Redde Northgate PLC

Remuneration Information • Jul 14, 2022

National Storage Mechanism | Additional information

Redde Northgate Plc - Director/PDMR Shareholding

PR Newswire

London, July 14

14 July 2022

Redde Northgate plc

(“Redde Northgate” or the “Company”)

Director/PDMR Shareholding

The Company announces that on 13 July 2022 it made awards of nil cost options over ordinary shares of £0.50 in the Company (“Options”) under its Executive Performance Share Plan (the Company’s Long Term Incentive Plan or “LTIP”) to the following executive directors:

Name	Number of Options Awarded
Martin Ward, Chief Executive Officer	271,763
Philip Vincent, Chief Finance Officer	175,525

The Options awarded under the LTIP will ordinarily become exercisable on the third anniversary of grant subject to the LTIP rules, the recipient´s continued service and the extent to which the performance conditions set for the award are satisfied. There is a holding period of two years after vesting.  

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

1Details of the person discharging managerial responsibilities / person closely associateda)Name

Martin Ward2Reason for the notificationa)Position/status

Chief Executive Officerb)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 instrumentNil cost options over ordinary shares of £0.50 each in Redde Northgate plcb)Identification code

GB00B41H7391c)Nature of the transaction

Grant of nil cost options over ordinary shares of £0.50 each in Redde Northgate plc under the LTIPd)Price(s) and volume(s)

Price(s)	Volume(s)
£0	271,763

e)Aggregated information

- Aggregated volume

- Price

271,763

£0f)Date of the transaction

13 July 2022g)Place of the transaction

Outside trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)Name

Philip Vincent2Reason for the notificationa)Position/status

Chief Finance Officerb)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 instrumentNil cost options over ordinary shares of £0.50 each in Redde Northgate plcb)Identification code

GB00B41H7391c)Nature of the transaction

Grant of nil cost options over ordinary shares of £0.50 each in Redde Northgate plc under the LTIPd)Price(s) and volume(s)

Price(s)	Volume(s)
£0	175,525

e)Aggregated information

- Aggregated volume

- Price

175,525

£0f)Date of the transaction

13 July 2022g)Place of the transaction

Outside trading venue

Shareholding

Further to its announcement on 11 July 2022, the Company confirms that the following awards of ordinary shares of £0.50 in the Company allocated to the executive directors in accordance with the rules of the Company’s executive annual bonus scheme for FY22 (EAB) were made on 8 July 2022:

Name	Number of shares allocated in accordance with the executive annual bonus for FY22
Martin Ward, Chief Executive Officer	68,747
Philip Vincent, Chief Finance Officer	29,601

For further information, please contact:

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