REG - Auction Technology - Director/PDMR Shareholding

Auction TechnologyAnnouncement

20/12/2024 07:00

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RNS Number : 9128Q  Auction Technology Group PLC  20 December 2024

20 December 2024

Auction Technology Group plc (the "Company")

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

The Company announces that on 20 December 2024 the following awards over
ordinary shares in the capital of the Company were granted to the following
PDMRs pursuant to the Company's share incentive plans.

 PDMR              Share Plan                Award                    Number of Shares
 John-Paul Savant  Long Term Incentive Plan  Nil-Cost Option          192,022
 Jeremy Stewart    Long Term Incentive Plan  Conditional Share Award  62,691

 

The award to the Executive Director, John-Paul Savant (the "Executive Award"),
is based on an award multiple of 200% of basic salary, as agreed by the
Remuneration Committee (the "Committee"). The Executive Award will vest on the
third anniversary of grant subject to the achievement of performance
conditions over the three-year period ending 30 September 2027 and will be
subject to the usual two-year post-vesting holding period. Full details of the
Executive Award, including the performance targets, are disclosed in the
Directors' Remuneration Report in the FY2024 Annual Report published on 13
December 2024.

 

Enquiries

Teneo Communications (public relations advisor to ATG)

Tom Murray, Matt Low, Arthur Rogers

+44 207 353 4200 ATG@teneo.com (mailto:ATG@teneo.com)

 

ATG

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

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

Company Secretary cosec@auctiontechnologygroup.com
(mailto:cosec@auctiontechnologygroup.com)

 

The relevant notifications set out below in relation to the awards to
John-Paul Savant and Jeremy Stewart are provided in accordance with the
requirements of Article 19 of the UK Market Abuse Regulation.

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                                                         John-Paul Savant
 2    Reason for Notification
 a)   Position/status                                              Chief Executive Officer
 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                                    Grant of Nil-Cost Option under the Company's Long Term Incentive Plan

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

                                                            Nil       192,022

 d)   Aggregated information                                       Aggregated Price  Aggregated Volume  Total Aggregate Volume

                                                            Nil               192,022            192,022
      -     Aggregated volume

      -     Price
 e)   Date of the transaction                                      20 December 2024
 f)   Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 Aggregated Price  Aggregated Volume  Total Aggregate Volume
 Nil               192,022            192,022

e)

Date of the transaction

20 December 2024

f)

Place of the transaction

Outside of a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Jeremy Stewart
 2    Reason for Notification
 a)   Position/status                                              President of North America
 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                                    Grant of Conditional Share Award under the Company's Long Term Incentive Plan
 c)   Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            Nil       62,691

 d)   Aggregated information                                       Aggregate Price  Aggregate Volume  Total Aggregate Volume

                                                            Nil              62,691            62,691
      -     Aggregated volume

      -     Price
 e)   Date of the transaction                                      20 December 2024
 f)   Place of the transaction                                     Outside of trading venue.

d)

Aggregated information

-     Aggregated volume

-     Price

 Aggregate Price  Aggregate Volume  Total Aggregate Volume
 Nil              62,691            62,691

e)

Date of the transaction

20 December 2024

f)

Place of the transaction

Outside of trading venue.

 

 

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