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

23 December 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 December 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	:  57,319
Weighted average purchase price paid	:  420.533 pence per share
Highest purchase price paid	:  424 pence per share
Lowest purchase price paid	:  417 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 16,877,571 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 229,213,852 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 December 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
303	421.00	08:19:53	00062866829TRLO0	LSE
588	421.00	08:24:43	00062867021TRLO0	LSE
1502	420.00	08:29:51	00062867144TRLO0	LSE
712	421.00	08:43:31	00062867572TRLO0	LSE
263	421.00	08:43:31	00062867573TRLO0	LSE
23	421.50	08:43:58	00062867581TRLO0	LSE
314	421.50	08:43:58	00062867582TRLO0	LSE
314	421.50	08:43:58	00062867583TRLO0	LSE
607	421.50	08:43:58	00062867584TRLO0	LSE
1000	421.50	08:46:13	00062867656TRLO0	LSE
313	421.50	08:46:13	00062867657TRLO0	LSE
1473	423.50	08:50:52	00062867755TRLO0	LSE
1376	423.00	08:54:52	00062867854TRLO0	LSE
16	423.00	08:54:52	00062867855TRLO0	LSE
424	423.50	08:54:52	00062867856TRLO0	LSE
1013	423.50	08:54:52	00062867857TRLO0	LSE
1590	424.00	08:59:05	00062868017TRLO0	LSE
846	424.00	08:59:05	00062868019TRLO0	LSE
435	424.00	08:59:05	00062868022TRLO0	LSE
186	424.00	08:59:05	00062868025TRLO0	LSE
243	424.00	08:59:05	00062868027TRLO0	LSE
415	424.00	09:00:36	00062868140TRLO0	LSE
1048	424.00	09:00:36	00062868141TRLO0	LSE
2138	424.00	09:10:43	00062868578TRLO0	LSE
827	424.00	09:10:43	00062868579TRLO0	LSE
1480	422.00	09:35:20	00062869245TRLO0	LSE
1497	421.00	09:58:20	00062869775TRLO0	LSE
336	421.00	09:58:20	00062869776TRLO0	LSE
1499	420.50	10:19:35	00062870821TRLO0	LSE
1231	421.50	10:44:07	00062871491TRLO0	LSE
1255	421.00	11:04:35	00062872108TRLO0	LSE
1331	420.00	11:23:50	00062872738TRLO0	LSE
1459	419.50	12:09:53	00062874098TRLO0	LSE
414	419.50	12:09:53	00062874099TRLO0	LSE
409	419.50	12:09:53	00062874100TRLO0	LSE
976	419.50	12:26:30	00062874498TRLO0	LSE
50	419.50	12:26:30	00062874499TRLO0	LSE
400	419.50	12:26:30	00062874500TRLO0	LSE
1353	419.00	12:51:03	00062875012TRLO0	LSE
56	419.00	12:51:03	00062875013TRLO0	LSE
116	418.50	12:53:28	00062875092TRLO0	LSE
1000	418.50	12:58:28	00062875200TRLO0	LSE
217	418.50	12:58:28	00062875201TRLO0	LSE
708	418.50	13:46:21	00062876795TRLO0	LSE
207	418.50	13:46:21	00062876796TRLO0	LSE
345	418.50	13:46:21	00062876797TRLO0	LSE
1886	418.00	13:51:07	00062877176TRLO0	LSE
1000	418.50	14:25:09	00062878456TRLO0	LSE
271	418.50	14:25:09	00062878457TRLO0	LSE
92	418.50	14:25:09	00062878458TRLO0	LSE
1299	418.50	14:33:19	00062879101TRLO0	LSE
547	418.00	14:33:19	00062879102TRLO0	LSE
364	418.50	14:33:19	00062879103TRLO0	LSE
500	418.00	14:39:10	00062879511TRLO0	LSE
234	418.00	14:39:10	00062879512TRLO0	LSE
654	418.00	14:39:10	00062879513TRLO0	LSE
701	418.00	14:39:10	00062879514TRLO0	LSE
288	418.50	14:53:18	00062880244TRLO0	LSE
240	419.50	15:01:17	00062880805TRLO0	LSE
648	419.50	15:01:17	00062880806TRLO0	LSE
618	419.50	15:01:17	00062880807TRLO0	LSE
1277	418.50	15:02:04	00062880869TRLO0	LSE
1	418.50	15:02:04	00062880870TRLO0	LSE
6	419.50	15:06:55	00062881195TRLO0	LSE
862	419.50	15:06:55	00062881196TRLO0	LSE
576	420.00	15:10:59	00062881364TRLO0	LSE
100	420.00	15:10:59	00062881365TRLO0	LSE
746	420.00	15:10:59	00062881366TRLO0	LSE
1232	419.50	15:13:21	00062881538TRLO0	LSE
10	419.50	15:14:21	00062881620TRLO0	LSE
30	419.50	15:14:21	00062881621TRLO0	LSE
52	419.50	15:14:21	00062881622TRLO0	LSE
605	420.00	15:17:23	00062881841TRLO0	LSE
10	419.50	15:20:02	00062881912TRLO0	LSE
533	419.50	15:22:25	00062882003TRLO0	LSE
1	419.50	15:22:25	00062882004TRLO0	LSE
761	419.50	15:22:25	00062882005TRLO0	LSE
26	419.50	15:22:25	00062882006TRLO0	LSE
660	419.50	15:29:25	00062882352TRLO0	LSE
472	419.50	15:30:13	00062882403TRLO0	LSE
256	419.50	15:30:13	00062882404TRLO0	LSE
401	419.50	15:36:02	00062882756TRLO0	LSE
400	419.50	15:36:02	00062882757TRLO0	LSE
614	420.00	15:42:04	00062883348TRLO0	LSE
777	420.00	15:42:04	00062883349TRLO0	LSE
487	419.50	15:45:19	00062883582TRLO0	LSE
250	419.50	15:45:19	00062883583TRLO0	LSE
1201	419.50	15:45:19	00062883584TRLO0	LSE
4	419.50	15:55:10	00062884137TRLO0	LSE
65	419.00	16:02:16	00062884604TRLO0	LSE
313	419.00	16:02:16	00062884605TRLO0	LSE
157	419.00	16:02:16	00062884606TRLO0	LSE
598	419.00	16:02:16	00062884607TRLO0	LSE
177	418.50	16:11:01	00062884967TRLO0	LSE
9	417.00	16:20:41	00062885601TRLO0	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    [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