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 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 Vincent |
2 |
Reason
for the notification |
a) |
Position/status
|
Director |
b) |
Initial notification
/Amendment
|
Initial notification |
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
financial instrument, type of instrument |
Options over ordinary shares of
£0.50 in Redde Northgate plc under the Redde 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
- Price
|
6691
£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 |
|