Transaction in Own Shares

4 May 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 May 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	:  396.2742 pence per share
Highest purchase price paid	:  399 pence per share
Lowest purchase price paid	:  392 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 1,925,991 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 244,165,432, 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 May 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1428	399.00	08:08:03	00058611863TRLO0	LSE
456	399.00	08:12:44	00058612239TRLO0	LSE
912	399.00	08:12:44	00058612240TRLO0	LSE
833	399.00	08:15:40	00058612564TRLO0	LSE
500	399.00	08:15:40	00058612565TRLO0	LSE
246	399.00	08:15:40	00058612566TRLO0	LSE
400	399.00	08:15:40	00058612567TRLO0	LSE
701	399.00	08:15:40	00058612568TRLO0	LSE
232	399.00	08:15:40	00058612569TRLO0	LSE
1144	398.50	08:08:18	00058611881TRLO0	LSE
291	398.50	08:08:18	00058611882TRLO0	LSE
36	398.00	08:12:44	00058612241TRLO0	LSE
1536	398.00	08:35:32	00058613728TRLO0	LSE
171	398.00	09:18:08	00058616033TRLO0	LSE
443	398.00	09:18:08	00058616034TRLO0	LSE
799	398.00	09:18:08	00058616035TRLO0	LSE
1620	398.00	09:18:08	00058616036TRLO0	LSE
1240	398.00	10:14:53	00058619510TRLO0	LSE
104	398.00	10:14:53	00058619511TRLO0	LSE
100	397.50	08:21:07	00058613001TRLO0	LSE
1452	397.50	08:21:07	00058613002TRLO0	LSE
1467	397.50	08:45:52	00058614324TRLO0	LSE
37	397.50	08:45:52	00058614325TRLO0	LSE
33	397.50	08:45:52	00058614326TRLO0	LSE
928	397.50	08:45:52	00058614327TRLO0	LSE
474	397.50	08:45:52	00058614328TRLO0	LSE
50000	397.50	10:11:17	00058619244TRLO0	LSE
86	397.50	10:29:39	00058620858TRLO0	LSE
595	397.50	10:29:39	00058620859TRLO0	LSE
836	397.50	10:29:47	00058620866TRLO0	LSE
400	397.00	09:51:25	00058617990TRLO0	LSE
700	396.50	08:58:34	00058615014TRLO0	LSE
668	396.50	08:58:34	00058615015TRLO0	LSE
817	396.50	09:59:11	00058618486TRLO0	LSE
1565	395.00	11:25:22	00058624110TRLO0	LSE
174	394.00	12:02:39	00058625995TRLO0	LSE
117	394.00	12:05:55	00058626124TRLO0	LSE
23	394.00	12:05:55	00058626125TRLO0	LSE
1236	394.00	12:10:20	00058626282TRLO0	LSE
400	394.00	12:31:05	00058627301TRLO0	LSE
217	393.50	12:26:57	00058627136TRLO0	LSE
719	393.50	12:38:31	00058627692TRLO0	LSE
563	393.50	12:38:31	00058627693TRLO0	LSE
798	393.50	12:59:31	00058628823TRLO0	LSE
536	393.50	13:08:23	00058629225TRLO0	LSE
1359	393.50	13:41:12	00058630727TRLO0	LSE
244	393.00	13:41:15	00058630734TRLO0	LSE
230	393.00	13:52:51	00058631307TRLO0	LSE
320	393.00	13:55:33	00058631456TRLO0	LSE
527	393.00	13:59:51	00058631631TRLO0	LSE
1317	393.00	14:12:42	00058632233TRLO0	LSE
634	393.00	14:12:42	00058632234TRLO0	LSE
767	393.00	14:12:42	00058632235TRLO0	LSE
667	393.00	14:26:26	00058633060TRLO0	LSE
804	393.00	14:26:26	00058633061TRLO0	LSE
203	392.50	14:26:28	00058633062TRLO0	LSE
1119	392.50	14:27:51	00058633147TRLO0	LSE
1446	392.50	15:51:29	00058640095TRLO0	LSE
653	392.50	15:59:29	00058640780TRLO0	LSE
339	392.50	15:59:29	00058640781TRLO0	LSE
587	392.50	15:59:29	00058640782TRLO0	LSE
685	392.00	14:44:59	00058635131TRLO0	LSE
631	392.00	14:44:59	00058635132TRLO0	LSE
1100	392.00	15:09:10	00058636936TRLO0	LSE
489	392.00	15:09:10	00058636937TRLO0	LSE
691	392.00	15:09:10	00058636938TRLO0	LSE
665	392.00	15:09:10	00058636939TRLO0	LSE
58	392.00	15:16:12	00058637396TRLO0	LSE
1000	392.00	15:16:12	00058637397TRLO0	LSE
461	392.00	15:16:12	00058637398TRLO0	LSE
678	392.00	15:18:12	00058637571TRLO0	LSE
577	392.00	15:39:11	00058639154TRLO0	LSE
31	392.00	15:39:11	00058639155TRLO0	LSE
15	392.00	15:41:06	00058639350TRLO0	LSE
492	392.00	15:41:06	00058639351TRLO0	LSE
165	392.00	15:41:06	00058639352TRLO0	LSE
88	392.00	15:41:06	00058639353TRLO0	LSE
23	392.00	15:41:06	00058639354TRLO0	LSE
1084	392.00	15:41:06	00058639355TRLO0	LSE
358	392.00	15:41:06	00058639356TRLO0	LSE
1460	392.00	16:12:16	00058642241TRLO0	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