Transaction in Own Shares

30 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 27 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	:  40,384
Weighted average purchase price paid	:  370.9091 pence per share
Highest purchase price paid	:  375 pence per share
Lowest purchase price paid	:  365 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 3,584,210 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 242,507,213, 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 27 May 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1764	365.00	08:47:24	00059165089TRLO0	LSE
1000	365.50	08:53:30	00059165601TRLO0	LSE
474	365.50	08:53:30	00059165602TRLO0	LSE
2607	365.50	09:03:07	00059166263TRLO0	LSE
145	365.50	09:03:07	00059166265TRLO0	LSE
125	365.00	09:03:16	00059166277TRLO0	LSE
500	365.00	09:03:16	00059166276TRLO0	LSE
500	365.00	09:03:16	00059166275TRLO0	LSE
368	365.00	09:03:16	00059166274TRLO0	LSE
1340	365.50	09:05:18	00059166441TRLO0	LSE
1622	365.00	09:05:25	00059166455TRLO0	LSE
954	369.00	09:25:00	00059167500TRLO0	LSE
407	369.00	09:25:00	00059167501TRLO0	LSE
282	369.00	09:25:00	00059167502TRLO0	LSE
954	369.00	09:25:00	00059167503TRLO0	LSE
400	369.00	09:25:00	00059167504TRLO0	LSE
1162	369.00	09:25:00	00059167505TRLO0	LSE
327	369.00	09:25:00	00059167506TRLO0	LSE
14	372.00	09:42:38	00059168649TRLO0	LSE
441	372.00	09:42:38	00059168650TRLO0	LSE
1069	372.00	09:42:38	00059168651TRLO0	LSE
1763	371.50	09:42:38	00059168652TRLO0	LSE
187	371.00	09:42:38	00059168653TRLO0	LSE
1565	372.50	09:52:30	00059169076TRLO0	LSE
830	371.50	10:19:02	00059170762TRLO0	LSE
809	371.50	10:19:02	00059170761TRLO0	LSE
962	373.50	11:41:26	00059174193TRLO0	LSE
756	373.50	11:41:26	00059174194TRLO0	LSE
816	373.50	11:41:26	00059174195TRLO0	LSE
667	375.00	12:01:28	00059175143TRLO0	LSE
657	375.00	12:01:28	00059175144TRLO0	LSE
724	374.50	12:02:14	00059175170TRLO0	LSE
600	374.50	12:02:14	00059175169TRLO0	LSE
1624	374.00	12:02:24	00059175183TRLO0	LSE
711	374.00	12:02:26	00059175185TRLO0	LSE
1532	373.50	12:02:39	00059175195TRLO0	LSE
1490	375.00	12:52:41	00059176912TRLO0	LSE
941	373.00	13:31:11	00059178272TRLO0	LSE
485	373.00	13:31:11	00059178271TRLO0	LSE
1426	373.00	14:11:48	00059180723TRLO0	LSE
1366	374.50	14:35:29	00059182626TRLO0	LSE
400	375.00	14:55:36	00059184684TRLO0	LSE
369	375.00	14:55:36	00059184685TRLO0	LSE
500	375.00	14:57:36	00059184907TRLO0	LSE
267	375.00	14:58:16	00059184950TRLO0	LSE
500	375.00	14:58:33	00059184970TRLO0	LSE
500	375.00	14:59:59	00059185177TRLO0	LSE
1482	375.00	15:09:34	00059185917TRLO0	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  [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