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 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 18 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 :  357.9804 pence per share
Highest purchase price paid :  360 pence per share
Lowest purchase price paid :  355 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 15,226,710 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 230,864,713 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 18 November 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
492 357.00  08:06:08 00062236028TRLO0 LSE
2031 355.50  08:10:38 00062236112TRLO0 LSE
191 355.00  08:10:39 00062236113TRLO0 LSE
1776 357.00  08:47:42 00062236923TRLO0 LSE
199 357.00  08:47:42 00062236924TRLO0 LSE
30000 357.00  09:24:59 00062237837TRLO0 LSE
2276 357.50  09:39:24 00062238219TRLO0 LSE
16 357.00  10:01:01 00062238880TRLO0 LSE
125 357.00  10:01:01 00062238881TRLO0 LSE
375 357.00  10:01:01 00062238882TRLO0 LSE
500 357.00  10:01:01 00062238883TRLO0 LSE
343 357.00  10:01:01 00062238884TRLO0 LSE
663 357.00  10:01:01 00062238885TRLO0 LSE
437 357.00  10:10:03 00062239550TRLO0 LSE
1333 357.00  10:10:03 00062239551TRLO0 LSE
875 357.00  10:10:03 00062239552TRLO0 LSE
280 357.50  10:12:38 00062239598TRLO0 LSE
839 357.50  10:12:38 00062239599TRLO0 LSE
800 357.50  10:12:48 00062239601TRLO0 LSE
690 359.00  10:21:38 00062240173TRLO0 LSE
259 359.00  10:21:38 00062240174TRLO0 LSE
506 359.00  10:29:55 00062240388TRLO0 LSE
125 359.00  10:29:55 00062240389TRLO0 LSE
89 359.00  10:29:55 00062240390TRLO0 LSE
125 359.00  10:29:55 00062240391TRLO0 LSE
1281 359.00  10:29:55 00062240392TRLO0 LSE
1085 358.50  10:39:11 00062240820TRLO0 LSE
59 358.50  10:39:11 00062240821TRLO0 LSE
116 358.50  10:39:11 00062240822TRLO0 LSE
878 358.50  10:39:11 00062240823TRLO0 LSE
5 358.50  10:39:11 00062240824TRLO0 LSE
482 358.50  10:39:11 00062240825TRLO0 LSE
982 358.50  10:39:11 00062240826TRLO0 LSE
482 358.50  10:39:11 00062240827TRLO0 LSE
399 358.50  10:39:11 00062240828TRLO0 LSE
325 359.00  10:55:19 00062241547TRLO0 LSE
838 359.00  10:55:19 00062241548TRLO0 LSE
528 360.00  11:14:37 00062242432TRLO0 LSE
500 360.00  11:14:37 00062242433TRLO0 LSE
1258 360.00  11:14:37 00062242434TRLO0 LSE
607 359.00  11:14:59 00062242446TRLO0 LSE
125 359.00  11:22:59 00062242603TRLO0 LSE
375 359.00  11:22:59 00062242604TRLO0 LSE
273 359.00  11:22:59 00062242605TRLO0 LSE
125 359.00  11:22:59 00062242606TRLO0 LSE
500 359.00  11:22:59 00062242607TRLO0 LSE
48 359.00  11:22:59 00062242608TRLO0 LSE
2363 358.00  11:51:48 00062243463TRLO0 LSE
1518 358.00  11:51:48 00062243464TRLO0 LSE
106 358.00  13:10:48 00062245309TRLO0 LSE
624 358.50  13:19:49 00062245589TRLO0 LSE
624 358.50  13:19:49 00062245590TRLO0 LSE
875 358.00  13:20:13 00062245606TRLO0 LSE
625 358.00  13:20:13 00062245607TRLO0 LSE
250 358.00  13:20:13 00062245608TRLO0 LSE
125 358.00  13:20:13 00062245609TRLO0 LSE
330 358.00  13:20:13 00062245610TRLO0 LSE
1821 358.00  13:34:13 00062246058TRLO0 LSE
397 358.00  13:34:13 00062246059TRLO0 LSE
906 358.00  13:34:13 00062246060TRLO0 LSE
624 358.00  13:34:13 00062246061TRLO0 LSE
220 357.50  13:47:33 00062246448TRLO0 LSE
625 357.50  13:47:33 00062246449TRLO0 LSE
280 357.50  13:47:33 00062246450TRLO0 LSE
1252 357.50  13:47:33 00062246451TRLO0 LSE
149 358.50  14:21:17 00062247697TRLO0 LSE
583 358.50  14:21:17 00062247698TRLO0 LSE
240 358.50  14:21:17 00062247699TRLO0 LSE
2000 358.50  14:23:41 00062247786TRLO0 LSE
992 358.50  14:23:41 00062247787TRLO0 LSE
769 358.50  14:25:07 00062247822TRLO0 LSE
867 358.50  14:25:07 00062247823TRLO0 LSE
867 358.50  14:25:07 00062247824TRLO0 LSE
196 358.50  14:25:07 00062247825TRLO0 LSE
773 358.50  14:25:08 00062247826TRLO0 LSE
567 358.50  14:25:08 00062247827TRLO0 LSE
567 358.50  14:25:08 00062247828TRLO0 LSE
567 358.50  14:25:08 00062247829TRLO0 LSE
567 358.50  14:25:19 00062247832TRLO0 LSE
761 358.50  14:25:19 00062247833TRLO0 LSE
567 358.50  14:27:19 00062247904TRLO0 LSE
921 358.50  14:27:19 00062247905TRLO0 LSE
2170 358.00  14:32:00 00062248139TRLO0 LSE
289 358.00  14:32:00 00062248140TRLO0 LSE
883 358.50  14:49:14 00062248825TRLO0 LSE
527 358.50  14:49:19 00062248832TRLO0 LSE
257 358.50  14:49:19 00062248833TRLO0 LSE
776 358.50  14:49:19 00062248834TRLO0 LSE
831 358.50  14:49:20 00062248835TRLO0 LSE
910 358.50  14:59:39 00062249216TRLO0 LSE
642 358.50  14:59:39 00062249217TRLO0 LSE
790 358.50  14:59:39 00062249218TRLO0 LSE
175 358.50  14:59:39 00062249219TRLO0 LSE
902 358.50  15:08:01 00062249615TRLO0 LSE
136 359.00  15:30:25 00062250497TRLO0 LSE
118 359.00  15:30:25 00062250498TRLO0 LSE
2851 359.00  15:30:25 00062250499TRLO0 LSE
2274 359.00  15:33:25 00062250656TRLO0 LSE
894 359.50  15:42:14 00062250969TRLO0 LSE
200 359.50  15:42:14 00062250972TRLO0 LSE
270 359.50  15:42:14 00062250973TRLO0 LSE
184 359.50  15:42:14 00062250975TRLO0 LSE
142 359.50  15:42:14 00062250976TRLO0 LSE
272 359.50  15:42:14 00062250977TRLO0 LSE
147 359.50  15:42:14 00062250980TRLO0 LSE
270 359.50  15:42:14 00062250982TRLO0 LSE
547 359.50  15:42:14 00062250986TRLO0 LSE
200 359.50  15:42:14 00062250987TRLO0 LSE
269 359.50  15:42:14 00062250988TRLO0 LSE
894 359.50  15:42:14 00062250989TRLO0 LSE
1532 359.00  15:45:20 00062251101TRLO0 LSE
383 359.00  15:45:20 00062251102TRLO0 LSE
221 359.00  15:45:20 00062251103TRLO0 LSE
186 359.00  15:53:20 00062251476TRLO0 LSE
500 359.00  15:53:20 00062251477TRLO0 LSE
761 359.00  15:53:20 00062251478TRLO0 LSE
407 359.00  15:53:20 00062251479TRLO0 LSE
117 359.00  16:04:48 00062252079TRLO0 LSE
881 359.00  16:04:48 00062252080TRLO0 LSE
3344 359.00  16:18:48 00062252699TRLO0 LSE
641 359.00  16:18:48 00062252700TRLO0 LSE
73 359.00  16:18:48 00062252701TRLO0 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    +44 (0) 207 466 5000

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

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