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 20 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	:  364,467
Weighted average purchase price paid	:  413.5241 pence per share
Highest purchase price paid	:  415.5 pence per share
Lowest purchase price paid	:  411.5 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 16,740,252 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 229,351,171 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 20 December 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
215	415.00	09:03:33	00062815463TRLO0	LSE
1285	415.00	09:03:33	00062815462TRLO0	LSE
811	415.00	09:03:33	00062815461TRLO0	LSE
610	415.00	09:03:33	00062815460TRLO0	LSE
681	414.50	09:05:21	00062815608TRLO0	LSE
709	414.50	10:20:03	00062819936TRLO0	LSE
1452	414.50	10:20:03	00062819937TRLO0	LSE
56	415.00	10:20:03	00062819938TRLO0	LSE
398	415.00	10:20:03	00062819939TRLO0	LSE
250	415.00	10:20:03	00062819940TRLO0	LSE
595	415.00	10:20:21	00062819958TRLO0	LSE
89	415.00	10:20:21	00062819959TRLO0	LSE
614	414.00	11:10:38	00062823436TRLO0	LSE
1330	414.00	11:10:42	00062823438TRLO0	LSE
863	414.00	11:10:42	00062823439TRLO0	LSE
283	414.00	11:10:42	00062823440TRLO0	LSE
724	414.00	11:10:51	00062823447TRLO0	LSE
283	414.00	11:10:51	00062823448TRLO0	LSE
81	414.00	11:10:51	00062823449TRLO0	LSE
518	413.00	11:40:21	00062824663TRLO0	LSE
50	413.00	11:40:21	00062824664TRLO0	LSE
760	413.00	11:40:21	00062824665TRLO0	LSE
274	413.00	11:40:21	00062824666TRLO0	LSE
910	413.00	12:00:01	00062825294TRLO0	LSE
391	412.00	12:01:21	00062825387TRLO0	LSE
978	412.00	12:01:21	00062825388TRLO0	LSE
619	412.00	12:02:29	00062825418TRLO0	LSE
400	412.00	12:02:29	00062825419TRLO0	LSE
39	411.50	12:03:44	00062825480TRLO0	LSE
79	411.50	12:03:44	00062825481TRLO0	LSE
554	411.50	12:06:01	00062825573TRLO0	LSE
1647	413.00	13:08:07	00062827829TRLO0	LSE
862	413.00	13:08:07	00062827830TRLO0	LSE
95	413.00	13:19:37	00062828403TRLO0	LSE
500	413.50	13:31:04	00062828935TRLO0	LSE
1500	413.50	13:31:04	00062828936TRLO0	LSE
181	413.50	13:31:04	00062828937TRLO0	LSE
76	413.50	13:31:04	00062828938TRLO0	LSE
472	413.50	13:31:04	00062828939TRLO0	LSE
472	413.50	13:31:04	00062828940TRLO0	LSE
487	413.50	13:31:51	00062828983TRLO0	LSE
487	413.50	13:31:51	00062828984TRLO0	LSE
615	413.50	13:31:51	00062828985TRLO0	LSE
1002	413.50	13:31:51	00062828986TRLO0	LSE
334	413.50	13:31:51	00062828987TRLO0	LSE
86	413.50	13:34:31	00062829126TRLO0	LSE
32	413.50	13:34:31	00062829127TRLO0	LSE
887	413.50	13:34:31	00062829128TRLO0	LSE
311	413.50	13:34:31	00062829129TRLO0	LSE
150	413.50	13:34:31	00062829130TRLO0	LSE
334934	413.50	14:00:44	00062830200TRLO0	LSE
1414	415.50	14:02:13	00062830232TRLO0	LSE
81	415.50	14:02:21	00062830235TRLO0	LSE
73	415.50	14:02:21	00062830236TRLO0	LSE
868	415.50	14:30:13	00062831379TRLO0	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