REG - Auto Trader Grp - Director/PDMR Shareholding

Auto TraderAnnouncement

26/06/2024 13:30

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RNS Number : 0075U  Auto Trader Group plc  26 June 2024

26 June 2024

 

Auto Trader Group plc ("Auto Trader", the "Company", or "the Group")

 

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

 

Grant of Awards under the Company's Deferred Annual Bonus Plan ("DABP")

 

The following PDMRs were granted nil cost option awards over ordinary shares
of £0.01 each on 26 June 2024 under the Auto Trader Group DABP as noted
below:

 

 Name                         Number of Shares under Awards
 Nathan Coe (Director)         58,212
 Catherine Faiers (Director)   27,978
 Jamie Warner (Director)       29,311

 

Subject to the terms of the DABP, the awards will ordinarily vest and become
exercisable as from the second anniversary of the grant of the awards subject
to the grantee's continued service.

 

Once exercisable, the awards shall ordinarily remain exercisable until the eve
of the tenth anniversary of the grant date of the awards. No consideration was
paid for the grant of the awards and no consideration is due on the vesting
and/or exercise of the awards. Dividend equivalents apply to the awards to the
extent they vest.

 

The Company was notified of the above transactions on 26 June 2024. The
transactions took place in the United Kingdom.

 

Grant of Awards under the Company's Performance Share Plan ("PSP")

PSP awards will be granted in September subject to the proposed Directors'
Remuneration Policy being approved at the AGM.

 

The notification of dealing forms can be found below.

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                          Nathan Coe
 2)  Reason for the notification
 a)  Position/status                                               Chief Executive Officer
 b)  Initial notification/Amendment                                Initial notification
 3   Details of the issuer
 a)  Name                                                          Auto Trader Group plc
 b)  LEI                                                           213800QLK9BZILB1DI86
 4   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 1 pence each

     Identification code                                           ISIN: GB00BVYVFW23
 b)  Nature of the transaction                                     Grant of nil cost options over ordinary shares of 1 pence
 c)  Price(s) and volume(s)                                        Price(s)              Volume(s)
                                                                   GBP0                  58,212                DABP
 d)  Aggregated information                                        Aggregate Price       Aggregate Volume      Aggregate Total

                                                                   GBP0                  58,212                n/a
 e)  Date of the transaction                                       26 June 2024
 f)  Place of the transaction                                      Outside of a trading venue

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                          Catherine Faiers
 2)  Reason for the notification
 a)  Position/status                                               Chief Operating Officer
 b)  Initial notification/Amendment                                Initial notification
 3   Details of the issuer
 a)  Name                                                          Auto Trader Group plc
 b)  LEI                                                           213800QLK9BZILB1DI86
 4   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 1 pence each

     Identification code                                           ISIN: GB00BVYVFW23
 b)  Nature of the transaction                                     Grant of nil cost options over ordinary shares of 1 pence
 c)  Price(s) and volume(s)                                        Price(s)              Volume(s)
     GBP0                                                                                27,978                DABP
 d)  Aggregated information                                        Aggregate Price       Aggregate Volume      Aggregate Total

     GBP0                                                                                27,978                n/a
 e)  Date of the transaction                                       26 June 2024
 f)  Place of the transaction                                      Outside of a trading venue

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                          Jamie Warner
 2)  Reason for the notification
 a)  Position/status                                               Chief Financial Officer
 b)  Initial notification/Amendment                                Initial notification
 3   Details of the issuer
 a)  Name                                                          Auto Trader Group plc
 b)  LEI                                                           213800QLK9BZILB1DI86
 4   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 1 pence each

     Identification code                                           ISIN: GB00BVYVFW23
 b)  Nature of the transaction                                     Grant of nil cost options over ordinary shares of 1 pence
 c)  Price(s) and volume(s)                                        Price(s)              Volume(s)
     GBP0                                                                                29,311                DABP
 d)  Aggregated information                                        Aggregate Price       Aggregate Volume      Aggregate Total

     GBP0                                                                                29,311                n/a
 e)  Date of the transaction                                       26 June 2024
 f)  Place of the transaction                                      Outside of a trading venue

 

 

 

 

Enquiries:

 Auto Trader                      0345 111 0006
 Claire Baty, Company Secretary

 

 

About Auto Trader

Auto Trader Group plc is the UK's largest automotive platform. It listed on
the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.

Auto Trader's purpose is Driving Change Together. Responsibly. Auto Trader is
committed to creating a diverse and inclusive culture, it aims to build
stronger partnerships with its customers and use its voice and influence to
drive more environmentally friendly vehicle choices.

With the largest number of car buyers and the largest choice of trusted stock,
Auto Trader's marketplace sits at the heart of the UK car buying process. That
marketplace is built on an industry-leading technology and data platform,
which is increasingly used across the automotive industry. Auto Trader is
continuing to bring more of the car buying journey online, creating an
improved buying experience, whilst enabling all its retailer partners to sell
vehicles online.

Auto Trader publishes a monthly used car Retail Price Index which is based on
pricing analysis of circa 800,000 unique vehicles. The same data that powers
the Index is used by the Office for National Statistics to make the UK's
official measures of inflation more robust, as well as the Bank of England to
feed the broader UK economic indicators.

 For more information, please visit: https://plc.autotrader.co.uk/
(https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fplc.autotrader.co.uk%2F&data=05%7C02%7CClaire.Pickering%40autotrader.co.uk%7C5b06d8a6989b4771c4a908dc95086602%7C926f3743f3d24b8a816818cfcbe776fe%7C0%7C0%7C638549110525637654%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=lWv6xjm58fGrSndGPdPBAKRLWroFWerO38xR9grNgKo%3D&reserved=0)

 

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