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 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 17 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	:  110,000
Weighted average purchase price paid	:  350.4148 pence per share
Highest purchase price paid	:  354 pence per share
Lowest purchase price paid	:  349 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 15,116,710 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 230,974,713 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 17 November 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
2350	351.00	08:54:28	00062215182TRLO0	LSE
2461	351.00	08:54:28	00062215181TRLO0	LSE
2622	351.00	08:54:28	00062215180TRLO0	LSE
2252	350.50	08:58:03	00062215402TRLO0	LSE
266	350.50	08:58:06	00062215408TRLO0	LSE
2278	350.00	08:58:08	00062215409TRLO0	LSE
2244	349.00	08:58:20	00062215418TRLO0	LSE
2274	350.00	09:11:12	00062215962TRLO0	LSE
30000	350.00	09:12:44	00062216017TRLO0	LSE
30	349.50	09:32:48	00062216748TRLO0	LSE
533	349.50	09:32:48	00062216749TRLO0	LSE
452	349.50	09:32:48	00062216750TRLO0	LSE
500	349.50	09:32:48	00062216751TRLO0	LSE
807	349.50	09:32:48	00062216752TRLO0	LSE
900	349.50	09:47:43	00062217258TRLO0	LSE
477	349.50	09:47:43	00062217259TRLO0	LSE
215	349.50	09:51:41	00062217435TRLO0	LSE
633	349.50	09:51:41	00062217437TRLO0	LSE
19	349.50	10:50:28	00062219395TRLO0	LSE
1151	349.50	10:50:28	00062219396TRLO0	LSE
190	349.50	10:50:28	00062219397TRLO0	LSE
994	349.50	10:50:28	00062219398TRLO0	LSE
418	349.50	10:58:42	00062219665TRLO0	LSE
1000	349.50	10:58:42	00062219666TRLO0	LSE
500	349.50	10:58:42	00062219667TRLO0	LSE
125	349.50	10:58:42	00062219668TRLO0	LSE
2426	350.00	11:51:23	00062221667TRLO0	LSE
551	349.50	11:51:27	00062221670TRLO0	LSE
3475	350.00	12:04:21	00062222182TRLO0	LSE
759	350.50	12:04:21	00062222183TRLO0	LSE
623	350.50	12:04:21	00062222184TRLO0	LSE
2240	350.00	12:04:32	00062222191TRLO0	LSE
10000	350.00	12:06:25	00062222293TRLO0	LSE
2198	350.00	12:40:51	00062223468TRLO0	LSE
909	349.50	13:07:33	00062224704TRLO0	LSE
1055	349.50	13:07:33	00062224705TRLO0	LSE
270	349.50	13:07:33	00062224706TRLO0	LSE
1142	349.50	13:11:39	00062224915TRLO0	LSE
323	349.50	13:11:39	00062224916TRLO0	LSE
759	349.50	13:11:39	00062224917TRLO0	LSE
2906	350.00	14:16:29	00062227177TRLO0	LSE
836	350.00	14:16:31	00062227188TRLO0	LSE
603	350.00	14:16:31	00062227189TRLO0	LSE
1983	350.00	14:33:31	00062227961TRLO0	LSE
2271	350.00	14:35:03	00062228105TRLO0	LSE
1390	350.00	14:36:30	00062228314TRLO0	LSE
1363	350.00	14:36:30	00062228315TRLO0	LSE
824	353.00	15:21:16	00062230528TRLO0	LSE
625	353.00	15:25:31	00062230762TRLO0	LSE
250	353.00	15:25:31	00062230763TRLO0	LSE
125	353.00	15:25:31	00062230764TRLO0	LSE
178	353.00	15:25:31	00062230765TRLO0	LSE
502	353.00	15:25:31	00062230766TRLO0	LSE
125	353.00	15:25:31	00062230767TRLO0	LSE
125	353.00	15:25:31	00062230768TRLO0	LSE
781	353.00	15:25:31	00062230769TRLO0	LSE
125	353.00	15:25:31	00062230770TRLO0	LSE
68	353.00	15:25:31	00062230771TRLO0	LSE
321	353.00	15:25:31	00062230772TRLO0	LSE
500	353.00	15:25:31	00062230773TRLO0	LSE
1628	353.00	15:25:31	00062230774TRLO0	LSE
947	352.50	15:25:35	00062230780TRLO0	LSE
619	352.50	15:25:35	00062230781TRLO0	LSE
102	352.50	15:25:35	00062230782TRLO0	LSE
711	352.50	15:25:35	00062230783TRLO0	LSE
1115	352.50	15:35:32	00062231400TRLO0	LSE
285	352.50	16:03:45	00062232834TRLO0	LSE
47	352.50	16:03:45	00062232835TRLO0	LSE
457	352.50	16:03:45	00062232836TRLO0	LSE
390	352.50	16:03:45	00062232837TRLO0	LSE
875	352.50	16:03:45	00062232838TRLO0	LSE
865	352.50	16:03:45	00062232839TRLO0	LSE
82	352.50	16:04:31	00062232878TRLO0	LSE
121	352.50	16:04:31	00062232879TRLO0	LSE
86	352.50	16:07:46	00062233056TRLO0	LSE
463	352.50	16:07:46	00062233057TRLO0	LSE
376	352.50	16:07:46	00062233058TRLO0	LSE
601	352.50	16:07:46	00062233059TRLO0	LSE
207	352.50	16:07:46	00062233060TRLO0	LSE
551	353.00	16:13:36	00062233366TRLO0	LSE
183	353.00	16:13:36	00062233367TRLO0	LSE
4	353.00	16:13:37	00062233368TRLO0	LSE
453	354.00	16:18:40	00062233680TRLO0	LSE
510	354.00	16:18:40	00062233681TRLO0	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