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

1 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 31 August 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	:  345.568 pence per share
Highest purchase price paid	:  349 pence per share
Lowest purchase price paid	:  341.5 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 9,090,984 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 237,000,439, 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 31 August 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
376	347.00	08:13:01	00060759686TRLO0	LSE
1561	348.50	08:21:30	00060760059TRLO0	LSE
1169	349.00	08:26:27	00060760191TRLO0	LSE
478	349.00	08:26:27	00060760192TRLO0	LSE
1538	348.50	08:26:35	00060760196TRLO0	LSE
800	348.00	08:26:35	00060760197TRLO0	LSE
800	348.00	08:26:35	00060760198TRLO0	LSE
265	348.00	08:26:35	00060760199TRLO0	LSE
778	347.50	08:34:19	00060760402TRLO0	LSE
807	347.50	08:34:19	00060760403TRLO0	LSE
1821	346.50	08:40:24	00060760666TRLO0	LSE
1333	345.50	09:00:17	00060761402TRLO0	LSE
372	345.50	09:00:17	00060761403TRLO0	LSE
1518	345.50	09:00:17	00060761404TRLO0	LSE
174	346.00	09:25:34	00060762314TRLO0	LSE
1404	346.00	09:25:34	00060762315TRLO0	LSE
1725	345.50	09:28:34	00060762406TRLO0	LSE
1725	345.00	09:32:10	00060762476TRLO0	LSE
144	347.00	09:54:30	00060763159TRLO0	LSE
800	347.00	09:54:30	00060763160TRLO0	LSE
796	347.00	09:54:30	00060763161TRLO0	LSE
1579	347.00	09:59:30	00060763328TRLO0	LSE
145	346.50	10:06:00	00060763593TRLO0	LSE
1420	346.50	10:06:00	00060763594TRLO0	LSE
1512	346.50	10:06:00	00060763595TRLO0	LSE
1786	345.50	10:14:48	00060763969TRLO0	LSE
1775	345.50	10:39:37	00060765071TRLO0	LSE
830	345.50	10:39:37	00060765072TRLO0	LSE
811	345.50	10:39:37	00060765073TRLO0	LSE
1527	345.50	10:39:37	00060765074TRLO0	LSE
421	344.00	10:53:41	00060766040TRLO0	LSE
1330	344.00	11:13:44	00060766775TRLO0	LSE
815	344.00	11:13:44	00060766776TRLO0	LSE
68	344.00	11:13:44	00060766786TRLO0	LSE
1746	346.50	11:46:09	00060767862TRLO0	LSE
1823	347.00	12:02:02	00060768350TRLO0	LSE
1786	347.00	12:02:02	00060768351TRLO0	LSE
2319	346.50	12:02:02	00060768352TRLO0	LSE
691	346.00	12:33:58	00060769427TRLO0	LSE
1709	346.00	12:33:58	00060769428TRLO0	LSE
952	346.00	12:33:58	00060769429TRLO0	LSE
706	346.00	12:51:15	00060769906TRLO0	LSE
1537	346.00	13:01:43	00060770258TRLO0	LSE
294	346.00	13:01:43	00060770262TRLO0	LSE
90	346.00	13:01:43	00060770263TRLO0	LSE
145	346.00	13:16:10	00060770672TRLO0	LSE
145	346.00	13:16:20	00060770673TRLO0	LSE
145	346.00	13:16:30	00060770703TRLO0	LSE
1466	347.00	13:31:40	00060771689TRLO0	LSE
1600	347.00	13:31:40	00060771690TRLO0	LSE
128	347.00	13:31:40	00060771691TRLO0	LSE
671	347.00	13:31:40	00060771692TRLO0	LSE
800	347.00	13:31:40	00060771693TRLO0	LSE
78	347.00	13:31:40	00060771694TRLO0	LSE
1601	347.00	13:43:50	00060772285TRLO0	LSE
62	347.00	13:43:50	00060772286TRLO0	LSE
1719	347.00	13:43:50	00060772287TRLO0	LSE
154	348.00	14:11:41	00060773420TRLO0	LSE
1625	348.00	14:11:41	00060773421TRLO0	LSE
523	347.50	14:11:43	00060773422TRLO0	LSE
800	347.50	14:11:43	00060773423TRLO0	LSE
238	347.50	14:12:00	00060773437TRLO0	LSE
11	347.50	14:12:00	00060773438TRLO0	LSE
559	347.00	14:12:10	00060773444TRLO0	LSE
1050	347.00	14:12:10	00060773445TRLO0	LSE
144	346.50	14:16:10	00060773640TRLO0	LSE
2250	346.50	14:16:10	00060773641TRLO0	LSE
1796	346.00	14:28:20	00060774227TRLO0	LSE
130	345.50	14:30:10	00060774431TRLO0	LSE
145	345.50	14:30:49	00060774486TRLO0	LSE
1601	345.50	14:30:49	00060774487TRLO0	LSE
1655	345.00	14:32:49	00060774644TRLO0	LSE
369	346.00	14:54:04	00060776433TRLO0	LSE
523	346.00	14:54:06	00060776447TRLO0	LSE
1492	346.00	14:54:06	00060776448TRLO0	LSE
1984	345.50	14:54:06	00060776450TRLO0	LSE
1585	345.50	14:54:06	00060776451TRLO0	LSE
1612	345.00	15:09:10	00060777758TRLO0	LSE
2228	345.00	15:09:10	00060777759TRLO0	LSE
209	344.50	15:14:35	00060778261TRLO0	LSE
1347	344.50	15:15:33	00060778346TRLO0	LSE
800	344.50	15:15:33	00060778359TRLO0	LSE
780	344.50	15:15:33	00060778360TRLO0	LSE
82	344.50	15:15:33	00060778361TRLO0	LSE
1620	343.50	15:23:03	00060778917TRLO0	LSE
364	342.50	15:29:58	00060779664TRLO0	LSE
1238	342.50	15:29:58	00060779665TRLO0	LSE
1695	342.00	15:40:20	00060780630TRLO0	LSE
1705	342.00	15:40:20	00060780631TRLO0	LSE
918	342.50	15:52:30	00060781528TRLO0	LSE
6	342.50	15:52:30	00060781529TRLO0	LSE
375	342.50	15:52:30	00060781530TRLO0	LSE
242	342.50	15:53:10	00060781582TRLO0	LSE
190	342.50	15:53:10	00060781583TRLO0	LSE
522	343.00	15:56:10	00060781815TRLO0	LSE
295	343.00	15:56:10	00060781816TRLO0	LSE
329	343.00	15:56:10	00060781817TRLO0	LSE
752	342.00	15:56:32	00060781863TRLO0	LSE
208	342.00	15:57:33	00060781966TRLO0	LSE
1431	342.00	16:00:33	00060782294TRLO0	LSE
813	342.00	16:00:33	00060782295TRLO0	LSE
231	342.00	16:00:33	00060782296TRLO0	LSE
1774	341.50	16:07:30	00060782964TRLO0	LSE
165	341.50	16:10:49	00060783244TRLO0	LSE
1078	342.00	16:21:42	00060784131TRLO0	LSE
260	343.00	16:23:55	00060784467TRLO0	LSE
303	343.00	16:23:55	00060784468TRLO0	LSE
30	343.00	16:23:55	00060784469TRLO0	LSE
326	343.00	16:23:55	00060784470TRLO0	LSE
398	343.00	16:23:55	00060784471TRLO0	LSE
1	343.00	16:23:55	00060784472TRLO0	LSE
423	343.00	16:23:55	00060784473TRLO0	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