ZIG Zigup Plc

 
TIDMREDD 
 
9 August 2022 
 
                              Redde Northgate plc 
 
                     ("Redde Northgate" or the "Company") 
 
                          Director/PDMR Shareholidng 
 
Notification of Director/PDMR Grant of Option under 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                                                6,691 
Financial Officer 
 
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 Vincent 
 
 
2   Reason for the notification 
 
a)  Position/status           Director 
 
 
b)  Initial notification /    Initial notification 
    Amendment 
 
 
3   Details of the issuer, emission allowance market participant, auction 
    platform, auctioneer or auction monitor 
 
a)  Name                      Redde 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        Options over ordinary shares of £0.50 in 
    financial instrument,     Redde Northgate plc under the Redde 
    type of instrument        Northgate plc SAYE Option Scheme 
 
b)  Identification code       GB00B41H7391 
 
 
c)  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 Scheme 
 
d)  Price(s) and volume(s)    Price(s)             Volume(s) 
 
                              £2.69                6691 
 
e)  Aggregated information 
 
 
    - Aggregated volume       6691 
 
 
    - Price                   £2.69 
 
 
f)  Date of the transaction   5 August 2022 
 
 
g)  Place of the transaction  Outside trading venue 
 
 
For further information, please contact: 
 
Redde Northgate plc 
 
James Kerton, Company Secretary 
james.kerton@reddenorthgate.com 
 
 
 
END 
 
 

(END) Dow Jones Newswires

August 09, 2022 11:52 ET (15:52 GMT)

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