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

14 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 14 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	:  311.7856 pence per share
Highest purchase price paid	:  317.5 pence per share
Lowest purchase price paid	:  308 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 12,591,477 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 233,499,946 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 14 October 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
206	311.50	08:32:07	00061571050TRLO0	LSE
598	311.50	08:32:07	00061571051TRLO0	LSE
699	311.50	08:32:07	00061571052TRLO0	LSE
700	311.50	08:35:44	00061571260TRLO0	LSE
81	311.50	08:35:44	00061571261TRLO0	LSE
2065	311.50	08:35:44	00061571262TRLO0	LSE
583	311.50	08:42:14	00061571693TRLO0	LSE
52	311.50	08:42:14	00061571694TRLO0	LSE
1000	311.00	08:42:54	00061571701TRLO0	LSE
241	311.00	08:42:54	00061571702TRLO0	LSE
1822	310.50	08:43:03	00061571703TRLO0	LSE
1000	310.50	08:43:03	00061571704TRLO0	LSE
730	310.50	08:43:03	00061571705TRLO0	LSE
1000	310.50	08:43:03	00061571706TRLO0	LSE
1000	310.50	08:43:03	00061571707TRLO0	LSE
1000	310.50	08:43:03	00061571708TRLO0	LSE
1000	310.50	08:43:03	00061571709TRLO0	LSE
1000	310.50	08:43:03	00061571710TRLO0	LSE
860	310.50	09:00:43	00061572607TRLO0	LSE
495	310.50	09:00:43	00061572608TRLO0	LSE
445	310.50	09:00:43	00061572609TRLO0	LSE
1945	309.50	09:02:34	00061572741TRLO0	LSE
2044	311.00	09:36:54	00061574173TRLO0	LSE
710	310.50	09:58:43	00061574893TRLO0	LSE
1216	310.50	09:58:43	00061574894TRLO0	LSE
1979	310.50	09:58:43	00061574895TRLO0	LSE
1902	310.50	09:58:43	00061574898TRLO0	LSE
1773	310.00	10:00:44	00061575002TRLO0	LSE
850	309.50	10:00:56	00061575011TRLO0	LSE
262	309.50	10:00:56	00061575012TRLO0	LSE
753	309.50	10:00:56	00061575013TRLO0	LSE
1237	309.50	10:27:58	00061575806TRLO0	LSE
675	309.50	10:27:58	00061575807TRLO0	LSE
1732	309.50	10:29:01	00061575880TRLO0	LSE
2049	309.00	10:42:57	00061576490TRLO0	LSE
2087	308.50	10:45:36	00061576612TRLO0	LSE
2072	308.00	11:00:40	00061577633TRLO0	LSE
2115	308.50	11:09:11	00061577949TRLO0	LSE
241	308.00	11:21:40	00061578565TRLO0	LSE
1565	308.00	11:21:40	00061578566TRLO0	LSE
2009	309.00	12:04:56	00061580972TRLO0	LSE
1739	309.50	12:07:25	00061581054TRLO0	LSE
1727	309.00	12:10:23	00061581192TRLO0	LSE
1790	309.00	12:10:23	00061581193TRLO0	LSE
1902	311.50	12:42:36	00061582863TRLO0	LSE
11	311.50	12:42:36	00061582864TRLO0	LSE
1813	311.50	12:42:36	00061582865TRLO0	LSE
2029	311.50	12:42:36	00061582866TRLO0	LSE
1730	311.00	12:55:09	00061583215TRLO0	LSE
1765	310.50	13:09:22	00061583561TRLO0	LSE
980	313.00	13:32:02	00061584321TRLO0	LSE
1128	313.00	13:32:02	00061584322TRLO0	LSE
58	314.00	13:44:02	00061584763TRLO0	LSE
9	314.00	13:44:15	00061584784TRLO0	LSE
2057	316.50	13:59:10	00061585816TRLO0	LSE
1398	316.00	14:02:37	00061586089TRLO0	LSE
674	316.00	14:02:37	00061586090TRLO0	LSE
192	315.00	14:07:09	00061586347TRLO0	LSE
1959	316.50	14:37:20	00061588359TRLO0	LSE
847	317.50	14:43:05	00061588764TRLO0	LSE
454	317.50	14:43:05	00061588765TRLO0	LSE
193	317.00	14:43:21	00061588784TRLO0	LSE
1763	317.00	14:43:21	00061588785TRLO0	LSE
1400	317.00	14:43:21	00061588786TRLO0	LSE
547	317.00	14:43:21	00061588787TRLO0	LSE
142	317.00	14:43:21	00061588788TRLO0	LSE
1927	316.00	14:44:00	00061588878TRLO0	LSE
689	316.00	14:51:50	00061589372TRLO0	LSE
700	316.00	14:51:50	00061589373TRLO0	LSE
503	316.00	14:51:50	00061589374TRLO0	LSE
1831	315.00	15:00:01	00061589897TRLO0	LSE
1546	313.00	15:06:38	00061590562TRLO0	LSE
230	313.00	15:06:38	00061590563TRLO0	LSE
700	313.00	15:12:03	00061591034TRLO0	LSE
1328	313.00	15:12:03	00061591035TRLO0	LSE
1805	312.50	15:19:04	00061591534TRLO0	LSE
283	312.00	15:41:29	00061593148TRLO0	LSE
1843	312.00	15:41:29	00061593149TRLO0	LSE
2112	312.00	15:43:03	00061593300TRLO0	LSE
1105	313.50	16:00:16	00061594276TRLO0	LSE
1082	313.50	16:00:16	00061594277TRLO0	LSE
34	313.50	16:00:16	00061594278TRLO0	LSE
1228	313.50	16:00:18	00061594280TRLO0	LSE
540	313.50	16:03:18	00061594503TRLO0	LSE
700	313.50	16:03:18	00061594504TRLO0	LSE
700	313.50	16:03:18	00061594505TRLO0	LSE
195	313.50	16:03:18	00061594506TRLO0	LSE
2089	313.50	16:08:51	00061594935TRLO0	LSE
2085	313.00	16:11:16	00061595060TRLO0	LSE
645	311.50	16:17:29	00061595401TRLO0	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