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

6 October 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 6 October 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	:  310.1659 pence per share
Highest purchase price paid	:  312.5 pence per share
Lowest purchase price paid	:  308.5 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 11,929,625 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 234,161,798 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 6 October 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
383	312.50	08:30:06	00061427626TRLO0	LSE
1414	312.00	08:32:57	00061427804TRLO0	LSE
1004	312.00	08:32:57	00061427805TRLO0	LSE
2061	311.50	08:33:11	00061427829TRLO0	LSE
59	311.00	08:33:17	00061427851TRLO0	LSE
2023	311.00	08:33:17	00061427852TRLO0	LSE
452	309.50	09:09:51	00061429247TRLO0	LSE
1731	309.00	09:33:14	00061429873TRLO0	LSE
1456	309.00	10:10:04	00061431147TRLO0	LSE
317	309.50	10:27:04	00061431522TRLO0	LSE
1	310.50	10:28:52	00061431586TRLO0	LSE
160	310.50	10:28:55	00061431588TRLO0	LSE
600	310.50	10:28:55	00061431589TRLO0	LSE
600	310.50	10:28:55	00061431590TRLO0	LSE
222	310.50	10:30:24	00061431638TRLO0	LSE
23	310.50	10:30:39	00061431650TRLO0	LSE
167	310.50	10:32:04	00061431705TRLO0	LSE
221	311.00	10:37:08	00061431890TRLO0	LSE
2648	311.00	10:37:08	00061431891TRLO0	LSE
1246	311.00	10:37:08	00061431892TRLO0	LSE
1614	311.00	10:37:08	00061431893TRLO0	LSE
555	311.00	10:37:08	00061431894TRLO0	LSE
302	310.50	10:37:11	00061431895TRLO0	LSE
1744	310.50	10:47:13	00061432124TRLO0	LSE
435	310.00	10:55:13	00061432357TRLO0	LSE
52	310.00	10:55:13	00061432358TRLO0	LSE
452	309.50	10:59:32	00061432431TRLO0	LSE
1004	309.00	11:00:09	00061432463TRLO0	LSE
741	309.00	11:12:54	00061432889TRLO0	LSE
522	309.00	11:12:54	00061432890TRLO0	LSE
287	309.00	11:17:48	00061433044TRLO0	LSE
883	309.00	11:30:11	00061433371TRLO0	LSE
1739	309.00	11:30:11	00061433372TRLO0	LSE
169	309.00	11:30:36	00061433450TRLO0	LSE
1891	309.00	11:30:36	00061433451TRLO0	LSE
1790	309.50	11:53:07	00061434044TRLO0	LSE
1990	309.50	11:59:07	00061434209TRLO0	LSE
299	309.00	11:59:08	00061434210TRLO0	LSE
1974	309.00	11:59:08	00061434211TRLO0	LSE
709	309.00	12:07:08	00061434413TRLO0	LSE
47	309.00	12:07:08	00061434414TRLO0	LSE
1911	308.50	12:08:19	00061434436TRLO0	LSE
53	308.50	12:19:00	00061434701TRLO0	LSE
1799	308.50	12:19:00	00061434702TRLO0	LSE
24	308.50	12:19:00	00061434703TRLO0	LSE
358	309.00	12:35:34	00061435097TRLO0	LSE
499	309.00	12:35:34	00061435098TRLO0	LSE
38	309.00	12:38:41	00061435209TRLO0	LSE
124	309.00	12:38:41	00061435210TRLO0	LSE
547	309.00	12:38:41	00061435211TRLO0	LSE
13	310.50	13:29:32	00061437006TRLO0	LSE
1200	311.00	13:30:03	00061437048TRLO0	LSE
600	311.00	13:30:03	00061437049TRLO0	LSE
618	311.00	13:30:03	00061437050TRLO0	LSE
1800	311.00	13:30:03	00061437051TRLO0	LSE
57	311.00	13:30:03	00061437052TRLO0	LSE
1771	311.00	13:36:28	00061437431TRLO0	LSE
992	311.00	13:36:28	00061437432TRLO0	LSE
784	311.00	13:36:28	00061437433TRLO0	LSE
330	311.00	13:44:02	00061437788TRLO0	LSE
1482	311.00	13:44:02	00061437789TRLO0	LSE
2162	310.00	13:48:40	00061437971TRLO0	LSE
2068	310.50	14:12:45	00061438811TRLO0	LSE
433	310.50	14:12:45	00061438812TRLO0	LSE
505	310.00	14:18:21	00061438986TRLO0	LSE
47	310.00	14:21:44	00061439107TRLO0	LSE
1501	310.00	14:21:44	00061439108TRLO0	LSE
8	311.00	14:35:02	00061439779TRLO0	LSE
1902	311.50	14:43:13	00061440335TRLO0	LSE
1764	311.50	14:43:13	00061440336TRLO0	LSE
117	311.00	14:47:46	00061440575TRLO0	LSE
1800	311.00	14:47:46	00061440576TRLO0	LSE
121	311.00	14:47:46	00061440577TRLO0	LSE
835	311.00	14:55:12	00061441062TRLO0	LSE
908	311.00	14:55:12	00061441063TRLO0	LSE
1708	309.50	15:09:08	00061442144TRLO0	LSE
1947	309.50	15:11:52	00061442532TRLO0	LSE
422	309.50	15:21:45	00061443706TRLO0	LSE
522	309.50	15:21:45	00061443707TRLO0	LSE
413	309.50	15:28:59	00061444291TRLO0	LSE
600	309.50	15:28:59	00061444292TRLO0	LSE
413	309.50	15:28:59	00061444293TRLO0	LSE
601	309.50	15:29:01	00061444306TRLO0	LSE
1729	309.00	15:39:50	00061445202TRLO0	LSE
1069	309.50	15:56:52	00061446388TRLO0	LSE
82	310.50	16:01:32	00061446685TRLO0	LSE
88	310.50	16:01:32	00061446686TRLO0	LSE
443	310.50	16:01:32	00061446687TRLO0	LSE
543	310.50	16:01:32	00061446688TRLO0	LSE
452	310.50	16:02:02	00061446769TRLO0	LSE
452	310.50	16:02:12	00061446799TRLO0	LSE
524	310.50	16:02:12	00061446800TRLO0	LSE
452	310.50	16:03:52	00061447037TRLO0	LSE
320	310.50	16:03:52	00061447038TRLO0	LSE
1667	310.50	16:10:50	00061447657TRLO0	LSE
395	310.50	16:10:50	00061447658TRLO0	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