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

20 December 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 19 December 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	:  65,000
Weighted average purchase price paid	:  421.8035 pence per share
Highest purchase price paid	:  424 pence per share
Lowest purchase price paid	:  417 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 16,375,785 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 229,715,638 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 19 December 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1728	417.00	08:34:32	00062792063TRLO0	LSE
220	417.00	08:34:32	00062792064TRLO0	LSE
95	418.50	08:48:02	00062792298TRLO0	LSE
500	418.50	08:48:02	00062792299TRLO0	LSE
250	418.50	08:48:02	00062792300TRLO0	LSE
96	418.50	08:48:02	00062792301TRLO0	LSE
277	418.50	08:48:02	00062792302TRLO0	LSE
344	418.50	08:48:02	00062792303TRLO0	LSE
1399	419.50	08:52:39	00062792341TRLO0	LSE
1601	419.00	08:57:55	00062792432TRLO0	LSE
257	418.00	09:04:07	00062792695TRLO0	LSE
1114	418.00	09:04:07	00062792696TRLO0	LSE
25	421.00	09:41:41	00062793661TRLO0	LSE
1375	421.00	09:41:41	00062793662TRLO0	LSE
91	421.00	09:41:41	00062793663TRLO0	LSE
1371	420.50	09:49:33	00062793793TRLO0	LSE
118	423.00	10:15:39	00062794385TRLO0	LSE
1493	423.50	10:30:18	00062794611TRLO0	LSE
1000	423.00	10:30:21	00062794612TRLO0	LSE
30	423.00	10:30:21	00062794613TRLO0	LSE
429	423.00	10:30:21	00062794614TRLO0	LSE
1374	422.50	10:45:22	00062795113TRLO0	LSE
1	422.00	11:00:00	00062795496TRLO0	LSE
971	422.00	11:04:33	00062795584TRLO0	LSE
476	422.00	11:04:33	00062795585TRLO0	LSE
1000	423.50	11:23:50	00062796120TRLO0	LSE
146	423.50	11:23:51	00062796122TRLO0	LSE
215	423.50	11:23:51	00062796123TRLO0	LSE
712	423.50	11:26:08	00062796180TRLO0	LSE
628	423.50	11:26:08	00062796181TRLO0	LSE
1752	423.50	11:39:48	00062796462TRLO0	LSE
391	423.50	11:39:48	00062796463TRLO0	LSE
1187	423.50	11:39:48	00062796464TRLO0	LSE
1578	423.00	11:45:14	00062796618TRLO0	LSE
1473	423.50	12:02:04	00062797068TRLO0	LSE
1000	422.50	12:14:57	00062797470TRLO0	LSE
546	422.50	12:15:17	00062797478TRLO0	LSE
1646	421.50	12:48:00	00062798255TRLO0	LSE
1942	421.00	12:48:16	00062798296TRLO0	LSE
1504	421.00	12:48:16	00062798297TRLO0	LSE
1756	424.00	13:05:27	00062798711TRLO0	LSE
974	424.00	13:05:27	00062798712TRLO0	LSE
514	423.50	13:05:27	00062798713TRLO0	LSE
891	423.50	13:05:27	00062798714TRLO0	LSE
616	424.00	13:17:09	00062799038TRLO0	LSE
148	424.00	13:17:09	00062799039TRLO0	LSE
624	424.00	13:17:09	00062799040TRLO0	LSE
1568	423.50	13:24:46	00062799440TRLO0	LSE
24	423.50	13:52:01	00062800175TRLO0	LSE
500	423.50	13:52:01	00062800176TRLO0	LSE
1020	423.50	13:52:01	00062800177TRLO0	LSE
1494	423.00	14:03:27	00062800585TRLO0	LSE
861	422.00	14:34:19	00062801840TRLO0	LSE
784	422.00	14:34:19	00062801841TRLO0	LSE
116	422.00	14:40:29	00062802289TRLO0	LSE
230	422.50	14:45:07	00062802529TRLO0	LSE
210	422.50	14:45:07	00062802530TRLO0	LSE
309	422.50	14:45:07	00062802531TRLO0	LSE
489	422.00	14:47:48	00062802681TRLO0	LSE
902	422.00	14:47:48	00062802682TRLO0	LSE
61	422.00	14:47:51	00062802684TRLO0	LSE
375	422.00	14:49:40	00062802789TRLO0	LSE
1473	422.00	14:52:28	00062802946TRLO0	LSE
233	422.00	15:03:47	00062803521TRLO0	LSE
173	422.00	15:03:47	00062803522TRLO0	LSE
624	422.00	15:03:47	00062803523TRLO0	LSE
24	422.00	15:03:47	00062803524TRLO0	LSE
233	422.00	15:08:12	00062803979TRLO0	LSE
1682	422.00	15:08:12	00062803980TRLO0	LSE
420	422.00	15:13:25	00062804360TRLO0	LSE
1632	422.00	15:27:11	00062805183TRLO0	LSE
702	421.50	15:27:16	00062805187TRLO0	LSE
598	421.50	15:27:35	00062805201TRLO0	LSE
164	421.50	15:28:06	00062805221TRLO0	LSE
923	420.50	15:34:32	00062805603TRLO0	LSE
588	420.50	15:34:35	00062805604TRLO0	LSE
391	421.00	15:36:27	00062805707TRLO0	LSE
452	421.00	15:36:27	00062805708TRLO0	LSE
1509	421.50	15:47:10	00062806435TRLO0	LSE
491	421.00	15:49:32	00062806580TRLO0	LSE
640	421.00	15:49:47	00062806596TRLO0	LSE
455	421.00	15:52:38	00062806726TRLO0	LSE
571	421.00	15:53:42	00062806793TRLO0	LSE
126	421.00	15:55:41	00062806960TRLO0	LSE
570	421.00	15:57:27	00062807031TRLO0	LSE
124	421.00	15:57:27	00062807032TRLO0	LSE
239	421.00	15:59:48	00062807118TRLO0	LSE
326	421.00	15:59:48	00062807119TRLO0	LSE
297	421.00	15:59:48	00062807120TRLO0	LSE
262	421.00	16:05:07	00062807540TRLO0	LSE
390	421.00	16:05:07	00062807541TRLO0	LSE
582	421.00	16:05:07	00062807542TRLO0	LSE
241	421.00	16:05:07	00062807543TRLO0	LSE
253	421.00	16:10:47	00062807890TRLO0	LSE
600	421.00	16:10:47	00062807891TRLO0	LSE
183	421.00	16:10:47	00062807892TRLO0	LSE
8	421.00	16:10:47	00062807893TRLO0	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