Redde Northgate Plc - Transaction in Own Shares

Redde Northgate Plc - Transaction in Own Shares

PR Newswire

London, December 2

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

2 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 2 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	: 70,000
Weighted average purchase price paid	: 376. 3583 pence per share
Highest purchase price paid	: 379.5 pence per share
Lowest purchase price paid	: 373 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 15,961,710 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 230,129,713 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 2 December 2022)

Number of shares purchased	Transaction price (GB pence per share)	Time of transaction	Transaction reference number	Venue
202	377.00	08:20:20	00062489455TRLO0	LSE
400	377.50	08:34:00	00062490462TRLO0	LSE
1633	377.50	08:34:00	00062490463TRLO0	LSE
272	377.50	08:34:00	00062490464TRLO0	LSE
515	379.50	08:47:36	00062491298TRLO0	LSE
1000	379.50	08:47:36	00062491299TRLO0	LSE
500	379.50	08:47:36	00062491300TRLO0	LSE
84	379.50	08:47:36	00062491301TRLO0	LSE
658	379.50	09:21:18	00062493173TRLO0	LSE
950	379.50	09:21:18	00062493174TRLO0	LSE
281	379.50	09:21:18	00062493175TRLO0	LSE
2094	379.00	10:40:00	00062496629TRLO0	LSE
1124	378.50	10:41:14	00062496673TRLO0	LSE
500	378.50	10:41:14	00062496674TRLO0	LSE
462	378.50	10:41:14	00062496675TRLO0	LSE
8	378.00	10:59:52	00062497672TRLO0	LSE
627	378.00	11:02:37	00062497788TRLO0	LSE
1498	378.00	11:02:37	00062497789TRLO0	LSE
59	377.50	11:45:05	00062500307TRLO0	LSE
1000	377.50	11:45:05	00062500308TRLO0	LSE
500	377.50	11:45:05	00062500309TRLO0	LSE
458	377.50	11:45:05	00062500310TRLO0	LSE
61	377.50	11:45:05	00062500311TRLO0	LSE
16	377.50	11:54:39	00062500816TRLO0	LSE
68	377.50	11:54:39	00062500817TRLO0	LSE
653	377.50	11:54:39	00062500818TRLO0	LSE
499	377.50	13:28:05	00062505330TRLO0	LSE
499	377.50	13:28:05	00062505331TRLO0	LSE
999	377.50	13:28:05	00062505332TRLO0	LSE
8	377.50	13:28:05	00062505333TRLO0	LSE
921	377.00	13:30:01	00062505432TRLO0	LSE
180	377.00	13:30:01	00062505433TRLO0	LSE
500	377.00	13:30:01	00062505434TRLO0	LSE
500	377.00	13:30:01	00062505439TRLO0	LSE
90	377.00	13:30:01	00062505440TRLO0	LSE
1255	377.00	13:30:01	00062505492TRLO0	LSE
2	377.00	13:30:01	00062505505TRLO0	LSE
448	377.00	13:30:01	00062505515TRLO0	LSE
2041	376.00	13:30:09	00062505733TRLO0	LSE
1400	375.00	13:30:56	00062506053TRLO0	LSE
1	375.00	13:30:56	00062506054TRLO0	LSE
610	375.00	13:30:56	00062506055TRLO0	LSE
1738	374.50	13:31:03	00062506288TRLO0	LSE
676	374.50	13:31:03	00062506289TRLO0	LSE
479	374.00	13:32:02	00062506711TRLO0	LSE
1688	374.00	13:32:02	00062506712TRLO0	LSE
2063	373.00	13:32:04	00062506731TRLO0	LSE
500	378.00	13:57:49	00062510301TRLO0	LSE
1619	378.00	13:57:49	00062510302TRLO0	LSE
2130	377.50	14:03:20	00062510789TRLO0	LSE
481	377.00	14:05:46	00062510938TRLO0	LSE
269	377.00	14:05:46	00062510939TRLO0	LSE
1000	377.00	14:05:46	00062510940TRLO0	LSE
106	377.00	14:05:46	00062510941TRLO0	LSE
1401	376.00	14:19:55	00062511657TRLO0	LSE
500	376.00	14:27:24	00062512179TRLO0	LSE
304	376.00	14:27:24	00062512180TRLO0	LSE
1196	376.00	14:27:24	00062512181TRLO0	LSE
803	376.00	14:27:24	00062512182TRLO0	LSE
380	376.00	14:27:24	00062512183TRLO0	LSE
533	376.00	14:27:24	00062512184TRLO0	LSE
430	376.00	14:27:24	00062512185TRLO0	LSE
713	376.00	14:27:25	00062512186TRLO0	LSE
421	376.00	14:27:27	00062512189TRLO0	LSE
43	375.50	14:27:27	00062512192TRLO0	LSE
76	375.50	14:27:39	00062512201TRLO0	LSE
135	375.50	14:27:39	00062512202TRLO0	LSE
661	376.00	14:35:37	00062513111TRLO0	LSE
93	376.50	14:48:29	00062514309TRLO0	LSE
357	376.50	14:48:29	00062514310TRLO0	LSE
414	376.50	14:48:29	00062514311TRLO0	LSE
260	376.50	14:48:29	00062514312TRLO0	LSE
1878	376.00	14:56:34	00062514971TRLO0	LSE
1865	376.00	15:03:56	00062515494TRLO0	LSE
1825	375.50	15:03:56	00062515496TRLO0	LSE
43	376.50	15:20:14	00062516919TRLO0	LSE
62	376.50	15:20:14	00062516920TRLO0	LSE
255	376.50	15:20:14	00062516921TRLO0	LSE
23	376.50	15:20:14	00062516922TRLO0	LSE
248	376.50	15:20:14	00062516923TRLO0	LSE
428	376.50	15:20:14	00062516924TRLO0	LSE
455	376.50	15:20:14	00062516925TRLO0	LSE
248	376.50	15:23:14	00062517269TRLO0	LSE
458	376.50	15:23:14	00062517271TRLO0	LSE
32	376.50	15:23:14	00062517272TRLO0	LSE
110	376.50	15:23:14	00062517273TRLO0	LSE
365	376.50	15:23:14	00062517274TRLO0	LSE
1917	375.50	15:24:10	00062517341TRLO0	LSE
380	375.50	15:24:10	00062517342TRLO0	LSE
1235	375.50	15:24:10	00062517343TRLO0	LSE
2095	374.50	15:29:10	00062517693TRLO0	LSE
564	375.50	15:46:36	00062518797TRLO0	LSE
390	375.50	15:46:36	00062518798TRLO0	LSE
500	375.50	15:46:36	00062518799TRLO0	LSE
500	375.50	15:46:36	00062518800TRLO0	LSE
6	375.50	15:46:36	00062518801TRLO0	LSE
103	375.50	15:52:41	00062519296TRLO0	LSE
1952	375.50	15:52:41	00062519298TRLO0	LSE
1916	375.00	16:00:27	00062519864TRLO0	LSE
79	375.00	16:00:27	00062519865TRLO0	LSE
854	374.50	16:14:25	00062521012TRLO0	LSE
305	374.50	16:14:33	00062521022TRLO0	LSE
263	374.50	16:17:13	00062521205TRLO0	LSE
445	374.50	16:17:13	00062521206TRLO0	LSE
1156	374.50	16:17:13	00062521207TRLO0	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 [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