Transaction in Own Shares

27 May 2022

REDDE NORTHGATE PLC

(“Redde Northgate” or the “Group” or the “Company”)

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 26 May 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 :  100,000
Weighted average purchase price paid :  368.4688 pence per share
Highest purchase price paid :  369.5 pence per share
Lowest purchase price paid :  367 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 3,543,826 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 242,547,597, 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 26 May 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
32 368.00  08:48:49 00059137630TRLO0 LSE
1316 368.00  08:48:49 00059137629TRLO0 LSE
429 368.00  08:48:49 00059137628TRLO0 LSE
1658 368.00  08:48:49 00059137631TRLO0 LSE
298 368.00  08:48:49 00059137632TRLO0 LSE
331 368.00  08:48:49 00059137635TRLO0 LSE
496 368.00  08:48:49 00059137634TRLO0 LSE
496 368.00  08:48:49 00059137633TRLO0 LSE
801 368.50  09:03:31 00059138111TRLO0 LSE
500 368.50  09:03:31 00059138112TRLO0 LSE
17 368.50  09:03:31 00059138113TRLO0 LSE
25000 368.50  09:13:30 00059138417TRLO0 LSE
1247 368.00  09:22:49 00059138704TRLO0 LSE
237 368.00  09:22:49 00059138703TRLO0 LSE
95 368.00  09:25:49 00059138758TRLO0 LSE
913 368.00  09:25:49 00059138760TRLO0 LSE
500 368.00  09:25:49 00059138759TRLO0 LSE
660 369.00  10:24:03 00059140599TRLO0 LSE
220 369.00  10:24:03 00059140601TRLO0 LSE
184 369.00  10:24:03 00059140602TRLO0 LSE
515 369.00  10:24:03 00059140603TRLO0 LSE
356 369.00  10:24:03 00059140605TRLO0 LSE
184 369.00  10:24:03 00059140607TRLO0 LSE
356 369.00  10:24:03 00059140609TRLO0 LSE
184 369.00  10:24:03 00059140611TRLO0 LSE
356 369.00  10:24:03 00059140613TRLO0 LSE
184 369.00  10:24:03 00059140616TRLO0 LSE
356 369.00  10:24:03 00059140619TRLO0 LSE
184 369.00  10:24:03 00059140620TRLO0 LSE
356 369.00  10:24:03 00059140622TRLO0 LSE
184 369.00  10:24:03 00059140624TRLO0 LSE
356 369.00  10:24:03 00059140626TRLO0 LSE
184 369.00  10:24:03 00059140629TRLO0 LSE
356 369.00  10:24:03 00059140630TRLO0 LSE
184 369.00  10:24:03 00059140633TRLO0 LSE
356 369.00  10:24:03 00059140636TRLO0 LSE
184 369.00  10:24:03 00059140639TRLO0 LSE
351 369.00  10:24:03 00059140640TRLO0 LSE
220 369.00  10:24:03 00059140643TRLO0 LSE
184 369.00  10:24:03 00059140644TRLO0 LSE
515 369.00  10:24:03 00059140645TRLO0 LSE
261 369.50  10:24:40 00059140698TRLO0 LSE
117 369.50  10:24:40 00059140699TRLO0 LSE
658 369.50  10:24:40 00059140702TRLO0 LSE
121 369.50  10:24:40 00059140705TRLO0 LSE
146 369.50  10:24:40 00059140707TRLO0 LSE
341 369.50  10:24:40 00059140708TRLO0 LSE
97 369.50  10:24:40 00059140713TRLO0 LSE
213 369.50  10:24:40 00059140715TRLO0 LSE
146 369.50  10:24:40 00059140716TRLO0 LSE
121 369.50  10:24:40 00059140717TRLO0 LSE
341 369.50  10:24:40 00059140719TRLO0 LSE
1542 369.00  10:25:09 00059140745TRLO0 LSE
388 369.00  10:25:19 00059140776TRLO0 LSE
1072 369.00  10:25:20 00059140778TRLO0 LSE
694 368.50  10:25:21 00059140801TRLO0 LSE
1029 368.50  10:25:21 00059140802TRLO0 LSE
1614 368.50  10:29:23 00059140996TRLO0 LSE
739 368.50  10:29:23 00059140997TRLO0 LSE
105 368.00  10:29:26 00059140999TRLO0 LSE
894 368.00  10:29:26 00059141000TRLO0 LSE
392 369.00  10:49:32 00059141872TRLO0 LSE
392 369.00  10:49:32 00059141873TRLO0 LSE
173 369.00  10:49:32 00059141879TRLO0 LSE
334 369.00  10:49:32 00059141878TRLO0 LSE
173 369.00  10:49:32 00059141884TRLO0 LSE
334 369.00  10:49:32 00059141881TRLO0 LSE
173 369.00  10:49:40 00059141890TRLO0 LSE
334 369.00  10:49:40 00059141888TRLO0 LSE
393 369.00  10:49:40 00059141897TRLO0 LSE
140 369.00  10:49:40 00059141896TRLO0 LSE
168 369.00  10:49:40 00059141895TRLO0 LSE
758 369.00  10:49:40 00059141892TRLO0 LSE
466 368.00  11:29:20 00059142834TRLO0 LSE
463 368.00  11:35:56 00059142940TRLO0 LSE
1247 368.00  11:40:11 00059143053TRLO0 LSE
475 368.00  11:40:11 00059143052TRLO0 LSE
240 368.00  12:00:53 00059143553TRLO0 LSE
353 368.00  12:14:14 00059144021TRLO0 LSE
305 368.50  12:16:00 00059144175TRLO0 LSE
305 368.50  12:16:00 00059144174TRLO0 LSE
130 368.50  12:16:00 00059144172TRLO0 LSE
305 368.50  12:16:00 00059144180TRLO0 LSE
130 368.50  12:16:00 00059144179TRLO0 LSE
588 368.50  12:16:00 00059144178TRLO0 LSE
305 368.50  12:16:00 00059144189TRLO0 LSE
130 368.50  12:16:00 00059144188TRLO0 LSE
588 368.50  12:16:00 00059144184TRLO0 LSE
47 368.50  12:37:30 00059144977TRLO0 LSE
871 368.50  12:37:30 00059144976TRLO0 LSE
1 368.50  12:37:30 00059144975TRLO0 LSE
267 368.50  12:43:30 00059145229TRLO0 LSE
114 368.50  12:43:30 00059145228TRLO0 LSE
443 368.50  12:43:30 00059145227TRLO0 LSE
203 368.50  13:04:49 00059146489TRLO0 LSE
395 368.50  13:04:49 00059146488TRLO0 LSE
391 368.50  13:08:49 00059146624TRLO0 LSE
166 368.50  13:08:49 00059146622TRLO0 LSE
321 368.50  13:08:49 00059146621TRLO0 LSE
252 368.50  13:20:49 00059147299TRLO0 LSE
355 368.50  13:20:49 00059147298TRLO0 LSE
178 368.50  13:20:49 00059147296TRLO0 LSE
342 368.50  13:20:49 00059147294TRLO0 LSE
752 368.00  13:30:08 00059147777TRLO0 LSE
74 368.00  13:30:08 00059147774TRLO0 LSE
500 368.00  13:30:08 00059147772TRLO0 LSE
1369 368.00  13:30:09 00059147821TRLO0 LSE
327 367.00  14:05:35 00059149567TRLO0 LSE
500 367.00  14:05:35 00059149566TRLO0 LSE
637 367.00  14:05:35 00059149565TRLO0 LSE
306 367.50  14:18:51 00059150176TRLO0 LSE
326 367.50  14:18:51 00059150175TRLO0 LSE
892 367.50  14:18:51 00059150174TRLO0 LSE
249 368.50  14:31:54 00059151248TRLO0 LSE
481 368.50  14:31:54 00059151247TRLO0 LSE
230 368.50  14:31:54 00059151249TRLO0 LSE
115 368.50  14:31:54 00059151252TRLO0 LSE
367 368.50  14:31:54 00059151255TRLO0 LSE
115 368.50  14:31:54 00059151254TRLO0 LSE
481 368.50  14:31:54 00059151257TRLO0 LSE
115 368.50  14:31:54 00059151260TRLO0 LSE
384 368.50  14:31:54 00059151259TRLO0 LSE
115 368.50  14:34:54 00059151685TRLO0 LSE
161 368.50  14:35:00 00059151705TRLO0 LSE
309 368.50  14:35:00 00059151706TRLO0 LSE
400 368.50  14:36:00 00059151956TRLO0 LSE
471 368.50  14:36:00 00059151957TRLO0 LSE
471 368.50  14:36:00 00059151958TRLO0 LSE
471 368.50  14:36:00 00059151960TRLO0 LSE
471 368.50  14:36:00 00059151963TRLO0 LSE
471 368.50  14:36:00 00059151965TRLO0 LSE
302 368.50  14:38:02 00059152298TRLO0 LSE
129 368.50  14:38:02 00059152296TRLO0 LSE
581 368.50  14:38:02 00059152295TRLO0 LSE
305 368.50  14:44:10 00059153011TRLO0 LSE
589 368.50  14:44:10 00059153010TRLO0 LSE
771 368.50  14:44:10 00059153013TRLO0 LSE
1373 367.50  15:05:54 00059154249TRLO0 LSE
888 367.50  15:07:54 00059154336TRLO0 LSE
475 367.50  15:07:54 00059154335TRLO0 LSE
189 367.50  15:07:54 00059154334TRLO0 LSE
257 367.50  15:07:54 00059154333TRLO0 LSE
1356 368.00  15:24:22 00059155407TRLO0 LSE
329 368.50  15:25:35 00059155467TRLO0 LSE
162 368.50  15:25:35 00059155466TRLO0 LSE
135 368.50  15:25:35 00059155465TRLO0 LSE
731 368.50  15:25:35 00059155464TRLO0 LSE
725 368.50  15:32:18 00059155931TRLO0 LSE
654 368.50  15:32:35 00059155961TRLO0 LSE
311 369.00  15:36:23 00059156316TRLO0 LSE
630 369.00  15:36:23 00059156315TRLO0 LSE
225 369.00  15:36:23 00059156313TRLO0 LSE
270 369.00  15:36:23 00059156310TRLO0 LSE
206 369.00  15:42:23 00059156804TRLO0 LSE
397 369.00  15:42:23 00059156802TRLO0 LSE
351 369.00  15:45:24 00059157107TRLO0 LSE
316 369.00  15:45:24 00059157106TRLO0 LSE
135 369.00  15:45:24 00059157104TRLO0 LSE
113 369.00  15:45:24 00059157103TRLO0 LSE
71 369.00  15:45:24 00059157102TRLO0 LSE
556 368.50  15:51:09 00059157442TRLO0 LSE
500 368.50  15:51:09 00059157441TRLO0 LSE
521 368.50  15:51:09 00059157444TRLO0 LSE
1475 368.50  15:58:09 00059157919TRLO0 LSE
1476 368.50  16:03:09 00059158311TRLO0 LSE
474 368.00  16:06:29 00059158654TRLO0 LSE
452 368.50  16:10:46 00059159034TRLO0 LSE
556 368.50  16:10:46 00059159033TRLO0 LSE
356 368.50  16:10:46 00059159035TRLO0 LSE
120 369.00  16:17:40 00059159601TRLO0 LSE
710 369.00  16:17:40 00059159600TRLO0 LSE
304 369.00  16:17:40 00059159599TRLO0 LSE
1152 369.00  16:17:40 00059159598TRLO0 LSE
498 368.50  16:21:40 00059160104TRLO0 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/Tilly Abraham  +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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