Director/PDMR Shareholding

25 August 2023

Redde Northgate plc

("Redde Northgate" or the "Company")

Director/PDMR Shareholding

Exercise of executive share award

The Company announces that the nil cost award of options over ordinary shares of £0.50 pence each in the Company made to the executive director on 13 August 2020 under the Company's 2019 Executive Performance Share Plan ("Award") vested on 13 August 2023.

On 21 August 2023, the executive director exercised the following Award and sold the following resulting ordinary shares:

Director	Award exercised	Shares sold	Shares retained
Martin Ward	778,315	367,094	411,221 (These shares are subject to a two-year holding period)

The ordinary shares required to satisfy the exercise of the Award was transferred from the Company's Employee Benefit Trust.

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	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	Ordinary shares of £0.50 each in Redde Northgate plc
b)	Identification code	GB00B41H7391
c)	Nature of the transaction	Acquisition of Ordinary Shares made under the Redde Northgate plc 2019 Executive Performance Share Plan.
d)	Price(s) and volume(s)	Price(s) Volume(s)  Nil 778,315
e)	Aggregated information - Aggregated Volume - Price	778,315 Nil
f)	Date of the transaction	21 August 2023
g)	Place of the transaction	Outside of a Trading Venue
	Transaction 2
a)	Description of the financial instrument, type of instrument	Ordinary shares of £0.50 each in Redde Northgate plc
b)	Identification code	GB00B41H7391
c)	Nature of the transaction	Sale of Ordinary Shares made under the Redde Northgate plc 2019 Executive Performance Share Plan to cover  personal tax and social security obligations arising from the vesting of the Executive Performance Share Plan  Award. (This is set out in columns d&e of transaction 2) Balance of shares being 411,221 transferred to his nominee account with no change in beneficial ownership.
d)	Price(s) and volume(s)	Price(s) Volume(s) £  3.31 367,094
e)	Aggregated information - Aggregated Volume - Price	367,094 £3.31
f)	Date of the transaction	25 August 2023
g)	Place of the transaction	London Stock Exchange (XLON)

For further information, please contact:

Redde Northgate plc
James Kerton, Company Secretary [e-mail]

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