Director/PDMR Shareholding

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)	[phone] [e-mail]
ATG
For investor enquiries For media enquiries	[e-mail] [e-mail]

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.

 

END

 

 

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