REG - Auction Technology - Director/PDMR Shareholding

Auction TechnologyAnnouncement

25/01/2022 17:30

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RNS Number : 6172Z  Auction Technology Group PLC  25 January 2022

25 January 2022

Auction Technology Group plc (the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibility
("PDMRs")

Further to the announcement on 20 January 2022, the Company now announces that
on 21 January 2022, 164,684 RSU Shares were sold on Mr Michaelson's behalf to
settle his withholding tax liability.

The relevant notification set out below in relation to the RSU Shares is
provided in accordance with the requirements of Article 19 of the UK Market
Abuse Regulation.

 

 Tulchan Communications                 +44 207 353 4200

(Public relations advisor to ATG)

                                        ATG@tulchangroup.com (mailto:ATG@tulchangroup.com)
 Tom Murray, Matt Low, Laura Marshall

 ATG
 For investor enquiries                 investorrelations@auctiontechnologygroup.com

                                      (mailto:investorrelations@auctiontechnologygroup.com)
 For media enquiries

                                      press@auctiontechnologygroup.com (mailto:press@auctiontechnologygroup.com)

This Announcement should be read in its entirety. In particular, you should
read and understand the information provided in the "Important
Notices" section below.

IMPORTANT NOTICES

This Announcement has been prepared by, and is the sole responsibility of, the
Directors of Auction Technology Group plc.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Phil Michaelson
 2    Reason for Notification
 a)   Position/status                                              Chief Executive Officer of Live Auctioneers LLC
 b)   Initial notification/Amendment                               Initial Announcement
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         Auction Technology Group plc
 b)   LEI                                                          213800U8Q9K2XI3WRE39
 4A.  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 0.01 pence each in Auction Technology Group plc
      Identification code

                                                                   GB00BMVQDZ64

 b)   Nature of the transaction                                    Sale of shares, following the settlement of restricted stock units granted on
                                                                   1 October 2021.

 c)   Price(s) and volume(s)                                       Price(s)       Volume(s)

                                                             £11.553099    164,684

 d)   Aggregated information                                       Aggregate Price  Aggregate Volume  Total Aggregate Volume

                                                            £11.553099       164,684           £1,902,610.56
      -     Aggregated volume

      -     Price
 e)   Date of the transaction                                      21 January 2022
 f)   Place of the transaction                                     London Stock Exchange plc

d)

Aggregated information

-     Aggregated volume

-     Price

 Aggregate Price  Aggregate Volume  Total Aggregate Volume
 £11.553099       164,684           £1,902,610.56

e)

Date of the transaction

21 January 2022

f)

Place of the transaction

London Stock Exchange plc

 

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