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Director/PDMR Shareholding

15 Dec 2021 15:30

RNS Number : 7875V
Auction Technology Group PLC
15 December 2021
 

15 December 2021

Auction Technology Group plc (the "Company")

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

The Company announces that on 10 December 2021 the following awards over ordinary shares in the capital of the Company were granted to the following PDMRs pursuant to the Company's share incentive plans (together the "Awards").

PDMR

Share Plan

Award

Number of Shares

John-Paul Savant

Long Term Incentive Plan

Nil-Cost Option

45,410

John- Paul Savant

Deferred Bonus Share Plan

Nil-Cost Option

5,358

Tom Hargreaves

Long Term Incentive Plan

Nil-Cost Option

34,725

Tom Hargreaves

Deferred Bonus Share Plan

Nil-Cost Option

3,278

Richard Lewis

Long Term Incentive Plan

Nil-Cost Option

6,411

Daniel Pennington

Long Term Incentive Plan

Conditional Share Award

11,444

Phil Michaelson

Long Term Incentive Plan

Conditional Share Award

33,160

 

The relevant notifications set out below in relation to the Awards are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

 

Tulchan Communications(Public relations advisor to ATG)

+44 207 353 4200

ATG@tulchangroup.com

Tom Murray, Sunni Chauhan, Matt Low, Laura Marshall

 

ATG

For investor enquiries

For media enquiries

 

 

investorrelations@auctiontechnologygroup.com

press@auctiontechnologygroup.com

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

John-Paul Savant

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 under the Company's Long Term Incentive Plan and Deferred Bonus Share Plan

 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil

45,410

Nil

5,358

d)

Aggregated information

- Aggregated volume

- Price

Aggregated Price

Aggregated Volume

Total Aggregate Volume

Nil

50,768

N/A

e)

Date of the transaction

10 December 2021

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

Grant of Nil-Cost Options under the Company's Long Term Incentive Plan and Deferred Bonus Share Plan

 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil

34,725

Nil

3,278

d)

Aggregated information

- Aggregated volume

- Price

Aggregated Price

Aggregated Volume

Total Aggregate Volume

Nil

38,003

N/A

e)

Date of the transaction

10 December 2021

f)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Lewis

2

Reason for Notification

a)

Position/status

Chief Operating 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 under the Company's Long Term Incentive Plan

 

c)

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

Nil

6,411

d)

Aggregated information

- Aggregated volume

- Price

Aggregated Price

Aggregated Volume

Total Aggregate Volume

Nil

6,411

N/A

e)

Date of the transaction

10 December 2021

f)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Daniel Pennington

2

Reason for Notification

a)

Position/status

Senior Vice-President of Sales, North America

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 Conditional Share Award under the Company's Long Term Incentive Plan

 

c)

Price(s) and volume(s)

 

 

Price(s)

 

Volume(s)

Nil

11,444

d)

Aggregated information

- Aggregated volume

- Price

Aggregated Price

Aggregated Volume

Total Aggregate Volume

Nil

11,444

N/A

e)

Date of the transaction

10 December 2021

f)

Place of the transaction

Outside of a trading venue

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Phil Michaelson

2

Reason for Notification

a)

Position/status

Chief Executive Officer of Live Auctioneers LLC

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 Conditional Share Award under the Company's Long Term Incentive Plan

 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil

33,160

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price

Aggregate Volume

Total Aggregate Volume

Nil

33,160

N/A

e)

Date of the transaction

10 December 2021

f)

Place of the transaction

Outside of a trading venue

 

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END
 
 
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