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

15 September 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 14 September 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 :  120,000
Weighted average purchase price paid :  322.7253 pence per share
Highest purchase price paid :  327.5 pence per share
Lowest purchase price paid :  317.5 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 10,121,618 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 235,969,805 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 14 September 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
448 326.00  08:16:49 00060992264TRLO0 LSE
1940 326.00  08:16:49 00060992265TRLO0 LSE
500 326.00  08:16:49 00060992266TRLO0 LSE
500 326.00  08:16:49 00060992267TRLO0 LSE
500 326.00  08:16:49 00060992268TRLO0 LSE
348 326.00  08:16:49 00060992269TRLO0 LSE
402 325.00  08:40:28 00060993396TRLO0 LSE
333 325.00  08:40:28 00060993397TRLO0 LSE
237 326.00  08:54:54 00060993650TRLO0 LSE
324 326.00  08:54:54 00060993651TRLO0 LSE
536 326.00  08:54:54 00060993652TRLO0 LSE
1514 325.50  08:58:51 00060993759TRLO0 LSE
41 325.50  08:58:51 00060993760TRLO0 LSE
1015 325.00  09:06:49 00060994491TRLO0 LSE
563 325.00  09:06:49 00060994492TRLO0 LSE
3978 327.50  09:51:05 00060996087TRLO0 LSE
500 327.50  09:55:41 00060996226TRLO0 LSE
162 327.50  09:55:41 00060996227TRLO0 LSE
946 327.50  09:55:41 00060996228TRLO0 LSE
337 327.50  09:59:00 00060996326TRLO0 LSE
274 327.50  09:59:00 00060996327TRLO0 LSE
99 327.50  09:59:11 00060996332TRLO0 LSE
425 327.50  09:59:11 00060996333TRLO0 LSE
536 327.50  09:59:11 00060996334TRLO0 LSE
506 327.50  09:59:11 00060996335TRLO0 LSE
1757 327.50  10:09:37 00060996703TRLO0 LSE
3265 327.50  10:09:37 00060996704TRLO0 LSE
1572 327.00  10:23:51 00060997094TRLO0 LSE
47 326.50  10:31:37 00060997391TRLO0 LSE
1535 326.50  10:31:37 00060997392TRLO0 LSE
1670 326.50  10:31:37 00060997393TRLO0 LSE
232 326.00  10:33:46 00060997505TRLO0 LSE
536 326.50  10:43:45 00060997880TRLO0 LSE
536 326.50  10:43:49 00060997884TRLO0 LSE
1911 326.50  11:23:57 00060999066TRLO0 LSE
1609 326.50  11:23:57 00060999067TRLO0 LSE
1500 326.50  11:23:57 00060999068TRLO0 LSE
141 326.50  11:23:57 00060999069TRLO0 LSE
457 326.00  11:24:00 00060999083TRLO0 LSE
500 326.00  11:24:00 00060999084TRLO0 LSE
273 326.00  11:24:00 00060999085TRLO0 LSE
444 326.00  11:24:00 00060999086TRLO0 LSE
2537 324.50  11:24:50 00060999107TRLO0 LSE
1816 325.50  11:40:02 00060999516TRLO0 LSE
199 325.00  11:41:06 00060999530TRLO0 LSE
400 325.00  11:41:06 00060999531TRLO0 LSE
1429 325.00  11:41:06 00060999532TRLO0 LSE
846 324.50  11:48:21 00060999815TRLO0 LSE
474 324.50  11:48:21 00060999816TRLO0 LSE
536 324.00  12:08:48 00061000372TRLO0 LSE
889 323.50  12:16:06 00061000676TRLO0 LSE
860 323.50  12:16:06 00061000677TRLO0 LSE
1891 323.00  12:26:18 00061001127TRLO0 LSE
1747 322.50  12:34:23 00061001416TRLO0 LSE
1886 320.50  12:53:13 00061002004TRLO0 LSE
780 319.50  13:06:12 00061002845TRLO0 LSE
907 319.50  13:08:27 00061002910TRLO0 LSE
67 319.50  13:09:10 00061002942TRLO0 LSE
402 319.00  13:23:32 00061003524TRLO0 LSE
536 319.00  13:25:32 00061003581TRLO0 LSE
1500 319.00  13:30:17 00061003700TRLO0 LSE
182 319.00  13:30:17 00061003701TRLO0 LSE
2017 318.50  13:32:52 00061003895TRLO0 LSE
46 318.50  13:32:52 00061003896TRLO0 LSE
254 318.00  13:33:10 00061003905TRLO0 LSE
500 318.00  13:33:10 00061003906TRLO0 LSE
1023 318.00  13:33:10 00061003907TRLO0 LSE
30 319.50  13:49:41 00061004668TRLO0 LSE
300 319.50  13:49:41 00061004670TRLO0 LSE
253 319.50  13:58:02 00061004955TRLO0 LSE
281 319.50  13:58:02 00061004956TRLO0 LSE
375 319.50  14:00:12 00061005069TRLO0 LSE
402 319.50  14:02:42 00061005171TRLO0 LSE
344 319.50  14:02:42 00061005172TRLO0 LSE
298 319.00  14:10:30 00061005486TRLO0 LSE
1338 319.00  14:10:30 00061005487TRLO0 LSE
586 319.00  14:10:30 00061005488TRLO0 LSE
1156 319.00  14:10:30 00061005489TRLO0 LSE
672 317.50  14:18:37 00061005949TRLO0 LSE
500 317.50  14:18:37 00061005950TRLO0 LSE
500 317.50  14:18:37 00061005951TRLO0 LSE
210 317.50  14:18:37 00061005952TRLO0 LSE
281 318.50  14:32:48 00061006568TRLO0 LSE
1065 318.50  14:33:07 00061006587TRLO0 LSE
261 318.50  14:33:07 00061006588TRLO0 LSE
524 318.50  14:33:13 00061006599TRLO0 LSE
516 318.50  14:33:13 00061006600TRLO0 LSE
399 318.50  14:33:25 00061006619TRLO0 LSE
1607 318.00  14:35:20 00061006784TRLO0 LSE
167 317.50  14:37:08 00061007061TRLO0 LSE
2167 317.50  14:37:08 00061007062TRLO0 LSE
5 319.50  14:47:05 00061007713TRLO0 LSE
455 319.50  14:47:05 00061007714TRLO0 LSE
14 319.50  14:47:05 00061007715TRLO0 LSE
550 319.50  14:47:05 00061007716TRLO0 LSE
157 319.50  14:47:40 00061007756TRLO0 LSE
233 319.50  14:48:10 00061007792TRLO0 LSE
500 319.50  14:48:10 00061007793TRLO0 LSE
245 319.50  14:48:10 00061007794TRLO0 LSE
500 319.50  14:48:10 00061007795TRLO0 LSE
225 319.50  14:48:10 00061007796TRLO0 LSE
138 320.00  14:57:25 00061008389TRLO0 LSE
33 320.00  14:57:25 00061008390TRLO0 LSE
23 320.00  14:57:30 00061008391TRLO0 LSE
139 320.00  14:57:30 00061008392TRLO0 LSE
22 320.00  14:57:45 00061008394TRLO0 LSE
21 320.00  14:57:55 00061008411TRLO0 LSE
504 320.00  14:57:55 00061008412TRLO0 LSE
77 320.50  15:02:20 00061008696TRLO0 LSE
1694 320.50  15:03:47 00061008771TRLO0 LSE
1747 320.50  15:03:47 00061008772TRLO0 LSE
1901 320.00  15:06:42 00061008917TRLO0 LSE
1855 320.00  15:13:39 00061009276TRLO0 LSE
513 320.00  15:14:55 00061009353TRLO0 LSE
245 320.00  15:14:55 00061009354TRLO0 LSE
901 320.00  15:14:55 00061009355TRLO0 LSE
111 320.00  15:14:55 00061009356TRLO0 LSE
11 319.50  15:22:05 00061009828TRLO0 LSE
5 319.50  15:22:05 00061009829TRLO0 LSE
517 319.50  15:22:05 00061009830TRLO0 LSE
483 319.50  15:22:05 00061009831TRLO0 LSE
5 319.50  15:22:05 00061009832TRLO0 LSE
11 319.50  15:22:15 00061009868TRLO0 LSE
1282 320.50  15:25:27 00061010176TRLO0 LSE
536 320.50  15:25:30 00061010182TRLO0 LSE
536 320.50  15:25:34 00061010190TRLO0 LSE
402 320.50  15:26:14 00061010257TRLO0 LSE
536 320.50  15:26:25 00061010316TRLO0 LSE
941 320.00  15:27:00 00061010361TRLO0 LSE
718 320.00  15:27:00 00061010362TRLO0 LSE
1716 320.00  15:29:35 00061010607TRLO0 LSE
536 320.50  15:32:57 00061010799TRLO0 LSE
1822 322.50  15:42:20 00061011384TRLO0 LSE
1557 323.00  15:49:31 00061011848TRLO0 LSE
1658 323.00  15:49:31 00061011849TRLO0 LSE
1856 323.00  15:49:31 00061011850TRLO0 LSE
3001 322.50  15:50:27 00061011917TRLO0 LSE
25 322.50  15:55:41 00061012262TRLO0 LSE
155 322.50  15:56:04 00061012280TRLO0 LSE
155 322.50  15:56:53 00061012327TRLO0 LSE
3 323.00  15:59:58 00061012480TRLO0 LSE
35 323.00  15:59:58 00061012481TRLO0 LSE
656 323.00  16:00:06 00061012493TRLO0 LSE
424 323.00  16:00:10 00061012497TRLO0 LSE
427 323.00  16:00:10 00061012498TRLO0 LSE
536 323.00  16:02:07 00061012728TRLO0 LSE
276 323.00  16:02:07 00061012729TRLO0 LSE
809 323.00  16:02:07 00061012730TRLO0 LSE
276 323.00  16:02:07 00061012731TRLO0 LSE
1255 322.50  16:02:15 00061012737TRLO0 LSE
1022 322.50  16:04:45 00061012840TRLO0 LSE
590 322.50  16:04:45 00061012841TRLO0 LSE
1183 322.50  16:04:45 00061012842TRLO0 LSE
120 322.00  16:09:17 00061013129TRLO0 LSE
32 322.50  16:12:40 00061013276TRLO0 LSE
155 322.50  16:13:10 00061013305TRLO0 LSE
1605 322.50  16:13:10 00061013306TRLO0 LSE
1560 322.50  16:13:10 00061013307TRLO0 LSE
536 322.50  16:13:43 00061013362TRLO0 LSE
1911 322.50  16:18:16 00061013683TRLO0 LSE
652 322.50  16:18:16 00061013684TRLO0 LSE
912 322.50  16:18:16 00061013685TRLO0 LSE
243 322.50  16:20:16 00061013848TRLO0 LSE
605 322.50  16:20:16 00061013849TRLO0 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    +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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