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

28 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 28 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 :  75,000
Weighted average purchase price paid :  370.9679 pence per share
Highest purchase price paid :  374.5 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 15,661,710 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 230,429,713 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 28 November 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
197 369.50  08:36:41 00062377375TRLO0 LSE
348 369.50  08:36:41 00062377374TRLO0 LSE
300 369.50  08:36:41 00062377373TRLO0 LSE
211 369.50  08:36:41 00062377372TRLO0 LSE
150 369.50  08:36:41 00062377371TRLO0 LSE
600 369.50  08:36:41 00062377370TRLO0 LSE
150 369.50  08:36:41 00062377369TRLO0 LSE
440 369.00  08:40:42 00062377557TRLO0 LSE
900 369.00  08:40:42 00062377556TRLO0 LSE
604 369.00  08:40:42 00062377555TRLO0 LSE
607 369.00  08:49:29 00062377891TRLO0 LSE
920 369.00  08:49:29 00062377890TRLO0 LSE
382 369.00  08:49:29 00062377889TRLO0 LSE
198 368.50  09:03:47 00062378644TRLO0 LSE
229 368.50  09:03:47 00062378645TRLO0 LSE
340 368.50  09:09:34 00062379029TRLO0 LSE
29 368.50  09:09:34 00062379028TRLO0 LSE
230 368.50  09:23:48 00062379599TRLO0 LSE
229 368.50  09:29:32 00062380002TRLO0 LSE
1836 368.50  09:29:32 00062380004TRLO0 LSE
599 368.50  09:29:32 00062380003TRLO0 LSE
400 368.00  09:33:51 00062380173TRLO0 LSE
1485 368.00  09:33:51 00062380174TRLO0 LSE
66 368.00  09:48:44 00062380899TRLO0 LSE
505 368.00  09:48:44 00062380898TRLO0 LSE
78 368.00  09:48:44 00062380897TRLO0 LSE
1371 368.00  09:48:44 00062380896TRLO0 LSE
1158 368.50  10:09:10 00062381695TRLO0 LSE
454 368.50  10:09:10 00062381694TRLO0 LSE
200 368.50  10:09:10 00062381693TRLO0 LSE
236 368.50  11:20:24 00062384291TRLO0 LSE
232 368.50  11:20:24 00062384290TRLO0 LSE
113 368.50  11:38:37 00062384819TRLO0 LSE
400 368.00  12:10:31 00062385612TRLO0 LSE
179 369.00  12:24:04 00062385865TRLO0 LSE
190 369.00  12:32:30 00062386083TRLO0 LSE
1558 369.00  12:32:30 00062386082TRLO0 LSE
1204 369.00  12:32:30 00062386081TRLO0 LSE
442 369.00  12:32:30 00062386080TRLO0 LSE
742 369.00  12:35:54 00062386169TRLO0 LSE
1363 368.50  13:07:54 00062387126TRLO0 LSE
358 368.50  13:07:54 00062387121TRLO0 LSE
1572 369.00  13:07:54 00062387125TRLO0 LSE
19 369.00  13:07:54 00062387124TRLO0 LSE
422 369.00  13:07:54 00062387123TRLO0 LSE
104 369.00  13:07:54 00062387122TRLO0 LSE
894 369.50  13:59:50 00062389430TRLO0 LSE
679 369.50  13:59:50 00062389429TRLO0 LSE
329 369.50  13:59:51 00062389434TRLO0 LSE
230 369.50  13:59:51 00062389433TRLO0 LSE
1875 370.00  14:02:28 00062389552TRLO0 LSE
822 370.00  14:07:28 00062389678TRLO0 LSE
769 370.00  14:07:28 00062389677TRLO0 LSE
450 370.00  14:07:28 00062389676TRLO0 LSE
166 370.50  14:28:28 00062390279TRLO0 LSE
750 370.50  14:28:28 00062390278TRLO0 LSE
139 370.50  14:28:28 00062390281TRLO0 LSE
629 370.50  14:28:28 00062390280TRLO0 LSE
143 370.50  14:28:28 00062390283TRLO0 LSE
646 370.50  14:28:28 00062390282TRLO0 LSE
143 370.50  14:28:28 00062390285TRLO0 LSE
646 370.50  14:28:28 00062390284TRLO0 LSE
143 370.50  14:28:28 00062390287TRLO0 LSE
646 370.50  14:28:28 00062390286TRLO0 LSE
115 370.50  14:28:28 00062390289TRLO0 LSE
517 370.50  14:28:28 00062390288TRLO0 LSE
115 370.50  14:28:28 00062390291TRLO0 LSE
517 370.50  14:28:28 00062390290TRLO0 LSE
166 370.50  14:28:28 00062390293TRLO0 LSE
750 370.50  14:28:28 00062390292TRLO0 LSE
166 370.50  14:28:28 00062390295TRLO0 LSE
149 370.50  14:28:28 00062390294TRLO0 LSE
144 370.50  14:28:28 00062390297TRLO0 LSE
648 370.50  14:28:28 00062390296TRLO0 LSE
144 370.50  14:28:34 00062390298TRLO0 LSE
139 370.50  14:29:40 00062390317TRLO0 LSE
42 370.50  14:29:40 00062390316TRLO0 LSE
139 370.50  14:29:40 00062390319TRLO0 LSE
629 370.50  14:29:40 00062390318TRLO0 LSE
139 370.50  14:29:40 00062390321TRLO0 LSE
629 370.50  14:29:40 00062390320TRLO0 LSE
370 370.00  14:41:40 00062391720TRLO0 LSE
57 370.00  14:41:40 00062391717TRLO0 LSE
467 370.00  14:41:40 00062391716TRLO0 LSE
275 370.00  14:41:40 00062391715TRLO0 LSE
574 370.00  14:41:40 00062391714TRLO0 LSE
2007 370.00  14:41:40 00062391724TRLO0 LSE
54 370.00  14:41:40 00062391723TRLO0 LSE
126 370.00  14:41:40 00062391721TRLO0 LSE
238 370.50  14:48:34 00062392102TRLO0 LSE
90 370.50  14:48:34 00062392104TRLO0 LSE
408 370.50  14:48:34 00062392103TRLO0 LSE
722 370.50  14:54:24 00062392511TRLO0 LSE
62 370.50  14:54:24 00062392510TRLO0 LSE
280 370.50  14:54:24 00062392509TRLO0 LSE
469 370.50  14:59:24 00062392711TRLO0 LSE
112 370.50  14:59:24 00062392710TRLO0 LSE
506 370.50  14:59:24 00062392709TRLO0 LSE
104 370.50  14:59:34 00062392718TRLO0 LSE
468 370.50  14:59:34 00062392717TRLO0 LSE
481 370.50  14:59:34 00062392719TRLO0 LSE
481 370.50  14:59:34 00062392720TRLO0 LSE
481 370.50  14:59:34 00062392721TRLO0 LSE
481 370.50  14:59:34 00062392722TRLO0 LSE
481 370.50  14:59:34 00062392723TRLO0 LSE
569 372.00  15:29:48 00062394324TRLO0 LSE
753 372.00  15:29:48 00062394323TRLO0 LSE
3360 374.50  15:29:50 00062394327TRLO0 LSE
293 374.50  15:29:50 00062394326TRLO0 LSE
900 374.50  15:29:50 00062394325TRLO0 LSE
550 374.50  15:29:50 00062394331TRLO0 LSE
745 374.50  15:29:50 00062394330TRLO0 LSE
585 374.50  15:29:50 00062394329TRLO0 LSE
166 374.50  15:29:50 00062394328TRLO0 LSE
646 374.50  15:29:50 00062394336TRLO0 LSE
150 374.50  15:29:50 00062394335TRLO0 LSE
150 374.50  15:29:50 00062394334TRLO0 LSE
150 374.50  15:29:50 00062394333TRLO0 LSE
150 374.50  15:29:50 00062394332TRLO0 LSE
94 374.00  15:31:10 00062394428TRLO0 LSE
306 374.00  15:40:07 00062394749TRLO0 LSE
600 374.00  15:40:07 00062394748TRLO0 LSE
600 374.00  15:40:07 00062394747TRLO0 LSE
1 374.00  15:40:07 00062394746TRLO0 LSE
207 374.00  15:40:07 00062394745TRLO0 LSE
45 374.00  15:40:07 00062394744TRLO0 LSE
393 374.00  15:40:07 00062394743TRLO0 LSE
150 374.00  15:40:07 00062394742TRLO0 LSE
600 374.00  15:40:07 00062394741TRLO0 LSE
450 374.00  15:40:07 00062394740TRLO0 LSE
150 374.00  15:40:07 00062394739TRLO0 LSE
442 374.00  15:40:07 00062394738TRLO0 LSE
158 374.00  15:40:07 00062394737TRLO0 LSE
300 374.00  15:40:07 00062394736TRLO0 LSE
150 374.00  15:40:07 00062394735TRLO0 LSE
1444 374.00  15:40:07 00062394734TRLO0 LSE
356 374.00  15:40:07 00062394733TRLO0 LSE
150 374.00  15:40:07 00062394732TRLO0 LSE
1099 374.00  15:40:07 00062394731TRLO0 LSE
429 374.00  15:40:07 00062394751TRLO0 LSE
417 374.00  15:40:07 00062394750TRLO0 LSE
427 374.00  15:40:07 00062394753TRLO0 LSE
626 374.00  15:40:07 00062394752TRLO0 LSE
1058 374.00  15:40:07 00062394756TRLO0 LSE
427 374.00  15:40:07 00062394755TRLO0 LSE
626 374.00  15:40:07 00062394754TRLO0 LSE
693 373.00  15:48:44 00062395094TRLO0 LSE
673 373.00  15:49:04 00062395118TRLO0 LSE
682 373.00  15:49:14 00062395126TRLO0 LSE
418 373.00  15:49:14 00062395125TRLO0 LSE
1995 372.50  15:52:56 00062395325TRLO0 LSE
7 372.50  15:52:56 00062395326TRLO0 LSE
57 372.00  15:58:21 00062395562TRLO0 LSE
57 372.00  16:08:27 00062395972TRLO0 LSE
36 372.00  16:12:19 00062396248TRLO0 LSE
60 372.00  16:12:19 00062396247TRLO0 LSE
25 372.00  16:12:19 00062396246TRLO0 LSE
34 372.00  16:12:19 00062396245TRLO0 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    +44 (0) 207 466 5000

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

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