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

10 November 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 10 November 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	:  70,000
Weighted average purchase price paid	:  355.6332 pence per share
Highest purchase price paid	:  360.5 pence per share
Lowest purchase price paid	:  350.5 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 14,596,710 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 231,494,713 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 10 November 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
2370	350.50	08:21:13	00062055377TRLO0	LSE
2927	353.00	08:45:13	00062056668TRLO0	LSE
2352	353.00	08:58:03	00062057327TRLO0	LSE
1727	354.00	09:45:01	00062059249TRLO0	LSE
26	354.00	09:45:01	00062059250TRLO0	LSE
1399	354.00	09:45:01	00062059251TRLO0	LSE
451	354.00	09:45:01	00062059252TRLO0	LSE
116	354.00	09:45:01	00062059253TRLO0	LSE
1166	353.50	09:54:35	00062059691TRLO0	LSE
1234	353.50	09:54:35	00062059692TRLO0	LSE
810	353.00	10:48:17	00062062069TRLO0	LSE
1467	353.00	10:48:17	00062062070TRLO0	LSE
1329	354.00	10:58:49	00062062360TRLO0	LSE
1926	354.00	10:58:49	00062062361TRLO0	LSE
442	353.50	10:58:49	00062062362TRLO0	LSE
323	353.50	10:58:49	00062062363TRLO0	LSE
319	353.50	10:58:49	00062062364TRLO0	LSE
1046	353.50	10:58:49	00062062365TRLO0	LSE
30	353.00	10:58:54	00062062376TRLO0	LSE
58	353.00	10:58:54	00062062377TRLO0	LSE
2	353.00	11:00:41	00062062740TRLO0	LSE
2	353.00	11:00:41	00062062741TRLO0	LSE
1077	353.00	11:00:41	00062062742TRLO0	LSE
2070	353.00	11:00:41	00062062743TRLO0	LSE
1086	353.00	11:00:41	00062062744TRLO0	LSE
5	353.00	11:00:41	00062062745TRLO0	LSE
2167	353.00	11:00:41	00062062746TRLO0	LSE
2007	353.50	12:01:09	00062065424TRLO0	LSE
2137	354.00	12:12:19	00062065725TRLO0	LSE
1669	353.50	12:12:26	00062065736TRLO0	LSE
625	353.50	12:13:26	00062065766TRLO0	LSE
2411	353.00	12:14:06	00062065782TRLO0	LSE
639	353.00	12:44:41	00062066755TRLO0	LSE
1645	353.00	12:44:41	00062066756TRLO0	LSE
2354	359.50	13:38:39	00062070982TRLO0	LSE
2358	359.00	13:39:22	00062071112TRLO0	LSE
1054	358.50	13:39:30	00062071137TRLO0	LSE
173	359.00	13:41:27	00062071409TRLO0	LSE
2117	359.00	13:41:27	00062071410TRLO0	LSE
2343	358.50	13:52:02	00062072724TRLO0	LSE
2261	356.00	14:10:55	00062074297TRLO0	LSE
2258	354.50	14:38:46	00062076696TRLO0	LSE
423	357.00	14:53:12	00062077841TRLO0	LSE
388	357.00	14:53:12	00062077842TRLO0	LSE
500	357.00	14:53:12	00062077843TRLO0	LSE
340	357.00	14:53:12	00062077844TRLO0	LSE
405	357.00	14:53:12	00062077847TRLO0	LSE
201	360.50	15:09:16	00062079666TRLO0	LSE
1500	360.50	15:09:16	00062079667TRLO0	LSE
295	360.50	15:09:16	00062079668TRLO0	LSE
2008	359.50	15:21:03	00062080678TRLO0	LSE
707	360.50	15:38:14	00062082435TRLO0	LSE
1000	360.00	15:38:14	00062082436TRLO0	LSE
1004	360.00	15:38:14	00062082437TRLO0	LSE
2053	359.50	15:40:04	00062082604TRLO0	LSE
339	360.00	15:40:04	00062082605TRLO0	LSE
1487	360.00	15:40:04	00062082606TRLO0	LSE
55	360.00	15:40:04	00062082607TRLO0	LSE
364	360.00	15:40:04	00062082608TRLO0	LSE
450	359.50	16:01:40	00062084864TRLO0	LSE
804	359.50	16:01:40	00062084865TRLO0	LSE
1699	360.00	16:13:38	00062086203TRLO0	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