Transaction in Own Shares

17 June 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 16 June 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 :  98,831
Weighted average purchase price paid :  348.0575 pence per share
Highest purchase price paid :  360.5 pence per share
Lowest purchase price paid :  343.5 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 4,530,041 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 241,561,382, 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 16 June 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
155 360.00  08:10:01 00059487412TRLO0 LSE
201 360.00  08:10:01 00059487413TRLO0 LSE
716 360.00  08:10:01 00059487414TRLO0 LSE
310 360.00  08:10:01 00059487415TRLO0 LSE
334 359.50  08:10:01 00059487416TRLO0 LSE
1490 359.50  08:10:03 00059487417TRLO0 LSE
253 360.50  08:12:02 00059487464TRLO0 LSE
570 360.50  08:12:02 00059487465TRLO0 LSE
638 360.50  08:12:02 00059487466TRLO0 LSE
600 358.00  08:16:19 00059487734TRLO0 LSE
600 358.00  08:16:19 00059487735TRLO0 LSE
207 358.00  08:16:19 00059487736TRLO0 LSE
600 357.50  08:20:05 00059488035TRLO0 LSE
998 357.50  08:20:05 00059488036TRLO0 LSE
1615 355.00  08:31:55 00059489048TRLO0 LSE
815 354.50  08:34:02 00059489440TRLO0 LSE
587 354.50  08:34:02 00059489441TRLO0 LSE
190 354.50  08:34:02 00059489442TRLO0 LSE
577 353.50  08:46:58 00059490542TRLO0 LSE
951 353.50  08:50:58 00059490860TRLO0 LSE
433 353.00  08:57:44 00059491227TRLO0 LSE
600 353.00  09:11:35 00059492157TRLO0 LSE
352 353.00  09:11:35 00059492158TRLO0 LSE
332 352.50  09:16:47 00059492433TRLO0 LSE
1076 352.50  09:16:47 00059492434TRLO0 LSE
404 351.50  09:25:11 00059492924TRLO0 LSE
906 351.50  09:29:46 00059493212TRLO0 LSE
443 350.00  09:37:35 00059493587TRLO0 LSE
445 350.00  09:50:17 00059494210TRLO0 LSE
518 350.00  09:50:50 00059494292TRLO0 LSE
1196 349.50  09:52:47 00059494561TRLO0 LSE
200 349.50  09:52:47 00059494562TRLO0 LSE
59 347.50  10:06:01 00059495696TRLO0 LSE
1200 347.50  10:06:01 00059495697TRLO0 LSE
297 347.50  10:06:01 00059495698TRLO0 LSE
314 347.00  10:30:02 00059497440TRLO0 LSE
1474 347.00  10:30:02 00059497441TRLO0 LSE
356 346.50  10:33:40 00059497906TRLO0 LSE
510 346.50  10:33:40 00059497907TRLO0 LSE
986 346.50  10:33:40 00059497908TRLO0 LSE
1360 345.00  10:49:28 00059499411TRLO0 LSE
35 345.00  10:49:29 00059499412TRLO0 LSE
1316 345.00  10:49:29 00059499413TRLO0 LSE
1314 345.50  10:50:44 00059499562TRLO0 LSE
770 345.00  10:51:28 00059499608TRLO0 LSE
767 345.00  10:51:28 00059499609TRLO0 LSE
808 345.50  11:00:12 00059500065TRLO0 LSE
582 345.50  11:00:12 00059500066TRLO0 LSE
1614 347.50  11:13:15 00059500883TRLO0 LSE
957 347.50  11:25:15 00059501591TRLO0 LSE
600 347.50  11:25:15 00059501592TRLO0 LSE
12 347.50  11:25:15 00059501593TRLO0 LSE
388 347.00  11:47:47 00059502879TRLO0 LSE
1077 347.00  11:55:17 00059503127TRLO0 LSE
1320 347.00  11:55:17 00059503128TRLO0 LSE
1629 346.50  11:55:18 00059503130TRLO0 LSE
1412 348.00  12:07:13 00059503706TRLO0 LSE
160 348.00  12:07:13 00059503707TRLO0 LSE
1686 347.50  12:10:55 00059503828TRLO0 LSE
1323 348.50  12:36:25 00059504523TRLO0 LSE
258 348.00  12:43:51 00059504741TRLO0 LSE
1336 348.00  12:43:51 00059504742TRLO0 LSE
468 348.00  12:43:51 00059504743TRLO0 LSE
1548 347.50  12:45:39 00059504912TRLO0 LSE
961 348.50  13:17:52 00059506289TRLO0 LSE
615 348.50  13:17:52 00059506290TRLO0 LSE
180 348.00  13:21:35 00059506422TRLO0 LSE
1519 348.00  13:21:35 00059506423TRLO0 LSE
149 347.50  13:30:44 00059506713TRLO0 LSE
371 347.50  13:34:35 00059506838TRLO0 LSE
415 347.50  13:44:32 00059507266TRLO0 LSE
507 347.50  13:44:32 00059507267TRLO0 LSE
152 347.50  13:44:32 00059507268TRLO0 LSE
268 347.50  13:44:32 00059507269TRLO0 LSE
1190 347.50  13:44:32 00059507270TRLO0 LSE
127 347.50  13:44:32 00059507271TRLO0 LSE
1118 348.50  13:56:16 00059507784TRLO0 LSE
331 348.50  13:56:16 00059507785TRLO0 LSE
49 348.50  13:56:16 00059507786TRLO0 LSE
600 348.50  13:56:16 00059507787TRLO0 LSE
600 348.50  13:56:16 00059507788TRLO0 LSE
145 348.50  13:56:16 00059507789TRLO0 LSE
1736 348.00  13:56:31 00059507795TRLO0 LSE
1216 347.50  14:00:10 00059507987TRLO0 LSE
398 347.50  14:00:10 00059507988TRLO0 LSE
1527 347.00  14:32:16 00059509710TRLO0 LSE
1586 347.00  14:32:16 00059509711TRLO0 LSE
710 347.00  14:32:16 00059509712TRLO0 LSE
608 347.00  14:32:16 00059509713TRLO0 LSE
65 347.50  14:33:14 00059509798TRLO0 LSE
500 347.50  14:33:14 00059509799TRLO0 LSE
500 347.50  14:33:34 00059509848TRLO0 LSE
500 347.50  14:33:44 00059509855TRLO0 LSE
1450 347.00  14:33:56 00059509885TRLO0 LSE
1499 346.50  14:34:11 00059509952TRLO0 LSE
30 347.00  14:39:04 00059510244TRLO0 LSE
500 347.00  14:39:04 00059510245TRLO0 LSE
558 347.00  14:39:04 00059510246TRLO0 LSE
315 345.50  14:45:56 00059510848TRLO0 LSE
429 346.50  14:53:14 00059511583TRLO0 LSE
178 347.00  14:56:31 00059511799TRLO0 LSE
1243 347.00  14:56:31 00059511800TRLO0 LSE
1 347.00  14:56:31 00059511801TRLO0 LSE
312 346.50  15:00:31 00059512162TRLO0 LSE
1239 346.50  15:00:31 00059512163TRLO0 LSE
459 347.00  15:00:31 00059512164TRLO0 LSE
10 347.00  15:00:31 00059512165TRLO0 LSE
500 347.00  15:00:31 00059512166TRLO0 LSE
326 347.00  15:00:31 00059512167TRLO0 LSE
168 345.50  15:04:52 00059512608TRLO0 LSE
426 345.50  15:04:56 00059512612TRLO0 LSE
892 345.50  15:06:45 00059512836TRLO0 LSE
1538 345.50  15:06:45 00059512837TRLO0 LSE
96 344.50  15:19:40 00059514446TRLO0 LSE
1202 344.50  15:19:40 00059514447TRLO0 LSE
1298 344.50  15:19:40 00059514448TRLO0 LSE
327 344.50  15:19:41 00059514468TRLO0 LSE
600 344.50  15:19:41 00059514469TRLO0 LSE
524 344.50  15:19:41 00059514475TRLO0 LSE
370 345.50  15:32:21 00059515872TRLO0 LSE
600 345.50  15:32:21 00059515873TRLO0 LSE
451 345.50  15:32:21 00059515874TRLO0 LSE
214 345.50  15:35:32 00059516585TRLO0 LSE
1155 345.50  15:35:32 00059516586TRLO0 LSE
155 345.00  15:39:32 00059517077TRLO0 LSE
454 345.00  15:41:50 00059517450TRLO0 LSE
436 345.00  15:44:18 00059517848TRLO0 LSE
291 345.00  15:44:18 00059517849TRLO0 LSE
287 345.00  15:46:30 00059518123TRLO0 LSE
106 345.00  15:46:30 00059518124TRLO0 LSE
442 345.00  15:49:06 00059518469TRLO0 LSE
821 345.00  15:49:10 00059518485TRLO0 LSE
1337 345.00  15:49:10 00059518486TRLO0 LSE
168 344.50  15:49:12 00059518491TRLO0 LSE
1301 344.50  15:49:12 00059518492TRLO0 LSE
448 343.50  15:59:36 00059519382TRLO0 LSE
168 343.50  16:00:04 00059519417TRLO0 LSE
340 343.50  16:00:04 00059519418TRLO0 LSE
387 343.50  16:01:51 00059519548TRLO0 LSE
188 343.50  16:01:53 00059519550TRLO0 LSE
860 343.50  16:01:53 00059519551TRLO0 LSE
153 343.50  16:02:17 00059519580TRLO0 LSE
153 343.50  16:03:18 00059519641TRLO0 LSE
224 343.50  16:04:20 00059519752TRLO0 LSE
1552 343.50  16:05:25 00059519855TRLO0 LSE
169 343.50  16:10:30 00059520503TRLO0 LSE
256 343.50  16:10:31 00059520504TRLO0 LSE
168 343.50  16:10:31 00059520505TRLO0 LSE
427 343.50  16:11:42 00059520654TRLO0 LSE
153 343.50  16:12:42 00059520787TRLO0 LSE
173 343.50  16:13:45 00059520866TRLO0 LSE
74 343.50  16:13:45 00059520867TRLO0 LSE
426 343.50  16:15:30 00059521108TRLO0 LSE
211 344.00  16:17:16 00059521410TRLO0 LSE
432 344.00  16:20:03 00059521854TRLO0 LSE
199 344.00  16:20:03 00059521856TRLO0 LSE
24 344.00  16:20:36 00059521985TRLO0 LSE
332 344.00  16:21:14 00059522052TRLO0 LSE
391 344.00  16:22:44 00059522253TRLO0 LSE
324 344.00  16:24:05 00059522582TRLO0 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  +44 (0) 207 466 5000

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

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