Redde Northgate PLC

Director's Dealing • Aug 9, 2022

National Storage Mechanism | Additional information

Redde Northgate Plc - Director/PDMR Shareholding

PR Newswire

London, August 9

9 August 2022

Redde Northgate plc

(“Redde Northgate” or the “Company”)

Director/PDMR Shareholidng

Notification of Director/PDMR Grant of Optionunder the Redde Northgate plc SAYE Option Scheme

The Company announces that Philip Vincent, Chief Financial Officer, has been granted an option over 6,691 ordinary shares of 50p in the Company under the Redde Northgate plc SAYE Option Scheme (the SAYE Scheme).  

Name	Number of Options Awarded
Philip Vincent, Chief Financial Officer	6,691

The option was granted on 5 August 2022 at an option price of £2.69 per ordinary share. The option will be exercisable during the six month period commencing on 1 September 2025, the end of a three-year savings contract period, in accordance with the terms of the SAYE Scheme. 

Details of the full notification by the Company are set out below.

1

Details of the person discharging managerial responsibilities / person closely associated

a)Name

Philip Vincent2Reason for the notificationa)Position/status

Directorb)Initial notification /Amendment

Initial notification3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitora)Name

Redde Northgate plcb)LEI

213800B3ZUTDOZYVJB414Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)Description of the financial instrument, type of instrumentOptions over ordinary shares of £0.50 in Redde Northgate plc under the Redde Northgate plc SAYE Option Schemeb)Identification code

GB00B41H7391c)Nature of the transaction

Grant of options over ordinary shares of £0.50 in Redde Northgate plc under the Redde Northgate plc SAYE Option Scheme exercisable at an option price of £2.69 in accordance with the terms of the Redde Northgate plc SAYE Option Schemed)Price(s) and volume(s)

Price(s)	Volume(s)
£2.69	6691

e)Aggregated information

- Aggregated volume

- Price

6691

£2.69f)Date of the transaction

5 August 2022g)Place of the transaction

Outside trading venue

For further information, please contact:

Redde Northgate plc
James Kerton, Company Secretary james.kerton@reddenorthgate.com