Transaction in Own Shares

29 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 28 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	:  90,000
Weighted average purchase price paid	:  350.2160 pence per share
Highest purchase price paid	:  351.5 pence per share
Lowest purchase price paid	:  348.5 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 5,222,984 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 240,868,439, 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 28 June 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
2097	348.50	08:28:04	00059732923TRLO0	LSE
1470	348.50	08:28:04	00059732924TRLO0	LSE
150	350.50	10:10:27	00059736150TRLO0	LSE
681	350.50	10:10:27	00059736151TRLO0	LSE
500	350.50	10:10:27	00059736152TRLO0	LSE
600	350.00	10:16:47	00059736344TRLO0	LSE
1094	350.00	10:16:47	00059736345TRLO0	LSE
1	350.00	10:16:47	00059736346TRLO0	LSE
602	350.00	10:16:47	00059736347TRLO0	LSE
814	350.00	10:16:47	00059736348TRLO0	LSE
153	350.00	10:16:47	00059736351TRLO0	LSE
1511	349.50	10:16:47	00059736354TRLO0	LSE
683	350.00	10:32:12	00059736817TRLO0	LSE
1008	350.00	10:32:12	00059736819TRLO0	LSE
600	350.00	10:33:17	00059736876TRLO0	LSE
904	350.00	10:33:17	00059736877TRLO0	LSE
941	350.00	10:33:17	00059736878TRLO0	LSE
583	350.00	10:33:17	00059736879TRLO0	LSE
494	349.50	10:33:18	00059736889TRLO0	LSE
1288	349.50	10:46:21	00059737207TRLO0	LSE
362	351.00	11:20:40	00059738095TRLO0	LSE
1334	351.00	11:20:40	00059738096TRLO0	LSE
1676	351.50	11:42:41	00059738946TRLO0	LSE
107	351.50	11:42:41	00059738948TRLO0	LSE
43	351.50	12:16:41	00059740146TRLO0	LSE
34	351.50	12:16:41	00059740147TRLO0	LSE
264	351.50	12:16:41	00059740148TRLO0	LSE
1000	351.50	12:16:41	00059740149TRLO0	LSE
361	351.50	12:16:41	00059740150TRLO0	LSE
1479	351.50	12:37:41	00059740741TRLO0	LSE
1659	351.00	12:42:02	00059740858TRLO0	LSE
1726	350.50	12:42:02	00059740861TRLO0	LSE
1257	349.50	12:45:20	00059740929TRLO0	LSE
186	349.50	12:52:35	00059741092TRLO0	LSE
1724	349.50	12:52:35	00059741093TRLO0	LSE
600	350.00	13:23:29	00059742135TRLO0	LSE
919	350.00	13:23:29	00059742136TRLO0	LSE
460	350.00	13:23:29	00059742137TRLO0	LSE
1200	350.00	13:23:29	00059742138TRLO0	LSE
1701	350.00	13:23:29	00059742141TRLO0	LSE
497	350.00	13:53:54	00059743265TRLO0	LSE
522	350.00	13:53:54	00059743266TRLO0	LSE
676	350.00	13:53:54	00059743267TRLO0	LSE
32	350.00	13:53:54	00059743268TRLO0	LSE
597	349.50	14:00:02	00059743516TRLO0	LSE
715	349.50	14:00:37	00059743556TRLO0	LSE
1076	349.50	14:00:37	00059743557TRLO0	LSE
826	349.50	14:15:02	00059744341TRLO0	LSE
921	349.50	14:15:02	00059744342TRLO0	LSE
530	349.00	14:15:02	00059744343TRLO0	LSE
1087	349.00	14:15:02	00059744344TRLO0	LSE
1562	348.50	14:31:39	00059745355TRLO0	LSE
1452	348.50	14:31:39	00059745356TRLO0	LSE
1458	349.00	14:32:27	00059745499TRLO0	LSE
541	350.50	14:34:04	00059745800TRLO0	LSE
500	350.50	14:34:04	00059745801TRLO0	LSE
1420	350.50	14:35:04	00059745888TRLO0	LSE
284	350.50	14:35:04	00059745889TRLO0	LSE
278	351.00	14:39:34	00059746505TRLO0	LSE
663	351.00	14:39:34	00059746506TRLO0	LSE
1536	350.50	14:40:02	00059746539TRLO0	LSE
1673	350.50	14:40:02	00059746540TRLO0	LSE
710	351.00	14:56:28	00059748387TRLO0	LSE
938	351.00	14:56:28	00059748388TRLO0	LSE
1567	351.00	14:56:28	00059748389TRLO0	LSE
1506	350.50	15:02:24	00059748978TRLO0	LSE
600	350.50	15:03:04	00059749121TRLO0	LSE
1012	350.50	15:03:04	00059749122TRLO0	LSE
278	351.00	15:21:12	00059751069TRLO0	LSE
1162	351.00	15:21:12	00059751070TRLO0	LSE
1697	351.00	15:21:12	00059751071TRLO0	LSE
1525	350.50	15:21:12	00059751072TRLO0	LSE
313	350.50	15:39:15	00059752700TRLO0	LSE
1313	350.50	15:39:15	00059752701TRLO0	LSE
184	350.00	15:39:27	00059752723TRLO0	LSE
1385	350.00	15:46:55	00059753509TRLO0	LSE
1661	350.00	15:46:55	00059753510TRLO0	LSE
600	350.00	15:46:55	00059753512TRLO0	LSE
969	350.00	15:46:55	00059753513TRLO0	LSE
1571	350.00	15:48:34	00059753681TRLO0	LSE
503	351.00	15:58:34	00059754515TRLO0	LSE
1033	351.00	15:58:34	00059754516TRLO0	LSE
582	351.00	15:59:04	00059754539TRLO0	LSE
1090	351.00	15:59:04	00059754540TRLO0	LSE
500	351.00	15:59:04	00059754541TRLO0	LSE
178	351.00	15:59:04	00059754542TRLO0	LSE
553	351.00	15:59:14	00059754555TRLO0	LSE
268	351.00	15:59:14	00059754556TRLO0	LSE
581	351.00	15:59:14	00059754557TRLO0	LSE
711	351.50	16:07:54	00059755445TRLO0	LSE
590	351.50	16:07:54	00059755446TRLO0	LSE
1733	351.00	16:08:54	00059755538TRLO0	LSE
1200	351.00	16:11:54	00059755921TRLO0	LSE
265	351.00	16:11:54	00059755922TRLO0	LSE
285	350.50	16:15:01	00059756146TRLO0	LSE
18	350.50	16:16:20	00059756380TRLO0	LSE
764	350.50	16:16:24	00059756401TRLO0	LSE
383	350.50	16:16:24	00059756402TRLO0	LSE
1097	350.50	16:16:24	00059756403TRLO0	LSE
486	350.50	16:16:24	00059756404TRLO0	LSE
1706	350.00	16:17:25	00059756535TRLO0	LSE
113	350.00	16:18:14	00059756616TRLO0	LSE
500	350.00	16:18:14	00059756617TRLO0	LSE
714	350.00	16:19:04	00059756728TRLO0	LSE
152	350.00	16:20:51	00059756949TRLO0	LSE
133	350.00	16:23:54	00059757249TRLO0	LSE
467	350.00	16:23:54	00059757250TRLO0	LSE
1292	350.00	16:23:54	00059757251TRLO0	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