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

5 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 5 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 :  134,906
Weighted average purchase price paid :  305.8697 pence per share
Highest purchase price paid :  309 pence per share
Lowest purchase price paid :  303.5 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 11,849,625 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 234,241,798 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 5 October 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
93 309.00  08:17:32 00061402126TRLO0 LSE
288 309.00  08:17:32 00061402127TRLO0 LSE
23 309.00  08:17:32 00061402128TRLO0 LSE
154 306.00  08:17:32 00061402129TRLO0 LSE
174 306.00  08:17:32 00061402130TRLO0 LSE
2183 306.00  08:17:32 00061402131TRLO0 LSE
705 305.50  08:17:34 00061402133TRLO0 LSE
925 305.50  08:17:34 00061402134TRLO0 LSE
600 304.00  08:19:32 00061402170TRLO0 LSE
1113 304.00  08:19:32 00061402171TRLO0 LSE
79 305.00  08:45:22 00061403042TRLO0 LSE
174 305.00  08:45:22 00061403043TRLO0 LSE
441 305.00  08:45:22 00061403044TRLO0 LSE
360 305.00  08:45:22 00061403045TRLO0 LSE
1800 304.00  08:58:22 00061403565TRLO0 LSE
189 304.00  08:58:22 00061403566TRLO0 LSE
170 303.50  08:59:35 00061403619TRLO0 LSE
600 303.50  08:59:35 00061403620TRLO0 LSE
455 303.50  08:59:35 00061403621TRLO0 LSE
717 303.50  08:59:35 00061403622TRLO0 LSE
382 304.50  09:16:13 00061404348TRLO0 LSE
644 304.50  09:16:13 00061404349TRLO0 LSE
363 304.50  09:18:38 00061404445TRLO0 LSE
331 304.50  09:18:42 00061404456TRLO0 LSE
1665 304.00  09:21:42 00061404673TRLO0 LSE
331 304.50  09:21:42 00061404674TRLO0 LSE
644 304.50  09:21:42 00061404675TRLO0 LSE
349 303.50  09:27:25 00061404916TRLO0 LSE
1200 303.50  09:27:25 00061404917TRLO0 LSE
174 303.50  09:27:25 00061404918TRLO0 LSE
1327 304.50  09:30:49 00061405028TRLO0 LSE
554 304.50  09:30:49 00061405029TRLO0 LSE
1881 304.50  09:30:49 00061405030TRLO0 LSE
1757 304.00  09:42:24 00061405434TRLO0 LSE
470 304.00  09:42:24 00061405438TRLO0 LSE
137 304.50  10:10:08 00061406089TRLO0 LSE
600 305.00  10:18:19 00061406405TRLO0 LSE
258 305.00  10:18:19 00061406406TRLO0 LSE
600 305.00  10:18:19 00061406407TRLO0 LSE
560 305.00  10:18:19 00061406408TRLO0 LSE
530 305.00  10:18:19 00061406409TRLO0 LSE
644 305.00  10:18:19 00061406410TRLO0 LSE
174 305.00  10:18:19 00061406411TRLO0 LSE
441 305.00  10:18:19 00061406412TRLO0 LSE
753 305.00  10:18:19 00061406413TRLO0 LSE
700 305.00  10:34:33 00061406831TRLO0 LSE
1200 305.00  10:34:33 00061406832TRLO0 LSE
94 305.00  10:34:33 00061406833TRLO0 LSE
1766 305.00  10:41:01 00061406965TRLO0 LSE
1028 305.00  10:51:13 00061407382TRLO0 LSE
500 305.00  10:51:13 00061407383TRLO0 LSE
335 305.00  10:51:13 00061407384TRLO0 LSE
500 305.00  10:51:13 00061407385TRLO0 LSE
261 305.00  10:51:13 00061407386TRLO0 LSE
977 305.00  10:51:13 00061407387TRLO0 LSE
1748 305.00  11:09:03 00061408110TRLO0 LSE
38 305.50  11:28:40 00061408864TRLO0 LSE
1601 306.00  11:36:09 00061409194TRLO0 LSE
219 306.00  11:36:09 00061409195TRLO0 LSE
120 306.00  11:36:09 00061409196TRLO0 LSE
600 306.00  11:36:09 00061409197TRLO0 LSE
1223 306.00  11:36:09 00061409198TRLO0 LSE
1339 306.50  11:59:03 00061409775TRLO0 LSE
2098 306.50  11:59:03 00061409776TRLO0 LSE
1 306.50  11:59:10 00061409786TRLO0 LSE
728 306.50  11:59:37 00061409815TRLO0 LSE
1100 306.50  11:59:37 00061409816TRLO0 LSE
645 306.50  12:00:42 00061409837TRLO0 LSE
1272 306.50  12:00:42 00061409838TRLO0 LSE
731 306.50  12:09:42 00061410174TRLO0 LSE
333 306.50  12:09:42 00061410175TRLO0 LSE
778 306.50  12:09:42 00061410176TRLO0 LSE
1250 306.00  12:21:14 00061410482TRLO0 LSE
474 306.00  12:21:14 00061410483TRLO0 LSE
409 306.50  13:17:02 00061412083TRLO0 LSE
1332 306.50  13:17:02 00061412084TRLO0 LSE
169 306.50  13:17:13 00061412103TRLO0 LSE
1232 306.50  13:17:13 00061412104TRLO0 LSE
947 306.50  13:17:23 00061412107TRLO0 LSE
441 306.50  13:17:23 00061412108TRLO0 LSE
551 306.50  13:17:43 00061412114TRLO0 LSE
441 306.50  13:17:43 00061412115TRLO0 LSE
15 306.00  13:21:07 00061412250TRLO0 LSE
441 306.00  13:21:07 00061412251TRLO0 LSE
755 306.00  13:25:19 00061412379TRLO0 LSE
441 306.00  13:25:19 00061412380TRLO0 LSE
508 306.00  13:25:20 00061412381TRLO0 LSE
483 306.00  13:38:53 00061412894TRLO0 LSE
1390 306.00  13:38:53 00061412895TRLO0 LSE
1667 306.00  13:39:48 00061412935TRLO0 LSE
331 306.00  13:44:11 00061413142TRLO0 LSE
600 306.00  13:50:53 00061413333TRLO0 LSE
649 306.00  13:52:14 00061413406TRLO0 LSE
534 306.00  14:01:28 00061413796TRLO0 LSE
209 306.00  14:07:03 00061414069TRLO0 LSE
250 306.00  14:07:03 00061414070TRLO0 LSE
1000 306.00  14:07:03 00061414071TRLO0 LSE
723 306.00  14:07:05 00061414077TRLO0 LSE
263 306.00  14:09:54 00061414168TRLO0 LSE
311 306.00  14:09:54 00061414169TRLO0 LSE
752 306.00  14:09:54 00061414170TRLO0 LSE
345 306.00  14:09:54 00061414171TRLO0 LSE
211 305.50  14:22:24 00061414666TRLO0 LSE
772 305.50  14:28:15 00061414864TRLO0 LSE
56 306.00  14:31:23 00061415045TRLO0 LSE
2400 306.00  14:31:34 00061415067TRLO0 LSE
4800 306.00  14:31:34 00061415068TRLO0 LSE
585 306.00  14:31:34 00061415069TRLO0 LSE
192 306.00  14:37:51 00061415544TRLO0 LSE
575 306.00  14:37:51 00061415545TRLO0 LSE
600 306.00  14:37:51 00061415546TRLO0 LSE
497 306.00  14:37:51 00061415547TRLO0 LSE
78 306.00  14:37:51 00061415548TRLO0 LSE
575 306.00  14:37:51 00061415549TRLO0 LSE
985 306.00  14:37:51 00061415550TRLO0 LSE
281 306.00  14:37:54 00061415553TRLO0 LSE
31 306.00  14:37:54 00061415554TRLO0 LSE
1823 306.00  14:38:12 00061415557TRLO0 LSE
72 306.00  14:38:12 00061415558TRLO0 LSE
1196 306.00  14:40:12 00061415642TRLO0 LSE
36 306.00  14:40:12 00061415643TRLO0 LSE
524 306.00  14:40:12 00061415644TRLO0 LSE
1832 306.00  14:50:15 00061416443TRLO0 LSE
1257 306.00  14:52:15 00061416576TRLO0 LSE
522 306.00  14:52:15 00061416577TRLO0 LSE
190 306.00  14:52:15 00061416578TRLO0 LSE
66 305.50  15:02:52 00061417459TRLO0 LSE
600 305.50  15:02:52 00061417460TRLO0 LSE
1159 305.50  15:02:52 00061417461TRLO0 LSE
1180 305.50  15:02:52 00061417476TRLO0 LSE
331 306.00  15:06:06 00061417921TRLO0 LSE
1334 306.00  15:06:06 00061417922TRLO0 LSE
331 306.00  15:23:21 00061419483TRLO0 LSE
1180 306.00  15:23:21 00061419484TRLO0 LSE
343 306.00  15:32:03 00061420082TRLO0 LSE
45 306.00  15:32:03 00061420083TRLO0 LSE
441 306.00  15:32:09 00061420087TRLO0 LSE
331 306.00  15:32:13 00061420095TRLO0 LSE
441 306.00  15:32:16 00061420119TRLO0 LSE
441 306.00  15:32:19 00061420120TRLO0 LSE
441 306.00  15:32:22 00061420141TRLO0 LSE
837 306.00  15:32:23 00061420142TRLO0 LSE
441 306.00  15:32:25 00061420147TRLO0 LSE
24 306.00  15:37:03 00061420554TRLO0 LSE
41 306.00  15:37:03 00061420555TRLO0 LSE
676 306.00  15:37:03 00061420556TRLO0 LSE
1139 306.00  15:37:03 00061420557TRLO0 LSE
1451 306.00  15:37:03 00061420558TRLO0 LSE
91 306.00  15:37:03 00061420559TRLO0 LSE
818 306.00  15:54:56 00061421945TRLO0 LSE
441 306.00  15:54:56 00061421946TRLO0 LSE
63 306.00  15:54:56 00061421947TRLO0 LSE
1268 306.00  15:54:57 00061421948TRLO0 LSE
36 306.00  15:55:57 00061422075TRLO0 LSE
172 306.00  15:55:57 00061422076TRLO0 LSE
1224 306.00  15:55:57 00061422077TRLO0 LSE
441 306.00  15:55:57 00061422078TRLO0 LSE
144 306.00  15:55:57 00061422079TRLO0 LSE
331 306.00  16:03:41 00061422734TRLO0 LSE
273 306.00  16:03:44 00061422740TRLO0 LSE
183 306.00  16:03:49 00061422745TRLO0 LSE
1215 306.00  16:03:49 00061422746TRLO0 LSE
170 306.00  16:03:49 00061422748TRLO0 LSE
90 306.00  16:14:34 00061423429TRLO0 LSE
391 307.00  16:18:59 00061423880TRLO0 LSE
1206 307.00  16:19:28 00061423942TRLO0 LSE
2400 307.00  16:19:28 00061423943TRLO0 LSE
600 307.00  16:19:28 00061423944TRLO0 LSE
1151 307.00  16:19:28 00061423945TRLO0 LSE
3486 307.00  16:19:28 00061423946TRLO0 LSE
600 307.00  16:19:28 00061423947TRLO0 LSE
600 307.00  16:19:28 00061423948TRLO0 LSE
288 307.00  16:19:28 00061423949TRLO0 LSE
288 307.00  16:19:32 00061423956TRLO0 LSE
1115 307.00  16:20:05 00061424054TRLO0 LSE
5698 307.00  16:20:05 00061424055TRLO0 LSE
600 307.00  16:20:05 00061424056TRLO0 LSE
305 307.00  16:20:05 00061424057TRLO0 LSE
340 307.00  16:20:19 00061424090TRLO0 LSE
1168 307.00  16:20:19 00061424091TRLO0 LSE
457 307.00  16:20:19 00061424092TRLO0 LSE
431 307.00  16:20:45 00061424209TRLO0 LSE
169 307.00  16:20:45 00061424210TRLO0 LSE
581 307.00  16:21:05 00061424240TRLO0 LSE
122 307.00  16:21:05 00061424241TRLO0 LSE
417 307.00  16:21:05 00061424242TRLO0 LSE
288 307.00  16:21:12 00061424253TRLO0 LSE
600 307.00  16:21:12 00061424254TRLO0 LSE
418 307.00  16:21:12 00061424255TRLO0 LSE
182 307.00  16:21:12 00061424256TRLO0 LSE
1822 307.00  16:21:15 00061424287TRLO0 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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