REG - Auction Technology - Notification of Transactions by PDMR

Auction TechnologyAnnouncement

Tue 07:00

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RNS Number : 5609F  Auction Technology Group PLC  26 May 2026

26 May 2026

Auction Technology Group plc (the "Company")

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

The Company announces that on 22 May 2026 the following awards in the form of
nil-cost options over ordinary shares in the capital of the Company ("Shares")
were granted to Duncan Painter, Chief Executive Officer (each an "Award").

 PDMR            Award            Number of Shares
 Duncan Painter  FY26 LTIP Award   326,633
 Duncan Painter  Buyout Award      94,221

 

FY26 LTIP Award

The FY26 LTIP award has been granted under the Company's Long Term Incentive
Plan ("LTIP").

 

This award will normally vest on the third anniversary of grant subject to the
achievement of performance conditions measured over the three-year period
ending 30 September 2028 and is also 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 Financial Officer on 13 February
2026. Details of the CFO's FY26 LTIP award were disclosed in the Directors'
Remuneration Report in the FY2025 Annual Report.

 

Buyout Award

The buyout award has been granted to Mr Painter in accordance with the terms
of his recruitment, to replace a portion of the awards forfeited with his
previous employer. The buyout award is structured in accordance with the
principles set out in the Company's approved Directors' Remuneration Policy
and is subject to a one-year vesting period (measured from the date he joined
the Company on 5 May 2026) and Mr Painter's continued employment.

 

Enquiries

 ATG
 For investor enquiries            investorrelations@auctiontechnologygroup.com
                                   (mailto:investorrelations@auctiontechnologygroup.com)
 Company Secretary                 cosec@auctiontechnologygroup.com (mailto:cosec@auctiontechnologygroup.com)

 FTI Consulting (Media Enquiries)
 Jamie Ricketts, Matt Dixon        +44 20 3727 1999

 

The relevant notification set out below in relation to the awards to Duncan
Painter 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                                                         Duncan Painter
 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       326,633

 d)   Aggregated information

      -     Aggregated volume                                      N/A - single transaction

      -     Price

 e)   Date of the transaction                                      22 May 2026
 f)   Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

N/A - single transaction

 

 

e)

Date of the transaction

22 May 2026

f)

Place of the transaction

Outside of a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Duncan Painter
 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 Options in compensation for awards forfeited on leaving
                                                                   former employer

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

                                                            Nil       94,221

 d)   Aggregated information

      -     Aggregated volume                                      N/A - single transaction

      -     Price

 e)   Date of the transaction                                      22 May 2026
 f)   Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

-     Aggregated volume

-     Price

 

N/A - single transaction

 

 

e)

Date of the transaction

22 May 2026

f)

Place of the transaction

Outside of a trading venue

 

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