REG-Redde Northgate Plc: Transaction in Own Shares

Redde NorthgateAnnouncement

20/12/2022 18:45

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

20 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 20 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            : 364,467                                
 Weighted average purchase price paid  : 413.5241 pence per share               
 Highest purchase price paid           : 415.5 pence per share                  
 Lowest purchase price paid            : 411.5 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 16,740,252 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 229,351,171 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 December 2022)

 Number of shares   Transaction price      Time of transaction  Transaction reference number  Venue  
 purchased          (GB pence per share)                                                             
 215                415.00                 09:03:33             00062815463TRLO0              LSE    
 1285               415.00                 09:03:33             00062815462TRLO0              LSE    
 811                415.00                 09:03:33             00062815461TRLO0              LSE    
 610                415.00                 09:03:33             00062815460TRLO0              LSE    
 681                414.50                 09:05:21             00062815608TRLO0              LSE    
 709                414.50                 10:20:03             00062819936TRLO0              LSE    
 1452               414.50                 10:20:03             00062819937TRLO0              LSE    
 56                 415.00                 10:20:03             00062819938TRLO0              LSE    
 398                415.00                 10:20:03             00062819939TRLO0              LSE    
 250                415.00                 10:20:03             00062819940TRLO0              LSE    
 595                415.00                 10:20:21             00062819958TRLO0              LSE    
 89                 415.00                 10:20:21             00062819959TRLO0              LSE    
 614                414.00                 11:10:38             00062823436TRLO0              LSE    
 1330               414.00                 11:10:42             00062823438TRLO0              LSE    
 863                414.00                 11:10:42             00062823439TRLO0              LSE    
 283                414.00                 11:10:42             00062823440TRLO0              LSE    
 724                414.00                 11:10:51             00062823447TRLO0              LSE    
 283                414.00                 11:10:51             00062823448TRLO0              LSE    
 81                 414.00                 11:10:51             00062823449TRLO0              LSE    
 518                413.00                 11:40:21             00062824663TRLO0              LSE    
 50                 413.00                 11:40:21             00062824664TRLO0              LSE    
 760                413.00                 11:40:21             00062824665TRLO0              LSE    
 274                413.00                 11:40:21             00062824666TRLO0              LSE    
 910                413.00                 12:00:01             00062825294TRLO0              LSE    
 391                412.00                 12:01:21             00062825387TRLO0              LSE    
 978                412.00                 12:01:21             00062825388TRLO0              LSE    
 619                412.00                 12:02:29             00062825418TRLO0              LSE    
 400                412.00                 12:02:29             00062825419TRLO0              LSE    
 39                 411.50                 12:03:44             00062825480TRLO0              LSE    
 79                 411.50                 12:03:44             00062825481TRLO0              LSE    
 554                411.50                 12:06:01             00062825573TRLO0              LSE    
 1647               413.00                 13:08:07             00062827829TRLO0              LSE    
 862                413.00                 13:08:07             00062827830TRLO0              LSE    
 95                 413.00                 13:19:37             00062828403TRLO0              LSE    
 500                413.50                 13:31:04             00062828935TRLO0              LSE    
 1500               413.50                 13:31:04             00062828936TRLO0              LSE    
 181                413.50                 13:31:04             00062828937TRLO0              LSE    
 76                 413.50                 13:31:04             00062828938TRLO0              LSE    
 472                413.50                 13:31:04             00062828939TRLO0              LSE    
 472                413.50                 13:31:04             00062828940TRLO0              LSE    
 487                413.50                 13:31:51             00062828983TRLO0              LSE    
 487                413.50                 13:31:51             00062828984TRLO0              LSE    
 615                413.50                 13:31:51             00062828985TRLO0              LSE    
 1002               413.50                 13:31:51             00062828986TRLO0              LSE    
 334                413.50                 13:31:51             00062828987TRLO0              LSE    
 86                 413.50                 13:34:31             00062829126TRLO0              LSE    
 32                 413.50                 13:34:31             00062829127TRLO0              LSE    
 887                413.50                 13:34:31             00062829128TRLO0              LSE    
 311                413.50                 13:34:31             00062829129TRLO0              LSE    
 150                413.50                 13:34:31             00062829130TRLO0              LSE    
 334934             413.50                 14:00:44             00062830200TRLO0              LSE    
 1414               415.50                 14:02:13             00062830232TRLO0              LSE    
 81                 415.50                 14:02:21             00062830235TRLO0              LSE    
 73                 415.50                 14:02:21             00062830236TRLO0              LSE    
 868                415.50                 14:30:13             00062831379TRLO0              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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