Notification of Transactions by PDMRs

RNS Number : 1890Y

Auto Trader Group plc

17 August 2018

 

17 August 2018

Auto Trader Group plc (the "Company", "the Group")

Notification of Transactions by PDMRs

Grant of Awards under the Company's Deferred Annual Bonus Plan

On 17 August 2018 the following PDMRs were granted nil cost option awards over ordinary shares of £0.01 each under the Auto Trader Group plc Deferred Annual Bonus Plan (the "DABP") as noted below:

Name	Number of Shares under Awards
Trevor Mather (Director)	46,004
Nathan Coe (Director)	25,548

Subject to the terms of the DABP, the awards will ordinarily vest and become exercisable as from the second anniversary of the grant of the awards subject to the grantee's continued service.

Once exercisable, the awards 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. Dividend equivalents apply to the awards to the extent they vest.

The Company was notified of the above transactions on 17 August 2018. The transactions took place in the United Kingdom.

Grant of Awards under the Company's Performance Share Plan

On 17 August 2018 the following PDMRs were granted nil cost option awards over ordinary shares of £0.01 each under the Auto Trader Group plc Performance Share Plan (the "PSP") as noted below:

Name	Number of Shares under Awards
Trevor Mather (Director)	248,942
Nathan Coe (Director)	165,326

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 Group operating profit growth and Group revenue growth performance conditions are met over a measurement period comprising three financial years ending on 31 March 2021, as outlined in the 2018 Annual Report.

Once exercisable, awards 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. Dividend equivalents apply to the awards to the extent they vest.

The Company was notified of the above transactions on 17 August 2018. The transactions took place in the United Kingdom.

This notification is in accordance with the requirements of Article 19 (3) of the EU Market Abuse Regulation 596/2014. The notification of dealing forms can be found below.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Trevor Mather
2)	Reason for the notification
a)	Position/status	Chief Executive Officer
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	Grant of nil cost options over ordinary shares of 1 pence
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		GBP0	46,004
		GBP0	248,942
d)	Aggregated information	Aggregate Price	Aggregate Volume	Aggregate Total
		GBP0	294,946	GBP0
e)	Date of the transaction	17 August 2018
f)	Place of the transaction	Outside of a trading venue

Details of the person discharging managerial responsibilities / person closely associated
Name	Nathan Coe
Reason for the notification
Position/status	Chief Operating and Financial Officer
Initial notification/Amendment	Initial notification
Details of the issuer
Name	Auto Trader Group plc
LEI	213800QLK9BZILB1DI86
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
Description of the financial instrument, type of instrument. Identification code	Ordinary shares of 1 pence each ISIN: GB00BVYVFW23
Nature of the transaction	Grant of nil cost options over ordinary shares of 1 pence
Price(s) and volume(s)	Price(s)	Volume(s)
	GBP0	25,548
	GBP0	165,326
Aggregated information	Aggregate Price	Aggregate Volume	Aggregate Total
	GBP0	190,874	GBP0
Date of the transaction	17 August 2018
Place of the transaction	Outside of a trading venue

Enquiries:

Auto Trader Group plc Claire Baty, Company Secretary

[phone]

 

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