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 November 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 November 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	:  60,000
Weighted average purchase price paid	:  369.4317 pence per share
Highest purchase price paid	:  370.5 pence per share
Lowest purchase price paid	:  368 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 15,526,710 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 230,564,713 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 November 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1580	368.50	08:31:58	00062333836TRLO0	LSE
150	370.50	08:59:50	00062335761TRLO0	LSE
920	370.50	08:59:50	00062335762TRLO0	LSE
780	370.50	08:59:50	00062335763TRLO0	LSE
1780	370.00	09:01:25	00062335843TRLO0	LSE
444	370.50	09:42:38	00062337637TRLO0	LSE
900	370.50	09:42:38	00062337638TRLO0	LSE
300	370.50	09:42:38	00062337639TRLO0	LSE
150	370.50	09:42:38	00062337640TRLO0	LSE
48	370.50	09:42:38	00062337641TRLO0	LSE
219	370.50	09:42:38	00062337642TRLO0	LSE
3	370.50	09:44:18	00062337676TRLO0	LSE
150	370.00	10:36:45	00062339531TRLO0	LSE
274	370.00	10:36:45	00062339532TRLO0	LSE
95	370.00	10:36:45	00062339533TRLO0	LSE
1256	370.00	10:36:45	00062339534TRLO0	LSE
923	369.50	11:39:08	00062341002TRLO0	LSE
186	369.50	11:39:08	00062341003TRLO0	LSE
2	369.50	11:39:08	00062341004TRLO0	LSE
600	369.50	11:39:08	00062341005TRLO0	LSE
275	369.50	11:39:08	00062341006TRLO0	LSE
1985	369.50	11:39:08	00062341007TRLO0	LSE
393	368.00	13:54:08	00062344476TRLO0	LSE
376	368.50	14:27:58	00062345634TRLO0	LSE
479	368.50	14:27:58	00062345635TRLO0	LSE
750	368.50	14:27:58	00062345636TRLO0	LSE
150	368.50	14:27:58	00062345637TRLO0	LSE
150	368.50	14:27:58	00062345638TRLO0	LSE
150	368.50	14:27:58	00062345639TRLO0	LSE
685	368.50	14:27:58	00062345640TRLO0	LSE
150	368.50	14:27:58	00062345641TRLO0	LSE
150	368.50	14:27:58	00062345642TRLO0	LSE
358	368.50	14:27:58	00062345643TRLO0	LSE
3000	368.50	14:27:58	00062345644TRLO0	LSE
58	368.50	14:27:58	00062345645TRLO0	LSE
476	368.50	14:27:58	00062345646TRLO0	LSE
3828	368.50	14:27:58	00062345647TRLO0	LSE
769	369.00	14:27:58	00062345648TRLO0	LSE
3861	369.50	15:00:00	00062347094TRLO0	LSE
1849	369.50	15:00:00	00062347095TRLO0	LSE
1859	369.50	15:00:00	00062347096TRLO0	LSE
2154	369.50	15:00:00	00062347097TRLO0	LSE
2112	369.50	15:00:00	00062347098TRLO0	LSE
435	369.50	15:00:00	00062347099TRLO0	LSE
1744	369.50	15:00:00	00062347100TRLO0	LSE
150	369.50	15:00:00	00062347101TRLO0	LSE
1206	369.50	15:00:00	00062347102TRLO0	LSE
26	369.50	15:08:27	00062347565TRLO0	LSE
28	369.50	15:08:57	00062347586TRLO0	LSE
32	369.50	15:09:30	00062347606TRLO0	LSE
16	369.50	15:09:56	00062347621TRLO0	LSE
32	369.50	15:10:31	00062347645TRLO0	LSE
20	369.50	15:11:04	00062347671TRLO0	LSE
16	369.50	15:11:21	00062347680TRLO0	LSE
20	369.50	15:12:08	00062347747TRLO0	LSE
20	369.50	15:12:29	00062347757TRLO0	LSE
252	369.50	15:12:51	00062347778TRLO0	LSE
191	370.00	15:13:53	00062347844TRLO0	LSE
159	370.00	15:13:53	00062347845TRLO0	LSE
208	370.00	15:13:53	00062347846TRLO0	LSE
503	370.00	15:13:53	00062347847TRLO0	LSE
451	370.00	15:13:53	00062347848TRLO0	LSE
114	370.00	15:13:53	00062347850TRLO0	LSE
208	370.00	15:13:53	00062347853TRLO0	LSE
1678	370.00	15:16:53	00062347972TRLO0	LSE
150	370.00	15:16:53	00062347973TRLO0	LSE
144	370.00	15:16:53	00062347974TRLO0	LSE
1972	369.50	15:23:55	00062348296TRLO0	LSE
1396	369.50	15:23:55	00062348297TRLO0	LSE
575	369.50	15:23:55	00062348298TRLO0	LSE
36	370.00	15:23:55	00062348299TRLO0	LSE
463	370.00	15:23:55	00062348302TRLO0	LSE
460	370.00	15:23:55	00062348304TRLO0	LSE
2750	369.50	15:52:39	00062349920TRLO0	LSE
270	370.00	15:53:39	00062349974TRLO0	LSE
48	370.00	15:53:39	00062349975TRLO0	LSE
232	370.00	15:53:39	00062349976TRLO0	LSE
471	370.00	15:53:39	00062349977TRLO0	LSE
256	370.00	15:53:39	00062349978TRLO0	LSE
6	370.00	15:58:39	00062350230TRLO0	LSE
256	370.00	15:58:39	00062350231TRLO0	LSE
75	370.00	15:58:39	00062350232TRLO0	LSE
74	370.00	15:58:39	00062350233TRLO0	LSE
37	370.00	15:58:39	00062350234TRLO0	LSE
515	370.00	15:58:39	00062350235TRLO0	LSE
2854	369.50	16:10:25	00062350725TRLO0	LSE
45	370.00	16:14:39	00062350961TRLO0	LSE
562	369.50	16:14:39	00062350962TRLO0	LSE
567	369.50	16:14:39	00062350963TRLO0	LSE
562	369.50	16:14:39	00062350966TRLO0	LSE
938	369.50	16:14:39	00062350967TRLO0	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