Director/PDMR Shareholding

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: [phone]

 

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