REG - Auction Technology - Director/PDMR Shareholding

Auction TechnologyAnnouncement

30/06/2025 07:00

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RNS Number : 8624O  Auction Technology Group PLC  30 June 2025

30 June 2025

Auction Technology Group plc (the "Company")

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

The Company announces that on 27 June 2025 the following awards over ordinary
shares in the capital of the Company were granted to Sarah Highfield, Chief
Financial Officer, pursuant to the Company's share incentive plans.

 PDMR             Share Plan                Award            Number of Shares
 Sarah Highfield  Long Term Incentive Plan  Nil-Cost Option  31,309
 Sarah Highfield  Long-Term Incentive Plan  Nil-Cost Option  177,416

 

Sarah Highfield joined the Company on 15 May 2025. In accordance with the
terms of the contract, a 'buyout' award of 31,309 shares was made to Ms
Highfield under the LTIP to replace awards forfeited with her previous
employer. Vesting of the award is subject to continued employment. Vesting
will take place in equal annual tranches over three years.

 

The separate award of 177,416 shares represents Ms Highfield's standard FY2025
LTIP award and is based on an award multiple of 200% of basic salary, as
agreed by the Remuneration Committee (the "Committee") in connection with her
appointment. This 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 a two-year post-vesting holding period.
The performance targets for this award are the same as those applying to the
LTIP award made to the Chief Executive Officer on 20 December 2024. These
targets were 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 notification set out below in relation to the awards to Sarah
Highfield 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                                                         Sarah Highfield
 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                                    Grant of Nil-Cost Option under the Company's Long Term Incentive Plan as
                                                                   'buyout' award

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

                                                            Nil       31,309

 d)   Aggregated information                                       Aggregated Price  Aggregated Volume  Total Aggregate Volume

                                                            Nil               31,309             31,309
      -     Aggregated volume

      -     Price
 e)   Date of the transaction                                      27 June 2025
 f)   Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 Aggregated Price  Aggregated Volume  Total Aggregate Volume
 Nil               31,309             31,309

e)

Date of the transaction

27 June 2025

f)

Place of the transaction

Outside of a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Sarah Highfield
 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                                    Grant of Nil-Cost Option under the Company's Long Term Incentive Plan

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

                                                            Nil       177,416

 d)   Aggregated information                                       Aggregated Price  Aggregated Volume  Total Aggregate Volume

                                                            Nil               177,416            177,416
      -     Aggregated volume

      -     Price
 e)   Date of the transaction                                      27 June 2025
 f)   Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 Aggregated Price  Aggregated Volume  Total Aggregate Volume
 Nil               177,416            177,416

e)

Date of the transaction

27 June 2025

f)

Place of the transaction

Outside of a trading venue

 

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