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

7 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 7 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	:  100,000
Weighted average purchase price paid	:  309.6482 pence per share
Highest purchase price paid	:  314.5 pence per share
Lowest purchase price paid	:  306.5 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 12,029,625 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 234,061,798 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 7 October 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
105	311.00	08:12:35	00061451134TRLO0	LSE
1750	311.00	08:12:35	00061451133TRLO0	LSE
1291	312.50	08:32:22	00061451741TRLO0	LSE
260	312.50	08:32:22	00061451742TRLO0	LSE
496	312.50	08:32:22	00061451743TRLO0	LSE
480	312.50	08:32:22	00061451744TRLO0	LSE
338	312.50	08:32:22	00061451745TRLO0	LSE
1253	312.50	08:32:22	00061451746TRLO0	LSE
1253	312.50	08:32:22	00061451747TRLO0	LSE
774	312.50	08:32:22	00061451748TRLO0	LSE
348	312.50	08:42:50	00061451995TRLO0	LSE
71	312.50	08:42:50	00061451996TRLO0	LSE
364	312.00	08:51:02	00061452167TRLO0	LSE
152	312.00	08:51:02	00061452168TRLO0	LSE
1228	312.00	08:51:02	00061452169TRLO0	LSE
1017	314.00	09:11:36	00061452652TRLO0	LSE
455	314.00	09:11:36	00061452653TRLO0	LSE
261	314.50	09:37:49	00061453563TRLO0	LSE
1454	314.50	09:37:49	00061453564TRLO0	LSE
1830	314.50	09:37:49	00061453565TRLO0	LSE
1938	313.00	10:27:19	00061454809TRLO0	LSE
1191	313.50	10:50:31	00061455493TRLO0	LSE
202	313.00	10:50:32	00061455498TRLO0	LSE
1762	313.00	11:02:08	00061455718TRLO0	LSE
682	313.50	11:12:21	00061455942TRLO0	LSE
315	313.50	11:12:21	00061455943TRLO0	LSE
452	313.50	11:12:21	00061455944TRLO0	LSE
275	313.00	11:24:09	00061456237TRLO0	LSE
1748	313.50	11:25:24	00061456307TRLO0	LSE
76	313.50	11:25:24	00061456308TRLO0	LSE
419	313.50	11:41:08	00061456646TRLO0	LSE
1523	313.00	12:30:28	00061457856TRLO0	LSE
123	314.00	12:32:18	00061457870TRLO0	LSE
393	313.50	12:37:34	00061458020TRLO0	LSE
1678	313.50	12:37:34	00061458021TRLO0	LSE
543	314.00	12:37:34	00061458022TRLO0	LSE
452	314.00	12:37:34	00061458023TRLO0	LSE
310	314.00	12:37:34	00061458024TRLO0	LSE
600	312.50	13:37:02	00061459843TRLO0	LSE
600	312.50	13:37:02	00061459844TRLO0	LSE
600	312.50	13:37:02	00061459845TRLO0	LSE
72	312.50	13:37:02	00061459846TRLO0	LSE
159	312.50	13:37:02	00061459847TRLO0	LSE
1297	311.50	13:45:09	00061460296TRLO0	LSE
600	311.50	13:45:09	00061460297TRLO0	LSE
128	311.50	13:45:09	00061460298TRLO0	LSE
316	310.00	13:47:04	00061460600TRLO0	LSE
1716	310.00	13:47:04	00061460601TRLO0	LSE
109	308.50	14:00:16	00061461504TRLO0	LSE
1676	308.50	14:07:20	00061461867TRLO0	LSE
339	310.00	14:20:02	00061462328TRLO0	LSE
452	310.00	14:20:30	00061462366TRLO0	LSE
534	310.00	14:20:30	00061462367TRLO0	LSE
452	310.00	14:20:38	00061462380TRLO0	LSE
37	309.50	14:32:27	00061462945TRLO0	LSE
29	309.50	14:33:08	00061462998TRLO0	LSE
514	309.50	14:33:08	00061462999TRLO0	LSE
703	309.00	14:44:06	00061463669TRLO0	LSE
880	309.00	14:44:06	00061463670TRLO0	LSE
467	309.00	14:44:06	00061463671TRLO0	LSE
1868	309.00	14:44:06	00061463672TRLO0	LSE
1266	308.00	14:45:12	00061463777TRLO0	LSE
280	308.00	14:45:12	00061463778TRLO0	LSE
443	308.00	14:45:12	00061463779TRLO0	LSE
18011	308.00	14:45:12	00061463780TRLO0	LSE
918	307.00	14:45:21	00061463824TRLO0	LSE
571	307.00	14:46:00	00061463909TRLO0	LSE
464	307.00	14:46:03	00061463912TRLO0	LSE
419	307.50	14:52:58	00061464176TRLO0	LSE
660	307.50	14:53:08	00061464186TRLO0	LSE
658	307.50	14:53:08	00061464187TRLO0	LSE
539	307.50	14:53:08	00061464188TRLO0	LSE
377	307.50	14:58:10	00061464414TRLO0	LSE
600	307.50	14:58:10	00061464415TRLO0	LSE
600	307.50	14:58:10	00061464416TRLO0	LSE
222	307.50	14:58:10	00061464417TRLO0	LSE
831	307.00	15:02:26	00061464686TRLO0	LSE
229	307.00	15:02:26	00061464687TRLO0	LSE
1023	307.00	15:02:26	00061464688TRLO0	LSE
339	307.50	15:16:17	00061465694TRLO0	LSE
2522	309.00	15:25:01	00061466302TRLO0	LSE
383	309.00	15:25:01	00061466303TRLO0	LSE
697	309.00	15:25:01	00061466304TRLO0	LSE
1009	309.00	15:25:01	00061466305TRLO0	LSE
2205	308.00	15:31:36	00061466830TRLO0	LSE
195	308.00	15:31:36	00061466831TRLO0	LSE
1557	308.00	15:31:36	00061466832TRLO0	LSE
1923	307.00	15:33:32	00061466932TRLO0	LSE
2444	306.50	15:34:31	00061466973TRLO0	LSE
339	307.00	15:40:09	00061467268TRLO0	LSE
739	307.00	15:40:09	00061467269TRLO0	LSE
339	307.00	15:40:25	00061467272TRLO0	LSE
377	307.00	15:42:31	00061467331TRLO0	LSE
378	307.00	15:42:31	00061467332TRLO0	LSE
393	307.00	15:42:39	00061467336TRLO0	LSE
843	307.00	15:42:39	00061467337TRLO0	LSE
452	307.00	15:42:39	00061467338TRLO0	LSE
21	308.00	15:48:09	00061467582TRLO0	LSE
519	308.00	15:48:09	00061467583TRLO0	LSE
8	308.00	15:48:09	00061467584TRLO0	LSE
13	308.00	15:48:09	00061467585TRLO0	LSE
8	308.00	15:48:29	00061467592TRLO0	LSE
9	308.00	15:48:29	00061467593TRLO0	LSE
339	308.00	15:48:29	00061467594TRLO0	LSE
7	308.00	15:48:49	00061467623TRLO0	LSE
452	308.00	15:50:08	00061467687TRLO0	LSE
541	308.00	15:50:08	00061467688TRLO0	LSE
1004	307.50	15:55:32	00061467872TRLO0	LSE
600	307.50	15:55:32	00061467873TRLO0	LSE
127	307.50	15:59:52	00061468024TRLO0	LSE
1823	307.50	15:59:52	00061468025TRLO0	LSE
452	308.50	16:06:59	00061468345TRLO0	LSE
86	308.50	16:06:59	00061468346TRLO0	LSE
608	308.50	16:06:59	00061468347TRLO0	LSE
404	308.50	16:07:09	00061468350TRLO0	LSE
452	308.50	16:07:09	00061468351TRLO0	LSE
1754	308.00	16:07:27	00061468378TRLO0	LSE
214	307.00	16:13:05	00061468666TRLO0	LSE
165	307.00	16:13:05	00061468667TRLO0	LSE
611	307.00	16:13:05	00061468668TRLO0	LSE
91	307.00	16:13:05	00061468669TRLO0	LSE
131	307.00	16:13:06	00061468674TRLO0	LSE
11	307.00	16:14:07	00061468773TRLO0	LSE
477	307.00	16:14:07	00061468774TRLO0	LSE
38	307.00	16:14:08	00061468775TRLO0	LSE
19	307.00	16:14:08	00061468776TRLO0	LSE
61	307.00	16:14:09	00061468778TRLO0	LSE
14	307.00	16:14:13	00061468780TRLO0	LSE
5	307.00	16:14:13	00061468781TRLO0	LSE
281	307.00	16:16:24	00061468895TRLO0	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