Director/PDMR Shareholding
Updated : 15:41
25 September 2019
Northgate plc
("Northgate" or the "Company")
Director/PDMR Shareholding
On 24 September 2019 Northgate plc granted conditional share awards under Northgate plc Executive Performance Share Plan (EPSP) in accordance with the EPSP rules approved at the AGM on 23 September 2019 (AGM) and the Directors acquired shares, in accordance with the award of the Executive Annual Bonus for FY19, following the approval of the Reumneration Policy at the AGM as follows:
Name | Number of share awards granted under LTIP on 24 September 2019 | Number of shares bought in accordance with the Executive Annual Bonus for FY19 |
Kevin Bradshaw, Chief Executive Officer
| 215,156 | 43,719 |
Philip Vincent, Chief Finance Officer | 157,781 | 15,674 |
The EPSP 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
|
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. | ||||
d)
| Price(s) and volume(s)
|
| ||||
e)
| Aggregated information
- Aggregated volume
- Price
|
Not applicable
| ||||
f)
| Date of the transaction
| 24 September 2019 | ||||
g)
| Place of the transaction
| Outside trading venue |
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
| Purchase of shares | ||||
d)
| Price(s) and volume(s)
|
| ||||
e)
| Aggregated information
- Aggregated volume
- Price
|
Not applicable
| ||||
f)
| Date of the transaction
| 24 September 2019 | ||||
g)
| Place of the transaction
| London Stock Exchange | ||||
| ||||||
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. | ||||
d)
| Price(s) and volume(s)
|
| ||||
e)
| Aggregated information
- Aggregated volume
- Price
|
Not applicable
| ||||
f)
| Date of the transaction
| 24 September 2019 | ||||
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
| 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
| Purchase of shares | ||||
d)
| Price(s) and volume(s)
|
| ||||
e)
| Aggregated information
- Aggregated volume
- Price
|
Not applicable
| ||||
f)
| Date of the transaction
| 24 September 2019 | ||||
g)
| Place of the transaction
| London Stock Exchange |
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:
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