Director/PDMR Shareholding

03 August 2023

Redde Northgate plc

("Redde Northgate" or the "Company")

Director/PDMR Grant of Nil Cost Options and Shareholding

The Company announces that on 2 August 2023 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	273,143
Philip Vincent, Chief Finance Officer	176,416

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) £0 273,143
e)	Aggregated information - Aggregated volume - Price	273,143 £0
f)	Date of the transaction	02 August 2023
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) £0 176,416
e)	Aggregated information - Aggregated volume - Price	176,416 £0
f)	Date of the transaction	02 August 2023
g)	Place of the transaction	Outside trading venue

For further information, please contact:

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

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