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

9 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 9 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 :  80,000
Weighted average purchase price paid :  353.0566 pence per share
Highest purchase price paid :  356 pence per share
Lowest purchase price paid :  350 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 14,526,710 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 231,564,713 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 9 November 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
1862 353.00  08:14:34 00062033484TRLO0 LSE
60 353.00  08:14:34 00062033485TRLO0 LSE
346 353.00  08:14:34 00062033486TRLO0 LSE
177 352.00  08:14:34 00062033487TRLO0 LSE
417 352.00  08:14:34 00062033488TRLO0 LSE
1662 352.00  08:14:40 00062033498TRLO0 LSE
2382 350.50  08:40:16 00062034495TRLO0 LSE
2036 350.00  08:51:14 00062034810TRLO0 LSE
1996 350.50  09:14:10 00062035773TRLO0 LSE
1885 350.50  09:23:10 00062036145TRLO0 LSE
191 350.50  09:23:10 00062036146TRLO0 LSE
2423 353.50  10:28:31 00062038926TRLO0 LSE
369 353.00  10:30:36 00062038979TRLO0 LSE
598 353.50  10:35:40 00062039114TRLO0 LSE
1475 353.50  10:35:40 00062039115TRLO0 LSE
196 353.50  10:55:40 00062039637TRLO0 LSE
1851 353.50  10:55:40 00062039638TRLO0 LSE
2109 355.00  11:20:10 00062040596TRLO0 LSE
2 355.00  11:21:33 00062040673TRLO0 LSE
2290 355.00  11:21:45 00062040674TRLO0 LSE
101 354.50  11:31:15 00062041004TRLO0 LSE
269 354.50  11:34:33 00062041172TRLO0 LSE
645 354.50  11:37:09 00062041324TRLO0 LSE
332 354.50  11:37:09 00062041325TRLO0 LSE
258 354.50  11:37:09 00062041326TRLO0 LSE
390 354.50  11:37:10 00062041328TRLO0 LSE
1823 354.50  11:37:10 00062041329TRLO0 LSE
262 354.50  11:37:10 00062041330TRLO0 LSE
1989 354.00  11:45:27 00062041986TRLO0 LSE
290 353.50  12:03:54 00062042676TRLO0 LSE
2093 353.50  12:03:54 00062042677TRLO0 LSE
378 353.00  12:19:25 00062043089TRLO0 LSE
1000 353.00  12:19:25 00062043090TRLO0 LSE
500 353.00  12:19:25 00062043091TRLO0 LSE
119 353.00  12:19:25 00062043092TRLO0 LSE
272 353.00  12:19:25 00062043093TRLO0 LSE
669 352.50  12:58:52 00062043820TRLO0 LSE
999 352.50  12:58:52 00062043821TRLO0 LSE
691 352.50  12:58:52 00062043822TRLO0 LSE
2403 352.00  12:59:01 00062043824TRLO0 LSE
1686 351.50  13:04:47 00062043981TRLO0 LSE
734 351.50  13:04:47 00062043982TRLO0 LSE
1186 351.00  14:12:06 00062045734TRLO0 LSE
1266 351.00  14:12:06 00062045735TRLO0 LSE
44 351.50  14:21:09 00062045890TRLO0 LSE
321 351.50  14:28:33 00062046157TRLO0 LSE
2447 352.00  14:31:49 00062046305TRLO0 LSE
978 352.00  14:31:49 00062046306TRLO0 LSE
819 351.50  14:31:49 00062046307TRLO0 LSE
227 351.50  14:31:49 00062046308TRLO0 LSE
500 351.50  14:31:49 00062046309TRLO0 LSE
500 351.50  14:31:49 00062046310TRLO0 LSE
364 351.50  14:31:49 00062046311TRLO0 LSE
76 351.00  14:32:30 00062046445TRLO0 LSE
350 351.00  14:32:30 00062046446TRLO0 LSE
30 351.00  14:32:55 00062046469TRLO0 LSE
32 351.00  14:33:20 00062046496TRLO0 LSE
18 351.00  14:33:33 00062046519TRLO0 LSE
40 351.00  14:34:06 00062046531TRLO0 LSE
27 351.00  14:34:28 00062046542TRLO0 LSE
15 351.00  14:34:41 00062046580TRLO0 LSE
45 351.00  14:35:14 00062046595TRLO0 LSE
15 351.00  14:35:28 00062046611TRLO0 LSE
33 351.00  14:36:27 00062046649TRLO0 LSE
400 351.00  14:36:27 00062046650TRLO0 LSE
27 351.00  14:36:47 00062046673TRLO0 LSE
1291 351.50  14:48:57 00062047243TRLO0 LSE
552 352.00  14:48:57 00062047244TRLO0 LSE
1601 352.00  14:48:57 00062047245TRLO0 LSE
2 354.00  15:09:35 00062048464TRLO0 LSE
706 354.00  15:19:10 00062048936TRLO0 LSE
2000 354.00  15:34:04 00062049673TRLO0 LSE
1500 354.00  15:34:04 00062049674TRLO0 LSE
2500 354.00  15:34:04 00062049675TRLO0 LSE
617 354.00  15:34:04 00062049676TRLO0 LSE
442 354.00  15:34:04 00062049677TRLO0 LSE
1000 354.00  15:34:04 00062049678TRLO0 LSE
972 354.00  15:34:04 00062049679TRLO0 LSE
76 354.00  15:34:04 00062049680TRLO0 LSE
3 354.00  15:34:04 00062049681TRLO0 LSE
3184 354.00  15:34:04 00062049682TRLO0 LSE
2349 353.50  15:54:42 00062050838TRLO0 LSE
2372 353.50  15:54:42 00062050839TRLO0 LSE
145 356.00  16:13:48 00062051901TRLO0 LSE
500 356.00  16:13:48 00062051902TRLO0 LSE
594 356.00  16:13:48 00062051903TRLO0 LSE
72 356.00  16:13:48 00062051904TRLO0 LSE
1079 356.00  16:13:48 00062051905TRLO0 LSE
240 355.50  16:15:30 00062052004TRLO0 LSE
1895 355.50  16:15:30 00062052005TRLO0 LSE
2318 355.50  16:15:30 00062052006TRLO0 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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