Director/PDMR Shareholding

Auction Technology Group PLC

06 June 2023

 

6 June 2023

Auction Technology Group plc (the "Company")

Notification of Transactions by Persons Discharging Managerial Responsibility ("PDMRs")

The Company announces that on 1 June 2023, PDMR Phil Michaelson exercised 100,000 nil cost options granted under the Company's Long Term Incentive Scheme in October 2021 and subsequently sold 150,000 ordinary shares of 0.01 pence on the same date.   

Details of the transaction are set out in the PDMR Notification Dealing Form below.

For further information, please contact:

	ATG
	For investor enquiries		[e-mail]
	For media enquiries		[e-mail]
	Teneo Communications		[phone]
	(Public relations advisor to ATG)		[e-mail]
	Tom Murray, Matt Low, Arthur Rogers

About Auction Technology Group plc

Auction Technology Group plc ("ATG") is the operator of the world's leading marketplaces and auction services for curated online auctions, seamlessly connecting bidders from around the world to over 3,800 trusted auction houses across two major sectors: Industrial & Commercial ("I&C") and Art & Antiques ("A&A").

The Group powers eight online marketplaces and listing sites using its proprietary auction platform technology, hosting in excess of 70,000 live and timed auctions each year. ATG has been supporting the auction industry since 1971 and the Group has offices in the UK, US and Germany. 

LEI 213800U8Q9K2XI3WRE39

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 LiveAuctioneers 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	Acquisition of shares pursuant to the exercise of options under the Company's Long Term Incentive Scheme
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 100,000
d)	Aggregated information -     Aggregated volume -     Price	Aggregated Price Aggregated Volume Total Aggregate Volume Nil 100,000 100,000
e)	Date of the transaction	1 June 2023
f)	Place of the transaction	London Stock Exchange

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 LiveAuctioneers 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	Disposal
c)	Price(s) and volume(s)	Price(s) Volume(s) 746p 150,000
d)	Aggregated information -     Aggregated volume -     Price	Aggregated Price Aggregated Volume Total Aggregate Volume 746p 150,000 150,000
e)	Date of the transaction	1 June 2023
f)	Place of the transaction	London Stock Exchange

 

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