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

3 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 3 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	:  280,000
Weighted average purchase price paid	:  338.994 pence per share
Highest purchase price paid	:  342 pence per share
Lowest purchase price paid	:  336.5 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 14,176,710 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 231,914,713 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 3 November 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
493	338.00	08:09:43	00061921263TRLO0	LSE
680	339.00	08:26:33	00061922852TRLO0	LSE
1000	339.00	08:26:33	00061922853TRLO0	LSE
500	339.00	08:26:33	00061922854TRLO0	LSE
105	339.00	08:26:33	00061922855TRLO0	LSE
3186	338.50	08:34:26	00061923358TRLO0	LSE
28	341.00	09:09:13	00061925171TRLO0	LSE
2289	341.00	09:10:11	00061925219TRLO0	LSE
2317	340.50	09:16:13	00061925654TRLO0	LSE
204	340.00	09:28:23	00061926392TRLO0	LSE
63	340.00	09:28:23	00061926393TRLO0	LSE
34	340.00	09:29:23	00061926438TRLO0	LSE
2016	340.00	09:29:23	00061926439TRLO0	LSE
2019	339.00	09:47:02	00061927165TRLO0	LSE
200000	339.00	09:49:32	00061927214TRLO0	LSE
12	338.50	09:53:30	00061927346TRLO0	LSE
638	338.50	09:53:30	00061927347TRLO0	LSE
590	338.50	09:53:30	00061927348TRLO0	LSE
171	338.50	09:53:30	00061927349TRLO0	LSE
988	338.50	09:53:30	00061927350TRLO0	LSE
1984	338.00	10:27:46	00061928481TRLO0	LSE
2	337.50	10:49:17	00061929383TRLO0	LSE
411	337.50	10:50:05	00061929409TRLO0	LSE
2120	337.50	10:50:05	00061929410TRLO0	LSE
268	340.00	11:13:17	00061930428TRLO0	LSE
250	340.00	11:13:17	00061930429TRLO0	LSE
1758	340.00	11:13:17	00061930430TRLO0	LSE
1500	340.50	11:16:43	00061930508TRLO0	LSE
500	340.50	11:16:43	00061930509TRLO0	LSE
357	340.50	11:16:43	00061930510TRLO0	LSE
446	340.50	11:23:51	00061930739TRLO0	LSE
500	340.50	11:23:51	00061930740TRLO0	LSE
562	340.50	11:23:51	00061930741TRLO0	LSE
500	340.50	11:23:51	00061930742TRLO0	LSE
90	340.50	11:23:51	00061930743TRLO0	LSE
2326	340.00	11:34:04	00061931050TRLO0	LSE
661	339.50	12:00:00	00061932012TRLO0	LSE
58	339.50	12:00:00	00061932013TRLO0	LSE
1000	339.50	12:00:00	00061932014TRLO0	LSE
415	339.50	12:00:00	00061932015TRLO0	LSE
610	340.00	12:11:48	00061933007TRLO0	LSE
1434	340.00	12:11:48	00061933008TRLO0	LSE
124	338.00	12:36:14	00061934271TRLO0	LSE
2264	338.00	12:36:14	00061934273TRLO0	LSE
2127	337.50	13:51:40	00061938842TRLO0	LSE
802	337.50	13:51:40	00061938843TRLO0	LSE
1639	337.50	13:51:40	00061938844TRLO0	LSE
1146	337.00	14:01:03	00061939903TRLO0	LSE
1703	337.00	14:01:03	00061939904TRLO0	LSE
87	336.50	14:01:06	00061939934TRLO0	LSE
95	336.50	14:02:51	00061940254TRLO0	LSE
57	336.50	14:02:51	00061940255TRLO0	LSE
492	336.50	14:05:45	00061940722TRLO0	LSE
1539	336.50	14:05:45	00061940723TRLO0	LSE
905	336.50	14:05:45	00061940724TRLO0	LSE
1139	336.50	14:05:45	00061940725TRLO0	LSE
339	336.50	14:20:02	00061941737TRLO0	LSE
71	336.50	14:20:02	00061941738TRLO0	LSE
2211	337.00	14:46:20	00061943414TRLO0	LSE
2	337.00	14:58:20	00061945051TRLO0	LSE
2039	337.00	14:58:20	00061945052TRLO0	LSE
2	337.00	15:07:20	00061946095TRLO0	LSE
2	337.00	15:07:20	00061946096TRLO0	LSE
2	337.00	15:07:20	00061946097TRLO0	LSE
2071	338.00	15:16:34	00061947354TRLO0	LSE
2264	338.00	15:16:34	00061947355TRLO0	LSE
10	338.00	15:16:34	00061947356TRLO0	LSE
1137	339.00	15:25:30	00061948087TRLO0	LSE
2651	339.00	15:25:30	00061948088TRLO0	LSE
1292	339.00	15:25:30	00061948089TRLO0	LSE
422	339.00	15:25:30	00061948090TRLO0	LSE
489	339.00	15:25:30	00061948091TRLO0	LSE
2301	339.00	15:25:30	00061948092TRLO0	LSE
528	339.00	15:25:30	00061948096TRLO0	LSE
1873	339.50	15:40:26	00061949388TRLO0	LSE
2327	339.50	15:40:26	00061949389TRLO0	LSE
408	339.50	15:40:26	00061949390TRLO0	LSE
895	341.00	16:07:52	00061952334TRLO0	LSE
2966	341.00	16:14:42	00061953103TRLO0	LSE
1034	341.00	16:14:42	00061953104TRLO0	LSE
302	341.00	16:15:07	00061953149TRLO0	LSE
3158	342.00	16:21:10	00061953945TRLO0	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