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Auto Trader Group PLC — Remuneration Information 2015
Jun 22, 2015
4929_dirs_2015-06-22_d64da163-c3b0-4782-b9cd-3b3d372afdc5.html
Remuneration Information
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RNS Number : 8073Q
Auto Trader Group plc
22 June 2015
22 June 2015
Auto Trader Group plc (the "Company")
Notification of Transaction of PDMRs
Grant of Awards under the Company's Performance Share Plan
On 19 June 2015 the Company's Executive Directors were granted nil cost option awards over ordinary shares of £1.50 each under the Auto Trader Group plc Performance Share Plan (the "PSP") as noted below:
| Executive Director | Number of Shares under Award |
| Trevor Mather | 446,808 |
| Sean Glithero | 185,106 |
Subject to the terms of the PSP, the awards will ordinarily vest and become exercisable as from the third anniversary of the grant of the awards subject to the grantee's continued service and to the extent to which cumulative underlying operating profit and relative total shareholder return performance criteria are met over a measurement period comprising three financial years of the Company ending on 31 March 2018.
Once exercisable, an award shall ordinarily remain exercisable until the eve of the tenth anniversary of the grant date of the awards.
No consideration was paid for the grant of the awards and no consideration is due on the vesting and/or exercise of the awards.
The Company was notified of the above transactions on 19 June 2015.
The transactions took place in the United Kingdom.
This notification is made in accordance with DTR 3.1.4(1)(a).
For further information please contact:
Sean Glithero
Finance Director and Company Secretary
Auto Trader Group plc
Tel: 0161-669-9888
This information is provided by RNS
The company news service from the London Stock Exchange
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