RNS Number : 7610V
Northgate PLC
01 February 2017
 

The "Director/PDMR Shareholding" announcement released on Monday 30 January 2016 at 1.45pm under RNS Number 4835V has been amended in respect of the number of shares awarded to Kevin Bradshaw as follows:

"No. of shares under Award: 36,107"

All other details remain unchanged. The full amended text is shown below.

 

Northgate plc

("Northgate" or the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.

 

On 26 January 2017 the following award over ordinary shares of 50 pence in Northgate plc was granted under the Northgate Executive Performance Share Plan to the following person discharging managerial responsibilities:

PDMR

No. of shares under Award

Kevin Bradshaw

36,107

 

The award will ordinarily become exercisable on the third anniversary of grant subject to the grantee's continued service and to the extent to which the performance conditions set for the award are satisfied.

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

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Kevin Bradshaw

 

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

 

 

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 Northgate plc

b)

Identification code

 

 

GB00B41H7391

c)

 

Nature of the transaction

 

 

Grant of a nil cost option award under the Executive Performance Share Plan. In the normal course of events the award will become exercisable after three years subject to continued service and to the extent to which performance conditions are met.

 

d)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

Nil

 

 

36,107

 

 

e)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

Not applicable

 

 

 

 

 

f)

 

Date of the transaction

 

 

26 January 2017

g)

 

Place of the transaction

 

 

Outside trading venue

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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