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

15 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 15 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	:  120,000
Weighted average purchase price paid	:  361.1964 pence per share
Highest purchase price paid	:  365 pence per share
Lowest purchase price paid	:  357 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 14,886,710 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 231,204,713 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 15 November 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
2165	362.00	08:21:38	00062163037TRLO0	LSE
2	362.00	08:21:38	00062163038TRLO0	LSE
1098	364.00	08:36:11	00062163926TRLO0	LSE
500	364.00	08:36:11	00062163927TRLO0	LSE
411	364.00	08:36:11	00062163928TRLO0	LSE
89	364.00	08:36:11	00062163929TRLO0	LSE
2035	364.00	08:36:11	00062163930TRLO0	LSE
681	363.50	08:37:01	00062163962TRLO0	LSE
1798	363.50	08:37:01	00062163963TRLO0	LSE
565	362.50	08:50:40	00062164550TRLO0	LSE
500	362.50	08:50:40	00062164551TRLO0	LSE
914	362.50	08:50:40	00062164552TRLO0	LSE
292	361.50	09:07:02	00062165049TRLO0	LSE
1	361.50	09:07:02	00062165050TRLO0	LSE
500	361.50	09:07:02	00062165051TRLO0	LSE
1000	361.50	09:07:02	00062165052TRLO0	LSE
517	361.50	09:07:02	00062165053TRLO0	LSE
25000	361.50	09:21:58	00062165460TRLO0	LSE
779	362.00	10:06:06	00062167230TRLO0	LSE
1210	362.00	10:06:06	00062167231TRLO0	LSE
12	362.00	10:06:06	00062167232TRLO0	LSE
488	362.00	10:06:06	00062167233TRLO0	LSE
500	362.00	10:06:06	00062167234TRLO0	LSE
500	362.00	10:06:06	00062167235TRLO0	LSE
595	362.00	10:06:06	00062167236TRLO0	LSE
219	361.50	11:15:39	00062168869TRLO0	LSE
1796	361.50	11:15:39	00062168870TRLO0	LSE
748	361.50	11:15:39	00062168871TRLO0	LSE
1000	361.50	11:15:39	00062168872TRLO0	LSE
223	361.50	11:15:39	00062168873TRLO0	LSE
2	360.50	11:34:59	00062169318TRLO0	LSE
16	360.50	11:35:00	00062169321TRLO0	LSE
6	360.50	11:40:23	00062169522TRLO0	LSE
615	360.50	11:40:23	00062169523TRLO0	LSE
1674	360.50	11:40:23	00062169524TRLO0	LSE
384	361.00	12:43:56	00062171209TRLO0	LSE
1835	361.00	12:46:05	00062171259TRLO0	LSE
2075	361.00	12:46:05	00062171260TRLO0	LSE
2215	361.00	13:19:05	00062172153TRLO0	LSE
440	362.00	13:31:11	00062172934TRLO0	LSE
1077	362.00	13:31:11	00062172935TRLO0	LSE
199	362.00	13:31:11	00062172936TRLO0	LSE
239	362.00	13:31:11	00062172938TRLO0	LSE
558	362.00	13:31:11	00062172940TRLO0	LSE
2094	365.00	13:35:17	00062173364TRLO0	LSE
2074	364.00	13:35:17	00062173365TRLO0	LSE
3897	364.50	13:35:17	00062173366TRLO0	LSE
382	363.50	13:40:15	00062173698TRLO0	LSE
500	363.50	13:40:15	00062173699TRLO0	LSE
980	363.50	13:40:15	00062173700TRLO0	LSE
267	363.50	13:40:15	00062173701TRLO0	LSE
2191	362.50	13:45:24	00062173846TRLO0	LSE
150	362.50	14:03:28	00062175203TRLO0	LSE
1939	362.50	14:03:28	00062175204TRLO0	LSE
2372	362.00	14:13:39	00062175638TRLO0	LSE
1988	361.00	14:33:51	00062177028TRLO0	LSE
1011	361.50	14:40:30	00062178026TRLO0	LSE
573	361.50	14:40:30	00062178027TRLO0	LSE
664	361.50	14:40:30	00062178028TRLO0	LSE
104	361.00	14:49:06	00062178603TRLO0	LSE
1501	361.00	14:49:06	00062178604TRLO0	LSE
463	361.00	14:49:06	00062178605TRLO0	LSE
11	359.50	14:49:40	00062178701TRLO0	LSE
254	359.50	14:49:40	00062178702TRLO0	LSE
669	359.50	14:49:40	00062178703TRLO0	LSE
20000	360.00	15:03:45	00062179641TRLO0	LSE
2281	360.00	15:20:10	00062180964TRLO0	LSE
3295	359.50	15:37:59	00062182038TRLO0	LSE
2401	359.50	15:37:59	00062182039TRLO0	LSE
2000	359.50	15:37:59	00062182040TRLO0	LSE
507	359.50	15:37:59	00062182041TRLO0	LSE
140	358.50	15:49:20	00062183167TRLO0	LSE
24	358.50	15:49:22	00062183170TRLO0	LSE
140	358.50	15:49:30	00062183182TRLO0	LSE
140	358.50	15:49:40	00062183188TRLO0	LSE
140	358.50	15:50:00	00062183210TRLO0	LSE
661	358.50	15:50:02	00062183228TRLO0	LSE
697	358.50	15:50:03	00062183229TRLO0	LSE
121	358.50	15:50:03	00062183230TRLO0	LSE
281	357.00	15:57:40	00062184061TRLO0	LSE
577	357.00	15:58:02	00062184075TRLO0	LSE
273	357.00	15:58:02	00062184076TRLO0	LSE
36	357.00	15:58:10	00062184092TRLO0	LSE
27	357.00	15:58:34	00062184121TRLO0	LSE
433	357.00	16:00:02	00062184309TRLO0	LSE
500	357.00	16:00:02	00062184310TRLO0	LSE
243	357.00	16:00:02	00062184312TRLO0	LSE
2194	357.00	16:10:02	00062185082TRLO0	LSE
59	357.00	16:16:02	00062185439TRLO0	LSE
500	357.00	16:16:02	00062185440TRLO0	LSE
500	357.00	16:16:02	00062185441TRLO0	LSE
273	357.00	16:16:02	00062185442TRLO0	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