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

26 September 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 September 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 :  115,144
Weighted average purchase price paid :  307.5166 pence per share
Highest purchase price paid :  313 pence per share
Lowest purchase price paid :  304 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 10,757,927 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 235,333,496 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 September 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
389 312.50  08:15:52 00061135177TRLO0 LSE
1786 312.00  08:34:24 00061136111TRLO0 LSE
2683 312.00  08:34:24 00061136112TRLO0 LSE
160 312.50  08:40:02 00061136326TRLO0 LSE
1714 312.50  08:40:02 00061136327TRLO0 LSE
1695 313.00  08:56:09 00061137431TRLO0 LSE
161 311.50  09:02:10 00061137650TRLO0 LSE
1615 311.50  09:02:10 00061137651TRLO0 LSE
1842 308.00  09:44:15 00061139594TRLO0 LSE
1114 309.50  09:58:52 00061141199TRLO0 LSE
649 309.50  10:02:10 00061141514TRLO0 LSE
1258 309.50  10:02:10 00061141515TRLO0 LSE
1205 308.50  10:17:20 00061142374TRLO0 LSE
162 308.50  10:25:30 00061142750TRLO0 LSE
324 308.50  10:25:30 00061142751TRLO0 LSE
559 308.50  10:33:19 00061143155TRLO0 LSE
1810 308.50  10:33:19 00061143156TRLO0 LSE
600 308.00  10:34:33 00061143240TRLO0 LSE
1128 308.00  10:34:33 00061143241TRLO0 LSE
333 306.50  10:45:43 00061144116TRLO0 LSE
1575 306.50  10:45:43 00061144117TRLO0 LSE
350 306.50  11:24:44 00061146335TRLO0 LSE
644 306.50  11:24:44 00061146336TRLO0 LSE
302 306.50  11:33:26 00061147227TRLO0 LSE
439 306.50  11:33:32 00061147243TRLO0 LSE
644 306.50  11:33:32 00061147244TRLO0 LSE
302 306.50  11:33:32 00061147245TRLO0 LSE
35 306.00  11:40:46 00061147908TRLO0 LSE
600 306.00  11:40:46 00061147909TRLO0 LSE
600 306.00  11:40:46 00061147910TRLO0 LSE
600 306.00  11:40:46 00061147911TRLO0 LSE
33 306.00  11:40:46 00061147912TRLO0 LSE
194 306.50  11:53:50 00061148580TRLO0 LSE
1368 306.50  11:53:50 00061148581TRLO0 LSE
164 306.00  11:55:00 00061148704TRLO0 LSE
1398 306.00  11:55:00 00061148705TRLO0 LSE
67 305.00  11:58:40 00061149052TRLO0 LSE
600 305.00  12:04:33 00061149633TRLO0 LSE
1278 305.00  12:04:33 00061149634TRLO0 LSE
498 305.00  12:04:33 00061149635TRLO0 LSE
1419 305.00  12:04:33 00061149636TRLO0 LSE
527 304.00  12:25:57 00061151550TRLO0 LSE
440 304.00  12:25:57 00061151551TRLO0 LSE
343 304.00  12:25:57 00061151552TRLO0 LSE
1822 304.50  12:43:31 00061152476TRLO0 LSE
164 306.00  12:49:06 00061152746TRLO0 LSE
234 306.00  12:49:06 00061152747TRLO0 LSE
36 306.00  12:49:06 00061152748TRLO0 LSE
35 306.00  12:49:06 00061152749TRLO0 LSE
164 306.00  12:49:11 00061152751TRLO0 LSE
206 306.50  12:51:55 00061152858TRLO0 LSE
377 306.50  12:51:55 00061152859TRLO0 LSE
571 306.50  12:51:55 00061152860TRLO0 LSE
1200 306.50  12:51:55 00061152861TRLO0 LSE
535 306.50  12:51:55 00061152862TRLO0 LSE
116 306.50  12:51:55 00061152863TRLO0 LSE
545 306.50  12:56:50 00061153011TRLO0 LSE
490 306.50  12:56:50 00061153012TRLO0 LSE
25 306.50  13:02:10 00061153219TRLO0 LSE
600 307.00  13:14:18 00061153761TRLO0 LSE
353 307.00  13:14:18 00061153762TRLO0 LSE
769 307.00  13:14:19 00061153765TRLO0 LSE
355 306.50  13:19:08 00061154031TRLO0 LSE
600 306.50  13:19:08 00061154032TRLO0 LSE
385 306.50  13:19:08 00061154033TRLO0 LSE
276 306.50  13:19:08 00061154034TRLO0 LSE
324 306.50  13:19:08 00061154035TRLO0 LSE
600 306.50  13:19:08 00061154036TRLO0 LSE
600 306.50  13:19:08 00061154037TRLO0 LSE
230 306.50  13:19:08 00061154038TRLO0 LSE
156 306.50  13:24:08 00061154294TRLO0 LSE
1100 306.50  13:24:08 00061154295TRLO0 LSE
387 306.50  13:24:08 00061154296TRLO0 LSE
790 307.00  13:44:44 00061155227TRLO0 LSE
871 307.00  13:44:44 00061155228TRLO0 LSE
341 307.00  13:44:44 00061155229TRLO0 LSE
886 307.00  13:44:44 00061155230TRLO0 LSE
33 307.00  13:44:44 00061155231TRLO0 LSE
636 306.50  13:52:38 00061155705TRLO0 LSE
1603 306.00  13:58:52 00061155992TRLO0 LSE
1696 307.00  14:06:46 00061156296TRLO0 LSE
1220 307.00  14:06:46 00061156297TRLO0 LSE
523 307.00  14:06:46 00061156298TRLO0 LSE
1275 308.00  14:22:57 00061157181TRLO0 LSE
329 308.00  14:22:57 00061157182TRLO0 LSE
694 308.00  14:23:58 00061157262TRLO0 LSE
1000 308.00  14:23:58 00061157263TRLO0 LSE
62 308.00  14:24:00 00061157266TRLO0 LSE
1735 308.00  14:25:25 00061157339TRLO0 LSE
1896 308.00  14:25:25 00061157340TRLO0 LSE
1200 307.50  14:25:25 00061157341TRLO0 LSE
600 307.50  14:25:25 00061157342TRLO0 LSE
180 307.50  14:25:25 00061157343TRLO0 LSE
1193 306.50  14:33:02 00061157928TRLO0 LSE
386 306.50  14:33:02 00061157929TRLO0 LSE
438 306.50  14:41:25 00061158454TRLO0 LSE
600 306.50  14:41:25 00061158455TRLO0 LSE
600 306.50  14:41:25 00061158456TRLO0 LSE
278 306.50  14:41:25 00061158457TRLO0 LSE
533 307.00  14:50:37 00061158998TRLO0 LSE
92 307.00  14:52:47 00061159168TRLO0 LSE
1164 307.00  14:52:47 00061159169TRLO0 LSE
901 307.00  14:52:47 00061159170TRLO0 LSE
644 307.00  14:52:47 00061159171TRLO0 LSE
760 307.00  14:54:47 00061159327TRLO0 LSE
282 307.00  14:54:47 00061159328TRLO0 LSE
1147 306.50  14:57:02 00061159457TRLO0 LSE
600 306.50  14:57:02 00061159458TRLO0 LSE
141 306.50  14:57:02 00061159459TRLO0 LSE
1888 307.50  15:12:06 00061160662TRLO0 LSE
1031 307.50  15:12:06 00061160663TRLO0 LSE
1658 308.00  15:15:14 00061160864TRLO0 LSE
1620 308.00  15:15:14 00061160865TRLO0 LSE
570 308.00  15:15:14 00061160866TRLO0 LSE
1207 308.00  15:15:14 00061160867TRLO0 LSE
644 308.00  15:15:14 00061160868TRLO0 LSE
562 308.00  15:15:14 00061160869TRLO0 LSE
1593 307.50  15:16:33 00061160929TRLO0 LSE
521 307.00  15:22:09 00061161281TRLO0 LSE
1117 307.00  15:22:09 00061161282TRLO0 LSE
100 307.00  15:25:57 00061161547TRLO0 LSE
73 307.00  15:25:57 00061161548TRLO0 LSE
1500 307.50  15:30:17 00061161958TRLO0 LSE
254 307.50  15:30:19 00061161960TRLO0 LSE
519 307.50  15:34:02 00061162294TRLO0 LSE
1262 307.50  15:34:02 00061162295TRLO0 LSE
280 307.50  15:34:47 00061162389TRLO0 LSE
57 307.50  15:34:47 00061162390TRLO0 LSE
2432 307.50  15:34:47 00061162391TRLO0 LSE
1693 306.50  15:37:05 00061162562TRLO0 LSE
1468 307.00  15:46:18 00061162996TRLO0 LSE
103 307.00  15:46:18 00061162997TRLO0 LSE
1712 307.00  15:53:15 00061163483TRLO0 LSE
779 307.00  15:53:15 00061163484TRLO0 LSE
1034 307.00  15:53:15 00061163485TRLO0 LSE
89 307.00  15:53:22 00061163489TRLO0 LSE
370 307.00  15:53:22 00061163490TRLO0 LSE
72 307.00  15:53:22 00061163491TRLO0 LSE
91 307.00  15:53:22 00061163492TRLO0 LSE
346 307.00  16:00:02 00061164099TRLO0 LSE
407 307.00  16:00:02 00061164100TRLO0 LSE
600 307.00  16:00:02 00061164101TRLO0 LSE
285 307.00  16:00:02 00061164102TRLO0 LSE
637 307.00  16:00:02 00061164103TRLO0 LSE
1 307.00  16:00:02 00061164104TRLO0 LSE
683 307.00  16:02:46 00061164405TRLO0 LSE
310 307.00  16:02:46 00061164406TRLO0 LSE
1490 307.00  16:02:46 00061164407TRLO0 LSE
403 307.00  16:02:46 00061164408TRLO0 LSE
431 307.00  16:02:46 00061164409TRLO0 LSE
1709 307.50  16:07:53 00061165025TRLO0 LSE
2 307.50  16:07:53 00061165026TRLO0 LSE
164 307.50  16:07:53 00061165027TRLO0 LSE
278 307.50  16:08:15 00061165071TRLO0 LSE
600 307.50  16:08:15 00061165072TRLO0 LSE
796 307.50  16:08:15 00061165073TRLO0 LSE
898 307.50  16:08:15 00061165077TRLO0 LSE
728 307.50  16:08:15 00061165079TRLO0 LSE
62 307.00  16:14:45 00061165697TRLO0 LSE
303 307.00  16:15:38 00061165801TRLO0 LSE
303 307.00  16:15:40 00061165804TRLO0 LSE
358 307.00  16:15:43 00061165809TRLO0 LSE
830 307.50  16:18:43 00061166134TRLO0 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/Hannah Ratcliff    +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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