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 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 2 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 :  70,000
Weighted average purchase price paid :  376. 3583 pence per share
Highest purchase price paid :  379.5 pence per share
Lowest purchase price paid :  373 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 15,961,710 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 230,129,713 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 December 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
202 377.00  08:20:20 00062489455TRLO0 LSE
400 377.50  08:34:00 00062490462TRLO0 LSE
1633 377.50  08:34:00 00062490463TRLO0 LSE
272 377.50  08:34:00 00062490464TRLO0 LSE
515 379.50  08:47:36 00062491298TRLO0 LSE
1000 379.50  08:47:36 00062491299TRLO0 LSE
500 379.50  08:47:36 00062491300TRLO0 LSE
84 379.50  08:47:36 00062491301TRLO0 LSE
658 379.50  09:21:18 00062493173TRLO0 LSE
950 379.50  09:21:18 00062493174TRLO0 LSE
281 379.50  09:21:18 00062493175TRLO0 LSE
2094 379.00  10:40:00 00062496629TRLO0 LSE
1124 378.50  10:41:14 00062496673TRLO0 LSE
500 378.50  10:41:14 00062496674TRLO0 LSE
462 378.50  10:41:14 00062496675TRLO0 LSE
8 378.00  10:59:52 00062497672TRLO0 LSE
627 378.00  11:02:37 00062497788TRLO0 LSE
1498 378.00  11:02:37 00062497789TRLO0 LSE
59 377.50  11:45:05 00062500307TRLO0 LSE
1000 377.50  11:45:05 00062500308TRLO0 LSE
500 377.50  11:45:05 00062500309TRLO0 LSE
458 377.50  11:45:05 00062500310TRLO0 LSE
61 377.50  11:45:05 00062500311TRLO0 LSE
16 377.50  11:54:39 00062500816TRLO0 LSE
68 377.50  11:54:39 00062500817TRLO0 LSE
653 377.50  11:54:39 00062500818TRLO0 LSE
499 377.50  13:28:05 00062505330TRLO0 LSE
499 377.50  13:28:05 00062505331TRLO0 LSE
999 377.50  13:28:05 00062505332TRLO0 LSE
8 377.50  13:28:05 00062505333TRLO0 LSE
921 377.00  13:30:01 00062505432TRLO0 LSE
180 377.00  13:30:01 00062505433TRLO0 LSE
500 377.00  13:30:01 00062505434TRLO0 LSE
500 377.00  13:30:01 00062505439TRLO0 LSE
90 377.00  13:30:01 00062505440TRLO0 LSE
1255 377.00  13:30:01 00062505492TRLO0 LSE
2 377.00  13:30:01 00062505505TRLO0 LSE
448 377.00  13:30:01 00062505515TRLO0 LSE
2041 376.00  13:30:09 00062505733TRLO0 LSE
1400 375.00  13:30:56 00062506053TRLO0 LSE
1 375.00  13:30:56 00062506054TRLO0 LSE
610 375.00  13:30:56 00062506055TRLO0 LSE
1738 374.50  13:31:03 00062506288TRLO0 LSE
676 374.50  13:31:03 00062506289TRLO0 LSE
479 374.00  13:32:02 00062506711TRLO0 LSE
1688 374.00  13:32:02 00062506712TRLO0 LSE
2063 373.00  13:32:04 00062506731TRLO0 LSE
500 378.00  13:57:49 00062510301TRLO0 LSE
1619 378.00  13:57:49 00062510302TRLO0 LSE
2130 377.50  14:03:20 00062510789TRLO0 LSE
481 377.00  14:05:46 00062510938TRLO0 LSE
269 377.00  14:05:46 00062510939TRLO0 LSE
1000 377.00  14:05:46 00062510940TRLO0 LSE
106 377.00  14:05:46 00062510941TRLO0 LSE
1401 376.00  14:19:55 00062511657TRLO0 LSE
500 376.00  14:27:24 00062512179TRLO0 LSE
304 376.00  14:27:24 00062512180TRLO0 LSE
1196 376.00  14:27:24 00062512181TRLO0 LSE
803 376.00  14:27:24 00062512182TRLO0 LSE
380 376.00  14:27:24 00062512183TRLO0 LSE
533 376.00  14:27:24 00062512184TRLO0 LSE
430 376.00  14:27:24 00062512185TRLO0 LSE
713 376.00  14:27:25 00062512186TRLO0 LSE
421 376.00  14:27:27 00062512189TRLO0 LSE
43 375.50  14:27:27 00062512192TRLO0 LSE
76 375.50  14:27:39 00062512201TRLO0 LSE
135 375.50  14:27:39 00062512202TRLO0 LSE
661 376.00  14:35:37 00062513111TRLO0 LSE
93 376.50  14:48:29 00062514309TRLO0 LSE
357 376.50  14:48:29 00062514310TRLO0 LSE
414 376.50  14:48:29 00062514311TRLO0 LSE
260 376.50  14:48:29 00062514312TRLO0 LSE
1878 376.00  14:56:34 00062514971TRLO0 LSE
1865 376.00  15:03:56 00062515494TRLO0 LSE
1825 375.50  15:03:56 00062515496TRLO0 LSE
43 376.50  15:20:14 00062516919TRLO0 LSE
62 376.50  15:20:14 00062516920TRLO0 LSE
255 376.50  15:20:14 00062516921TRLO0 LSE
23 376.50  15:20:14 00062516922TRLO0 LSE
248 376.50  15:20:14 00062516923TRLO0 LSE
428 376.50  15:20:14 00062516924TRLO0 LSE
455 376.50  15:20:14 00062516925TRLO0 LSE
248 376.50  15:23:14 00062517269TRLO0 LSE
458 376.50  15:23:14 00062517271TRLO0 LSE
32 376.50  15:23:14 00062517272TRLO0 LSE
110 376.50  15:23:14 00062517273TRLO0 LSE
365 376.50  15:23:14 00062517274TRLO0 LSE
1917 375.50  15:24:10 00062517341TRLO0 LSE
380 375.50  15:24:10 00062517342TRLO0 LSE
1235 375.50  15:24:10 00062517343TRLO0 LSE
2095 374.50  15:29:10 00062517693TRLO0 LSE
564 375.50  15:46:36 00062518797TRLO0 LSE
390 375.50  15:46:36 00062518798TRLO0 LSE
500 375.50  15:46:36 00062518799TRLO0 LSE
500 375.50  15:46:36 00062518800TRLO0 LSE
6 375.50  15:46:36 00062518801TRLO0 LSE
103 375.50  15:52:41 00062519296TRLO0 LSE
1952 375.50  15:52:41 00062519298TRLO0 LSE
1916 375.00  16:00:27 00062519864TRLO0 LSE
79 375.00  16:00:27 00062519865TRLO0 LSE
854 374.50  16:14:25 00062521012TRLO0 LSE
305 374.50  16:14:33 00062521022TRLO0 LSE
263 374.50  16:17:13 00062521205TRLO0 LSE
445 374.50  16:17:13 00062521206TRLO0 LSE
1156 374.50  16:17:13 00062521207TRLO0 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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