RNS Number : 2024W
Northgate PLC
30 July 2018
 

30 July 2018

Northgate plc

("Northgate" or the "Company")

Director/PDMR Shareholidng

On 27 July 2018 Northgate plc granted conditional share awards under Northgate plc Executive Performance Share Plan (EPSP)  in accordance with the EPSP rules as follows:

Name

Number of share awards granted under LTIP on 27 July 2018

Philip Vincent, Chief Finance Officer

 

95,360

 

The 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.

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

 

 

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

 

 

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

 

95,360

 

 

 

e)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

Not applicable

 

 

 

 

f)

 

Date of the transaction

 

 

27 July 2018

g)

 

Place of the transaction

 

 

Outside trading venue

 

For further information, please contact:

 

Northgate plc   

01325 467558

Katie Tasker-Wood, Company Secretary

 

 

 

Further information regarding Northgate plc can be found on the Company's website:

www.northgateplc.com

 


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