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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

7 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 7 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

: 110,000

Weighted average purchase price paid

: 348.6498 pence per share

Highest purchase price paid

: 350 pence per share

Lowest purchase price paid

: 346.5 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 14,366,710 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 231,724,713 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 7 November 2022)

Number of shares
purchased

Transaction price
(GB pence per share)

Time of transaction

Transaction reference number

Venue

2891

350.00

08:32:34

00061985763TRLO0

LSE

1867

350.00

08:32:34

00061985764TRLO0

LSE

646

350.00

08:32:34

00061985765TRLO0

LSE

1976

350.00

08:32:34

00061985766TRLO0

LSE

1620

349.00

08:39:35

00061986040TRLO0

LSE

835

349.00

08:39:35

00061986041TRLO0

LSE

2840

348.50

08:39:44

00061986051TRLO0

LSE

25000

348.00

08:50:45

00061986539TRLO0

LSE

2351

348.50

09:01:41

00061986888TRLO0

LSE

2158

348.50

09:23:26

00061987764TRLO0

LSE

768

350.00

09:25:26

00061987813TRLO0

LSE

2135

350.00

09:28:47

00061987920TRLO0

LSE

2000

350.00

10:21:34

00061988926TRLO0

LSE

119

350.00

10:21:34

00061988927TRLO0

LSE

381

350.00

10:21:34

00061988928TRLO0

LSE

1716

350.00

10:21:34

00061988929TRLO0

LSE

500

349.50

10:42:07

00061989348TRLO0

LSE

1500

349.50

10:42:07

00061989349TRLO0

LSE

537

349.50

10:42:07

00061989350TRLO0

LSE

1992

349.00

10:43:30

00061989404TRLO0

LSE

355

349.50

11:25:12

00061990491TRLO0

LSE

88

349.50

11:25:12

00061990492TRLO0

LSE

2068

349.00

12:12:32

00061991472TRLO0

LSE

500

348.50

13:03:24

00061992744TRLO0

LSE

1775

348.50

13:03:24

00061992745TRLO0

LSE

582

348.50

13:03:24

00061992746TRLO0

LSE

1495

348.50

13:03:24

00061992747TRLO0

LSE

492

348.50

13:03:24

00061992748TRLO0

LSE

500

349.00

13:25:49

00061994002TRLO0

LSE

500

349.00

13:25:49

00061994003TRLO0

LSE

500

349.00

13:25:49

00061994004TRLO0

LSE

500

349.00

13:25:49

00061994005TRLO0

LSE

376

349.00

13:25:49

00061994006TRLO0

LSE

20

349.50

13:43:32

00061994578TRLO0

LSE

2265

350.00

13:57:09

00061994942TRLO0

LSE

2250

350.00

14:23:09

00061996118TRLO0

LSE

384

349.50

14:38:09

00061997350TRLO0

LSE

1731

349.50

14:38:09

00061997351TRLO0

LSE

2017

349.50

14:38:09

00061997352TRLO0

LSE

512

349.50

14:38:09

00061997353TRLO0

LSE

2242

349.50

14:38:09

00061997354TRLO0

LSE

320

348.50

14:38:17

00061997386TRLO0

LSE

2122

349.00

15:06:10

00061999201TRLO0

LSE

2161

349.00

15:11:10

00061999394TRLO0

LSE

570

348.50

15:20:10

00061999879TRLO0

LSE

1087

348.50

15:20:10

00061999880TRLO0

LSE

999

348.50

15:20:10

00061999881TRLO0

LSE

839

348.50

15:20:10

00061999882TRLO0

LSE

381

348.50

15:20:10

00061999883TRLO0

LSE

877

349.00

15:20:10

00061999884TRLO0

LSE

508

349.00

15:20:10

00061999885TRLO0

LSE

57

349.00

15:20:10

00061999886TRLO0

LSE

730

349.00

15:21:10

00061999927TRLO0

LSE

333

349.00

15:21:10

00061999928TRLO0

LSE

869

349.00

15:21:10

00061999929TRLO0

LSE

437

349.00

15:21:10

00061999930TRLO0

LSE

1786

348.00

15:24:21

00062000163TRLO0

LSE

219

348.00

15:24:21

00062000164TRLO0

LSE

31

347.50

15:26:40

00062000300TRLO0

LSE

342

347.50

15:27:11

00062000323TRLO0

LSE

154

349.00

15:34:33

00062000739TRLO0

LSE

575

349.00

15:34:33

00062000740TRLO0

LSE

500

349.00

15:34:45

00062000742TRLO0

LSE

1000

349.00

15:34:45

00062000743TRLO0

LSE

399

349.00

15:34:45

00062000744TRLO0

LSE

892

349.00

15:35:44

00062000840TRLO0

LSE

453

349.00

15:35:44

00062000841TRLO0

LSE

15

349.00

15:39:18

00062001152TRLO0

LSE

80

349.00

15:40:20

00062001206TRLO0

LSE

469

349.00

15:40:20

00062001207TRLO0

LSE

3223

348.00

15:41:51

00062001275TRLO0

LSE

2500

348.00

15:41:51

00062001276TRLO0

LSE

2103

347.50

15:43:25

00062001393TRLO0

LSE

2187

347.00

15:51:09

00062001786TRLO0

LSE

2042

347.00

15:58:33

00062002270TRLO0

LSE

242

346.50

16:06:31

00062002838TRLO0

LSE

52

346.50

16:06:31

00062002839TRLO0

LSE

505

346.50

16:06:31

00062002840TRLO0

LSE

609

346.50

16:06:31

00062002841TRLO0

LSE

102

346.50

16:06:31

00062002842TRLO0

LSE

26

346.50

16:13:31

00062003563TRLO0

LSE

2220

346.50

16:13:31

00062003564TRLO0

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