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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

2 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 1 August 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

: 366.279 pence per share

Highest purchase price paid

: 368.5 pence per share

Lowest purchase price paid

: 363.5 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 7,031,189 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 239,060,234, 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 1 August 2022)

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

270

367.50

08:16:54

00060315558TRLO0

LSE

184

367.50

08:16:54

00060315559TRLO0

LSE

1901

367.50

08:42:02

00060316407TRLO0

LSE

1932

367.50

08:42:02

00060316408TRLO0

LSE

992

368.00

08:57:23

00060316990TRLO0

LSE

943

368.00

08:57:23

00060316991TRLO0

LSE

3562

368.00

08:57:23

00060316992TRLO0

LSE

1861

367.50

11:26:17

00060323611TRLO0

LSE

143

368.50

13:08:56

00060326820TRLO0

LSE

171

368.50

13:08:56

00060326821TRLO0

LSE

400

368.50

13:08:56

00060326822TRLO0

LSE

2258

368.50

13:08:56

00060326823TRLO0

LSE

171

368.50

13:08:56

00060326824TRLO0

LSE

143

368.50

13:08:56

00060326825TRLO0

LSE

400

368.50

13:08:56

00060326826TRLO0

LSE

171

368.50

13:08:56

00060326827TRLO0

LSE

143

368.50

13:08:56

00060326828TRLO0

LSE

151

368.50

13:08:56

00060326829TRLO0

LSE

339

368.50

13:19:30

00060327144TRLO0

LSE

1824

368.50

13:19:30

00060327145TRLO0

LSE

1074

368.00

13:19:45

00060327156TRLO0

LSE

600

368.00

13:19:45

00060327157TRLO0

LSE

920

368.00

13:19:45

00060327158TRLO0

LSE

3091

368.00

13:19:45

00060327159TRLO0

LSE

527

368.00

13:19:45

00060327160TRLO0

LSE

171

368.00

13:19:45

00060327161TRLO0

LSE

206

368.00

13:19:45

00060327162TRLO0

LSE

339

368.00

13:19:45

00060327163TRLO0

LSE

2217

366.50

13:59:29

00060328600TRLO0

LSE

2720

366.00

14:02:01

00060328792TRLO0

LSE

1991

365.50

14:30:55

00060330412TRLO0

LSE

2461

365.00

14:30:55

00060330413TRLO0

LSE

17

364.50

14:33:31

00060330703TRLO0

LSE

895

364.50

14:33:31

00060330704TRLO0

LSE

394

364.50

14:35:01

00060330782TRLO0

LSE

207

364.50

14:35:01

00060330783TRLO0

LSE

1504

363.50

14:57:16

00060332285TRLO0

LSE

499

363.50

14:57:16

00060332286TRLO0

LSE

1854

363.50

14:57:16

00060332287TRLO0

LSE

1865

363.50

14:57:16

00060332288TRLO0

LSE

395

363.50

14:57:16

00060332289TRLO0

LSE

221

365.50

15:11:52

00060333254TRLO0

LSE

210

365.50

15:11:52

00060333255TRLO0

LSE

1915

365.50

15:15:18

00060333589TRLO0

LSE

1819

365.50

15:15:18

00060333590TRLO0

LSE

1996

365.00

15:17:30

00060333753TRLO0

LSE

691

365.00

15:17:30

00060333754TRLO0

LSE

600

364.50

15:28:25

00060334386TRLO0

LSE

1056

364.50

15:28:25

00060334387TRLO0

LSE

386

364.50

15:28:25

00060334388TRLO0

LSE

392

364.00

15:35:11

00060335653TRLO0

LSE

1186

364.00

15:35:11

00060335654TRLO0

LSE

367

364.00

15:35:11

00060335655TRLO0

LSE

579

365.50

15:46:06

00060336904TRLO0

LSE

1578

365.50

15:46:06

00060336905TRLO0

LSE

2057

366.00

16:03:04

00060339081TRLO0

LSE

2226

366.00

16:04:04

00060339152TRLO0

LSE

815

365.50

16:12:26

00060340163TRLO0

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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