COVID-19 Update

RNS Number : 9580J

Auto Trader Group plc

17 April 2020

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

17 April 2020

AUTO TRADER GROUP PLC

COVID-19 UPDATE

Auto Trader Group plc (LSE: AUTO, "Auto Trader" or the "Company"), the UK's largest digital automotive marketplace, today provides a further update on its response to the ongoing COVID-19 situation.

Continued support for our customers

The UK automotive market continues to face unprecedented levels of disruption, and following the government's announcement on 16^th April, vehicle retailers must now remain closed for business for at least a further three weeks. We will advise our customers today that, while they are required to remain closed during May, our advertising packages will continue to be free.

Nathan Coe, Auto Trader's Chief Executive Officer, commented: "We remain committed to supporting our customers, our industry and our people. As our customers are not able to meaningfully trade, we will do what we can to support them such that when restrictions are lifted, they are able to get back to business."

Media Enquiries:

Powerscourt  [phone]

[e-mail]

About Auto Trader

Auto Trader Group plc is the UK and Ireland's largest digital automotive marketplace. Auto Trader sits at the heart of the UK's vehicle buying process and its primary activity is to help vehicle retailers compete effectively on the marketplace in order to sell more vehicles, faster. Auto Trader listed on the London Stock Exchange in March 2015 and is now a member of the FTSE 100 Index.

For more information, please visit https://plc.autotrader.co.uk/

Market Abuse Regulation:  Auto Trader Group plc Legal Entity Identifier: 213800QLK9BZILB1DI86. Notification by Claire Baty, Company Secretary

 

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