UK Markets closed

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

11 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 11 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

: 367.3783 pence per share

Highest purchase price paid

: 369 pence per share

Lowest purchase price paid

: 365.5 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 14,666,710 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 231,424,713 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 11 November 2022)

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

415

368.00

08:31:23

00062092013TRLO0

LSE

1577

368.00

08:31:23

00062092012TRLO0

LSE

2071

368.00

08:31:23

00062092011TRLO0

LSE

2391

368.50

08:34:01

00062092314TRLO0

LSE

889

368.00

08:50:12

00062093743TRLO0

LSE

1558

368.00

08:50:12

00062093742TRLO0

LSE

1124

367.50

08:55:57

00062094267TRLO0

LSE

863

367.50

08:55:57

00062094266TRLO0

LSE

549

366.50

09:31:27

00062097593TRLO0

LSE

1846

366.50

09:31:27

00062097592TRLO0

LSE

1804

366.50

10:09:02

00062101277TRLO0

LSE

316

366.50

10:09:02

00062101276TRLO0

LSE

14

367.00

11:26:17

00062107576TRLO0

LSE

15

367.00

11:26:17

00062107575TRLO0

LSE

2408

367.00

11:28:29

00062107776TRLO0

LSE

2140

367.00

11:28:29

00062107775TRLO0

LSE

1127

367.00

11:35:01

00062108362TRLO0

LSE

856

367.00

11:35:01

00062108361TRLO0

LSE

503

366.50

12:09:56

00062110546TRLO0

LSE

1478

366.50

12:09:56

00062110545TRLO0

LSE

42

367.50

13:12:42

00062114451TRLO0

LSE

455

367.50

13:12:42

00062114454TRLO0

LSE

195

367.50

13:12:42

00062114453TRLO0

LSE

876

367.50

13:12:42

00062114452TRLO0

LSE

212

366.50

13:32:25

00062115592TRLO0

LSE

1000

366.50

13:32:25

00062115591TRLO0

LSE

1072

366.50

13:32:25

00062115590TRLO0

LSE

928

366.50

13:32:25

00062115589TRLO0

LSE

1091

366.50

13:32:25

00062115588TRLO0

LSE

622

365.50

13:50:03

00062117040TRLO0

LSE

149

368.00

14:05:50

00062118456TRLO0

LSE

431

368.00

14:05:50

00062118455TRLO0

LSE

184

368.00

14:05:50

00062118454TRLO0

LSE

815

368.00

14:05:50

00062118453TRLO0

LSE

177

368.00

14:07:10

00062118630TRLO0

LSE

413

368.00

14:07:10

00062118629TRLO0

LSE

804

368.00

14:07:10

00062118628TRLO0

LSE

446

368.00

14:07:10

00062118627TRLO0

LSE

455

368.00

14:07:10

00062118626TRLO0

LSE

2140

368.00

14:10:50

00062118922TRLO0

LSE

853

368.00

14:10:50

00062118921TRLO0

LSE

187

368.00

14:10:50

00062118920TRLO0

LSE

438

368.00

14:10:50

00062118919TRLO0

LSE

848

368.00

14:10:50

00062118918TRLO0

LSE

2173

367.00

14:20:02

00062119941TRLO0

LSE

890

367.00

14:20:02

00062119943TRLO0

LSE

446

367.00

14:20:02

00062119942TRLO0

LSE

1991

366.50

14:45:03

00062122457TRLO0

LSE

458

366.50

14:45:03

00062122456TRLO0

LSE

1587

366.50

14:45:03

00062122455TRLO0

LSE

746

366.50

14:45:03

00062122458TRLO0

LSE

1660

366.50

14:45:03

00062122459TRLO0

LSE

2225

368.00

15:14:49

00062125603TRLO0

LSE

67

368.50

15:22:21

00062126279TRLO0

LSE

110

368.50

15:22:21

00062126280TRLO0

LSE

182

368.50

15:22:21

00062126281TRLO0

LSE

2167

368.50

15:23:30

00062126421TRLO0

LSE

222

369.00

15:29:10

00062126854TRLO0

LSE

113

369.00

15:29:10

00062126855TRLO0

LSE

24

369.00

15:29:10

00062126856TRLO0

LSE

538

369.00

15:29:10

00062126857TRLO0

LSE

456

369.00

15:29:10

00062126858TRLO0

LSE

2198

368.50

15:29:48

00062126894TRLO0

LSE

372

368.50

15:31:43

00062127107TRLO0

LSE

528

368.50

15:31:43

00062127106TRLO0

LSE

1773

368.00

15:39:43

00062127848TRLO0

LSE

116

368.00

15:39:43

00062127847TRLO0

LSE

671

368.00

15:39:43

00062127849TRLO0

LSE

800

368.00

15:43:43

00062128253TRLO0

LSE

628

368.00

15:43:43

00062128252TRLO0

LSE

856

367.50

15:46:14

00062128476TRLO0

LSE

570

367.50

15:46:14

00062128475TRLO0

LSE

2155

367.00

15:52:53

00062129162TRLO0

LSE

270

366.50

16:00:14

00062129965TRLO0

LSE

101

366.50

16:00:14

00062129964TRLO0

LSE

223

366.50

16:00:14

00062129963TRLO0

LSE

150

366.50

16:00:14

00062129962TRLO0

LSE

623

366.50

16:00:14

00062129961TRLO0

LSE

119

366.50

16:10:37

00062130968TRLO0

LSE

489

366.50

16:10:37

00062130967TRLO0

LSE

35

366.50

16:10:37

00062130966TRLO0

LSE

127

366.50

16:13:32

00062131180TRLO0

LSE

1292

366.50

16:21:02

00062132135TRLO0

LSE

500

366.50

16:22:22

00062132282TRLO0

LSE

189

366.50

16:22:22

00062132281TRLO0

LSE

383

366.50

16:22:27

00062132311TRLO0

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