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

17 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 17 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	:  80,000
Weighted average purchase price paid	:  318.7912 pence per share
Highest purchase price paid	:  323 pence per share
Lowest purchase price paid	:  313 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 12,671,477 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 233,419,946 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 17 October 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
2019	313.50	08:43:18	00061598475TRLO0	LSE
184	313.00	08:44:27	00061598487TRLO0	LSE
1786	313.00	08:44:27	00061598488TRLO0	LSE
286	314.50	09:02:18	00061598689TRLO0	LSE
305	314.50	09:02:18	00061598690TRLO0	LSE
600	314.50	09:02:18	00061598691TRLO0	LSE
1400	315.00	09:08:38	00061598825TRLO0	LSE
723	315.00	09:08:38	00061598826TRLO0	LSE
723	315.00	09:08:38	00061598827TRLO0	LSE
341	315.00	09:08:38	00061598828TRLO0	LSE
399	314.00	09:12:52	00061598948TRLO0	LSE
292	314.00	09:12:52	00061598949TRLO0	LSE
700	314.00	09:12:52	00061598950TRLO0	LSE
655	314.00	09:12:52	00061598951TRLO0	LSE
1843	314.00	09:12:52	00061598952TRLO0	LSE
178	314.00	09:12:52	00061598953TRLO0	LSE
1904	314.00	09:12:52	00061598954TRLO0	LSE
693	314.50	09:31:09	00061599235TRLO0	LSE
301	314.50	09:31:09	00061599236TRLO0	LSE
1	314.50	09:31:09	00061599237TRLO0	LSE
227	314.50	09:31:09	00061599238TRLO0	LSE
350	315.00	09:47:05	00061599587TRLO0	LSE
2290	315.00	09:48:24	00061599632TRLO0	LSE
2638	315.00	09:48:24	00061599633TRLO0	LSE
513	315.50	10:03:02	00061599854TRLO0	LSE
92	316.50	10:59:57	00061601341TRLO0	LSE
600	316.50	10:59:57	00061601342TRLO0	LSE
655	315.50	11:00:17	00061601349TRLO0	LSE
71	315.50	11:00:17	00061601350TRLO0	LSE
1499	315.50	11:00:17	00061601351TRLO0	LSE
782	315.50	11:00:17	00061601352TRLO0	LSE
10	315.50	11:33:06	00061601913TRLO0	LSE
902	316.50	11:48:19	00061602146TRLO0	LSE
630	316.50	11:48:19	00061602147TRLO0	LSE
3	316.50	11:48:19	00061602148TRLO0	LSE
1	316.50	11:48:19	00061602149TRLO0	LSE
1876	316.50	11:50:28	00061602183TRLO0	LSE
871	316.50	11:56:07	00061602221TRLO0	LSE
1880	317.50	12:43:11	00061603814TRLO0	LSE
2106	317.50	12:43:11	00061603815TRLO0	LSE
1669	317.00	13:14:55	00061604742TRLO0	LSE
846	317.00	13:14:55	00061604743TRLO0	LSE
3	317.00	13:14:55	00061604744TRLO0	LSE
4	317.00	13:14:55	00061604745TRLO0	LSE
578	317.50	13:40:24	00061605641TRLO0	LSE
574	317.50	13:40:24	00061605642TRLO0	LSE
4	318.50	14:02:04	00061606314TRLO0	LSE
3	318.50	14:02:04	00061606315TRLO0	LSE
3	318.50	14:02:04	00061606316TRLO0	LSE
28	318.50	14:02:04	00061606319TRLO0	LSE
668	320.00	14:17:02	00061607148TRLO0	LSE
1527	320.00	14:17:02	00061607149TRLO0	LSE
1879	321.00	14:55:12	00061609748TRLO0	LSE
1993	321.00	14:55:12	00061609749TRLO0	LSE
1937	320.50	14:56:28	00061609821TRLO0	LSE
330	321.50	15:22:52	00061611066TRLO0	LSE
1400	321.50	15:22:52	00061611067TRLO0	LSE
527	321.50	15:22:52	00061611068TRLO0	LSE
2204	321.50	15:22:52	00061611069TRLO0	LSE
358	322.50	15:32:37	00061611519TRLO0	LSE
153	322.50	15:32:37	00061611520TRLO0	LSE
888	322.50	15:32:37	00061611521TRLO0	LSE
700	322.50	15:32:37	00061611522TRLO0	LSE
68	322.50	15:35:10	00061611750TRLO0	LSE
2247	322.50	15:35:10	00061611751TRLO0	LSE
783	323.00	15:37:49	00061611906TRLO0	LSE
1262	323.00	15:37:49	00061611907TRLO0	LSE
1600	323.00	15:42:51	00061612161TRLO0	LSE
219	323.00	15:42:51	00061612162TRLO0	LSE
2045	322.50	15:44:53	00061612228TRLO0	LSE
1026	322.50	15:44:53	00061612229TRLO0	LSE
1091	322.50	15:44:53	00061612230TRLO0	LSE
2128	321.50	15:51:02	00061612673TRLO0	LSE
172	320.50	15:52:02	00061612750TRLO0	LSE
643	321.00	15:52:02	00061612751TRLO0	LSE
638	321.50	15:52:02	00061612752TRLO0	LSE
551	321.50	15:52:02	00061612753TRLO0	LSE
1928	321.50	15:52:02	00061612754TRLO0	LSE
17	321.50	15:52:02	00061612755TRLO0	LSE
364	321.00	16:00:02	00061613346TRLO0	LSE
470	321.00	16:00:02	00061613347TRLO0	LSE
777	321.00	16:00:02	00061613348TRLO0	LSE
265	321.50	16:05:23	00061613929TRLO0	LSE
2136	322.00	16:08:35	00061614158TRLO0	LSE
487	322.00	16:08:35	00061614159TRLO0	LSE
1745	322.00	16:08:35	00061614160TRLO0	LSE
164	322.00	16:11:49	00061614392TRLO0	LSE
2086	322.00	16:11:49	00061614393TRLO0	LSE
486	322.00	16:15:55	00061614644TRLO0	LSE
1434	322.00	16:15:55	00061614645TRLO0	LSE
182	322.00	16:15:58	00061614649TRLO0	LSE
1381	322.00	16:17:20	00061614773TRLO0	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