Redde Northgate plc announces that an executive director exercised a share award and sold the resulting ordinary shares. Philip Vincent exercised an award of 476,382 options over ordinary shares and sold 224,687 shares. He retained 251,695 shares, which are subject to a two-year holding period. The ordinary shares required for the exercise of the award were transferred from the company's Employee Benefit Trust. The full details of the transaction are provided in the notification by the company.