Director/PDMR Shareholding

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.

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	Nil cost options over ordinary shares of £0.50 each in Redde Northgate plc
b)	Identification code	GB00B41H7391
c)	Nature of the transaction	Grant of nil cost options over ordinary shares of £0.50 each in Redde Northgate plc under the LTIP
d)	Price(s) and volume(s)	Price(s) Volume(s) £0 271,763
e)	Aggregated information - Aggregated volume - Price	271,763 £0
f)	Date of the transaction	13 July 2022
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	Nil cost options over ordinary shares of £0.50 each in Redde Northgate plc
b)	Identification code	GB00B41H7391
c)	Nature of the transaction	Grant of nil cost options over ordinary shares of £0.50 each in Redde Northgate plc under the LTIP
d)	Price(s) and volume(s)	Price(s) Volume(s) £0 175,525
e)	Aggregated information - Aggregated volume - Price	175,525 £0
f)	Date of the transaction	13 July 2022
g)	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 [e-mail]