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

4 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 4 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 :  80,000
Weighted average purchase price paid :  341.9312 pence per share
Highest purchase price paid :  344.5 pence per share
Lowest purchase price paid :  338 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 14,256,710 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 231,834,713 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 4 November 2022)

Number of shares
purchased
Transaction price
(GB pence per share)
Time of transaction Transaction reference number Venue
1919 341.50  08:25:42 00061958034TRLO0 LSE
495 341.50  08:50:15 00061959701TRLO0 LSE
1114 341.50  08:50:15 00061959702TRLO0 LSE
935 341.50  08:50:15 00061959703TRLO0 LSE
1247 342.00  09:20:27 00061961534TRLO0 LSE
843 342.00  09:20:27 00061961535TRLO0 LSE
2159 341.50  10:06:49 00061963853TRLO0 LSE
2429 341.00  10:12:13 00061964173TRLO0 LSE
1700 341.00  10:56:43 00061966419TRLO0 LSE
476 341.00  10:56:43 00061966420TRLO0 LSE
518 340.50  10:59:56 00061966641TRLO0 LSE
2017 340.50  10:59:56 00061966642TRLO0 LSE
1406 340.00  11:14:35 00061967391TRLO0 LSE
305 340.00  11:20:08 00061967587TRLO0 LSE
412 340.00  11:20:08 00061967588TRLO0 LSE
222 338.50  11:26:35 00061967817TRLO0 LSE
123 338.50  11:26:35 00061967818TRLO0 LSE
2047 338.50  11:26:35 00061967819TRLO0 LSE
2000 338.50  12:22:44 00061969815TRLO0 LSE
394 338.50  12:22:44 00061969816TRLO0 LSE
1862 338.00  12:30:03 00061970247TRLO0 LSE
127 338.00  12:30:03 00061970248TRLO0 LSE
163 338.00  12:30:03 00061970249TRLO0 LSE
2071 339.50  12:41:09 00061971548TRLO0 LSE
2000 339.50  12:43:41 00061971697TRLO0 LSE
500 341.00  13:20:24 00061973324TRLO0 LSE
1000 341.00  13:20:24 00061973325TRLO0 LSE
500 341.00  13:20:24 00061973326TRLO0 LSE
177 341.00  13:20:24 00061973327TRLO0 LSE
2062 341.00  13:31:17 00061973866TRLO0 LSE
608 340.50  13:32:39 00061973958TRLO0 LSE
1454 340.50  13:32:39 00061973959TRLO0 LSE
2430 340.50  13:32:39 00061973960TRLO0 LSE
2428 340.00  13:47:50 00061974941TRLO0 LSE
145 339.50  13:54:04 00061975196TRLO0 LSE
20 340.50  14:07:59 00061976181TRLO0 LSE
1000 341.00  14:11:25 00061976356TRLO0 LSE
1232 341.00  14:11:25 00061976357TRLO0 LSE
500 341.00  14:13:55 00061976509TRLO0 LSE
600 341.00  14:13:55 00061976510TRLO0 LSE
1318 341.00  14:13:55 00061976511TRLO0 LSE
340 341.00  14:17:55 00061976710TRLO0 LSE
448 343.00  14:26:37 00061977391TRLO0 LSE
1711 343.00  14:26:37 00061977392TRLO0 LSE
1 343.00  14:26:37 00061977393TRLO0 LSE
196 343.50  14:30:29 00061977608TRLO0 LSE
1154 344.00  14:32:30 00061977651TRLO0 LSE
325 344.00  14:32:30 00061977652TRLO0 LSE
431 344.00  14:32:30 00061977653TRLO0 LSE
703 344.00  14:32:30 00061977654TRLO0 LSE
277 344.00  14:34:00 00061977718TRLO0 LSE
1500 344.00  14:34:00 00061977719TRLO0 LSE
223 344.00  14:34:00 00061977720TRLO0 LSE
10 344.00  14:34:00 00061977721TRLO0 LSE
422 344.00  14:34:00 00061977722TRLO0 LSE
1427 344.50  15:08:24 00061979959TRLO0 LSE
500 344.50  15:09:30 00061980003TRLO0 LSE
383 344.50  15:09:30 00061980004TRLO0 LSE
617 344.50  15:09:30 00061980005TRLO0 LSE
1000 344.50  15:09:30 00061980006TRLO0 LSE
500 344.50  15:09:30 00061980007TRLO0 LSE
391 344.50  15:09:30 00061980008TRLO0 LSE
109 344.50  15:09:30 00061980009TRLO0 LSE
500 344.50  15:09:30 00061980010TRLO0 LSE
122 344.50  15:09:30 00061980011TRLO0 LSE
429 344.50  15:09:30 00061980012TRLO0 LSE
2424 344.50  15:09:30 00061980013TRLO0 LSE
204 344.50  15:09:30 00061980014TRLO0 LSE
547 344.50  15:09:30 00061980015TRLO0 LSE
444 344.50  15:09:30 00061980016TRLO0 LSE
600 344.50  15:09:30 00061980017TRLO0 LSE
600 344.50  15:09:30 00061980018TRLO0 LSE
569 344.50  15:09:30 00061980019TRLO0 LSE
365 344.00  15:11:27 00061980124TRLO0 LSE
203 344.00  15:11:27 00061980125TRLO0 LSE
236 344.00  15:11:27 00061980126TRLO0 LSE
1270 344.00  15:11:27 00061980127TRLO0 LSE
375 344.00  15:11:27 00061980128TRLO0 LSE
70 344.00  15:11:27 00061980129TRLO0 LSE
1950 343.50  15:19:15 00061980337TRLO0 LSE
173 343.50  15:23:15 00061980514TRLO0 LSE
32 343.50  15:23:15 00061980515TRLO0 LSE
277 343.00  15:28:17 00061980740TRLO0 LSE
316 343.00  15:28:17 00061980741TRLO0 LSE
589 343.00  15:28:17 00061980742TRLO0 LSE
1167 343.00  15:28:17 00061980743TRLO0 LSE
1371 343.00  15:44:25 00061981420TRLO0 LSE
2294 342.50  15:51:21 00061981738TRLO0 LSE
264 344.50  16:12:01 00061982857TRLO0 LSE
400 344.50  16:12:01 00061982858TRLO0 LSE
519 344.50  16:12:01 00061982859TRLO0 LSE
530 344.50  16:14:10 00061982991TRLO0 LSE
104 344.50  16:14:10 00061982992TRLO0 LSE
550 344.50  16:14:10 00061982993TRLO0 LSE
702 344.50  16:14:10 00061982994TRLO0 LSE
552 344.50  16:14:10 00061982995TRLO0 LSE
500 344.50  16:17:10 00061983197TRLO0 LSE
1126 344.50  16:17:10 00061983198TRLO0 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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