Director/PDMR Shareholding

RNS Number : 6172Z

Auction Technology Group PLC

25 January 2022

 

25 January 2022

Auction Technology Group plc (the "Company")

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

Further to the announcement on 20 January 2022, the Company now announces that on 21 January 2022, 164,684 RSU Shares were sold on Mr Michaelson's behalf to settle his withholding tax liability.

The relevant notification set out below in relation to the RSU Shares is 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]
Tom Murray, Matt Low, Laura Marshall
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	Sale of shares, following the settlement of restricted stock units granted on 1 October 2021.
c)	Price(s) and volume(s)	Price(s) Volume(s)  £11.553099 164,684
d)	Aggregated information - Aggregated volume - Price	Aggregate Price Aggregate Volume Total Aggregate Volume £ 11.553099 164,684 £1,902,610.56
e)	Date of the transaction	21 January 2022
f)	Place of the transaction	London Stock Exchange plc

 

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