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Auto Trader Group PLC — Director's Dealing 2021
Jul 2, 2021
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Director's Dealing
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RNS Number : 9301D
Auto Trader Group plc
02 July 2021
2nd July 2021
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"), Deferred Annual Bonus Plan ("DABP") 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 £6.3175.
| Director | Share scheme | Number of shares |
| Nathan Coe | 2015 PSP1 | 201,160 |
| 2016 PSP2 | 63,328 | |
| 2018 DABP3 | 26,227 | |
| 2019 DABP4 | 38,420 | |
| Total options exercised | 329,135 | |
| Total number of shares sold | 155,098 | |
| Total number of shares retained | 174,037 |
| Director | Share scheme | Number of shares |
| Catherine Faiers | 2017 PSP5 | 33,169 |
| 2018 SIPA6 | 32,161 | |
| Total options exercised | 65,330 | |
| Total number of shares sold | 30,795 | |
| Total number of shares retained | 34,535 |
| Director | Share scheme | Number of shares |
| James Warner | 2017 PSP7 | 18,463 |
| 2018 SIPA8 | 20,015 | |
| 2019 SIPA9 | 4,552 | |
| Total options exercised | 43,030 | |
| Total number of shares sold | 20,292 | |
| Total number of shares retained | 22,738 |
1. Includes 9,671 rolled up dividend shares.
2. Includes 2,916 rolled up dividend shares.
3. Includes 679 rolled up dividend shares.
4. Includes 483 rolled up dividend shares.
5. Includes 1,342 rolled up dividend shares.
6. Includes 826 rolled up dividend shares.
7. Includes 743 rolled up dividend shares.
8. Includes 512 rolled up dividend shares.
9. Includes 56 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 | 3,098,403 | 0.320% |
| Catherine Faiers | 51,327 | 0.005% |
| James Warner | 26,216 | 0.003% |
The transactions took place on 30 June 2021, and the Company was notified of the transactions on 1 July 2021.
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 | 329,135 | |
| 632p | 155,098 | |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregate Price | Aggregate Volume | Aggregate Total | |
| n/a - reported separately above | |||
e)
Date of the transaction
30 June 2021
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 | 65,330 | |
| 632p | 30,795 | |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregate Price | Aggregate Volume | Aggregate Total | |
| n/a - reported separately above | |||
e)
Date of the transaction
30 June 2021
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 | 43,030 | |
| 632p | 20,292 | |
d)
Aggregated information
- Aggregated volume
- Price
| Aggregate Price | Aggregate Volume | Aggregate Total | |
| n/a - reported separately above | |||
e)
Date of the transaction
30 June 2021
f)
Place of the transaction
XLON
Enquiries:
| Auto Trader Group plc 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 lead an inclusive and diverse culture in our industry. Auto Trader listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
For more information, please visit: https://plc.autotrader.co.uk/
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