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Redde Northgate Plc - 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

27 October 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 27 October 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

: 105,000

Weighted average purchase price paid

: 333.3034 pence per share

Highest purchase price paid

: 335 pence per share

Lowest purchase price paid

: 330.5 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 13,536,303 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 232,555,120 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 27 October 2022)

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

1313

330.50

08:19:05

00061798276TRLO0

LSE

850

330.50

08:19:05

00061798275TRLO0

LSE

321

331.50

08:46:30

00061799620TRLO0

LSE

1175

334.00

08:57:32

00061800598TRLO0

LSE

1200

334.00

08:57:32

00061800597TRLO0

LSE

746

334.00

08:57:32

00061800602TRLO0

LSE

215

334.00

08:57:32

00061800601TRLO0

LSE

600

334.00

08:57:32

00061800600TRLO0

LSE

454

334.00

08:57:32

00061800599TRLO0

LSE

6

333.50

08:57:37

00061800606TRLO0

LSE

6

333.50

08:59:53

00061800759TRLO0

LSE

600

333.50

09:05:59

00061801121TRLO0

LSE

718

333.50

09:05:59

00061801122TRLO0

LSE

24

333.50

09:06:31

00061801154TRLO0

LSE

32

333.50

09:07:13

00061801194TRLO0

LSE

371

333.50

09:07:59

00061801247TRLO0

LSE

24

333.50

09:07:59

00061801246TRLO0

LSE

259

333.50

09:07:59

00061801248TRLO0

LSE

2216

333.50

09:42:48

00061803378TRLO0

LSE

2384

333.00

09:56:37

00061803929TRLO0

LSE

181

333.00

09:56:37

00061803932TRLO0

LSE

437

333.00

09:56:37

00061803931TRLO0

LSE

538

333.00

09:56:37

00061803930TRLO0

LSE

2021

333.00

11:04:57

00061807463TRLO0

LSE

35000

333.00

11:08:09

00061807564TRLO0

LSE

2025

333.00

11:34:00

00061808744TRLO0

LSE

10

331.00

11:45:15

00061809158TRLO0

LSE

8

331.00

11:45:35

00061809171TRLO0

LSE

2382

331.00

11:59:25

00061809654TRLO0

LSE

2411

331.50

13:15:18

00061811889TRLO0

LSE

212

331.50

13:17:15

00061812080TRLO0

LSE

569

331.50

13:17:15

00061812083TRLO0

LSE

715

331.50

13:17:15

00061812082TRLO0

LSE

600

331.50

13:17:15

00061812081TRLO0

LSE

639

331.50

13:19:14

00061812168TRLO0

LSE

751

331.50

13:19:15

00061812171TRLO0

LSE

122

331.50

13:19:15

00061812170TRLO0

LSE

630

331.50

13:19:24

00061812184TRLO0

LSE

2239

333.00

13:38:43

00061813039TRLO0

LSE

1826

333.00

13:50:58

00061813687TRLO0

LSE

179

333.00

13:50:58

00061813686TRLO0

LSE

1357

332.50

13:51:23

00061813725TRLO0

LSE

198

332.50

13:51:23

00061813724TRLO0

LSE

6

332.50

13:51:23

00061813723TRLO0

LSE

826

332.50

13:51:23

00061813722TRLO0

LSE

3

334.50

14:33:31

00061816302TRLO0

LSE

3045

335.00

14:35:24

00061816430TRLO0

LSE

4

335.00

14:35:24

00061816432TRLO0

LSE

276

335.00

14:35:24

00061816431TRLO0

LSE

2181

335.00

14:35:24

00061816433TRLO0

LSE

5

335.00

14:36:41

00061816509TRLO0

LSE

2785

334.50

14:39:45

00061816668TRLO0

LSE

509

334.50

14:39:45

00061816667TRLO0

LSE

495

334.50

14:39:45

00061816670TRLO0

LSE

571

334.50

14:39:45

00061816669TRLO0

LSE

33

334.00

14:41:01

00061816757TRLO0

LSE

1422

334.00

14:41:01

00061816759TRLO0

LSE

642

334.00

14:41:01

00061816758TRLO0

LSE

172

333.50

14:45:36

00061817103TRLO0

LSE

715

333.50

14:45:36

00061817102TRLO0

LSE

453

333.50

14:45:36

00061817104TRLO0

LSE

145

333.50

14:46:28

00061817191TRLO0

LSE

915

333.50

14:46:28

00061817190TRLO0

LSE

2323

333.00

15:16:47

00061819383TRLO0

LSE

2054

333.00

15:16:47

00061819382TRLO0

LSE

118

335.00

15:32:41

00061820357TRLO0

LSE

689

335.00

15:32:41

00061820356TRLO0

LSE

226

335.00

15:32:41

00061820358TRLO0

LSE

326

335.00

15:32:41

00061820359TRLO0

LSE

1217

335.00

15:33:31

00061820388TRLO0

LSE

174

335.00

15:36:31

00061820599TRLO0

LSE

1784

335.00

15:36:31

00061820598TRLO0

LSE

2008

335.00

15:40:31

00061820809TRLO0

LSE

1159

334.50

15:42:05

00061820879TRLO0

LSE

799

334.50

15:42:05

00061820880TRLO0

LSE

584

334.00

15:42:28

00061820912TRLO0

LSE

1

334.00

15:42:28

00061820913TRLO0

LSE

469

334.00

15:42:31

00061820914TRLO0

LSE

582

334.00

15:42:35

00061820917TRLO0

LSE

20

334.00

15:42:55

00061820934TRLO0

LSE

12

334.00

15:43:08

00061820992TRLO0

LSE

13

334.00

15:43:08

00061820993TRLO0

LSE

1

334.00

15:51:08

00061821417TRLO0

LSE

496

334.00

15:57:36

00061821779TRLO0

LSE

191

334.00

15:58:58

00061821881TRLO0

LSE

1200

334.00

15:58:58

00061821880TRLO0

LSE

883

334.00

15:58:58

00061821879TRLO0

LSE

842

334.50

16:12:41

00061822854TRLO0

LSE

8

334.50

16:12:41

00061822853TRLO0

LSE

591

334.50

16:12:41

00061822852TRLO0

LSE

824

334.50

16:12:41

00061822851TRLO0

LSE

1639

334.50

16:12:41

00061822850TRLO0

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