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Auction Technology Group PLC
Director's Dealing • Feb 28, 2025
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 9202Y
Auction Technology Group PLC
28 February 2025
28 February 2025
Auction Technology Group plc (the "Company")
Notification of Transactions by Person Discharging Managerial Responsibility ("PDMR")
The Company announces that on 25 February 2025, Tom Hargreaves, Chief Financial Officer, exercised nil-cost options held under both the Company's Long Term Incentive Plan ("LTIP") and the Deferred Share Bonus Plan ("DSBP"), with shares being transferred from the Company's Employee Benefit Trust ("EBT"). Details of the exercise of options are below. The resulting shares (after the shares sold to pay tax due on exercise ) must be held for a minimum period of two years following the date of cessation of employment. Details of the shares sold to cover the tax are set out below.
Enquiries
Teneo Communications (public relations advisor to ATG)
Tom Murray, Matt Low, Arthur Rogers
+44 207 353 4200 [email protected]
ATG
For investor enquiries [email protected]
For media enquiries [email protected]
Company Secretary [email protected]
The relevant notifications set out below in relation to the exercise of options by Tom Hargreaves are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
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
Tom Hargreaves
2
Reason for Notification
a)
Position/status
Chief Financial 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
Acquisition of Ordinary Shares following the exercise of Nil-Cost Options under the Company's Long Term Incentive Plan and the Deferred Share Bonus Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil | 81,250 |
| Nil | 13,230 |
| Nil | 3,278 |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregated Price | Aggregated Volume |
| Nil | 97,758 |
e)
Date of the transaction
25 February 2025
f)
Place of the transaction
Outside of a trading venue
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Tom Hargreaves
2
Reason for Notification
a)
Position/status
Chief Financial 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
Sale of ordinary shares to cover withholding tax and National Insurance contribution liabilities and dealing costs arising in connection with the exercise.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £5.74 | 46,085 |
d)
Aggregated information
- Aggregated volume
- Price
N/A - Single transaction
e)
Date of the transaction
26 February 2025
f)
Place of the transaction
London Stock Exchange (XLON), Main Market
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