56:26	00059058642TRLO0	LSE
783	372.00	09:56:26	00059058641TRLO0	LSE
1627	372.00	09:56:26	00059058644TRLO0	LSE
1820	371.00	09:56:45	00059058657TRLO0	LSE
1831	370.50	09:56:47	00059058663TRLO0	LSE
890	370.50	10:05:06	00059059054TRLO0	LSE
600	370.50	10:05:06	00059059053TRLO0	LSE
85	370.50	10:05:06	00059059052TRLO0	LSE
1222	373.00	10:34:07	00059060486TRLO0	LSE
216	373.00	10:34:07	00059060487TRLO0	LSE
1291	373.00	10:34:07	00059060488TRLO0	LSE
84	372.50	10:34:07	00059060489TRLO0	LSE
1530	372.50	10:34:07	00059060490TRLO0	LSE
493	372.50	10:35:08	00059060559TRLO0	LSE
564	372.50	10:35:08	00059060560TRLO0	LSE
332	372.50	10:35:08	00059060561TRLO0	LSE
548	373.00	10:36:28	00059060653TRLO0	LSE
403	373.00	10:36:28	00059060654TRLO0	LSE
393	373.00	10:36:28	00059060655TRLO0	LSE
62	373.00	10:36:36	00059060660TRLO0	LSE
21	373.50	10:44:11	00059060928TRLO0	LSE
214	373.50	10:44:11	00059060929TRLO0	LSE
716	373.50	10:44:11	00059060930TRLO0	LSE
495	373.50	10:44:20	00059060937TRLO0	LSE
1528	374.00	10:56:27	00059061405TRLO0	LSE
120	373.50	11:12:19	00059062055TRLO0	LSE
1299	373.50	11:12:19	00059062056TRLO0	LSE
752	374.00	11:20:52	00059062520TRLO0	LSE
637	374.00	11:20:52	00059062521TRLO0	LSE
1374	373.50	11:34:51	00059062960TRLO0	LSE
750	373.00	12:03:30	00059063890TRLO0	LSE
600	374.50	12:21:45	00059064404TRLO0	LSE
714	374.50	12:21:45	00059064405TRLO0	LSE
776	374.50	12:21:45	00059064406TRLO0	LSE
538	374.50	12:21:45	00059064407TRLO0	LSE
144	374.00	12:21:45	00059064409TRLO0	LSE
806	374.00	12:21:45	00059064408TRLO0	LSE
865	374.00	12:21:45	00059064410TRLO0	LSE
724	374.00	12:23:45	00059064490TRLO0	LSE
778	374.00	12:33:58	00059064737TRLO0	LSE
696	374.50	12:47:18	00059065118TRLO0	LSE
269	374.50	12:47:18	00059065119TRLO0	LSE
1333	375.00	12:57:19	00059065326TRLO0	LSE
1407	375.00	12:57:19	00059065327TRLO0	LSE
48	375.00	12:57:19	00059065328TRLO0	LSE
95	374.50	13:01:21	00059065446TRLO0	LSE
380	374.50	13:01:21	00059065445TRLO0	LSE
699	374.50	13:17:08	00059065827TRLO0	LSE
400	375.00	13:17:50	00059065845TRLO0	LSE
481	375.00	13:24:50	00059066092TRLO0	LSE
259	375.00	13:24:50	00059066093TRLO0	LSE
196	375.00	13:27:50	00059066228TRLO0	LSE
255	375.00	13:27:50	00059066229TRLO0	LSE
698	375.00	13:27:50	00059066230TRLO0	LSE
444	375.00	13:27:50	00059066231TRLO0	LSE
703	375.00	13:36:50	00059066530TRLO0	LSE
267	375.00	13:36:50	00059066531TRLO0	LSE
416	375.00	13:36:50	00059066532TRLO0	LSE
826	375.00	13:59:56	00059067196TRLO0	LSE
310	375.00	13:59:56	00059067197TRLO0	LSE
253	375.00	13:59:56	00059067198TRLO0	LSE
31	375.00	13:59:56	00059067199TRLO0	LSE
880	375.00	13:59:56	00059067200TRLO0	LSE
1595	374.00	14:20:13	00059068033TRLO0	LSE
800	373.00	14:21:12	00059068066TRLO0	LSE
780	373.00	14:21:13	00059068067TRLO0	LSE
627	373.00	14:27:06	00059068257TRLO0	LSE
840	373.00	14:27:12	00059068261TRLO0	LSE
1322	373.00	14:38:04	00059069338TRLO0	LSE
482	372.50	14:38:34	00059069398TRLO0	LSE
1033	372.50	14:38:34	00059069397TRLO0	LSE
1191	373.50	14:54:53	00059070569TRLO0	LSE
296	373.50	14:54:53	00059070568TRLO0	LSE
60	373.00	14:54:54	00059070571TRLO0	LSE
1441	373.00	14:54:54	00059070572TRLO0	LSE
1516	373.00	15:00:11	00059070920TRLO0	LSE
1370	373.00	15:13:38	00059071862TRLO0	LSE
1349	373.00	15:13:38	00059071861TRLO0	LSE
879	373.00	15:20:07	00059072234TRLO0	LSE
448	373.00	15:20:07	00059072233TRLO0	LSE
342	373.00	15:24:07	00059072407TRLO0	LSE
262	373.00	15:24:07	00059072406TRLO0	LSE
256	373.00	15:24:07	00059072405TRLO0	LSE
265	373.00	15:24:07	00059072404TRLO0	LSE
400	373.00	15:24:07	00059072403TRLO0	LSE
1483	373.50	15:51:15	00059074067TRLO0	LSE
1274	373.50	15:51:15	00059074066TRLO0	LSE
13	373.50	15:51:15	00059074065TRLO0	LSE
283	373.50	15:51:15	00059074064TRLO0	LSE
1052	373.50	15:51:15	00059074063TRLO0	LSE
707	373.50	15:51:15	00059074069TRLO0	LSE
489	373.50	15:51:15	00059074068TRLO0	LSE
244	373.50	15:51:15	00059074070TRLO0	LSE
595	374.00	16:05:28	00059075253TRLO0	LSE
254	374.00	16:07:10	00059075448TRLO0	LSE
438	374.00	16:08:10	00059075507TRLO0	LSE
1101	374.00	16:08:10	00059075506TRLO0	LSE
365	374.50	16:14:48	00059075920TRLO0	LSE
833	374.50	16:16:58	00059076146TRLO0	LSE
20	374.50	16:16:58	00059076145TRLO0	LSE
686	374.50	16:17:55	00059076240TRLO0	LSE
55	374.50	16:17:55	00059076239TRLO0	LSE
323	374.50	16:20:38	00059076501TRLO0	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