REG - Auction Technology - Director/PDMR Shareholding

Auction TechnologyAnnouncement

28/02/2025 12:00

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RNS Number : 9202Y  Auction Technology Group PLC  28 February 2025

28 February 2025

Auction Technology Group plc (the "Company")

Notification of Transactions by Person Discharging Managerial Responsibility
("PDMR")

The Company announces that on 25 February 2025, Tom Hargreaves, Chief
Financial Officer, exercised nil-cost options held under both the Company's
Long Term Incentive Plan ("LTIP") and the Deferred Share Bonus Plan ("DSBP"),
with shares being transferred from the Company's Employee Benefit Trust
("EBT"). Details of the exercise of options are below. The resulting shares
(after the shares sold to pay tax due on exercise ) must be held for a minimum
period of two years following the date of cessation of employment.  Details
of the shares sold to cover the tax are set out below.

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 exercise of
options by Tom Hargreaves are provided in accordance with the requirements of
Article 19 of the UK Market Abuse Regulation.

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                                                         Tom Hargreaves
 2    Reason for Notification
 a)   Position/status                                              Chief Financial 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                                    Acquisition of Ordinary Shares following the exercise of Nil-Cost Options
                                                                   under the Company's Long Term Incentive Plan and the Deferred Share Bonus Plan

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

                                                            Nil       81,250
                                                                   Nil       13,230

                                                            Nil       3,278

 d)   Aggregated information                                       Aggregated Price  Aggregated Volume

                                                            Nil               97,758
      -     Aggregated volume

 
      -     Price

 e)   Date of the transaction                                      25 February 2025
 f)   Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 Aggregated Price  Aggregated Volume
 Nil               97,758

 

 

 

e)

Date of the transaction

25 February 2025

f)

Place of the transaction

Outside of a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Tom Hargreaves
 2    Reason for Notification
 a)   Position/status                                              Chief Financial 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                                    Sale of ordinary shares to cover withholding tax and National Insurance
                                                                   contribution liabilities and dealing costs arising in connection with the
                                                                   exercise.

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

                                                            £5.74     46,085

 d)   Aggregated information                                       N/A - Single transaction

      -     Aggregated volume

      -     Price
 e)   Date of the transaction                                      26 February 2025
 f)   Place of the transaction                                     London Stock Exchange (XLON), Main Market

d)

Aggregated information

-     Aggregated volume

-     Price

N/A - Single transaction

 

 

e)

Date of the transaction

26 February 2025

f)

Place of the transaction

London Stock Exchange (XLON), Main Market

 

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