REDDE NORTHGATE PLC's Managing Director, Jorge Alarcón, exercised options to purchase 8,487 ordinary shares at a price of £2.12 per share. The options were granted on 5 February 2021 under the Company's Save As You Earn scheme, which received shareholder approval on 28 October 2020. The ordinary shares required to satisfy the Options were transferred from the Company's Employee Benefit Trust.
Jorge Alarcón, the Managing Director of Northgate España, is a Person Discharging Managerial Responsibility (PDMR) and was the individual who exercised the options. The transaction took place outside of a trading venue on 2 August 2024.
For further information, individuals can contact ZIGUP plc's Company Secretary, Matthew Barton, at [email protected].