Last checked at 17 Dec 2021 10:00
17 Dec 2021
Auto Trader Group plc (the "Company", "the Group")
Grant of SAYE Options and Notification of Transactions by PDMRs
Employee SAYE awards and director shareholding
Auto Trader Group plc is pleased to announce that it has launched the 2021 Save As You Earn Scheme (the "SAYE" Scheme) for all eligible employees and that the Company has been notified of the following share option grant to a Director of the Company under the Company's Save as You Earn ("SAYE") scheme. The SAYE scheme is approved by HM Revenue and Customs.
Pursuant to this all-employee SAYE scheme award, Jamie Warner, Chief Finance Officer, has received 1,009 SAYE Options.
Eligible employees were invited to subscribe for options ("Options") over the Company's ordinary shares of 0.01 pence each ("Ordinary Shares") which have been granted at an exercise price of 588.48p per Ordinary Share in accordance with the terms of the SAYE Scheme. The Options were issued on 16 December 2021 and will normally be exercisable from 1 February 2025 at the end of the three-year SAYE scheme savings contract period.
Enquiries:
Auto Trader Group plcClaire Baty, Company Secretary | +44 (0)161 669 9888 |
This notification is in accordance with the requirements of Article 19 (3) of the EU Market Abuse Regulation 596/2014. The notification of dealing forms can be found below.
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. 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) | |
GBP 5.8848 | 1,009 | |||
d) | Aggregated information
| Aggregate Price | Aggregate Volume | Aggregate Total |
e) | Date of the transaction | 16 Dec 2021 | ||
f) | Place of the transaction | Outside of a trading venue | ||