Redde Northgate PLC

Director's Dealing • Sep 25, 2019

National Storage Mechanism | Additional information

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RNS Number : 6809N

Northgate PLC

25 September 2019

25 September 2019

Northgate plc

("Northgate" or the "Company")

Director/PDMR Shareholding

On 24 September 2019 Northgate plc granted conditional share awards under Northgate plc Executive Performance Share Plan (EPSP)  in accordance with the EPSP rules approved at the AGM on 23 September 2019 (AGM) and the Directors acquired shares, in accordance with the award of the Executive Annual Bonus for FY19, following the approval of the Reumneration Policy at the AGM as follows:

Name	Number of share awards granted under LTIP on 24 September 2019	Number of shares bought in accordance with the Executive Annual Bonus for FY19
Kevin Bradshaw, Chief Executive Officer	215,156	43,719
Philip Vincent, Chief Finance Officer	157,781	15,674

The EPSP award will ordinarily become exercisable on the third anniversary of grant subject to the EPSP rules, the grantee's continued service and to the extent to which the performance conditions set for the award are satisfied.

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

Kevin Bradshaw

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Northgate plc

b)

LEI

213800B3ZUTDOZYVJB41

4

Details 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 instrument

Ordinary Shares of 50 pence each in Northgate plc

b)

Identification code

GB00B41H7391

c)

Nature of the transaction

Grant of a nil cost option award under the Executive Performance Share Plan.

d)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	215,156

e)

Aggregated information

- Aggregated volume

- Price

Not applicable

f)

Date of the transaction

24 September 2019

g)

Place of the transaction

Outside trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Kevin Bradshaw

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Northgate plc

b)

LEI

213800B3ZUTDOZYVJB41

4

Details 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 instrument

Ordinary Shares of 50 pence each in Northgate plc

b)

Identification code

GB00B41H7391

c)

Nature of the transaction

Purchase of shares

d)

Price(s) and volume(s)

Price(s)	Volume(s)
£3.20	43,719

e)

Aggregated information

- Aggregated volume

- Price

Not applicable

f)

Date of the transaction

24 September 2019

g)

Place of the transaction

London Stock Exchange

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Philip Vincent

2

Reason for the notification

a)

Position/status

Chief Finance Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Northgate plc

b)

LEI

213800B3ZUTDOZYVJB41

4

Details 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 instrument

Ordinary Shares of 50 pence each in Northgate plc

b)

Identification code

GB00B41H7391

c)

Nature of the transaction

Grant of a nil cost option award under the Executive Performance Share Plan.

d)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	157,781

e)

Aggregated information

- Aggregated volume

- Price

Not applicable

f)

Date of the transaction

24 September 2019

g)

Place of the transaction

Outside trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Philip Vincent

2

Reason for the notification

a)

Position/status

Chief Finance Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Northgate plc

b)

LEI

213800B3ZUTDOZYVJB41

4

Details 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 instrument

Ordinary Shares of 50 pence each in Northgate plc

b)

Identification code

GB00B41H7391

c)

Nature of the transaction

Purchase of shares

d)

Price(s) and volume(s)

Price(s)	Volume(s)
£3.20	15,674

e)

Aggregated information

- Aggregated volume

- Price

Not applicable

f)

Date of the transaction

24 September 2019

g)

Place of the transaction

London Stock Exchange

For further information, please contact:

Northgate plc	01325 467558
Katie Tasker-Wood, Company Secretary

Further information regarding Northgate plc can be found on the Company's website:

www.northgateplc.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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