Transaction in Own Shares

21 July 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 July 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	:  50,000
Weighted average purchase price paid	:  367.2066 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 6,466,189 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 239,625,234, 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 20 July 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
460	362.50	08:13:30	00060114615TRLO0	LSE
2063	364.00	08:28:41	00060115284TRLO0	LSE
2050	363.50	08:44:17	00060115942TRLO0	LSE
1810	366.50	08:57:30	00060116491TRLO0	LSE
140	366.50	08:57:30	00060116492TRLO0	LSE
2027	366.00	09:00:00	00060116629TRLO0	LSE
518	366.00	09:21:05	00060117694TRLO0	LSE
1591	366.00	09:21:05	00060117693TRLO0	LSE
2050	366.00	09:25:18	00060117871TRLO0	LSE
2152	367.00	10:20:52	00060120286TRLO0	LSE
1951	368.00	10:29:53	00060120664TRLO0	LSE
1925	369.00	11:01:52	00060121865TRLO0	LSE
256	369.00	11:01:52	00060121866TRLO0	LSE
1750	369.00	11:01:53	00060121867TRLO0	LSE
2292	369.00	11:31:43	00060122849TRLO0	LSE
1186	368.00	11:33:13	00060123029TRLO0	LSE
725	368.00	11:33:13	00060123028TRLO0	LSE
1880	367.50	11:37:42	00060123275TRLO0	LSE
347	365.50	11:55:50	00060124189TRLO0	LSE
1024	366.50	12:37:05	00060126062TRLO0	LSE
882	366.50	12:37:05	00060126061TRLO0	LSE
1850	367.50	13:11:54	00060127665TRLO0	LSE
339	367.50	13:11:54	00060127664TRLO0	LSE
600	368.00	13:21:22	00060128106TRLO0	LSE
600	368.00	13:21:22	00060128105TRLO0	LSE
605	368.00	13:21:22	00060128104TRLO0	LSE
294	368.00	13:21:22	00060128107TRLO0	LSE
1950	367.00	13:59:28	00060130178TRLO0	LSE
237	366.50	14:25:05	00060131014TRLO0	LSE
915	366.50	14:25:05	00060131016TRLO0	LSE
783	366.50	14:25:05	00060131015TRLO0	LSE
1949	367.00	14:30:03	00060131225TRLO0	LSE
259	367.50	14:49:58	00060132238TRLO0	LSE
486	367.50	14:49:58	00060132237TRLO0	LSE
38	367.50	14:49:58	00060132236TRLO0	LSE
700	367.50	14:49:58	00060132235TRLO0	LSE
848	367.50	15:03:53	00060132980TRLO0	LSE
1014	367.50	15:03:53	00060132979TRLO0	LSE
1156	367.50	15:18:52	00060133907TRLO0	LSE
359	367.50	15:18:52	00060133906TRLO0	LSE
636	367.50	15:19:24	00060133927TRLO0	LSE
2159	369.00	15:42:52	00060135650TRLO0	LSE
1692	369.50	15:58:12	00060136250TRLO0	LSE
271	369.50	15:58:18	00060136254TRLO0	LSE
140	369.50	15:58:18	00060136255TRLO0	LSE
941	369.50	16:08:23	00060136722TRLO0	LSE
100	369.50	16:10:37	00060136864TRLO0	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