Autotrader Grp - Director/PDMR Shareholding
RNS Number : 6160JAutotrader Group PLC24 June 202624 June 2026
Autotrader Group plc ("Autotrader", the "Company", or "the Group")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
Grant of Awards under the Company's 2024 Long Term Incentive Plan ("LTIP")
The following PDMRs were granted nil cost option awards over ordinary shares of £0.01 each on 24 June 2026 under the LTIP as noted below:
Name
Number of Shares under Awards
Nathan Coe (Director)
371,867
Jamie Warner (Director)
184,871
Subject to the terms of the LTIP, the awards will ordinarily vest and become exercisable from the later of; the date on which the Committee determines the extent to which the applicable performance conditions have been satisfied and 24 June 2029.
The awards will be subject to the grantee's continued service and the extent to which performance conditions are met over a measurement period comprising three consecutive financial years ending with the 2028/29 financial year. The performance conditions are as outlined in the DRR in the 2026 Annual Report.
In line with best practice and shareholder expectations, the Remuneration Committee shall retain discretion to adjust the vesting outcome if it is not considered to be reflective of underlying financial or non-financial performance of the business or the performance of the individual over the performance period, or where the outcome is not considered appropriate in the context of the experience of shareholders or other stakeholders.
Once exercisable, awards shall ordinarily remain exercisable until 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.
Grant of Awards under the Company's 2024 Deferred Bonus Plan ("DBP")
The following PDMRs were granted nil cost option awards over ordinary shares of £0.01 each on 24 June 2026 under the Auto Trader Group DBP as noted below:
Name
Number of Shares under Awards
Nathan Coe (Director)
58,245
Jamie Warner (Director)
31,369
Subject to the terms of the DBP, the awards will ordinarily vest and become exercisable as from 24 June 2028 subject to the grantee's continued service.
Once exercisable, the awards shall ordinarily remain exercisable until 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 24 June 2026. The transactions took place in the United Kingdom.
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
Autotrader 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.
Identification code
Ordinary shares of 1 pence each
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
371,867
LTIP
GBP0
58,245
DBP
d)
Aggregated information
Aggregate Price
Aggregate Volume
Aggregate Total
GBP0
430,112
n/a
e)
Date of the transaction
24 June 2026
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
Autotrader 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.
Identification code
Ordinary shares of 1 pence each
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
184,871
LTIP
GBP0
31,369
DBP
d)
Aggregated information
Aggregate Price
Aggregate Volume
Aggregate Total
GBP0
216,240
n/a
e)
Date of the transaction
24 June 2026
f)
Place of the transaction
Outside of a trading venue
Autotrader Group plc: Claire Baty, Company Secretary
Enquiries:
Sodali & Co
+44 (0) 20 7250 1446
About Autotrader
Autotrader Group plc is the UK's largest automotive marketplace and a leading digital platform for the automotive industry. Listed on the London Stock Exchange since March 2015, the Company is a member of the FTSE 100 Index.
Autotrader's purpose is Driving Change Together. Responsibly. The company uses advanced data science, artificial intelligence and scalable technology to improve how vehicles are bought and sold, while building stronger partnerships with its customers and the wider automotive ecosystem. Autotrader's platform leverages significant amounts of proprietary data and machine learning models to power pricing, demand forecasting and personalised consumer experiences. These capabilities enable retailers and manufacturers to make better decisions, improve performance and respond to real-time market dynamics.
Autotrader is increasingly digitising the car buying journey, from search and discovery through to financing and purchase, enabling more of the buying journey to take place online. Alongside this, it is using its data and influence to support the transition to electric vehicles. This is all underpinned by a values-led culture that empowers its people to develop and perform, enabling continuous innovation across its platform and products.
The Company also publishes a monthly used car Retail Price Index, based on the analysis of approximately 800,000 vehicles each day from across the automotive retail market. This dataset provides one of the most comprehensive views of the UK automotive market and is used by organisations including the Bank of England and the Office for National Statistics to inform economic indicators and government policy.
For more information, please visit https://plc.autotrader.co.uk/
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