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28 Dec 2022 07:00
23 December 2022
Auction Technology Group plc (the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibility ("PDMRs")
The Company has been notified that on 23 December 2022, the administrator of the Company's employee share ownership plan, comprised of the UK Share Incentive Plan ("SIP"), the International Share Incentive Plan ("ISIP") and the US Employee Share Purchase Plan ("ESPP") (together the "Plan") purchased/subscribed for ordinary shares of 0.01 pence each in the capital of the Company, in respect of the six-month accumulation period ended on 30 November 2022 and otherwise in accordance with the Plan rules.
As a result of this purchase/subscription, the Company has been notified that the following PDMRs has acquired the following interests in shares of the Company:
PDMR | Plan | Type of Award | Number of Shares |
Phil Michaelson | ESPP | Plan Shares | 1,395 |
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 |
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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 | 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
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b) | Nature of the transaction | Purchase of Shares under the ESPP
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c) | Price(s) and volume(s)
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d) | Aggregated information - Aggregated volume - Price |
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e) | Date of the transaction | 23 December 2022 | ||||||
f) | Place of the transaction | London Stock Exchange | ||||||
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