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

24 October 2022

REDDE NORTHGATE PLC

(“Redde Northgate” or the “Group” or the “Company”)

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 24 October 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	:  115,890
Weighted average purchase price paid	:  317.7113 pence per share
Highest purchase price paid	:  321 pence per share
Lowest purchase price paid	:  315 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 13,232,446 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 232,858,977 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 24 October 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1992	321.00	08:14:36	00061709813TRLO0	LSE
2331	320.00	08:14:36	00061709814TRLO0	LSE
2170	318.50	08:14:46	00061709821TRLO0	LSE
2072	316.50	08:21:41	00061710532TRLO0	LSE
713	316.00	09:11:08	00061712862TRLO0	LSE
617	316.00	09:11:08	00061712861TRLO0	LSE
466	316.00	09:11:08	00061712860TRLO0	LSE
1727	315.00	09:20:19	00061713282TRLO0	LSE
726	316.50	10:15:59	00061715821TRLO0	LSE
544	316.50	10:15:59	00061715820TRLO0	LSE
733	316.50	10:15:59	00061715819TRLO0	LSE
650	315.50	10:28:29	00061716310TRLO0	LSE
1439	315.50	10:28:29	00061716309TRLO0	LSE
607	315.50	10:33:42	00061716514TRLO0	LSE
632	315.50	10:55:06	00061717519TRLO0	LSE
901	317.00	10:57:17	00061717676TRLO0	LSE
436	317.00	10:57:17	00061717675TRLO0	LSE
425	317.00	10:57:17	00061717674TRLO0	LSE
511	317.00	10:57:17	00061717678TRLO0	LSE
602	317.00	10:57:17	00061717677TRLO0	LSE
700	317.50	11:10:19	00061718217TRLO0	LSE
700	317.50	11:10:19	00061718216TRLO0	LSE
420	317.50	11:10:19	00061718215TRLO0	LSE
661	317.50	11:10:19	00061718214TRLO0	LSE
1400	317.50	11:10:19	00061718213TRLO0	LSE
43	317.50	11:10:19	00061718218TRLO0	LSE
2163	318.00	11:34:47	00061719356TRLO0	LSE
140	318.00	11:34:47	00061719355TRLO0	LSE
1666	318.00	11:34:47	00061719354TRLO0	LSE
539	318.00	11:42:27	00061719657TRLO0	LSE
389	318.00	11:42:27	00061719656TRLO0	LSE
1945	317.00	11:45:33	00061719730TRLO0	LSE
15890	316.50	11:53:48	00061720006TRLO0	LSE
956	318.00	12:10:01	00061720779TRLO0	LSE
3229	317.50	12:16:07	00061721601TRLO0	LSE
2036	318.00	12:29:43	00061722206TRLO0	LSE
1778	319.00	13:05:50	00061723691TRLO0	LSE
1	319.00	13:05:50	00061723690TRLO0	LSE
1347	319.00	13:08:26	00061723792TRLO0	LSE
428	319.00	13:08:26	00061723791TRLO0	LSE
1996	319.00	13:08:26	00061723793TRLO0	LSE
26	318.00	13:15:12	00061724016TRLO0	LSE
1361	318.00	13:17:36	00061724129TRLO0	LSE
607	318.00	13:17:40	00061724148TRLO0	LSE
1906	318.00	13:53:47	00061725405TRLO0	LSE
1405	318.00	14:06:32	00061726172TRLO0	LSE
700	318.00	14:06:32	00061726171TRLO0	LSE
1878	318.00	14:06:32	00061726173TRLO0	LSE
678	318.00	14:30:14	00061727021TRLO0	LSE
700	318.00	14:30:14	00061727020TRLO0	LSE
658	318.00	14:30:14	00061727019TRLO0	LSE
1255	318.00	14:30:14	00061727018TRLO0	LSE
588	318.00	14:30:14	00061727017TRLO0	LSE
876	318.00	14:30:14	00061727022TRLO0	LSE
916	318.00	14:30:15	00061727025TRLO0	LSE
394	318.00	14:30:15	00061727026TRLO0	LSE
386	318.00	14:31:15	00061727124TRLO0	LSE
531	318.00	14:31:15	00061727123TRLO0	LSE
866	318.00	14:31:15	00061727122TRLO0	LSE
2156	319.00	15:00:45	00061730513TRLO0	LSE
1888	319.00	15:00:45	00061730512TRLO0	LSE
1858	319.00	15:00:45	00061730511TRLO0	LSE
1971	318.50	15:02:01	00061730664TRLO0	LSE
1308	318.50	15:02:01	00061730663TRLO0	LSE
1944	318.00	15:02:34	00061730738TRLO0	LSE
1835	317.50	15:13:56	00061731678TRLO0	LSE
3	318.00	15:20:16	00061732190TRLO0	LSE
2100	318.00	15:20:16	00061732189TRLO0	LSE
1760	318.00	15:20:16	00061732191TRLO0	LSE
2001	317.50	15:23:05	00061732516TRLO0	LSE
1826	317.50	15:23:05	00061732517TRLO0	LSE
969	318.00	15:35:13	00061733291TRLO0	LSE
718	318.00	15:35:13	00061733292TRLO0	LSE
718	318.00	15:35:13	00061733293TRLO0	LSE
718	318.00	15:35:13	00061733294TRLO0	LSE
400	318.00	15:35:13	00061733295TRLO0	LSE
838	318.00	15:35:15	00061733309TRLO0	LSE
452	318.00	15:35:15	00061733308TRLO0	LSE
111	318.00	15:35:15	00061733307TRLO0	LSE
901	318.00	15:38:15	00061733450TRLO0	LSE
872	318.00	15:38:15	00061733449TRLO0	LSE
84	318.00	15:43:15	00061733794TRLO0	LSE
909	318.00	15:43:15	00061733793TRLO0	LSE
378	318.00	15:43:15	00061733792TRLO0	LSE
729	318.00	15:43:15	00061733791TRLO0	LSE
775	318.00	15:47:11	00061733968TRLO0	LSE
211	318.00	15:49:11	00061734028TRLO0	LSE
908	318.00	15:49:11	00061734027TRLO0	LSE
775	318.00	15:49:11	00061734026TRLO0	LSE
409	318.00	15:53:17	00061734243TRLO0	LSE
426	318.00	15:53:17	00061734242TRLO0	LSE
546	318.00	15:53:17	00061734241TRLO0	LSE
546	318.00	15:53:17	00061734240TRLO0	LSE
114	318.00	15:59:17	00061734510TRLO0	LSE
812	318.00	15:59:17	00061734509TRLO0	LSE
238	318.00	15:59:17	00061734508TRLO0	LSE
810	318.00	16:02:32	00061734667TRLO0	LSE
446	318.00	16:02:32	00061734666TRLO0	LSE
861	318.00	16:02:32	00061734665TRLO0	LSE
36	318.00	16:09:37	00061734920TRLO0	LSE
801	318.00	16:09:37	00061734921TRLO0	LSE
961	318.00	16:11:37	00061734983TRLO0	LSE
415	318.00	16:11:37	00061734982TRLO0	LSE
125	318.00	16:11:37	00061734981TRLO0	LSE
301	318.00	16:14:37	00061735086TRLO0	LSE
371	318.00	16:14:37	00061735088TRLO0	LSE
371	318.00	16:14:37	00061735087TRLO0	LSE
733	318.00	16:17:34	00061735200TRLO0	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    [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