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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

25 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 25 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

: 60,000

Weighted average purchase price paid

: 370.0844 pence per share

Highest purchase price paid

: 372 pence per share

Lowest purchase price paid

: 366.5 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 15,586,710 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 230,504,713 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 25 November 2022)

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

368

368.00

08:20:22

00062353348TRLO0

LSE

150

368.00

08:20:22

00062353349TRLO0

LSE

300

368.00

08:20:22

00062353350TRLO0

LSE

90

368.00

08:20:22

00062353351TRLO0

LSE

600

368.00

08:20:22

00062353352TRLO0

LSE

826

368.00

08:20:22

00062353353TRLO0

LSE

264

368.00

09:27:01

00062355242TRLO0

LSE

1765

368.00

09:27:01

00062355243TRLO0

LSE

2

367.50

09:43:03

00062355610TRLO0

LSE

2130

367.50

09:43:03

00062355611TRLO0

LSE

99

366.50

10:10:27

00062356361TRLO0

LSE

517

366.50

10:10:27

00062356362TRLO0

LSE

763

366.50

10:10:27

00062356363TRLO0

LSE

2998

369.00

14:07:43

00062363593TRLO0

LSE

644

370.00

14:28:00

00062364294TRLO0

LSE

82

370.00

14:28:00

00062364295TRLO0

LSE

2822

370.00

14:28:00

00062364296TRLO0

LSE

504

370.50

14:28:49

00062364351TRLO0

LSE

1169

370.50

14:28:49

00062364352TRLO0

LSE

517

370.50

14:28:49

00062364353TRLO0

LSE

1350

370.50

14:28:49

00062364354TRLO0

LSE

150

370.50

14:28:49

00062364355TRLO0

LSE

2137

370.50

14:28:49

00062364356TRLO0

LSE

9429

370.50

14:28:49

00062364357TRLO0

LSE

3000

370.50

14:28:49

00062364358TRLO0

LSE

3000

370.50

14:28:49

00062364359TRLO0

LSE

520

370.50

14:28:49

00062364360TRLO0

LSE

150

370.00

14:28:49

00062364361TRLO0

LSE

1791

370.00

14:28:49

00062364362TRLO0

LSE

10

369.50

14:35:47

00062365134TRLO0

LSE

6

369.50

14:35:47

00062365135TRLO0

LSE

3

369.50

14:38:27

00062365327TRLO0

LSE

14

369.50

14:38:28

00062365331TRLO0

LSE

8

369.50

14:38:51

00062365360TRLO0

LSE

14

369.50

14:39:27

00062365404TRLO0

LSE

150

370.00

15:04:29

00062367243TRLO0

LSE

300

370.00

15:04:29

00062367244TRLO0

LSE

498

370.00

15:04:29

00062367245TRLO0

LSE

2002

370.00

15:04:29

00062367246TRLO0

LSE

1969

369.50

15:29:02

00062368584TRLO0

LSE

557

370.50

15:55:02

00062369972TRLO0

LSE

25

370.50

15:55:02

00062369973TRLO0

LSE

28

370.50

15:55:02

00062369974TRLO0

LSE

750

370.00

15:55:02

00062369975TRLO0

LSE

300

370.00

15:55:02

00062369976TRLO0

LSE

150

370.00

15:55:02

00062369977TRLO0

LSE

343

370.00

15:55:02

00062369978TRLO0

LSE

150

370.00

15:55:02

00062369979TRLO0

LSE

150

370.00

15:55:02

00062369980TRLO0

LSE

22

370.00

15:55:02

00062369981TRLO0

LSE

24

370.00

15:56:13

00062370058TRLO0

LSE

803

370.50

15:59:19

00062370276TRLO0

LSE

2233

370.50

15:59:19

00062370277TRLO0

LSE

391

370.50

15:59:19

00062370278TRLO0

LSE

1350

370.50

15:59:19

00062370279TRLO0

LSE

150

370.50

15:59:19

00062370280TRLO0

LSE

522

370.50

15:59:19

00062370281TRLO0

LSE

300

370.50

15:59:19

00062370282TRLO0

LSE

150

370.50

15:59:19

00062370283TRLO0

LSE

364

370.50

15:59:19

00062370284TRLO0

LSE

326

370.50

15:59:19

00062370285TRLO0

LSE

71

370.50

15:59:19

00062370286TRLO0

LSE

222

370.50

15:59:19

00062370287TRLO0

LSE

1

371.00

16:01:07

00062370623TRLO0

LSE

43

371.00

16:01:07

00062370624TRLO0

LSE

267

371.00

16:01:07

00062370625TRLO0

LSE

479

371.50

16:03:37

00062370987TRLO0

LSE

79

371.50

16:03:37

00062370988TRLO0

LSE

446

371.50

16:03:37

00062370989TRLO0

LSE

328

371.50

16:07:17

00062371337TRLO0

LSE

39

371.50

16:07:17

00062371338TRLO0

LSE

808

371.50

16:07:17

00062371339TRLO0

LSE

589

371.50

16:10:03

00062371605TRLO0

LSE

1578

372.00

16:12:17

00062371824TRLO0

LSE

504

372.00

16:12:17

00062371825TRLO0

LSE

583

372.00

16:12:17

00062371826TRLO0

LSE

436

372.00

16:12:17

00062371827TRLO0

LSE

768

372.00

16:13:27

00062371970TRLO0

LSE

16

372.00

16:13:27

00062371971TRLO0

LSE

544

372.00

16:13:27

00062371972TRLO0

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