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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

10 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 10 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

: 355.6332 pence per share

Highest purchase price paid

: 360.5 pence per share

Lowest purchase price paid

: 350.5 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 14,596,710 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 231,494,713 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 10 November 2022)

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

2370

350.50

08:21:13

00062055377TRLO0

LSE

2927

353.00

08:45:13

00062056668TRLO0

LSE

2352

353.00

08:58:03

00062057327TRLO0

LSE

1727

354.00

09:45:01

00062059249TRLO0

LSE

26

354.00

09:45:01

00062059250TRLO0

LSE

1399

354.00

09:45:01

00062059251TRLO0

LSE

451

354.00

09:45:01

00062059252TRLO0

LSE

116

354.00

09:45:01

00062059253TRLO0

LSE

1166

353.50

09:54:35

00062059691TRLO0

LSE

1234

353.50

09:54:35

00062059692TRLO0

LSE

810

353.00

10:48:17

00062062069TRLO0

LSE

1467

353.00

10:48:17

00062062070TRLO0

LSE

1329

354.00

10:58:49

00062062360TRLO0

LSE

1926

354.00

10:58:49

00062062361TRLO0

LSE

442

353.50

10:58:49

00062062362TRLO0

LSE

323

353.50

10:58:49

00062062363TRLO0

LSE

319

353.50

10:58:49

00062062364TRLO0

LSE

1046

353.50

10:58:49

00062062365TRLO0

LSE

30

353.00

10:58:54

00062062376TRLO0

LSE

58

353.00

10:58:54

00062062377TRLO0

LSE

2

353.00

11:00:41

00062062740TRLO0

LSE

2

353.00

11:00:41

00062062741TRLO0

LSE

1077

353.00

11:00:41

00062062742TRLO0

LSE

2070

353.00

11:00:41

00062062743TRLO0

LSE

1086

353.00

11:00:41

00062062744TRLO0

LSE

5

353.00

11:00:41

00062062745TRLO0

LSE

2167

353.00

11:00:41

00062062746TRLO0

LSE

2007

353.50

12:01:09

00062065424TRLO0

LSE

2137

354.00

12:12:19

00062065725TRLO0

LSE

1669

353.50

12:12:26

00062065736TRLO0

LSE

625

353.50

12:13:26

00062065766TRLO0

LSE

2411

353.00

12:14:06

00062065782TRLO0

LSE

639

353.00

12:44:41

00062066755TRLO0

LSE

1645

353.00

12:44:41

00062066756TRLO0

LSE

2354

359.50

13:38:39

00062070982TRLO0

LSE

2358

359.00

13:39:22

00062071112TRLO0

LSE

1054

358.50

13:39:30

00062071137TRLO0

LSE

173

359.00

13:41:27

00062071409TRLO0

LSE

2117

359.00

13:41:27

00062071410TRLO0

LSE

2343

358.50

13:52:02

00062072724TRLO0

LSE

2261

356.00

14:10:55

00062074297TRLO0

LSE

2258

354.50

14:38:46

00062076696TRLO0

LSE

423

357.00

14:53:12

00062077841TRLO0

LSE

388

357.00

14:53:12

00062077842TRLO0

LSE

500

357.00

14:53:12

00062077843TRLO0

LSE

340

357.00

14:53:12

00062077844TRLO0

LSE

405

357.00

14:53:12

00062077847TRLO0

LSE

201

360.50

15:09:16

00062079666TRLO0

LSE

1500

360.50

15:09:16

00062079667TRLO0

LSE

295

360.50

15:09:16

00062079668TRLO0

LSE

2008

359.50

15:21:03

00062080678TRLO0

LSE

707

360.50

15:38:14

00062082435TRLO0

LSE

1000

360.00

15:38:14

00062082436TRLO0

LSE

1004

360.00

15:38:14

00062082437TRLO0

LSE

2053

359.50

15:40:04

00062082604TRLO0

LSE

339

360.00

15:40:04

00062082605TRLO0

LSE

1487

360.00

15:40:04

00062082606TRLO0

LSE

55

360.00

15:40:04

00062082607TRLO0

LSE

364

360.00

15:40:04

00062082608TRLO0

LSE

450

359.50

16:01:40

00062084864TRLO0

LSE

804

359.50

16:01:40

00062084865TRLO0

LSE

1699

360.00

16:13:38

00062086203TRLO0

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