Source - LSE Regulatory
RNS Number : 6047R
Auto Trader Group plc
07 July 2022
 

7 July 2022

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 Single Incentive Plan ("SIPA"), and the subsequent sale of shares to cover tax and other deductions.  All shares were disposed of at a sale price of £5.8424.

Director

Share scheme

Number of shares

Nathan Coe

2017 PSP1

101,813

2019 PSP2

68,930

Total options exercised

170,743

Total number of shares sold

82,591

Total number of shares retained

88,152

 

Director

Share scheme

Number of shares

Catherine Faiers

2019 PSP3

47,996

Total options exercised

47,996

Total number of shares sold

23,217

Total number of shares retained

24,779

 

Director

Share scheme

Number of shares

James Warner

2019 PSP4

16,453

2019 SIPA5

4,604

Total options exercised

21,057

Total number of shares sold

10,186

Total number of shares retained

10,871

 

1.     Includes 5,141 rolled up dividend shares.

2.     Includes 1,643 rolled up dividend shares.

3.     Includes 1,145 rolled up dividend shares.

4.     Includes 390 rolled up dividend shares.

5.     Includes 108 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

3,186,555

0.338%

Catherine Faiers

76,106

0.008%

James Warner

37,087

0.004%

The transactions took place on 6 July 2022, and the Company was notified of the transactions on 6 July 2022.

This announcement is made in accordance with the requirements of the EU 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

170,743


584p

82,591




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total






n/a  - reported separately above







e)

Date of the transaction

06 July 2022

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

47,996


584p

23,217




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total






n/a  - reported separately above







e)

Date of the transaction

06 July 2022

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

21,057


584p

10,186




d)

Aggregated information

-     Aggregated volume

-     Price






Aggregate Price

Aggregate Volume

Aggregate Total






n/a  - reported separately above







e)

Date of the transaction

06 July 2022

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 and Ireland's largest digital automotive marketplace. Our marketplace sits at the heart of the vehicle buying process, with the largest number of car buyers and the largest choice of trusted stock. Auto Trader exists to grow both its car buying audience and core advertising business. It will change how the UK shops for cars by providing the best online car buying experience, enabling all retailers to sell online. We aim to build stronger partnerships with our customers, use our voice and influence to drive more environmentally friendly vehicle choices and create an inclusive and diverse culture. Auto Trader listed on the London Stock Exchange in March 2015 and is now a member of the FTSE 100 Index.

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

 

 

 

 

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