REG-Redde Northgate Plc: Transaction in Own Shares

Redde NorthgateAnnouncement

21/07/2022 07:15

21 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 20 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            : 50,000                                 
 Weighted average purchase price paid  : 367.2066 pence per share               
 Highest purchase price paid           : 369.5 pence per share                  
 Lowest purchase price paid            : 362.5 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 6,466,189 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 239,625,234, 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 20 July 2022)

 Number of shares   Transaction price      Time of transaction  Transaction reference number  Venue  
 purchased          (GB pence per share)                                                             
 460                362.50                 08:13:30             00060114615TRLO0              LSE    
 2063               364.00                 08:28:41             00060115284TRLO0              LSE    
 2050               363.50                 08:44:17             00060115942TRLO0              LSE    
 1810               366.50                 08:57:30             00060116491TRLO0              LSE    
 140                366.50                 08:57:30             00060116492TRLO0              LSE    
 2027               366.00                 09:00:00             00060116629TRLO0              LSE    
 518                366.00                 09:21:05             00060117694TRLO0              LSE    
 1591               366.00                 09:21:05             00060117693TRLO0              LSE    
 2050               366.00                 09:25:18             00060117871TRLO0              LSE    
 2152               367.00                 10:20:52             00060120286TRLO0              LSE    
 1951               368.00                 10:29:53             00060120664TRLO0              LSE    
 1925               369.00                 11:01:52             00060121865TRLO0              LSE    
 256                369.00                 11:01:52             00060121866TRLO0              LSE    
 1750               369.00                 11:01:53             00060121867TRLO0              LSE    
 2292               369.00                 11:31:43             00060122849TRLO0              LSE    
 1186               368.00                 11:33:13             00060123029TRLO0              LSE    
 725                368.00                 11:33:13             00060123028TRLO0              LSE    
 1880               367.50                 11:37:42             00060123275TRLO0              LSE    
 347                365.50                 11:55:50             00060124189TRLO0              LSE    
 1024               366.50                 12:37:05             00060126062TRLO0              LSE    
 882                366.50                 12:37:05             00060126061TRLO0              LSE    
 1850               367.50                 13:11:54             00060127665TRLO0              LSE    
 339                367.50                 13:11:54             00060127664TRLO0              LSE    
 600                368.00                 13:21:22             00060128106TRLO0              LSE    
 600                368.00                 13:21:22             00060128105TRLO0              LSE    
 605                368.00                 13:21:22             00060128104TRLO0              LSE    
 294                368.00                 13:21:22             00060128107TRLO0              LSE    
 1950               367.00                 13:59:28             00060130178TRLO0              LSE    
 237                366.50                 14:25:05             00060131014TRLO0              LSE    
 915                366.50                 14:25:05             00060131016TRLO0              LSE    
 783                366.50                 14:25:05             00060131015TRLO0              LSE    
 1949               367.00                 14:30:03             00060131225TRLO0              LSE    
 259                367.50                 14:49:58             00060132238TRLO0              LSE    
 486                367.50                 14:49:58             00060132237TRLO0              LSE    
 38                 367.50                 14:49:58             00060132236TRLO0              LSE    
 700                367.50                 14:49:58             00060132235TRLO0              LSE    
 848                367.50                 15:03:53             00060132980TRLO0              LSE    
 1014               367.50                 15:03:53             00060132979TRLO0              LSE    
 1156               367.50                 15:18:52             00060133907TRLO0              LSE    
 359                367.50                 15:18:52             00060133906TRLO0              LSE    
 636                367.50                 15:19:24             00060133927TRLO0              LSE    
 2159               369.00                 15:42:52             00060135650TRLO0              LSE    
 1692               369.50                 15:58:12             00060136250TRLO0              LSE    
 271                369.50                 15:58:18             00060136254TRLO0              LSE    
 140                369.50                 15:58:18             00060136255TRLO0              LSE    
 941                369.50                 16:08:23             00060136722TRLO0              LSE    
 100                369.50                 16:10:37             00060136864TRLO0              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



Copyright (c) 2022 PR Newswire Association,LLC. All Rights Reserved