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REDDE NORTHGATE 5%

Redde Northgate Plc - Director/PDMR Shareholding

                                                                                                                                     25 April 2024

Redde Northgate plc
("Redde Northgate" or the "Company")

Director/PDMR Shareholding

TRANSFER OF SHARES

On 25 April 2024 Mark Butcher, a Non-Executive Director of the Company, transferred 5,000 ordinary shares in the Company between two share accounts in which he is the sole beneficial owner. No change to the number of shares beneficially held by the Director has occurred in connection with the transfer, and following the transfer the Director remains interested in 34,676 ordinary shares. The transfer was effected through the sale of 5,000 ordinary shares on his behalf from one account (Transaction 1) and the purchase of 5,000 ordinary shares on his behalf in to an ISA account (Transaction 2) as summarised below. 

 __________________________________________________________________________
|1 |Details of the person discharging managerial responsibilities / person |
|  |closely associated                                                     |
|__|_______________________________________________________________________|
|a)|Name                           |Mark Butcher                           |
|__|_______________________________|_______________________________________|
|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                   |
|__|_______________________________|_______________________________________|
|  |Details of the transaction(s): section to be repeated for (i) each type|
|4 |of instrument; (ii) each type of transaction; (iii) each date; and (iv)|
|  |each place where transactions have been conducted                      |
|__|_______________________________________________________________________|
|a)|Description of the financial   |Ordinary shares of £0.50 each in Redde |
|  |instrument, type of instrument |Northgate plc                          |
|__|_______________________________|_______________________________________|
|b)|Identification code            |GB00B41H7391                           |
|__|_______________________________|_______________________________________|
|c)|Nature of the transaction      |Sale of ordinary shares by the Director|
|__|_______________________________|_______________________________________|
|  |                               | ____________________                  |
|  |                               ||Price(s)  |Volume(s)|                 |
|d)|Price(s) and volume(s)         ||__________|_________|                 |
|  |                               ||384.7005 p|5,000    |                 |
|  |                               ||__________|_________|                 |
|__|_______________________________|_______________________________________|
|  |Aggregated information         |                                       |
|  |                               |5,000                                  |
|e)|- Aggregated Volume            |                                       |
|  |                               |£ 19,235.03                            |
|  |- Aggregated Price             |                                       |
|__|_______________________________|_______________________________________|
|f)|Date of the transaction        |25 April 2024                          |
|__|_______________________________|_______________________________________|
|g)|Place of the transaction       |London Stock Exchange (XLON)           |
|__|_______________________________|_______________________________________|
|  |Transaction 2                                                          |
|__|_______________________________________________________________________|
|a)|Description of the financial   |Ordinary shares of £0.50 each in Redde |
|  |instrument, type of instrument |Northgate plc                          |
|__|_______________________________|_______________________________________|
|b)|Identification code            |GB00B41H7391                           |
|__|_______________________________|_______________________________________|
|c)|Nature of the transaction      |Acquisition of ordinary shares by the  |
|  |                               |Director into an ISA account           |
|__|_______________________________|_______________________________________|
|  |                               | ___________________                   |
|  |                               ||Price(s) |Volume(s)|                  |
|d)|Price(s) and volume(s)         ||_________|_________|                  |
|  |                               ||382.9851p|5,000    |                  |
|  |                               ||_________|_________|                  |
|__|_______________________________|_______________________________________|
|  |Aggregated information         |                                       |
|  |                               |5,000                                  |
|e)|- Aggregated Volume            |                                       |
|  |                               |£ 19,149.26                            |
|  |- Aggregated Price             |                                       |
|__|_______________________________|_______________________________________|
|f)|Date of the transaction        |25 April 2024                          |
|__|_______________________________|_______________________________________|
|g)|Place of the transaction       |London Stock Exchange (XLON)           |
|__|_______________________________|_______________________________________|

 

For further information, please contact:

  

        Redde Northgate plc
        James Kerton, Company Secretary

james.kerton@reddenorthgate.com