Director/PDMR Shareholding

RNS Number : 4011I

Auto Trader Group plc

19 June 2017

 

19 June 2017

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 16 June 2017 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)	52,062
Nathan Coe (Director)	25,783
Sean Glithero (Director)	24,923

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, 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 16 June 2017. The transactions took place in the United Kingdom.

Grant of Awards under the Company's Performance Share Plan

On 16 June 2017 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)	273,309
Nathan Coe (Director)	131,348
Sean Glithero (Director)	113,228

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 Cumulative operating profit and relative Company total shareholder return performance criteria are met over a measurement period comprising three financial years ending on 31 March 2020.

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 16 June 2017. 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	52,062
		GBP0	273,309
d)	Aggregated information	Aggregate Price	Aggregate Volume	Aggregate Total
		GBP0	325,371	GBP0
e)	Date of the transaction	16 June 2017
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nathan Coe
2)	Reason for the notification
a)	Position/status	Chief Operating 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	25,783
		GBP0	131,348
d)	Aggregated information	Aggregate Price	Aggregate Volume	Aggregate Total
		GBP0	157,131	GBP0
e)	Date of the transaction	16 June 2017
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sean Glithero
2)	Reason for the notification
a)	Position/status	Chief Financial 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	24,923
		GBP0	113,228
d)	Aggregated information	Aggregate Price	Aggregate Volume	Aggregate Total
		GBP0	138,151	GBP0
e)	Date of the transaction	16 June 2017
f)	Place of the transaction	Outside of a trading venue

Enquiries:

Auto Trader Group plc Claire Baty, Company Secretary

[phone]

 

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