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

27 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 27 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	:  105,000
Weighted average purchase price paid	:  333.3034 pence per share
Highest purchase price paid	:  335 pence per share
Lowest purchase price paid	:  330.5 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 13,536,303 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 232,555,120 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 27 October 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1313	330.50	08:19:05	00061798276TRLO0	LSE
850	330.50	08:19:05	00061798275TRLO0	LSE
321	331.50	08:46:30	00061799620TRLO0	LSE
1175	334.00	08:57:32	00061800598TRLO0	LSE
1200	334.00	08:57:32	00061800597TRLO0	LSE
746	334.00	08:57:32	00061800602TRLO0	LSE
215	334.00	08:57:32	00061800601TRLO0	LSE
600	334.00	08:57:32	00061800600TRLO0	LSE
454	334.00	08:57:32	00061800599TRLO0	LSE
6	333.50	08:57:37	00061800606TRLO0	LSE
6	333.50	08:59:53	00061800759TRLO0	LSE
600	333.50	09:05:59	00061801121TRLO0	LSE
718	333.50	09:05:59	00061801122TRLO0	LSE
24	333.50	09:06:31	00061801154TRLO0	LSE
32	333.50	09:07:13	00061801194TRLO0	LSE
371	333.50	09:07:59	00061801247TRLO0	LSE
24	333.50	09:07:59	00061801246TRLO0	LSE
259	333.50	09:07:59	00061801248TRLO0	LSE
2216	333.50	09:42:48	00061803378TRLO0	LSE
2384	333.00	09:56:37	00061803929TRLO0	LSE
181	333.00	09:56:37	00061803932TRLO0	LSE
437	333.00	09:56:37	00061803931TRLO0	LSE
538	333.00	09:56:37	00061803930TRLO0	LSE
2021	333.00	11:04:57	00061807463TRLO0	LSE
35000	333.00	11:08:09	00061807564TRLO0	LSE
2025	333.00	11:34:00	00061808744TRLO0	LSE
10	331.00	11:45:15	00061809158TRLO0	LSE
8	331.00	11:45:35	00061809171TRLO0	LSE
2382	331.00	11:59:25	00061809654TRLO0	LSE
2411	331.50	13:15:18	00061811889TRLO0	LSE
212	331.50	13:17:15	00061812080TRLO0	LSE
569	331.50	13:17:15	00061812083TRLO0	LSE
715	331.50	13:17:15	00061812082TRLO0	LSE
600	331.50	13:17:15	00061812081TRLO0	LSE
639	331.50	13:19:14	00061812168TRLO0	LSE
751	331.50	13:19:15	00061812171TRLO0	LSE
122	331.50	13:19:15	00061812170TRLO0	LSE
630	331.50	13:19:24	00061812184TRLO0	LSE
2239	333.00	13:38:43	00061813039TRLO0	LSE
1826	333.00	13:50:58	00061813687TRLO0	LSE
179	333.00	13:50:58	00061813686TRLO0	LSE
1357	332.50	13:51:23	00061813725TRLO0	LSE
198	332.50	13:51:23	00061813724TRLO0	LSE
6	332.50	13:51:23	00061813723TRLO0	LSE
826	332.50	13:51:23	00061813722TRLO0	LSE
3	334.50	14:33:31	00061816302TRLO0	LSE
3045	335.00	14:35:24	00061816430TRLO0	LSE
4	335.00	14:35:24	00061816432TRLO0	LSE
276	335.00	14:35:24	00061816431TRLO0	LSE
2181	335.00	14:35:24	00061816433TRLO0	LSE
5	335.00	14:36:41	00061816509TRLO0	LSE
2785	334.50	14:39:45	00061816668TRLO0	LSE
509	334.50	14:39:45	00061816667TRLO0	LSE
495	334.50	14:39:45	00061816670TRLO0	LSE
571	334.50	14:39:45	00061816669TRLO0	LSE
33	334.00	14:41:01	00061816757TRLO0	LSE
1422	334.00	14:41:01	00061816759TRLO0	LSE
642	334.00	14:41:01	00061816758TRLO0	LSE
172	333.50	14:45:36	00061817103TRLO0	LSE
715	333.50	14:45:36	00061817102TRLO0	LSE
453	333.50	14:45:36	00061817104TRLO0	LSE
145	333.50	14:46:28	00061817191TRLO0	LSE
915	333.50	14:46:28	00061817190TRLO0	LSE
2323	333.00	15:16:47	00061819383TRLO0	LSE
2054	333.00	15:16:47	00061819382TRLO0	LSE
118	335.00	15:32:41	00061820357TRLO0	LSE
689	335.00	15:32:41	00061820356TRLO0	LSE
226	335.00	15:32:41	00061820358TRLO0	LSE
326	335.00	15:32:41	00061820359TRLO0	LSE
1217	335.00	15:33:31	00061820388TRLO0	LSE
174	335.00	15:36:31	00061820599TRLO0	LSE
1784	335.00	15:36:31	00061820598TRLO0	LSE
2008	335.00	15:40:31	00061820809TRLO0	LSE
1159	334.50	15:42:05	00061820879TRLO0	LSE
799	334.50	15:42:05	00061820880TRLO0	LSE
584	334.00	15:42:28	00061820912TRLO0	LSE
1	334.00	15:42:28	00061820913TRLO0	LSE
469	334.00	15:42:31	00061820914TRLO0	LSE
582	334.00	15:42:35	00061820917TRLO0	LSE
20	334.00	15:42:55	00061820934TRLO0	LSE
12	334.00	15:43:08	00061820992TRLO0	LSE
13	334.00	15:43:08	00061820993TRLO0	LSE
1	334.00	15:51:08	00061821417TRLO0	LSE
496	334.00	15:57:36	00061821779TRLO0	LSE
191	334.00	15:58:58	00061821881TRLO0	LSE
1200	334.00	15:58:58	00061821880TRLO0	LSE
883	334.00	15:58:58	00061821879TRLO0	LSE
842	334.50	16:12:41	00061822854TRLO0	LSE
8	334.50	16:12:41	00061822853TRLO0	LSE
591	334.50	16:12:41	00061822852TRLO0	LSE
824	334.50	16:12:41	00061822851TRLO0	LSE
1639	334.50	16:12:41	00061822850TRLO0	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