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 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 6 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 :  60,000
Weighted average purchase price paid :  376.115 pence per share
Highest purchase price paid :  379 pence per share
Lowest purchase price paid :  374 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 16,101,710 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 229,989,713 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 December 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
505 376.50  08:22:02 00062545258TRLO0 LSE
15 376.50  08:22:02 00062545259TRLO0 LSE
145 376.50  08:22:27 00062545268TRLO0 LSE
301 376.50  08:22:35 00062545277TRLO0 LSE
1000 376.50  08:23:00 00062545302TRLO0 LSE
520 376.50  08:23:00 00062545303TRLO0 LSE
458 376.00  08:24:45 00062545376TRLO0 LSE
1198 376.00  08:24:46 00062545377TRLO0 LSE
526 376.00  08:24:46 00062545378TRLO0 LSE
1936 375.00  08:28:33 00062545508TRLO0 LSE
100 378.50  10:15:48 00062550396TRLO0 LSE
983 378.50  10:15:48 00062550397TRLO0 LSE
34 378.50  10:15:48 00062550398TRLO0 LSE
184 378.50  10:15:48 00062550399TRLO0 LSE
162 378.50  10:16:26 00062550412TRLO0 LSE
1937 378.50  10:16:26 00062550413TRLO0 LSE
566 379.00  10:16:26 00062550414TRLO0 LSE
406 379.00  10:16:26 00062550415TRLO0 LSE
389 379.00  10:16:26 00062550416TRLO0 LSE
472 379.00  10:16:26 00062550417TRLO0 LSE
2099 378.00  10:16:26 00062550418TRLO0 LSE
386 377.50  10:23:04 00062550714TRLO0 LSE
500 377.50  10:23:04 00062550715TRLO0 LSE
500 377.50  10:23:04 00062550716TRLO0 LSE
500 377.50  10:23:04 00062550717TRLO0 LSE
262 377.50  10:23:04 00062550718TRLO0 LSE
416 376.50  10:28:44 00062551072TRLO0 LSE
500 376.50  10:28:44 00062551073TRLO0 LSE
1095 376.50  10:28:44 00062551074TRLO0 LSE
1347 375.50  11:12:30 00062553588TRLO0 LSE
648 375.50  11:12:30 00062553589TRLO0 LSE
441 377.00  12:30:30 00062557739TRLO0 LSE
12 377.00  12:30:30 00062557740TRLO0 LSE
2114 376.50  12:52:36 00062558646TRLO0 LSE
411 376.50  13:07:11 00062559247TRLO0 LSE
500 376.50  13:07:11 00062559248TRLO0 LSE
1000 376.50  13:07:11 00062559249TRLO0 LSE
81 376.50  13:07:11 00062559250TRLO0 LSE
386 376.50  13:12:01 00062559441TRLO0 LSE
1787 376.50  13:12:01 00062559442TRLO0 LSE
786 376.00  13:35:50 00062560684TRLO0 LSE
1000 376.00  13:35:50 00062560685TRLO0 LSE
165 376.00  13:35:50 00062560686TRLO0 LSE
365 376.00  13:54:12 00062561541TRLO0 LSE
700 376.00  13:54:12 00062561542TRLO0 LSE
400 376.00  13:54:12 00062561543TRLO0 LSE
558 376.00  13:54:15 00062561546TRLO0 LSE
734 376.00  14:00:10 00062561827TRLO0 LSE
102 376.00  14:00:10 00062561828TRLO0 LSE
733 376.00  14:00:11 00062561831TRLO0 LSE
2089 374.50  14:01:42 00062561995TRLO0 LSE
563 374.50  14:02:44 00062562041TRLO0 LSE
1827 374.50  14:02:44 00062562042TRLO0 LSE
90 374.00  14:31:22 00062563367TRLO0 LSE
700 374.00  14:43:03 00062564198TRLO0 LSE
545 374.00  14:43:03 00062564199TRLO0 LSE
529 374.00  14:43:03 00062564200TRLO0 LSE
966 374.00  14:43:03 00062564201TRLO0 LSE
884 374.00  14:43:03 00062564202TRLO0 LSE
424 376.50  14:54:04 00062565413TRLO0 LSE
874 376.00  14:54:04 00062565414TRLO0 LSE
181 376.00  14:54:04 00062565415TRLO0 LSE
1212 376.00  14:54:04 00062565416TRLO0 LSE
345 376.00  14:54:12 00062565423TRLO0 LSE
424 376.00  14:54:12 00062565424TRLO0 LSE
327 376.00  14:54:12 00062565425TRLO0 LSE
345 376.00  14:54:30 00062565446TRLO0 LSE
667 376.00  14:54:30 00062565447TRLO0 LSE
97 376.00  14:55:30 00062565546TRLO0 LSE
345 376.00  14:55:30 00062565547TRLO0 LSE
345 376.50  14:57:34 00062565674TRLO0 LSE
340 376.50  15:01:20 00062565871TRLO0 LSE
93 376.50  15:01:20 00062565872TRLO0 LSE
133 376.00  15:02:13 00062565928TRLO0 LSE
1806 376.00  15:02:13 00062565929TRLO0 LSE
420 375.00  15:20:56 00062567394TRLO0 LSE
2039 375.50  15:36:26 00062568345TRLO0 LSE
1084 375.00  15:36:30 00062568350TRLO0 LSE
66 375.00  15:36:30 00062568351TRLO0 LSE
241 375.00  15:36:30 00062568352TRLO0 LSE
474 375.00  15:36:30 00062568353TRLO0 LSE
494 375.50  15:36:30 00062568354TRLO0 LSE
394 375.50  15:36:30 00062568355TRLO0 LSE
202 375.50  15:57:47 00062569705TRLO0 LSE
25 375.50  15:59:19 00062569810TRLO0 LSE
34 375.50  16:00:59 00062569930TRLO0 LSE
7 376.00  16:01:28 00062569970TRLO0 LSE
679 376.00  16:01:28 00062569971TRLO0 LSE
196 376.00  16:01:28 00062569972TRLO0 LSE
30 376.00  16:01:28 00062569973TRLO0 LSE
236 376.00  16:01:28 00062569974TRLO0 LSE
406 376.00  16:01:28 00062569975TRLO0 LSE
233 376.00  16:02:10 00062570043TRLO0 LSE
579 376.00  16:02:10 00062570044TRLO0 LSE
408 376.00  16:03:15 00062570112TRLO0 LSE
343 376.00  16:04:36 00062570226TRLO0 LSE
31 376.00  16:04:36 00062570227TRLO0 LSE
390 376.00  16:08:36 00062570681TRLO0 LSE
397 376.00  16:10:36 00062570842TRLO0 LSE
428 376.00  16:10:36 00062570843TRLO0 LSE
1648 376.00  16:10:36 00062570844TRLO0 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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