Redde Northgate Plc - Director/PDMR Shareholding
August 09 2021 - 9:11AM
PR Newswire (US)
09 August 2021
Redde Northgate
plc
(“Redde Northgate”
or the “Company”)
Director/PDMR
Shareholidng
The Company announces that on 09 August
2021 ReddeNorthgate made awards to executive directors of
nil cost options over ordinary shares of £0.50 in the Company
(Options) under its Executive Performance Share Plan (EPSP) as
follows:
| Name |
Number of Options awarded |
| Martin ward, Chief
Executive Officer |
206,853 |
| Philip Vincent, Chief Finance
Officer |
133,601 |
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. There is a holding
period of two years after vesting.
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 |
Martin Ward |
| 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 |
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 |
Ordinary shares of 50 pence each in
Redde Northgate plc |
| b) |
Identification
code |
GB00B41H7391 |
| c) |
Nature of the
transaction
|
Grant of nil cost options under the
Executive Performance Share Plan. |
| d) |
Price(s) and
volume(s)
|
|
Price(s) |
Volume(s) |
| £0 |
206,853 |
|
| e) |
Aggregated
information
- Aggregated volume
- Price |
Not applicable
|
| f) |
Date of the
transaction |
09 August 2021 |
| 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 |
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 |
Ordinary shares of 50 pence each in
Redde Northgate plc |
| b) |
Identification
code |
GB00B41H7391 |
| c) |
Nature of the
transaction
|
Grant of nil cost options under the
Executive Performance Share Plan. |
| d) |
Price(s) and
volume(s)
|
|
Price(s) |
Volume(s) |
| £0 |
133,601 |
|
| e) |
Aggregated
information
- Aggregated volume
- Price |
Not applicable
|
| f) |
Date of the
transaction |
09 August 2021 |
| g) |
Place of the
transaction |
Outside trading venue |
For further information, please contact:
| Redde Northgate
plc |
|
Nick
Tilley, Company Secretary
Ntilley-e@redde.com |
|
Copyright st 9 PR Newswire
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