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

22 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 22 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 :  80,000
Weighted average purchase price paid :  365.4246 pence per share
Highest purchase price paid :  367 pence per share
Lowest purchase price paid :  361.5 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 15,386,710 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 230,704,713 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 22 November 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
2179 361.50  08:24:21 00062276489TRLO0 LSE
2399 362.50  08:31:00 00062276980TRLO0 LSE
46 362.00  08:32:21 00062277095TRLO0 LSE
1224 362.00  08:32:21 00062277096TRLO0 LSE
800 362.00  08:32:21 00062277097TRLO0 LSE
254 362.00  08:32:21 00062277098TRLO0 LSE
2202 362.50  08:42:00 00062277489TRLO0 LSE
2360 366.00  09:09:42 00062278690TRLO0 LSE
2125 365.50  09:09:42 00062278691TRLO0 LSE
141 365.50  09:09:42 00062278692TRLO0 LSE
2328 364.00  09:12:06 00062278770TRLO0 LSE
137 366.00  10:10:10 00062281287TRLO0 LSE
2020 366.00  10:10:10 00062281288TRLO0 LSE
449 365.50  10:22:22 00062281729TRLO0 LSE
1708 365.50  10:22:22 00062281730TRLO0 LSE
62 365.50  10:22:22 00062281731TRLO0 LSE
1609 365.50  10:22:22 00062281732TRLO0 LSE
256 365.50  10:22:22 00062281733TRLO0 LSE
546 365.50  10:22:22 00062281734TRLO0 LSE
467 365.00  10:47:57 00062282875TRLO0 LSE
375 365.00  10:47:57 00062282876TRLO0 LSE
250 365.00  10:47:57 00062282877TRLO0 LSE
71 365.00  10:47:57 00062282878TRLO0 LSE
1282 365.00  10:47:57 00062282879TRLO0 LSE
125 365.00  11:14:34 00062284160TRLO0 LSE
1125 365.00  11:14:34 00062284161TRLO0 LSE
787 365.00  11:14:34 00062284162TRLO0 LSE
6 365.00  12:19:04 00062286894TRLO0 LSE
1 365.00  12:19:04 00062286895TRLO0 LSE
60 366.00  12:37:12 00062287485TRLO0 LSE
2408 366.00  12:37:12 00062287486TRLO0 LSE
580 365.50  12:56:13 00062288194TRLO0 LSE
1760 365.50  12:56:13 00062288195TRLO0 LSE
173 365.00  13:07:02 00062288641TRLO0 LSE
798 365.00  13:07:02 00062288642TRLO0 LSE
1120 365.00  13:07:02 00062288643TRLO0 LSE
201 365.00  13:07:02 00062288644TRLO0 LSE
249 365.00  13:07:02 00062288645TRLO0 LSE
332 365.00  13:07:02 00062288646TRLO0 LSE
567 365.50  13:36:29 00062289567TRLO0 LSE
441 365.50  13:36:29 00062289568TRLO0 LSE
276 365.50  13:36:29 00062289569TRLO0 LSE
584 366.00  13:58:02 00062290500TRLO0 LSE
116 366.00  13:58:02 00062290501TRLO0 LSE
78 366.00  13:58:02 00062290502TRLO0 LSE
2375 366.00  14:01:02 00062290625TRLO0 LSE
1416 366.00  14:16:02 00062291595TRLO0 LSE
761 366.00  14:16:02 00062291596TRLO0 LSE
128 366.00  14:16:02 00062291597TRLO0 LSE
3426 365.50  14:17:10 00062291738TRLO0 LSE
13 365.50  14:17:10 00062291739TRLO0 LSE
445 365.00  14:17:58 00062291831TRLO0 LSE
465 365.00  14:17:58 00062291832TRLO0 LSE
166 365.00  14:17:58 00062291833TRLO0 LSE
479 365.50  14:17:58 00062291834TRLO0 LSE
450 365.50  14:17:58 00062291835TRLO0 LSE
250 367.00  14:49:34 00062294485TRLO0 LSE
1934 367.00  14:49:34 00062294486TRLO0 LSE
269 367.00  14:54:12 00062294736TRLO0 LSE
300 367.00  14:54:12 00062294737TRLO0 LSE
267 367.00  14:54:12 00062294738TRLO0 LSE
398 367.00  14:54:12 00062294739TRLO0 LSE
649 367.00  14:54:12 00062294740TRLO0 LSE
782 366.50  14:54:12 00062294741TRLO0 LSE
1125 366.50  14:54:12 00062294742TRLO0 LSE
15 366.50  14:54:12 00062294743TRLO0 LSE
62 366.50  14:54:12 00062294744TRLO0 LSE
95 366.50  14:54:12 00062294745TRLO0 LSE
966 366.50  14:54:12 00062294746TRLO0 LSE
466 366.50  14:54:12 00062294747TRLO0 LSE
466 366.50  14:54:12 00062294748TRLO0 LSE
353 366.50  14:54:12 00062294749TRLO0 LSE
1029 367.00  14:54:12 00062294750TRLO0 LSE
226 367.00  14:54:12 00062294751TRLO0 LSE
529 367.00  14:54:12 00062294752TRLO0 LSE
485 367.00  14:54:12 00062294753TRLO0 LSE
23 367.00  14:54:12 00062294754TRLO0 LSE
481 367.00  14:54:12 00062294755TRLO0 LSE
344 366.50  15:18:33 00062296089TRLO0 LSE
959 366.50  15:18:33 00062296090TRLO0 LSE
213 366.50  15:18:33 00062296091TRLO0 LSE
497 366.50  15:18:33 00062296092TRLO0 LSE
481 366.50  15:18:33 00062296093TRLO0 LSE
20 366.00  15:22:23 00062296316TRLO0 LSE
1666 366.00  15:22:24 00062296317TRLO0 LSE
522 366.00  15:22:24 00062296318TRLO0 LSE
246 366.00  15:34:24 00062297135TRLO0 LSE
544 366.00  15:34:24 00062297136TRLO0 LSE
487 365.50  15:43:23 00062297883TRLO0 LSE
40 366.00  15:44:22 00062297955TRLO0 LSE
1420 366.00  15:44:23 00062297956TRLO0 LSE
889 366.00  15:44:23 00062297957TRLO0 LSE
1405 366.00  15:49:24 00062298356TRLO0 LSE
1002 366.00  15:49:24 00062298357TRLO0 LSE
592 365.50  15:54:57 00062298879TRLO0 LSE
587 366.00  15:58:06 00062299128TRLO0 LSE
185 366.00  15:58:06 00062299129TRLO0 LSE
1185 366.00  15:58:06 00062299130TRLO0 LSE
361 366.00  15:58:07 00062299132TRLO0 LSE
247 366.00  16:02:07 00062299418TRLO0 LSE
250 366.00  16:02:07 00062299419TRLO0 LSE
250 366.00  16:02:07 00062299420TRLO0 LSE
351 366.00  16:02:07 00062299421TRLO0 LSE
1305 366.00  16:02:07 00062299422TRLO0 LSE
1666 366.00  16:08:07 00062299831TRLO0 LSE
554 366.00  16:08:07 00062299832TRLO0 LSE
752 366.00  16:12:07 00062300077TRLO0 LSE
1344 366.00  16:12:08 00062300078TRLO0 LSE
4 366.00  16:16:45 00062300568TRLO0 LSE
1261 366.00  16:16:45 00062300569TRLO0 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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