Transaction in Own Shares

22 July 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 21 July 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	:  50,000
Weighted average purchase price paid	:  372.7814 pence per share
Highest purchase price paid	:  376 pence per share
Lowest purchase price paid	:  368 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 6,516,189 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 239,575,234, 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 21 July 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1163	373.00	08:27:45	00060140633TRLO0	LSE
784	373.00	08:27:45	00060140632TRLO0	LSE
2213	372.50	08:27:45	00060140634TRLO0	LSE
1976	372.00	08:29:31	00060140748TRLO0	LSE
527	370.00	08:42:23	00060141635TRLO0	LSE
700	370.00	08:42:23	00060141634TRLO0	LSE
700	370.00	08:42:23	00060141633TRLO0	LSE
2146	368.50	09:20:49	00060144128TRLO0	LSE
1847	368.00	09:27:35	00060144486TRLO0	LSE
701	369.00	09:41:36	00060145506TRLO0	LSE
1318	369.00	09:41:36	00060145507TRLO0	LSE
1919	371.50	10:17:19	00060147632TRLO0	LSE
28	374.00	11:37:53	00060151688TRLO0	LSE
3455	375.00	11:42:21	00060151932TRLO0	LSE
1818	375.00	11:45:00	00060152097TRLO0	LSE
434	375.00	11:45:00	00060152096TRLO0	LSE
315	375.00	12:16:44	00060153389TRLO0	LSE
59	375.00	12:16:53	00060153393TRLO0	LSE
787	376.00	12:53:41	00060154615TRLO0	LSE
1877	376.00	12:53:41	00060154621TRLO0	LSE
179	376.00	12:53:41	00060154620TRLO0	LSE
1023	376.00	12:53:41	00060154619TRLO0	LSE
2082	376.00	12:53:41	00060154624TRLO0	LSE
2033	376.00	13:27:09	00060156128TRLO0	LSE
1513	375.00	13:53:09	00060156957TRLO0	LSE
780	375.00	13:53:09	00060156956TRLO0	LSE
827	373.00	14:16:57	00060157888TRLO0	LSE
330	373.00	14:16:57	00060157887TRLO0	LSE
503	373.00	14:16:57	00060157886TRLO0	LSE
420	372.50	14:30:38	00060158836TRLO0	LSE
63	372.50	14:30:38	00060158835TRLO0	LSE
404	372.50	14:30:38	00060158834TRLO0	LSE
700	372.50	14:30:38	00060158833TRLO0	LSE
707	372.00	14:34:23	00060159073TRLO0	LSE
40	372.00	14:34:23	00060159072TRLO0	LSE
50	372.00	14:34:23	00060159071TRLO0	LSE
169	372.00	14:34:23	00060159070TRLO0	LSE
1048	372.00	14:34:23	00060159069TRLO0	LSE
1344	371.50	14:45:15	00060159948TRLO0	LSE
507	371.50	14:45:15	00060159947TRLO0	LSE
1533	371.50	15:13:50	00060162226TRLO0	LSE
413	371.50	15:13:50	00060162225TRLO0	LSE
700	372.00	15:25:55	00060163134TRLO0	LSE
161	371.50	15:25:55	00060163135TRLO0	LSE
114	371.00	15:30:47	00060163518TRLO0	LSE
785	371.00	15:31:14	00060163549TRLO0	LSE
488	371.00	15:33:29	00060163709TRLO0	LSE
1711	372.50	15:49:06	00060165236TRLO0	LSE
290	372.50	15:49:06	00060165235TRLO0	LSE
700	373.50	15:57:18	00060165980TRLO0	LSE
593	373.50	15:57:18	00060165979TRLO0	LSE
92	373.50	15:57:18	00060165978TRLO0	LSE
132	373.50	15:57:18	00060165977TRLO0	LSE
324	373.50	15:57:18	00060165976TRLO0	LSE
521	373.00	16:05:13	00060166608TRLO0	LSE
700	373.00	16:05:13	00060166607TRLO0	LSE
512	372.50	16:06:01	00060166682TRLO0	LSE
716	372.50	16:06:01	00060166681TRLO0	LSE
26	372.00	16:10:23	00060167092TRLO0	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