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

23 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 22 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 :  57,319
Weighted average purchase price paid :  420.533 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 16,877,571 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 229,213,852 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 22 December 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
303 421.00  08:19:53 00062866829TRLO0 LSE
588 421.00  08:24:43 00062867021TRLO0 LSE
1502 420.00  08:29:51 00062867144TRLO0 LSE
712 421.00  08:43:31 00062867572TRLO0 LSE
263 421.00  08:43:31 00062867573TRLO0 LSE
23 421.50  08:43:58 00062867581TRLO0 LSE
314 421.50  08:43:58 00062867582TRLO0 LSE
314 421.50  08:43:58 00062867583TRLO0 LSE
607 421.50  08:43:58 00062867584TRLO0 LSE
1000 421.50  08:46:13 00062867656TRLO0 LSE
313 421.50  08:46:13 00062867657TRLO0 LSE
1473 423.50  08:50:52 00062867755TRLO0 LSE
1376 423.00  08:54:52 00062867854TRLO0 LSE
16 423.00  08:54:52 00062867855TRLO0 LSE
424 423.50  08:54:52 00062867856TRLO0 LSE
1013 423.50  08:54:52 00062867857TRLO0 LSE
1590 424.00  08:59:05 00062868017TRLO0 LSE
846 424.00  08:59:05 00062868019TRLO0 LSE
435 424.00  08:59:05 00062868022TRLO0 LSE
186 424.00  08:59:05 00062868025TRLO0 LSE
243 424.00  08:59:05 00062868027TRLO0 LSE
415 424.00  09:00:36 00062868140TRLO0 LSE
1048 424.00  09:00:36 00062868141TRLO0 LSE
2138 424.00  09:10:43 00062868578TRLO0 LSE
827 424.00  09:10:43 00062868579TRLO0 LSE
1480 422.00  09:35:20 00062869245TRLO0 LSE
1497 421.00  09:58:20 00062869775TRLO0 LSE
336 421.00  09:58:20 00062869776TRLO0 LSE
1499 420.50  10:19:35 00062870821TRLO0 LSE
1231 421.50  10:44:07 00062871491TRLO0 LSE
1255 421.00  11:04:35 00062872108TRLO0 LSE
1331 420.00  11:23:50 00062872738TRLO0 LSE
1459 419.50  12:09:53 00062874098TRLO0 LSE
414 419.50  12:09:53 00062874099TRLO0 LSE
409 419.50  12:09:53 00062874100TRLO0 LSE
976 419.50  12:26:30 00062874498TRLO0 LSE
50 419.50  12:26:30 00062874499TRLO0 LSE
400 419.50  12:26:30 00062874500TRLO0 LSE
1353 419.00  12:51:03 00062875012TRLO0 LSE
56 419.00  12:51:03 00062875013TRLO0 LSE
116 418.50  12:53:28 00062875092TRLO0 LSE
1000 418.50  12:58:28 00062875200TRLO0 LSE
217 418.50  12:58:28 00062875201TRLO0 LSE
708 418.50  13:46:21 00062876795TRLO0 LSE
207 418.50  13:46:21 00062876796TRLO0 LSE
345 418.50  13:46:21 00062876797TRLO0 LSE
1886 418.00  13:51:07 00062877176TRLO0 LSE
1000 418.50  14:25:09 00062878456TRLO0 LSE
271 418.50  14:25:09 00062878457TRLO0 LSE
92 418.50  14:25:09 00062878458TRLO0 LSE
1299 418.50  14:33:19 00062879101TRLO0 LSE
547 418.00  14:33:19 00062879102TRLO0 LSE
364 418.50  14:33:19 00062879103TRLO0 LSE
500 418.00  14:39:10 00062879511TRLO0 LSE
234 418.00  14:39:10 00062879512TRLO0 LSE
654 418.00  14:39:10 00062879513TRLO0 LSE
701 418.00  14:39:10 00062879514TRLO0 LSE
288 418.50  14:53:18 00062880244TRLO0 LSE
240 419.50  15:01:17 00062880805TRLO0 LSE
648 419.50  15:01:17 00062880806TRLO0 LSE
618 419.50  15:01:17 00062880807TRLO0 LSE
1277 418.50  15:02:04 00062880869TRLO0 LSE
1 418.50  15:02:04 00062880870TRLO0 LSE
6 419.50  15:06:55 00062881195TRLO0 LSE
862 419.50  15:06:55 00062881196TRLO0 LSE
576 420.00  15:10:59 00062881364TRLO0 LSE
100 420.00  15:10:59 00062881365TRLO0 LSE
746 420.00  15:10:59 00062881366TRLO0 LSE
1232 419.50  15:13:21 00062881538TRLO0 LSE
10 419.50  15:14:21 00062881620TRLO0 LSE
30 419.50  15:14:21 00062881621TRLO0 LSE
52 419.50  15:14:21 00062881622TRLO0 LSE
605 420.00  15:17:23 00062881841TRLO0 LSE
10 419.50  15:20:02 00062881912TRLO0 LSE
533 419.50  15:22:25 00062882003TRLO0 LSE
1 419.50  15:22:25 00062882004TRLO0 LSE
761 419.50  15:22:25 00062882005TRLO0 LSE
26 419.50  15:22:25 00062882006TRLO0 LSE
660 419.50  15:29:25 00062882352TRLO0 LSE
472 419.50  15:30:13 00062882403TRLO0 LSE
256 419.50  15:30:13 00062882404TRLO0 LSE
401 419.50  15:36:02 00062882756TRLO0 LSE
400 419.50  15:36:02 00062882757TRLO0 LSE
614 420.00  15:42:04 00062883348TRLO0 LSE
777 420.00  15:42:04 00062883349TRLO0 LSE
487 419.50  15:45:19 00062883582TRLO0 LSE
250 419.50  15:45:19 00062883583TRLO0 LSE
1201 419.50  15:45:19 00062883584TRLO0 LSE
4 419.50  15:55:10 00062884137TRLO0 LSE
65 419.00  16:02:16 00062884604TRLO0 LSE
313 419.00  16:02:16 00062884605TRLO0 LSE
157 419.00  16:02:16 00062884606TRLO0 LSE
598 419.00  16:02:16 00062884607TRLO0 LSE
177 418.50  16:11:01 00062884967TRLO0 LSE
9 417.00  16:20:41 00062885601TRLO0 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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