REG-Redde Northgate Plc: Transaction in Own Shares

Redde NorthgateAnnouncement

18/07/2022 08:00

18 July 2022

REDDE NORTHGATE PLC

(“Redde Northgate” or the “Group” or the “Company”)

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 15 July 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            : 32,881                                 
 Weighted average purchase price paid  : 342.8492 pence per share               
 Highest purchase price paid           : 345 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 6,314,327 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 239,777,096, 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 15 July 2022)

 Number of shares   Transaction price      Time of transaction  Transaction reference number  Venue  
 purchased          (GB pence per share)                                                             
 436                338.00                 08:19:37             00060053744TRLO0              LSE    
 1804               341.00                 08:48:48             00060055333TRLO0              LSE    
 185                341.00                 08:48:48             00060055334TRLO0              LSE    
 700                341.00                 08:48:48             00060055335TRLO0              LSE    
 1133               341.00                 08:48:48             00060055336TRLO0              LSE    
 370                341.00                 08:53:08             00060055523TRLO0              LSE    
 1437               341.00                 08:53:08             00060055524TRLO0              LSE    
 254                341.00                 09:01:10             00060055852TRLO0              LSE    
 425                341.00                 09:01:10             00060055853TRLO0              LSE    
 1071               341.00                 09:01:10             00060055854TRLO0              LSE    
 100                342.50                 10:00:03             00060057656TRLO0              LSE    
 1400               342.50                 10:00:03             00060057657TRLO0              LSE    
 470                342.50                 10:00:03             00060057658TRLO0              LSE    
 64                 342.50                 10:16:48             00060058136TRLO0              LSE    
 877                342.50                 10:16:48             00060058137TRLO0              LSE    
 700                342.50                 10:16:48             00060058138TRLO0              LSE    
 300                342.50                 10:16:48             00060058139TRLO0              LSE    
 600                341.50                 10:16:49             00060058140TRLO0              LSE    
 1901               342.00                 10:50:20             00060059005TRLO0              LSE    
 201                342.50                 12:10:48             00060061731TRLO0              LSE    
 133                342.50                 12:10:48             00060061732TRLO0              LSE    
 1446               342.00                 12:10:48             00060061733TRLO0              LSE    
 450                342.00                 12:10:48             00060061734TRLO0              LSE    
 1046               342.50                 12:40:37             00060062725TRLO0              LSE    
 1070               342.50                 12:40:37             00060062726TRLO0              LSE    
 1377               344.00                 13:15:19             00060063561TRLO0              LSE    
 600                344.00                 13:15:19             00060063562TRLO0              LSE    
 64                 344.00                 13:15:19             00060063563TRLO0              LSE    
 35                 344.00                 13:15:19             00060063564TRLO0              LSE    
 1309               344.00                 13:16:46             00060063594TRLO0              LSE    
 570                344.00                 13:16:46             00060063595TRLO0              LSE    
 1795               344.00                 13:24:10             00060063795TRLO0              LSE    
 600                345.00                 13:29:06             00060063981TRLO0              LSE    
 1375               344.50                 13:30:03             00060064014TRLO0              LSE    
 657                344.50                 13:30:03             00060064017TRLO0              LSE    
 600                344.50                 13:30:03             00060064018TRLO0              LSE    
 1359               344.50                 13:30:03             00060064019TRLO0              LSE    
 2024               344.50                 13:43:03             00060064546TRLO0              LSE    
 447                345.00                 14:11:43             00060065630TRLO0              LSE    
 1400               345.00                 14:11:43             00060065631TRLO0              LSE    
 96                 345.00                 14:11:43             00060065632TRLO0              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/Tilly
Abraham                             +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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