Director/PDMR Shareholding

RNS Number : 5003K

Northgate PLC

07 July 2017

 

7 July 2017

Northgate plc

("Northgate" or the "Company")

Director/PDMR Shareholidng

On 6 July 2017 Northgate plc granted conditional share awards under Northgate plc Executive Performance Share Plan (EPSP)  in accordance with the EPSP rules to the executive directors as follows:

Name	Number of share awards granted under LTIP on 16 November 2016
Kevin Bradshaw, Chief Executive	134,772
Paddy Gallagher, Group Finance Director	107,355

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
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 134,772
e)	Aggregated information - Aggregated volume - Price	Not applicable
f)	Date of the transaction	6 July 2017
g)	Place of the transaction	Outside trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paddy Gallagher
2	Reason for the notification
a)	Position/status	Group Finance Director
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 107,355
e)	Aggregated information - Aggregated volume - Price	Not applicable
f)	Date of the transaction	6 July 2017
g)	Place of the transaction	Outside trading venue

For further information, please contact:

Northgate plc	01325 467558
Katie Wood, Company Secretary

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

www.northgateplc.com

 

END

 

 

DSHEASXXEEEXEFF