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

4 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 3 August 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	:  365.4287 pence per share
Highest purchase price paid	:  369.5 pence per share
Lowest purchase price paid	:  362.5 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 7,206,189 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 238,885,234, 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 3 August 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1865	365.50	08:30:01	00060366941TRLO0	LSE
59	365.50	08:30:01	00060366942TRLO0	LSE
111	365.50	08:30:01	00060366943TRLO0	LSE
36	365.00	08:30:31	00060366958TRLO0	LSE
434	364.50	08:35:20	00060367156TRLO0	LSE
1400	364.50	08:35:20	00060367157TRLO0	LSE
700	364.50	08:35:20	00060367158TRLO0	LSE
133	364.50	08:35:20	00060367159TRLO0	LSE
439	364.00	08:38:20	00060367242TRLO0	LSE
700	364.00	08:38:20	00060367243TRLO0	LSE
700	364.00	08:38:20	00060367244TRLO0	LSE
396	364.00	08:38:20	00060367245TRLO0	LSE
1704	363.00	08:51:35	00060367576TRLO0	LSE
218	363.00	08:58:41	00060367708TRLO0	LSE
1913	363.50	10:08:57	00060369967TRLO0	LSE
116	363.50	10:08:57	00060369968TRLO0	LSE
2071	363.00	10:09:27	00060369985TRLO0	LSE
207	363.50	10:09:27	00060369986TRLO0	LSE
1466	363.50	10:09:27	00060369987TRLO0	LSE
498	363.50	10:09:27	00060369988TRLO0	LSE
136	363.00	10:10:27	00060370034TRLO0	LSE
21	363.00	10:10:27	00060370035TRLO0	LSE
1929	363.00	10:36:45	00060370814TRLO0	LSE
1877	362.50	10:37:03	00060370824TRLO0	LSE
783	362.50	10:37:03	00060370825TRLO0	LSE
2025	364.50	10:58:42	00060371363TRLO0	LSE
1590	365.00	11:23:51	00060371911TRLO0	LSE
418	365.00	11:23:51	00060371912TRLO0	LSE
442	365.00	11:23:51	00060371913TRLO0	LSE
2016	365.00	11:23:51	00060371914TRLO0	LSE
172	365.00	11:23:51	00060371915TRLO0	LSE
963	365.00	11:49:23	00060372414TRLO0	LSE
700	365.00	11:49:23	00060372415TRLO0	LSE
454	365.00	11:49:23	00060372416TRLO0	LSE
360	364.50	12:18:29	00060373099TRLO0	LSE
552	364.50	12:28:51	00060373219TRLO0	LSE
551	364.50	12:42:21	00060373496TRLO0	LSE
533	364.50	12:53:36	00060373814TRLO0	LSE
272	364.50	12:53:39	00060373815TRLO0	LSE
128	364.50	12:53:39	00060373816TRLO0	LSE
552	364.50	13:03:39	00060373992TRLO0	LSE
532	364.50	13:23:33	00060374376TRLO0	LSE
534	364.50	13:31:06	00060374532TRLO0	LSE
409	364.50	13:45:39	00060374792TRLO0	LSE
278	364.50	13:56:33	00060375007TRLO0	LSE
452	364.50	13:56:37	00060375008TRLO0	LSE
566	364.50	14:07:39	00060375354TRLO0	LSE
210	365.50	14:14:48	00060375532TRLO0	LSE
3	365.50	14:14:48	00060375533TRLO0	LSE
251	365.50	14:14:48	00060375534TRLO0	LSE
534	365.50	14:14:48	00060375535TRLO0	LSE
1034	365.50	14:14:48	00060375536TRLO0	LSE
545	365.50	14:14:48	00060375537TRLO0	LSE
449	365.50	14:14:48	00060375538TRLO0	LSE
178	365.50	14:14:48	00060375539TRLO0	LSE
149	365.50	14:14:48	00060375540TRLO0	LSE
417	365.50	14:14:48	00060375541TRLO0	LSE
844	365.50	14:14:48	00060375542TRLO0	LSE
2247	365.00	14:23:48	00060375791TRLO0	LSE
559	365.00	14:35:51	00060376315TRLO0	LSE
1605	365.00	14:35:51	00060376316TRLO0	LSE
581	364.50	14:39:48	00060376550TRLO0	LSE
579	364.50	14:43:51	00060376716TRLO0	LSE
577	364.50	14:48:48	00060376998TRLO0	LSE
427	364.50	14:48:52	00060377000TRLO0	LSE
533	364.50	14:53:18	00060377211TRLO0	LSE
537	364.50	14:57:24	00060377474TRLO0	LSE
1	364.50	15:00:18	00060377607TRLO0	LSE
568	364.50	15:01:12	00060377647TRLO0	LSE
574	365.00	15:04:27	00060377938TRLO0	LSE
556	365.00	15:07:58	00060378069TRLO0	LSE
483	365.00	15:11:51	00060378343TRLO0	LSE
181	365.50	15:13:42	00060378428TRLO0	LSE
507	365.50	15:13:42	00060378429TRLO0	LSE
1580	365.50	15:13:42	00060378430TRLO0	LSE
1400	365.50	15:20:42	00060378718TRLO0	LSE
606	365.50	15:20:42	00060378719TRLO0	LSE
509	365.50	15:23:42	00060378793TRLO0	LSE
617	365.50	15:23:42	00060378794TRLO0	LSE
654	365.50	15:23:42	00060378795TRLO0	LSE
353	365.50	15:23:42	00060378796TRLO0	LSE
78	366.50	15:29:21	00060379028TRLO0	LSE
218	366.50	15:29:21	00060379029TRLO0	LSE
78	366.50	15:29:31	00060379061TRLO0	LSE
218	366.50	15:29:31	00060379062TRLO0	LSE
411	366.50	15:29:31	00060379063TRLO0	LSE
1400	366.50	15:35:31	00060379421TRLO0	LSE
772	366.50	15:35:31	00060379422TRLO0	LSE
157	367.00	15:41:40	00060379875TRLO0	LSE
477	367.00	15:41:40	00060379876TRLO0	LSE
617	367.00	15:41:40	00060379877TRLO0	LSE
389	367.00	15:43:11	00060379947TRLO0	LSE
390	367.00	15:43:21	00060379960TRLO0	LSE
378	367.00	15:43:21	00060379961TRLO0	LSE
378	367.00	15:43:21	00060379962TRLO0	LSE
378	367.00	15:43:31	00060379968TRLO0	LSE
482	367.00	15:45:39	00060380094TRLO0	LSE
113	367.00	15:45:39	00060380095TRLO0	LSE
318	367.00	15:45:39	00060380096TRLO0	LSE
793	366.50	15:50:13	00060380334TRLO0	LSE
1478	366.50	15:50:13	00060380335TRLO0	LSE
2316	369.00	16:14:18	00060382103TRLO0	LSE
1400	369.00	16:14:51	00060382244TRLO0	LSE
748	369.00	16:14:51	00060382245TRLO0	LSE
1990	369.50	16:16:22	00060382319TRLO0	LSE
1400	369.50	16:17:22	00060382417TRLO0	LSE
436	369.50	16:17:22	00060382418TRLO0	LSE
441	369.50	16:19:22	00060382618TRLO0	LSE
549	369.50	16:19:22	00060382619TRLO0	LSE
350	369.50	16:19:22	00060382620TRLO0	LSE
588	369.50	16:19:22	00060382621TRLO0	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