Redde Northgate Plc - Transaction in Own Shares

Redde Northgate Plc - Transaction in Own Shares

PR Newswire

London, July 25

26 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 25 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	: 377. 9299 pence per share
Highest purchase price paid	: 380 pence per share
Lowest purchase price paid	: 374.5 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 6,616,189 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 239,475,234, 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 25 July 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
1678	374.50	08:20:48	00060196829TRLO0	LSE
473	374.50	08:20:48	00060196830TRLO0	LSE
2261	377.50	08:55:38	00060197757TRLO0	LSE
1029	379.00	09:14:22	00060198220TRLO0	LSE
700	379.00	09:14:22	00060198221TRLO0	LSE
502	379.00	09:14:22	00060198222TRLO0	LSE
828	379.00	09:14:38	00060198228TRLO0	LSE
84	379.00	09:14:38	00060198229TRLO0	LSE
2064	379.50	09:23:17	00060198507TRLO0	LSE
530	379.50	09:28:28	00060198620TRLO0	LSE
1691	379.50	09:28:28	00060198621TRLO0	LSE
1949	379.50	10:27:41	00060200166TRLO0	LSE
771	379.50	10:27:41	00060200167TRLO0	LSE
700	379.50	10:27:41	00060200168TRLO0	LSE
405	379.50	10:27:41	00060200169TRLO0	LSE
589	380.00	10:27:41	00060200170TRLO0	LSE
700	380.00	10:27:41	00060200171TRLO0	LSE
1339	380.00	10:27:41	00060200172TRLO0	LSE
271	380.00	10:27:41	00060200173TRLO0	LSE
2213	379.50	11:42:45	00060201876TRLO0	LSE
2087	379.50	11:42:45	00060201877TRLO0	LSE
114	379.00	12:47:30	00060203416TRLO0	LSE
174	379.00	12:47:51	00060203472TRLO0	LSE
1766	379.00	12:47:51	00060203473TRLO0	LSE
209	379.00	12:47:51	00060203474TRLO0	LSE
648	379.00	12:47:52	00060203476TRLO0	LSE
1865	378.00	13:06:56	00060203858TRLO0	LSE
402	377.00	13:09:15	00060203909TRLO0	LSE
27	377.00	14:00:06	00060205014TRLO0	LSE
328	377.50	14:15:57	00060205424TRLO0	LSE
16	377.50	14:15:57	00060205425TRLO0	LSE
558	377.50	14:15:57	00060205426TRLO0	LSE
700	377.50	14:15:57	00060205427TRLO0	LSE
234	377.50	14:15:57	00060205428TRLO0	LSE
1951	377.50	14:15:57	00060205429TRLO0	LSE
994	377.50	14:25:14	00060205699TRLO0	LSE
1835	377.50	14:30:22	00060205927TRLO0	LSE
15	377.50	14:30:22	00060205928TRLO0	LSE
2214	377.00	14:30:36	00060205940TRLO0	LSE
986	377.00	14:49:20	00060206818TRLO0	LSE
700	377.00	14:49:20	00060206819TRLO0	LSE
441	377.00	14:49:20	00060206820TRLO0	LSE
268	376.50	15:01:30	00060207533TRLO0	LSE
60	377.00	15:04:43	00060207708TRLO0	LSE
2100	377.00	15:04:43	00060207709TRLO0	LSE
83	377.00	15:04:43	00060207710TRLO0	LSE
244	377.50	15:19:17	00060208474TRLO0	LSE
694	377.50	15:19:17	00060208475TRLO0	LSE
77	377.50	15:19:17	00060208476TRLO0	LSE
99	377.50	15:19:17	00060208477TRLO0	LSE
18	377.50	15:19:20	00060208479TRLO0	LSE
57	377.50	15:25:10	00060208695TRLO0	LSE
700	377.50	15:26:38	00060208796TRLO0	LSE
270	377.50	15:26:38	00060208797TRLO0	LSE
506	377.00	15:32:58	00060209309TRLO0	LSE
4	377.00	15:32:58	00060209310TRLO0	LSE
470	377.00	15:32:58	00060209311TRLO0	LSE
201	377.00	15:32:58	00060209312TRLO0	LSE
504	377.00	15:32:58	00060209313TRLO0	LSE
23	377.00	15:32:58	00060209314TRLO0	LSE
335	377.00	15:32:58	00060209315TRLO0	LSE
1	376.50	15:52:45	00060210303TRLO0	LSE
700	376.50	15:52:45	00060210304TRLO0	LSE
300	376.50	15:52:45	00060210305TRLO0	LSE
700	376.50	15:52:45	00060210306TRLO0	LSE
1148	374.50	16:00:42	00060210759TRLO0	LSE
565	374.50	16:10:47	00060211420TRLO0	LSE
832	374.50	16:12:04	00060211492TRLO0	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 [phone]

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