AI Terminal
Auction Technology Group PLC
Director's Dealing • Dec 15, 2022
5057_dirs_2022-12-15_9f96f39e-7a40-4bde-849d-dd6f6cf6fc62.html
Director's Dealing
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 8832J
Auction Technology Group PLC
15 December 2022
15 December 2022
Auction Technology Group plc (the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibility ("PDMRs")
The Company announces that on the dates set out below the following awards over ordinary shares in the capital of the Company were granted to the following PDMRs pursuant to the Company's share incentive plans (the "Awards").
| PDMR | Date awarded | Share Plan | Awards | Number of Shares |
| Phil Michaelson | 8 December 2022 | Long Term Incentive Plan | Nil-Cost Option | 70,447 |
| Phil Michaelson | 15 December 2022 | Long Term Incentive Plan | Nil-Cost Option | 46,617 |
| Jeremy Stewart | 19 September 2022 | Long Term Incentive Plan | Nil-Cost Option | 160,630 |
| Jeremy Stewart | 19 September 2022 | Long Term Incentive Plan | Conditional Share Awards | 214,172 |
| Richard Lewis | 8 December 2022 | Long Term Incentive Plan | Nil-Cost Option | 21,261 |
Mr Stewart's Awards have been granted in connection with his appointment as the new President of Industrial & Commercial North America, and vest in tranches over five years subject to Mr Stewart's continuing employment and the satisfaction of performance conditions.
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 [email protected] |
| ATG | |
| For investor enquiries For media enquiries |
[email protected] [email protected] |
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
b)
Nature of the transaction
Grant of Nil-Cost Option under the Company's Long Term Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 70,447 |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregate Price | Aggregate Volume | Total Aggregate Volume |
| Nil | 70,447 | 70,447 |
e)
Date of the transaction
8 December 2022
f)
Place of the transaction
Outside of trading venue.
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
b)
Nature of the transaction
Grant of Nil-Cost Option under the Company's Long Term Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 46,617 |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregate Price | Aggregate Volume | Total Aggregate Volume |
| Nil | 46,617 | 46,617 |
e)
Date of the transaction
15 December 2022
f)
Place of the transaction
Outside of trading venue.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jeremy Stewart
2
Reason for Notification
a)
Position/status
President of Industrial & Commercial North America
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
b)
Nature of the transaction
Grant of Nil-Cost Option under the Company's Long Term Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 160,630 |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregate Price | Aggregate Volume | Total Aggregate Volume |
| Nil | 160,630 | 160,630 |
e)
Date of the transaction
19 September 2022
f)
Place of the transaction
Outside of trading venue.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jeremy Stewart
2
Reason for Notification
a)
Position/status
President of Industrial & Commercial North America
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
b)
Nature of the transaction
Conditional Share Award under the Company's Long Term Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 214,172 |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregate Price | Aggregate Volume | Total Aggregate Volume |
| Nil | 214,172 | 214,172 |
e)
Date of the transaction
19 September 2022
f)
Place of the transaction
Outside of trading venue.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Richard Lewis
2
Reason for Notification
a)
Position/status
Chief Operating Officer
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
b)
Nature of the transaction
Grant of Nil-Cost Option under the Company's Long Term Incentive Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 21,261 |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregate Price | Aggregate Volume | Total Aggregate Volume |
| Nil | 21,261 | 21,261 |
e)
Date of the transaction
8 December 2022
f)
Place of the transaction
Outside of trading venue.
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 [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHFLFISFVLELIF