AUTO.L

Auto Trader Group Plc
Auto Trader Grp - Director/PDMR Shareholding
22nd August 2024, 09:08
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RNS Number : 4220B
Auto Trader Group plc
22 August 2024
 

22 August 2024

Auto Trader Group plc ("Auto Trader" or the "Company")

Notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

Auto Trader announces the following exercise of nil-cost options by PDMRs granted in previous years under the Performance Share Plan ("PSP") and the Deferred Annual Bonus Plan ("DABP"), and the subsequent sale of shares to cover tax and other deductions.  All shares were disposed of at a sale price of £8.2398.

Director

Share scheme

Number of shares

Nathan Coe

2021 PSP1

200,341

2022 DABP2

56,296

Total options exercised

256,637

Total number of shares sold

120,922

Total number of shares retained

135,715

 

Director

Share scheme

Number of shares

Catherine Faiers

2021 PSP3

83,323

2022 DABP4

27,056

Total options exercised

110,379

Total number of shares sold

52,009

Total number of shares retained

58,370

 

Director

Share scheme

Number of shares

James Warner

2021 PSP5

87,294

2022 DABP6

28,344

Total options exercised

115,638

Total number of shares sold

54,487

Total number of shares retained

61,151

 

1.     Includes 7,573 rolled up dividend shares.

2.     Includes 1,510 rolled up dividend shares.

3.     Includes 3,146 rolled up dividend shares.

4.     Includes 724 rolled up dividend shares.

5.     Includes 3,299 rolled up dividend shares.

6.     Includes 758 rolled up dividend shares.

Following the transactions, the interests held in shares of each PDMR (including connected persons) are as follows:

Director

Number of shares

% of Company's issued share capital (excluding treasury shares)

Nathan Coe

3,322,270

0.371%

Catherine Faiers

134,476

0.015%

James Warner

102,162

0.011%

The transactions took place on 21 August 2024, and the Company was notified of the transactions on 21 August 2024.

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

The notification of dealing forms can be found below.

 


 

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

135,715


824p

120,922




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total






n/a  - reported separately above







e)

Date of the transaction

21 August 2024

f)

Place of the transaction

XLON

 

Notification of dealing form

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Catherine Faiers

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

58,370


824p

52,009




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total






n/a  - reported separately above







e)

Date of the transaction

21 August 2024

f)

Place of the transaction

XLON

  

Notification of dealing form

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

James Warner

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

61,151


824p

54,487




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total






n/a  - reported separately above







e)

Date of the transaction

21 August 2024

f)

Place of the transaction

XLON

 

Enquiries:

Auto Trader
 Claire Baty, Company Secretary

0345 111 0006 

 

 

About Auto Trader

Auto Trader Group plc is the UK's largest automotive platform. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.

 

Auto Trader's purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.

 

With the largest number of car buyers and the largest choice of trusted stock, Auto Trader's marketplace sits at the heart of the UK car buying process. That marketplace is built on an industry-leading technology and data platform, which is increasingly used across the automotive industry. Auto Trader is continuing to bring more of the car buying journey online, creating an improved buying experience, whilst enabling all its retailer partners to sell vehicles online.

 

Auto Trader publishes a monthly used car Retail Price Index which is based on pricing analysis of circa 800,000 unique vehicles. The same data that powers the Index is used by the Office for National Statistics to make the UK's official measures of inflation more robust, as well as the Bank of England to feed the broader UK economic indicators.

 

 For more information, please visit: https://plc.autotrader.co.uk/

 

 

 

 

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