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Director/PDMR Shareholding

11 Sep 2018 07:00

RNS Number : 3269A
Auto Trader Group plc
11 September 2018
 

Auto Trader Group plc (the "Company")

11 September 2018

Notification of transactions by persons discharging managerial responsibilities

The Company was notified on 10 September 2018 of the following transactions:

· Trevor Mather (Director) notified the Company that he had exercised 103,457 nil-cost options, including 2,236 rolled-up dividend shares, in respect of the 2016 Deferred Annual Bonus Plan awards. 48,753 shares were sold at an average price of £4.33 per share to cover tax and other deductions. The balance of 54,704 shares was retained.

· Nathan Coe (Director) notified the Company that he had exercised 51,235 nil-cost options, including 1,107 rolled-up dividend shares, in respect of the 2016 Deferred Annual Bonus Plan awards. 24,147 shares were sold at an average price of £4.33 per share to cover tax and other deductions. The balance of 27,088 shares was retained.

Following these transactions, Trevor Mather holds 12,054,704 shares in the Company (including shares held by connected persons), representing approximately 1.27% of the total issued shares in the Company (excluding shares held in treasury). Nathan Coe holds 2,910,340 shares in the Company (including shares held by connected persons), representing approximately 0.3% of the total issued shares in the Company (excluding shares held in treasury).

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation.

The notification of dealing form can be found below.

Enquiries: 

Auto Trader Group plcClaire Baty, Company Secretary

+44 (0)161 669 9888

 

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Trevor Mather

2

Reason for the notification

a)

Position/status

Director

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

Exercise of nil-cost options, and sale of ordinary shares of 1 pence

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

103,457

433p

48,753

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price

Aggregate Volume

Aggregate Total

n/a - reported separately above

e)

Date of the transaction

10 September 2018

f)

Place of the transaction

XLON

 

Notification of dealing form

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Nathan Coe

2

Reason for the notification

a)

Position/status

Director

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

Exercise of nil-cost options, and sale of ordinary shares of 1 pence

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

51,235

433p

24,147

d)

Aggregated information

- Aggregated volume

- Price

Aggregate Price

Aggregate Volume

Aggregate Total

n/a - reported separately above

e)

Date of the transaction

10 September 2018

f)

Place of the transaction

XLON

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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