Transaction in Own Shares

24 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 23 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	:  100,000
Weighted average purchase price paid	:  347.7916 pence per share
Highest purchase price paid	:  350 pence per share
Lowest purchase price paid	:  345.5 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 4,962,984 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 241,128,439, 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 June 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1713	347.50	08:15:55	00059643425TRLO0	LSE
392	347.50	08:15:55	00059643424TRLO0	LSE
1428	347.50	08:24:00	00059643729TRLO0	LSE
1158	348.50	08:30:17	00059644126TRLO0	LSE
307	348.50	08:30:17	00059644127TRLO0	LSE
1236	348.50	08:37:03	00059644431TRLO0	LSE
397	348.50	08:37:03	00059644432TRLO0	LSE
1	348.50	08:48:04	00059644976TRLO0	LSE
429	348.50	08:48:28	00059645011TRLO0	LSE
1019	348.50	08:48:28	00059645012TRLO0	LSE
1663	347.50	08:55:19	00059645413TRLO0	LSE
2965	347.00	08:55:23	00059645439TRLO0	LSE
37	345.50	08:56:09	00059645469TRLO0	LSE
1898	345.50	08:56:09	00059645471TRLO0	LSE
411	345.50	08:56:09	00059645470TRLO0	LSE
1887	346.00	08:56:09	00059645472TRLO0	LSE
65	348.00	09:19:10	00059646721TRLO0	LSE
1096	348.00	09:30:06	00059647158TRLO0	LSE
517	348.00	09:30:06	00059647157TRLO0	LSE
1583	348.00	09:30:06	00059647156TRLO0	LSE
1594	347.50	09:35:21	00059647362TRLO0	LSE
2	349.50	10:23:51	00059649555TRLO0	LSE
1436	349.50	10:23:51	00059649556TRLO0	LSE
1438	349.00	10:31:22	00059649892TRLO0	LSE
460	348.50	10:50:45	00059650696TRLO0	LSE
537	350.00	10:57:02	00059650893TRLO0	LSE
652	350.00	10:57:02	00059650894TRLO0	LSE
1459	349.50	10:57:02	00059650896TRLO0	LSE
371	349.50	10:57:02	00059650898TRLO0	LSE
500	349.50	10:57:02	00059650897TRLO0	LSE
2	349.50	10:57:02	00059650899TRLO0	LSE
1086	348.50	10:57:06	00059650901TRLO0	LSE
183	348.50	10:57:06	00059650902TRLO0	LSE
526	348.50	10:57:06	00059650903TRLO0	LSE
1617	348.50	11:00:21	00059651108TRLO0	LSE
2	348.50	11:54:35	00059654120TRLO0	LSE
1666	349.50	11:55:56	00059654191TRLO0	LSE
500	349.50	11:55:56	00059654192TRLO0	LSE
1358	349.00	11:56:03	00059654203TRLO0	LSE
1576	348.50	11:56:08	00059654204TRLO0	LSE
1354	348.50	11:57:27	00059654252TRLO0	LSE
798	349.50	12:41:38	00059656187TRLO0	LSE
1388	349.50	12:41:38	00059656188TRLO0	LSE
1366	349.00	12:41:39	00059656189TRLO0	LSE
1453	348.50	13:06:26	00059657135TRLO0	LSE
215	348.50	13:06:26	00059657134TRLO0	LSE
1908	348.00	13:22:04	00059657677TRLO0	LSE
1366	348.00	13:35:02	00059658481TRLO0	LSE
1496	348.00	13:35:02	00059658480TRLO0	LSE
795	348.00	13:35:02	00059658483TRLO0	LSE
641	348.00	13:35:02	00059658482TRLO0	LSE
1169	347.50	14:05:59	00059659685TRLO0	LSE
445	347.50	14:05:59	00059659684TRLO0	LSE
1340	347.50	14:05:59	00059659683TRLO0	LSE
3200	348.00	14:20:59	00059660251TRLO0	LSE
861	348.00	14:20:59	00059660258TRLO0	LSE
562	348.00	14:20:59	00059660257TRLO0	LSE
544	348.00	14:20:59	00059660256TRLO0	LSE
700	348.00	14:20:59	00059660255TRLO0	LSE
700	348.00	14:20:59	00059660254TRLO0	LSE
5065	348.00	14:20:59	00059660253TRLO0	LSE
412	348.00	14:20:59	00059660252TRLO0	LSE
1623	348.00	14:29:59	00059660689TRLO0	LSE
1614	348.00	14:32:59	00059660935TRLO0	LSE
1623	347.50	14:32:59	00059660938TRLO0	LSE
1643	347.50	14:44:03	00059661798TRLO0	LSE
59	347.50	14:50:03	00059662128TRLO0	LSE
48	347.50	14:50:03	00059662127TRLO0	LSE
1400	347.50	14:50:03	00059662126TRLO0	LSE
1427	347.00	14:51:02	00059662204TRLO0	LSE
527	346.50	14:52:23	00059662276TRLO0	LSE
926	346.50	14:52:23	00059662275TRLO0	LSE
21	347.50	15:05:55	00059663434TRLO0	LSE
1046	348.00	15:07:19	00059663557TRLO0	LSE
500	348.00	15:07:19	00059663556TRLO0	LSE
1369	347.50	15:08:27	00059663678TRLO0	LSE
1091	347.50	15:08:27	00059663677TRLO0	LSE
369	347.50	15:08:27	00059663676TRLO0	LSE
981	347.00	15:16:22	00059664137TRLO0	LSE
408	347.00	15:16:22	00059664138TRLO0	LSE
485	348.00	15:41:24	00059666544TRLO0	LSE
77	348.00	15:41:24	00059666543TRLO0	LSE
498	348.00	15:41:24	00059666542TRLO0	LSE
1020	348.00	15:41:24	00059666541TRLO0	LSE
173	348.00	15:41:24	00059666540TRLO0	LSE
500	348.00	15:41:24	00059666545TRLO0	LSE
2101	348.00	15:41:24	00059666546TRLO0	LSE
559	347.50	15:41:31	00059666568TRLO0	LSE
828	347.50	15:41:31	00059666567TRLO0	LSE
1659	347.50	15:46:31	00059667300TRLO0	LSE
303	347.00	15:47:47	00059667393TRLO0	LSE
144	347.00	15:47:50	00059667397TRLO0	LSE
761	347.00	15:48:30	00059667446TRLO0	LSE
299	347.00	15:48:30	00059667447TRLO0	LSE
49	346.00	15:52:30	00059667954TRLO0	LSE
166	346.00	15:57:32	00059668371TRLO0	LSE
1409	346.00	15:58:22	00059668514TRLO0	LSE
1478	346.00	16:02:31	00059668976TRLO0	LSE
314	346.50	16:05:19	00059669213TRLO0	LSE
500	346.50	16:05:19	00059669212TRLO0	LSE
350	346.50	16:05:19	00059669211TRLO0	LSE
364	346.50	16:05:19	00059669210TRLO0	LSE
1597	345.50	16:06:45	00059669323TRLO0	LSE
334	346.50	16:15:35	00059670434TRLO0	LSE
327	346.50	16:15:35	00059670433TRLO0	LSE
577	346.50	16:15:35	00059670432TRLO0	LSE
193	346.50	16:15:35	00059670431TRLO0	LSE
510	346.50	16:16:31	00059670531TRLO0	LSE
500	346.50	16:16:31	00059670530TRLO0	LSE
305	346.00	16:19:49	00059670898TRLO0	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