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

25 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 25 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	:  370.0844 pence per share
Highest purchase price paid	:  372 pence per share
Lowest purchase price paid	:  366.5 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 15,586,710 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 230,504,713 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 25 November 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
368	368.00	08:20:22	00062353348TRLO0	LSE
150	368.00	08:20:22	00062353349TRLO0	LSE
300	368.00	08:20:22	00062353350TRLO0	LSE
90	368.00	08:20:22	00062353351TRLO0	LSE
600	368.00	08:20:22	00062353352TRLO0	LSE
826	368.00	08:20:22	00062353353TRLO0	LSE
264	368.00	09:27:01	00062355242TRLO0	LSE
1765	368.00	09:27:01	00062355243TRLO0	LSE
2	367.50	09:43:03	00062355610TRLO0	LSE
2130	367.50	09:43:03	00062355611TRLO0	LSE
99	366.50	10:10:27	00062356361TRLO0	LSE
517	366.50	10:10:27	00062356362TRLO0	LSE
763	366.50	10:10:27	00062356363TRLO0	LSE
2998	369.00	14:07:43	00062363593TRLO0	LSE
644	370.00	14:28:00	00062364294TRLO0	LSE
82	370.00	14:28:00	00062364295TRLO0	LSE
2822	370.00	14:28:00	00062364296TRLO0	LSE
504	370.50	14:28:49	00062364351TRLO0	LSE
1169	370.50	14:28:49	00062364352TRLO0	LSE
517	370.50	14:28:49	00062364353TRLO0	LSE
1350	370.50	14:28:49	00062364354TRLO0	LSE
150	370.50	14:28:49	00062364355TRLO0	LSE
2137	370.50	14:28:49	00062364356TRLO0	LSE
9429	370.50	14:28:49	00062364357TRLO0	LSE
3000	370.50	14:28:49	00062364358TRLO0	LSE
3000	370.50	14:28:49	00062364359TRLO0	LSE
520	370.50	14:28:49	00062364360TRLO0	LSE
150	370.00	14:28:49	00062364361TRLO0	LSE
1791	370.00	14:28:49	00062364362TRLO0	LSE
10	369.50	14:35:47	00062365134TRLO0	LSE
6	369.50	14:35:47	00062365135TRLO0	LSE
3	369.50	14:38:27	00062365327TRLO0	LSE
14	369.50	14:38:28	00062365331TRLO0	LSE
8	369.50	14:38:51	00062365360TRLO0	LSE
14	369.50	14:39:27	00062365404TRLO0	LSE
150	370.00	15:04:29	00062367243TRLO0	LSE
300	370.00	15:04:29	00062367244TRLO0	LSE
498	370.00	15:04:29	00062367245TRLO0	LSE
2002	370.00	15:04:29	00062367246TRLO0	LSE
1969	369.50	15:29:02	00062368584TRLO0	LSE
557	370.50	15:55:02	00062369972TRLO0	LSE
25	370.50	15:55:02	00062369973TRLO0	LSE
28	370.50	15:55:02	00062369974TRLO0	LSE
750	370.00	15:55:02	00062369975TRLO0	LSE
300	370.00	15:55:02	00062369976TRLO0	LSE
150	370.00	15:55:02	00062369977TRLO0	LSE
343	370.00	15:55:02	00062369978TRLO0	LSE
150	370.00	15:55:02	00062369979TRLO0	LSE
150	370.00	15:55:02	00062369980TRLO0	LSE
22	370.00	15:55:02	00062369981TRLO0	LSE
24	370.00	15:56:13	00062370058TRLO0	LSE
803	370.50	15:59:19	00062370276TRLO0	LSE
2233	370.50	15:59:19	00062370277TRLO0	LSE
391	370.50	15:59:19	00062370278TRLO0	LSE
1350	370.50	15:59:19	00062370279TRLO0	LSE
150	370.50	15:59:19	00062370280TRLO0	LSE
522	370.50	15:59:19	00062370281TRLO0	LSE
300	370.50	15:59:19	00062370282TRLO0	LSE
150	370.50	15:59:19	00062370283TRLO0	LSE
364	370.50	15:59:19	00062370284TRLO0	LSE
326	370.50	15:59:19	00062370285TRLO0	LSE
71	370.50	15:59:19	00062370286TRLO0	LSE
222	370.50	15:59:19	00062370287TRLO0	LSE
1	371.00	16:01:07	00062370623TRLO0	LSE
43	371.00	16:01:07	00062370624TRLO0	LSE
267	371.00	16:01:07	00062370625TRLO0	LSE
479	371.50	16:03:37	00062370987TRLO0	LSE
79	371.50	16:03:37	00062370988TRLO0	LSE
446	371.50	16:03:37	00062370989TRLO0	LSE
328	371.50	16:07:17	00062371337TRLO0	LSE
39	371.50	16:07:17	00062371338TRLO0	LSE
808	371.50	16:07:17	00062371339TRLO0	LSE
589	371.50	16:10:03	00062371605TRLO0	LSE
1578	372.00	16:12:17	00062371824TRLO0	LSE
504	372.00	16:12:17	00062371825TRLO0	LSE
583	372.00	16:12:17	00062371826TRLO0	LSE
436	372.00	16:12:17	00062371827TRLO0	LSE
768	372.00	16:13:27	00062371970TRLO0	LSE
16	372.00	16:13:27	00062371971TRLO0	LSE
544	372.00	16:13:27	00062371972TRLO0	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