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

18 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 18 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	:  120,000
Weighted average purchase price paid	:  323.3663 pence per share
Highest purchase price paid	:  325.5 pence per share
Lowest purchase price paid	:  319.5 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 12,791,477 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 233,299,946 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 18 October 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
2481	323.50	08:14:57	00061617716TRLO0	LSE
774	325.50	08:50:00	00061619050TRLO0	LSE
700	325.50	08:50:00	00061619051TRLO0	LSE
481	325.50	08:50:00	00061619052TRLO0	LSE
306	325.50	08:50:00	00061619053TRLO0	LSE
700	325.50	08:50:00	00061619054TRLO0	LSE
700	325.50	08:50:00	00061619055TRLO0	LSE
380	325.50	08:50:00	00061619056TRLO0	LSE
2297	325.00	08:50:00	00061619057TRLO0	LSE
902	325.50	08:50:00	00061619058TRLO0	LSE
1167	325.50	08:50:00	00061619059TRLO0	LSE
50000	324.50	09:17:33	00061620145TRLO0	LSE
912	325.00	09:21:40	00061620326TRLO0	LSE
329	325.00	09:21:40	00061620327TRLO0	LSE
589	325.00	09:21:57	00061620354TRLO0	LSE
70	325.00	09:22:57	00061620393TRLO0	LSE
2100	324.00	09:57:55	00061621774TRLO0	LSE
564	323.00	10:02:20	00061622189TRLO0	LSE
769	323.00	10:02:20	00061622190TRLO0	LSE
495	323.00	10:02:20	00061622191TRLO0	LSE
15	322.50	10:18:40	00061623020TRLO0	LSE
121	323.50	10:24:27	00061623212TRLO0	LSE
105	323.50	10:29:08	00061623374TRLO0	LSE
31	323.50	10:29:08	00061623375TRLO0	LSE
844	323.50	10:29:08	00061623376TRLO0	LSE
186	324.50	10:54:15	00061624177TRLO0	LSE
339	324.50	10:54:15	00061624178TRLO0	LSE
688	324.50	10:59:44	00061624415TRLO0	LSE
335	324.50	10:59:44	00061624416TRLO0	LSE
240	324.50	11:01:50	00061624490TRLO0	LSE
221	324.50	11:01:50	00061624491TRLO0	LSE
87	324.00	11:24:30	00061625456TRLO0	LSE
942	324.00	11:25:16	00061625475TRLO0	LSE
417	324.00	12:02:30	00061626341TRLO0	LSE
146	324.00	12:14:51	00061626680TRLO0	LSE
6	324.00	12:14:51	00061626681TRLO0	LSE
819	325.00	12:48:38	00061627461TRLO0	LSE
975	325.00	12:48:39	00061627462TRLO0	LSE
851	325.00	13:03:21	00061628113TRLO0	LSE
854	325.00	13:18:50	00061628618TRLO0	LSE
868	325.00	13:49:14	00061629706TRLO0	LSE
577	325.00	13:49:14	00061629707TRLO0	LSE
306	325.00	13:49:14	00061629708TRLO0	LSE
98	325.00	13:49:14	00061629709TRLO0	LSE
39	325.00	13:49:14	00061629710TRLO0	LSE
830	325.00	13:51:00	00061629768TRLO0	LSE
923	325.00	13:59:00	00061629971TRLO0	LSE
546	325.00	13:59:00	00061629972TRLO0	LSE
498	324.00	14:20:09	00061630766TRLO0	LSE
568	324.00	14:20:09	00061630767TRLO0	LSE
456	324.00	14:20:09	00061630768TRLO0	LSE
321	324.00	14:20:09	00061630769TRLO0	LSE
81	324.00	14:20:09	00061630770TRLO0	LSE
104	324.00	14:20:09	00061630771TRLO0	LSE
1265	325.00	14:36:44	00061631478TRLO0	LSE
2162	324.00	14:37:06	00061631491TRLO0	LSE
2148	321.50	14:54:31	00061632718TRLO0	LSE
177	321.50	15:17:09	00061633910TRLO0	LSE
1766	321.50	15:17:09	00061633911TRLO0	LSE
1826	321.00	15:26:23	00061634402TRLO0	LSE
192	321.00	15:26:23	00061634403TRLO0	LSE
539	320.50	15:29:44	00061634636TRLO0	LSE
577	320.50	15:29:44	00061634637TRLO0	LSE
1853	319.50	15:37:19	00061635171TRLO0	LSE
188	320.50	16:00:21	00061636360TRLO0	LSE
1251	320.50	16:00:21	00061636361TRLO0	LSE
29	320.50	16:00:21	00061636362TRLO0	LSE
139	320.50	16:00:27	00061636370TRLO0	LSE
414	320.50	16:00:27	00061636371TRLO0	LSE
264	320.50	16:06:10	00061636646TRLO0	LSE
1023	320.50	16:06:10	00061636647TRLO0	LSE
32	320.50	16:06:14	00061636652TRLO0	LSE
199	320.50	16:06:52	00061636693TRLO0	LSE
29	320.50	16:07:21	00061636724TRLO0	LSE
397	320.50	16:07:33	00061636735TRLO0	LSE
154	320.50	16:07:33	00061636736TRLO0	LSE
796	320.50	16:07:33	00061636737TRLO0	LSE
941	320.50	16:07:33	00061636738TRLO0	LSE
39	320.50	16:08:33	00061636778TRLO0	LSE
280	320.50	16:08:33	00061636779TRLO0	LSE
167	320.50	16:09:33	00061636814TRLO0	LSE
446	320.50	16:11:18	00061636907TRLO0	LSE
1302	320.50	16:11:18	00061636908TRLO0	LSE
32	320.50	16:11:18	00061636909TRLO0	LSE
227	320.50	16:12:52	00061637038TRLO0	LSE
452	320.50	16:15:02	00061637195TRLO0	LSE
780	320.50	16:15:42	00061637258TRLO0	LSE
346	320.50	16:19:23	00061637530TRLO0	LSE
24	320.50	16:22:04	00061637789TRLO0	LSE
1983	320.50	16:22:04	00061637790TRLO0	LSE
2179	320.50	16:22:04	00061637791TRLO0	LSE
2024	320.50	16:22:04	00061637792TRLO0	LSE
2119	320.50	16:22:04	00061637793TRLO0	LSE
2099	320.50	16:22:04	00061637794TRLO0	LSE
139	320.50	16:22:04	00061637795TRLO0	LSE
1515	320.50	16:22:04	00061637796TRLO0	LSE
538	320.50	16:22:04	00061637797TRLO0	LSE
273	320.50	16:26:04	00061638077TRLO0	LSE
2744	320.50	16:26:04	00061638078TRLO0	LSE
778	320.50	16:26:05	00061638079TRLO0	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