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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

2 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 2 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

: 75,000

Weighted average purchase price paid

: 340.9451 pence per share

Highest purchase price paid

: 346.5 pence per share

Lowest purchase price paid

: 335.5 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 13,896,710 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 232,194,713 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 2 November 2022)

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

1184

338.00

08:12:39

00061899912TRLO0

LSE

1028

338.00

08:12:39

00061899911TRLO0

LSE

1823

338.00

08:30:40

00061900694TRLO0

LSE

529

338.00

08:30:40

00061900695TRLO0

LSE

1919

336.50

09:13:17

00061902262TRLO0

LSE

714

335.50

09:22:12

00061902576TRLO0

LSE

175

335.50

09:22:12

00061902577TRLO0

LSE

514

335.50

09:22:12

00061902578TRLO0

LSE

858

335.50

09:22:12

00061902579TRLO0

LSE

1745

336.00

09:22:12

00061902580TRLO0

LSE

493

336.00

09:22:12

00061902581TRLO0

LSE

2047

336.00

09:22:14

00061902582TRLO0

LSE

550

338.00

09:24:11

00061902626TRLO0

LSE

732

338.00

09:24:11

00061902627TRLO0

LSE

284

338.00

09:24:11

00061902628TRLO0

LSE

500

338.00

09:29:41

00061902799TRLO0

LSE

1562

338.00

09:29:41

00061902800TRLO0

LSE

905

338.00

09:53:20

00061903289TRLO0

LSE

500

338.00

09:53:20

00061903290TRLO0

LSE

705

338.00

09:53:20

00061903291TRLO0

LSE

1991

337.50

10:09:12

00061903641TRLO0

LSE

408

337.50

10:37:12

00061904337TRLO0

LSE

1564

337.50

10:37:12

00061904338TRLO0

LSE

2335

338.50

11:13:47

00061905270TRLO0

LSE

224

338.00

11:20:03

00061905410TRLO0

LSE

626

338.00

11:20:03

00061905411TRLO0

LSE

500

338.00

11:20:03

00061905412TRLO0

LSE

1915

341.50

11:48:51

00061906349TRLO0

LSE

320

341.50

11:48:51

00061906350TRLO0

LSE

500

341.00

11:50:03

00061906377TRLO0

LSE

1000

341.00

11:50:03

00061906378TRLO0

LSE

198

341.00

11:50:03

00061906379TRLO0

LSE

500

341.00

11:50:03

00061906380TRLO0

LSE

770

340.50

11:52:45

00061906557TRLO0

LSE

985

340.50

11:52:45

00061906558TRLO0

LSE

464

340.50

11:52:45

00061906559TRLO0

LSE

2447

342.00

12:01:11

00061906753TRLO0

LSE

2179

342.50

12:42:16

00061908108TRLO0

LSE

2271

343.50

13:26:03

00061909084TRLO0

LSE

1000

343.50

13:29:03

00061909192TRLO0

LSE

500

343.50

13:29:03

00061909193TRLO0

LSE

832

343.50

13:29:03

00061909194TRLO0

LSE

394

344.50

14:05:04

00061911173TRLO0

LSE

853

344.50

14:05:04

00061911174TRLO0

LSE

236

344.50

14:05:04

00061911175TRLO0

LSE

53

344.50

14:05:04

00061911176TRLO0

LSE

74

344.50

14:05:04

00061911177TRLO0

LSE

1956

346.50

14:15:36

00061911848TRLO0

LSE

1500

345.50

14:15:55

00061911865TRLO0

LSE

781

345.50

14:15:55

00061911866TRLO0

LSE

2056

345.00

14:18:52

00061911996TRLO0

LSE

1441

344.50

14:29:01

00061912351TRLO0

LSE

810

344.50

14:29:01

00061912352TRLO0

LSE

1401

344.00

14:52:12

00061913716TRLO0

LSE

876

344.00

14:52:12

00061913717TRLO0

LSE

326

344.00

15:10:04

00061914896TRLO0

LSE

1017

344.00

15:10:04

00061914897TRLO0

LSE

826

344.00

15:10:04

00061914898TRLO0

LSE

179

344.00

15:10:04

00061914899TRLO0

LSE

434

343.50

15:30:02

00061916086TRLO0

LSE

500

343.50

15:30:02

00061916087TRLO0

LSE

500

343.50

15:30:02

00061916088TRLO0

LSE

500

343.50

15:30:02

00061916089TRLO0

LSE

91

343.50

15:30:02

00061916090TRLO0

LSE

525

343.50

15:54:06

00061917220TRLO0

LSE

535

344.00

15:55:00

00061917251TRLO0

LSE

452

344.00

15:55:00

00061917252TRLO0

LSE

127

344.00

15:55:00

00061917253TRLO0

LSE

424

344.00

15:55:00

00061917254TRLO0

LSE

206

344.00

15:57:40

00061917501TRLO0

LSE

970

344.00

15:57:40

00061917502TRLO0

LSE

251

343.00

16:07:42

00061918233TRLO0

LSE

1000

343.00

16:07:42

00061918234TRLO0

LSE

86

343.00

16:07:42

00061918235TRLO0

LSE

356

342.50

16:10:01

00061918332TRLO0

LSE

17

342.50

16:14:56

00061918533TRLO0

LSE

295

342.50

16:14:56

00061918534TRLO0

LSE

292

342.50

16:14:59

00061918536TRLO0

LSE

364

342.50

16:15:30

00061918605TRLO0

LSE

10000

341.00

16:35:03

00061919704TRLO0

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