REG-Redde Northgate Plc: Transaction in Own Shares

Redde NorthgateAnnouncement

14/12/2022 19:00

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

14 December 2022

REDDE NORTHGATE PLC

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

Transaction in Own Shares

Redde Northgate plc (LSE:REDD) announces that on 14 December 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            : 29,075                                 
 Weighted average purchase price paid  : 419.6128 pence per share               
 Highest purchase price paid           : 422 pence per share                    
 Lowest purchase price paid            : 416.5 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 16,130,785 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 229,960,638 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 14 December 2022)

 Number of shares   Transaction price      Time of transaction  Transaction reference number  Venue  
 purchased          (GB pence per share)                                                             
 75                 416.50                 11:19:48             00062721622TRLO0              LSE    
 292                416.50                 11:19:48             00062721623TRLO0              LSE    
 41                 416.50                 11:19:48             00062721624TRLO0              LSE    
 103                417.00                 11:25:10             00062721812TRLO0              LSE    
 166                417.00                 11:25:10             00062721813TRLO0              LSE    
 1572               417.00                 11:25:10             00062721814TRLO0              LSE    
 980                417.00                 11:31:47             00062722108TRLO0              LSE    
 751                417.00                 11:31:47             00062722109TRLO0              LSE    
 4                  418.50                 11:55:02             00062723134TRLO0              LSE    
 152                419.00                 12:01:42             00062723393TRLO0              LSE    
 442                419.00                 12:01:42             00062723394TRLO0              LSE    
 269                419.00                 12:01:42             00062723396TRLO0              LSE    
 1051               418.50                 12:02:17             00062723412TRLO0              LSE    
 937                418.50                 12:02:17             00062723413TRLO0              LSE    
 1284               417.50                 12:47:42             00062724865TRLO0              LSE    
 705                417.50                 12:47:42             00062724866TRLO0              LSE    
 1774               417.50                 13:25:12             00062726711TRLO0              LSE    
 162                420.00                 13:47:28             00062727987TRLO0              LSE    
 351                420.00                 13:47:28             00062727988TRLO0              LSE    
 404                420.00                 13:48:28             00062728039TRLO0              LSE    
 299                419.50                 13:48:38             00062728047TRLO0              LSE    
 1478               419.50                 13:48:38             00062728048TRLO0              LSE    
 1753               419.50                 13:57:08             00062728395TRLO0              LSE    
 1727               419.00                 14:02:24             00062728715TRLO0              LSE    
 6                  420.00                 14:24:48             00062729914TRLO0              LSE    
 44                 420.00                 14:24:48             00062729915TRLO0              LSE    
 1000               420.00                 14:24:52             00062729924TRLO0              LSE    
 500                420.00                 14:24:52             00062729925TRLO0              LSE    
 250                420.00                 14:24:52             00062729926TRLO0              LSE    
 1249               420.00                 14:29:52             00062730189TRLO0              LSE    
 436                420.00                 14:29:52             00062730190TRLO0              LSE    
 4226               422.00                 16:11:03             00062738560TRLO0              LSE    
 1966               422.00                 16:11:03             00062738561TRLO0              LSE    
 629                422.00                 16:11:03             00062738562TRLO0              LSE    
 314                422.00                 16:11:10             00062738569TRLO0              LSE    
 570                422.00                 16:11:10             00062738570TRLO0              LSE    
 403                422.00                 16:11:10             00062738571TRLO0              LSE    
 287                422.00                 16:11:10             00062738572TRLO0              LSE    
 105                422.00                 16:11:20             00062738587TRLO0              LSE    
 318                422.00                 16:11:20             00062738588TRLO0              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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