Director's Dealing • Aug 22, 2024
Director's Dealing
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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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