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 October 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 October 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 :  100,000
Weighted average purchase price paid :  305.005 pence per share
Highest purchase price paid :  307.5 pence per share
Lowest purchase price paid :  303 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 12,129,625 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 233,961,798 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 October 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
341 305.50  08:26:09 00061471530TRLO0 LSE
1324 305.50  08:26:09 00061471529TRLO0 LSE
182 305.50  08:30:01 00061471670TRLO0 LSE
428 305.50  08:30:01 00061471669TRLO0 LSE
113 305.50  08:30:01 00061471671TRLO0 LSE
34 305.50  08:30:01 00061471672TRLO0 LSE
1648 305.00  08:35:10 00061471733TRLO0 LSE
707 304.50  08:50:10 00061472124TRLO0 LSE
1028 304.50  08:50:10 00061472123TRLO0 LSE
1294 304.00  08:58:11 00061472334TRLO0 LSE
353 304.00  08:58:11 00061472333TRLO0 LSE
563 307.00  10:52:42 00061475012TRLO0 LSE
4510 307.50  10:52:42 00061475013TRLO0 LSE
997 307.50  10:53:10 00061475016TRLO0 LSE
660 307.50  10:53:10 00061475015TRLO0 LSE
1663 307.50  10:53:10 00061475017TRLO0 LSE
1276 307.00  10:53:35 00061475019TRLO0 LSE
754 307.00  10:53:42 00061475020TRLO0 LSE
529 306.50  10:53:42 00061475021TRLO0 LSE
262 306.50  10:53:42 00061475022TRLO0 LSE
995 306.50  10:53:42 00061475024TRLO0 LSE
36 306.50  10:53:42 00061475023TRLO0 LSE
1202 306.00  11:17:02 00061475750TRLO0 LSE
898 306.00  11:17:02 00061475749TRLO0 LSE
1000 306.00  11:17:02 00061475748TRLO0 LSE
504 306.00  11:17:02 00061475751TRLO0 LSE
315 305.50  11:47:35 00061476740TRLO0 LSE
519 306.50  12:03:50 00061477114TRLO0 LSE
280 306.50  12:03:50 00061477113TRLO0 LSE
1459 306.50  12:03:50 00061477112TRLO0 LSE
1146 306.00  12:03:50 00061477115TRLO0 LSE
1212 305.00  12:08:15 00061477411TRLO0 LSE
1400 305.00  12:08:15 00061477410TRLO0 LSE
1667 304.50  12:08:35 00061477419TRLO0 LSE
253 304.50  12:08:35 00061477418TRLO0 LSE
299 305.00  12:40:37 00061478770TRLO0 LSE
1 305.00  12:41:10 00061478787TRLO0 LSE
177 305.00  12:41:10 00061478786TRLO0 LSE
5 305.00  12:42:02 00061478817TRLO0 LSE
1943 305.00  12:52:39 00061479189TRLO0 LSE
1265 304.50  12:52:39 00061479194TRLO0 LSE
1467 304.50  12:55:01 00061479269TRLO0 LSE
542 304.50  12:55:01 00061479268TRLO0 LSE
404 304.50  12:55:01 00061479267TRLO0 LSE
97 304.50  12:55:01 00061479271TRLO0 LSE
1829 304.50  12:55:01 00061479270TRLO0 LSE
318 304.00  13:17:45 00061480111TRLO0 LSE
326 304.00  13:17:48 00061480113TRLO0 LSE
319 304.00  13:17:57 00061480117TRLO0 LSE
319 304.00  13:17:57 00061480119TRLO0 LSE
891 304.00  13:17:57 00061480118TRLO0 LSE
500 305.00  13:30:01 00061480531TRLO0 LSE
169 305.00  13:30:01 00061480530TRLO0 LSE
1192 304.50  13:31:02 00061480563TRLO0 LSE
633 304.50  13:31:02 00061480562TRLO0 LSE
378 305.00  13:46:26 00061481108TRLO0 LSE
949 305.00  13:46:26 00061481107TRLO0 LSE
927 305.00  13:46:26 00061481109TRLO0 LSE
468 305.00  13:46:36 00061481115TRLO0 LSE
628 305.00  13:46:36 00061481114TRLO0 LSE
676 305.00  13:46:56 00061481176TRLO0 LSE
399 305.00  13:47:46 00061481211TRLO0 LSE
733 305.00  13:47:46 00061481210TRLO0 LSE
382 305.00  13:48:46 00061481265TRLO0 LSE
579 305.00  13:48:46 00061481264TRLO0 LSE
373 305.00  13:52:46 00061481370TRLO0 LSE
375 305.00  13:52:46 00061481369TRLO0 LSE
267 305.00  13:52:46 00061481368TRLO0 LSE
374 305.00  14:02:06 00061481722TRLO0 LSE
374 305.00  14:02:06 00061481721TRLO0 LSE
464 305.00  14:02:06 00061481720TRLO0 LSE
81 305.00  14:02:06 00061481719TRLO0 LSE
97 305.00  14:02:06 00061481718TRLO0 LSE
441 305.00  14:02:06 00061481717TRLO0 LSE
107 305.00  14:05:06 00061481857TRLO0 LSE
128 305.00  14:05:06 00061481856TRLO0 LSE
578 305.00  14:05:06 00061481855TRLO0 LSE
1801 304.50  14:08:36 00061482018TRLO0 LSE
140 305.00  14:14:51 00061482235TRLO0 LSE
358 305.00  14:14:56 00061482239TRLO0 LSE
125 305.00  14:14:56 00061482238TRLO0 LSE
151 305.00  14:14:56 00061482237TRLO0 LSE
683 305.00  14:14:56 00061482236TRLO0 LSE
362 305.00  14:19:39 00061482436TRLO0 LSE
472 305.00  14:19:39 00061482435TRLO0 LSE
136 305.00  14:19:39 00061482434TRLO0 LSE
113 305.00  14:19:39 00061482433TRLO0 LSE
615 305.00  14:19:39 00061482432TRLO0 LSE
211 305.00  14:28:39 00061482685TRLO0 LSE
452 305.00  14:28:39 00061482684TRLO0 LSE
162 305.00  14:28:39 00061482683TRLO0 LSE
135 305.00  14:28:39 00061482682TRLO0 LSE
730 305.00  14:28:39 00061482681TRLO0 LSE
700 304.50  14:31:16 00061482786TRLO0 LSE
1029 304.50  14:31:16 00061482785TRLO0 LSE
2 304.50  14:33:11 00061482945TRLO0 LSE
116 304.00  14:36:16 00061483219TRLO0 LSE
1400 304.00  14:36:16 00061483218TRLO0 LSE
399 304.00  14:36:16 00061483217TRLO0 LSE
704 304.00  14:40:06 00061483383TRLO0 LSE
1049 304.00  14:40:06 00061483382TRLO0 LSE
453 304.00  14:45:06 00061483606TRLO0 LSE
5 304.00  14:45:06 00061483605TRLO0 LSE
1723 303.50  14:51:50 00061483929TRLO0 LSE
107 303.50  14:51:50 00061483930TRLO0 LSE
870 303.00  14:54:30 00061484155TRLO0 LSE
753 303.50  15:01:43 00061484483TRLO0 LSE
314 303.50  15:01:43 00061484484TRLO0 LSE
605 303.50  15:01:43 00061484485TRLO0 LSE
430 304.00  15:06:10 00061484704TRLO0 LSE
158 304.50  15:06:15 00061484712TRLO0 LSE
189 304.50  15:06:15 00061484711TRLO0 LSE
765 304.50  15:06:15 00061484710TRLO0 LSE
450 304.50  15:06:15 00061484716TRLO0 LSE
189 304.50  15:06:15 00061484715TRLO0 LSE
158 304.50  15:06:15 00061484714TRLO0 LSE
855 304.50  15:06:15 00061484713TRLO0 LSE
189 304.50  15:06:26 00061484723TRLO0 LSE
158 304.50  15:06:26 00061484722TRLO0 LSE
328 304.50  15:06:26 00061484721TRLO0 LSE
130 304.50  15:06:36 00061484731TRLO0 LSE
108 304.50  15:06:36 00061484730TRLO0 LSE
452 304.50  15:06:36 00061484729TRLO0 LSE
585 304.50  15:06:36 00061484728TRLO0 LSE
179 304.00  15:08:29 00061484814TRLO0 LSE
371 304.00  15:08:35 00061484834TRLO0 LSE
559 304.00  15:09:35 00061484875TRLO0 LSE
494 304.00  15:10:35 00061484928TRLO0 LSE
140 304.00  15:10:59 00061485016TRLO0 LSE
125 304.00  15:11:59 00061485064TRLO0 LSE
483 304.00  15:12:31 00061485107TRLO0 LSE
700 304.00  15:12:31 00061485106TRLO0 LSE
599 304.00  15:12:31 00061485105TRLO0 LSE
1997 304.00  15:23:43 00061485987TRLO0 LSE
435 304.00  15:23:43 00061485988TRLO0 LSE
128 304.50  15:26:57 00061486220TRLO0 LSE
107 304.50  15:26:57 00061486219TRLO0 LSE
576 304.50  15:26:57 00061486218TRLO0 LSE
128 304.50  15:26:57 00061486223TRLO0 LSE
107 304.50  15:26:57 00061486222TRLO0 LSE
576 304.50  15:26:57 00061486221TRLO0 LSE
105 304.50  15:30:00 00061486383TRLO0 LSE
87 304.50  15:30:00 00061486382TRLO0 LSE
472 304.50  15:30:00 00061486381TRLO0 LSE
87 304.50  15:30:00 00061486386TRLO0 LSE
105 304.50  15:30:00 00061486385TRLO0 LSE
472 304.50  15:30:00 00061486384TRLO0 LSE
531 304.50  15:31:00 00061486440TRLO0 LSE
83 304.50  15:31:00 00061486439TRLO0 LSE
100 304.50  15:31:00 00061486438TRLO0 LSE
452 304.50  15:31:00 00061486437TRLO0 LSE
2025 305.00  15:38:01 00061486880TRLO0 LSE
528 305.00  15:47:04 00061487395TRLO0 LSE
60 305.00  15:47:04 00061487394TRLO0 LSE
318 305.00  15:47:04 00061487393TRLO0 LSE
64 305.00  15:47:04 00061487398TRLO0 LSE
76 305.00  15:47:04 00061487397TRLO0 LSE
346 305.00  15:47:04 00061487396TRLO0 LSE
93 305.00  15:47:04 00061487401TRLO0 LSE
112 305.00  15:47:04 00061487400TRLO0 LSE
508 305.00  15:47:04 00061487399TRLO0 LSE
30 304.50  15:57:02 00061487873TRLO0 LSE
700 304.50  15:57:02 00061487872TRLO0 LSE
700 304.50  15:57:02 00061487871TRLO0 LSE
428 304.50  15:57:02 00061487870TRLO0 LSE
130 305.00  16:00:02 00061487972TRLO0 LSE
156 305.00  16:00:02 00061487971TRLO0 LSE
705 305.00  16:00:02 00061487970TRLO0 LSE
85 305.00  16:00:02 00061487975TRLO0 LSE
102 305.00  16:00:02 00061487974TRLO0 LSE
460 305.00  16:00:02 00061487973TRLO0 LSE
21 304.50  16:01:02 00061488005TRLO0 LSE
1642 304.50  16:01:06 00061488011TRLO0 LSE
1674 304.50  16:11:06 00061488399TRLO0 LSE
45 304.50  16:15:20 00061488573TRLO0 LSE
300 304.50  16:15:20 00061488574TRLO0 LSE
361 304.50  16:15:20 00061488575TRLO0 LSE
390 305.00  16:16:27 00061488624TRLO0 LSE
300 305.00  16:16:27 00061488623TRLO0 LSE
640 305.00  16:16:27 00061488622TRLO0 LSE
758 304.50  16:16:29 00061488629TRLO0 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

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