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Redde Northgate Plc - Transaction in Own Shares

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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

1 August 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 29 July 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

: 75,000

Weighted average purchase price paid

: 366.5437 pence per share

Highest purchase price paid

: 368.5 pence per share

Lowest purchase price paid

: 365 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 6,971,189 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 239,120,234, 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 29 July 2022)

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

1549

368.50

08:41:38

00060289841TRLO0

LSE

600

368.50

08:41:38

00060289840TRLO0

LSE

2224

367.50

08:41:38

00060289842TRLO0

LSE

2244

368.00

08:51:06

00060290354TRLO0

LSE

2219

368.50

09:05:25

00060291095TRLO0

LSE

326

368.00

09:14:22

00060291482TRLO0

LSE

759

368.00

09:15:30

00060291568TRLO0

LSE

413

368.00

09:15:30

00060291569TRLO0

LSE

382

368.00

09:20:14

00060291847TRLO0

LSE

932

368.00

09:20:14

00060291848TRLO0

LSE

1757

368.00

09:20:14

00060291849TRLO0

LSE

1400

367.00

09:31:54

00060292388TRLO0

LSE

459

367.00

09:31:54

00060292389TRLO0

LSE

1836

367.00

10:01:31

00060293817TRLO0

LSE

528

367.00

10:01:31

00060293818TRLO0

LSE

757

367.00

10:01:31

00060293819TRLO0

LSE

1376

367.00

10:01:31

00060293820TRLO0

LSE

1091

366.00

10:02:00

00060293828TRLO0

LSE

1824

367.00

10:45:57

00060296138TRLO0

LSE

212

367.00

10:58:58

00060296871TRLO0

LSE

2060

367.00

11:11:19

00060297143TRLO0

LSE

977

367.00

11:11:19

00060297144TRLO0

LSE

487

367.00

11:11:19

00060297145TRLO0

LSE

931

366.00

11:11:22

00060297148TRLO0

LSE

1280

366.00

11:11:22

00060297149TRLO0

LSE

2017

366.00

12:05:07

00060299534TRLO0

LSE

2212

366.00

12:05:07

00060299535TRLO0

LSE

465

366.00

12:48:07

00060301026TRLO0

LSE

1709

366.00

12:48:07

00060301027TRLO0

LSE

1915

365.50

12:54:42

00060301310TRLO0

LSE

2187

365.00

12:54:42

00060301311TRLO0

LSE

1381

365.50

13:18:15

00060302385TRLO0

LSE

89

365.50

13:18:15

00060302386TRLO0

LSE

537

365.50

13:18:15

00060302387TRLO0

LSE

578

366.00

13:18:15

00060302388TRLO0

LSE

133

366.00

13:18:15

00060302389TRLO0

LSE

472

365.00

13:34:37

00060303172TRLO0

LSE

1382

365.00

13:34:37

00060303173TRLO0

LSE

1437

365.50

14:04:00

00060304584TRLO0

LSE

722

365.50

14:04:00

00060304585TRLO0

LSE

1589

365.00

14:18:41

00060305390TRLO0

LSE

498

365.00

14:18:41

00060305391TRLO0

LSE

34

365.00

14:18:41

00060305392TRLO0

LSE

142

365.00

14:18:41

00060305393TRLO0

LSE

5

365.00

14:18:41

00060305394TRLO0

LSE

1200

365.50

14:32:55

00060306281TRLO0

LSE

816

365.50

14:32:55

00060306282TRLO0

LSE

1007

365.50

14:40:55

00060306795TRLO0

LSE

950

365.50

14:40:55

00060306796TRLO0

LSE

2236

365.50

14:47:05

00060307253TRLO0

LSE

245

365.50

15:00:59

00060307932TRLO0

LSE

461

365.50

15:00:59

00060307933TRLO0

LSE

600

365.50

15:00:59

00060307934TRLO0

LSE

902

365.50

15:00:59

00060307935TRLO0

LSE

2008

366.50

15:13:35

00060308737TRLO0

LSE

41

366.50

15:13:35

00060308738TRLO0

LSE

2231

366.50

15:19:35

00060309098TRLO0

LSE

1942

366.00

15:23:33

00060309370TRLO0

LSE

1839

366.00

15:35:04

00060310153TRLO0

LSE

553

366.50

15:42:45

00060310752TRLO0

LSE

229

366.50

15:42:45

00060310753TRLO0

LSE

535

366.50

15:42:45

00060310754TRLO0

LSE

594

366.50

15:42:45

00060310755TRLO0

LSE

29

366.50

15:42:45

00060310756TRLO0

LSE

159

366.50

15:42:45

00060310757TRLO0

LSE

1344

366.50

15:43:15

00060310792TRLO0

LSE

600

368.00

15:56:53

00060311951TRLO0

LSE

1325

368.00

15:56:53

00060311952TRLO0

LSE

2055

367.50

15:59:59

00060312195TRLO0

LSE

159

367.50

16:07:15

00060312711TRLO0

LSE

484

367.50

16:07:15

00060312712TRLO0

LSE

901

367.50

16:07:15

00060312713TRLO0

LSE

536

367.00

16:08:38

00060312776TRLO0

LSE

892

367.00

16:16:03

00060313263TRLO0

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 +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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