RNS Number : 4606V
Northgate PLC
07 August 2015

7 August 2015



In accordance with the provisions of DTR3.1.2R, the Company announces the exercise and partial sale of options over the Company's 50p Ordinary Shares by Bob Contreras as follows:

1.    Exercise of 231,816 (0.174%) Performance Share Plan nil cost options, of which 109,173 (0.082%) were sold at 543.522p to cover PAYE liabilities;

2.    Exercise and sale of 29,719 (0.022%) Deferred Annual Bonus Plan nil cost options at 543.522p. These options, originally awarded in 2010, were due to lapse on 11 August 2015.

The above transactions took place on 6 August 2015 in London and were notified to the Company on 6 August 2015.

Prior to the above transactions Bob Contreras was beneficially interested in 120,058 (0.09%) Ordinary Shares of the Company. Following the above transactions, his beneficial interest has increased to 242,701 (0.182%), equating (at 543.5p) to 323% of salary.

He also has:

-      132,316 vested but unexercised Deferred Annual Bonus Plan options; and

-      128,917 Performance Share Plan options due to vest on 17 August 2015



For further information please contact:


Northgate plc                                              01325 467558

David Henderson



This information is provided by RNS
The company news service from the London Stock Exchange