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

2 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 2 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	:  340.9451 pence per share
Highest purchase price paid	:  346.5 pence per share
Lowest purchase price paid	:  335.5 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 13,896,710 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 232,194,713 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 2 November 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1184	338.00	08:12:39	00061899912TRLO0	LSE
1028	338.00	08:12:39	00061899911TRLO0	LSE
1823	338.00	08:30:40	00061900694TRLO0	LSE
529	338.00	08:30:40	00061900695TRLO0	LSE
1919	336.50	09:13:17	00061902262TRLO0	LSE
714	335.50	09:22:12	00061902576TRLO0	LSE
175	335.50	09:22:12	00061902577TRLO0	LSE
514	335.50	09:22:12	00061902578TRLO0	LSE
858	335.50	09:22:12	00061902579TRLO0	LSE
1745	336.00	09:22:12	00061902580TRLO0	LSE
493	336.00	09:22:12	00061902581TRLO0	LSE
2047	336.00	09:22:14	00061902582TRLO0	LSE
550	338.00	09:24:11	00061902626TRLO0	LSE
732	338.00	09:24:11	00061902627TRLO0	LSE
284	338.00	09:24:11	00061902628TRLO0	LSE
500	338.00	09:29:41	00061902799TRLO0	LSE
1562	338.00	09:29:41	00061902800TRLO0	LSE
905	338.00	09:53:20	00061903289TRLO0	LSE
500	338.00	09:53:20	00061903290TRLO0	LSE
705	338.00	09:53:20	00061903291TRLO0	LSE
1991	337.50	10:09:12	00061903641TRLO0	LSE
408	337.50	10:37:12	00061904337TRLO0	LSE
1564	337.50	10:37:12	00061904338TRLO0	LSE
2335	338.50	11:13:47	00061905270TRLO0	LSE
224	338.00	11:20:03	00061905410TRLO0	LSE
626	338.00	11:20:03	00061905411TRLO0	LSE
500	338.00	11:20:03	00061905412TRLO0	LSE
1915	341.50	11:48:51	00061906349TRLO0	LSE
320	341.50	11:48:51	00061906350TRLO0	LSE
500	341.00	11:50:03	00061906377TRLO0	LSE
1000	341.00	11:50:03	00061906378TRLO0	LSE
198	341.00	11:50:03	00061906379TRLO0	LSE
500	341.00	11:50:03	00061906380TRLO0	LSE
770	340.50	11:52:45	00061906557TRLO0	LSE
985	340.50	11:52:45	00061906558TRLO0	LSE
464	340.50	11:52:45	00061906559TRLO0	LSE
2447	342.00	12:01:11	00061906753TRLO0	LSE
2179	342.50	12:42:16	00061908108TRLO0	LSE
2271	343.50	13:26:03	00061909084TRLO0	LSE
1000	343.50	13:29:03	00061909192TRLO0	LSE
500	343.50	13:29:03	00061909193TRLO0	LSE
832	343.50	13:29:03	00061909194TRLO0	LSE
394	344.50	14:05:04	00061911173TRLO0	LSE
853	344.50	14:05:04	00061911174TRLO0	LSE
236	344.50	14:05:04	00061911175TRLO0	LSE
53	344.50	14:05:04	00061911176TRLO0	LSE
74	344.50	14:05:04	00061911177TRLO0	LSE
1956	346.50	14:15:36	00061911848TRLO0	LSE
1500	345.50	14:15:55	00061911865TRLO0	LSE
781	345.50	14:15:55	00061911866TRLO0	LSE
2056	345.00	14:18:52	00061911996TRLO0	LSE
1441	344.50	14:29:01	00061912351TRLO0	LSE
810	344.50	14:29:01	00061912352TRLO0	LSE
1401	344.00	14:52:12	00061913716TRLO0	LSE
876	344.00	14:52:12	00061913717TRLO0	LSE
326	344.00	15:10:04	00061914896TRLO0	LSE
1017	344.00	15:10:04	00061914897TRLO0	LSE
826	344.00	15:10:04	00061914898TRLO0	LSE
179	344.00	15:10:04	00061914899TRLO0	LSE
434	343.50	15:30:02	00061916086TRLO0	LSE
500	343.50	15:30:02	00061916087TRLO0	LSE
500	343.50	15:30:02	00061916088TRLO0	LSE
500	343.50	15:30:02	00061916089TRLO0	LSE
91	343.50	15:30:02	00061916090TRLO0	LSE
525	343.50	15:54:06	00061917220TRLO0	LSE
535	344.00	15:55:00	00061917251TRLO0	LSE
452	344.00	15:55:00	00061917252TRLO0	LSE
127	344.00	15:55:00	00061917253TRLO0	LSE
424	344.00	15:55:00	00061917254TRLO0	LSE
206	344.00	15:57:40	00061917501TRLO0	LSE
970	344.00	15:57:40	00061917502TRLO0	LSE
251	343.00	16:07:42	00061918233TRLO0	LSE
1000	343.00	16:07:42	00061918234TRLO0	LSE
86	343.00	16:07:42	00061918235TRLO0	LSE
356	342.50	16:10:01	00061918332TRLO0	LSE
17	342.50	16:14:56	00061918533TRLO0	LSE
295	342.50	16:14:56	00061918534TRLO0	LSE
292	342.50	16:14:59	00061918536TRLO0	LSE
364	342.50	16:15:30	00061918605TRLO0	LSE
10000	341.00	16:35:03	00061919704TRLO0	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