TIDMATG

RNS Number : 7875V

Auction Technology Group PLC

15 December 2021

15 December 2021

Auction Technology Group plc (the "Company")

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

The Company announces that on 10 December 2021 the following awards over ordinary shares in the capital of the Company were granted to the following PDMRs pursuant to the Company's share incentive plans (together the "Awards").

 
 PDMR                 Share Plan              Award                Number of 
                                                                    Shares 
                      Long Term Incentive 
 John-Paul Savant      Plan                   Nil-Cost Option       45,410 
                     ----------------------  -------------------  ---------- 
 John- Paul           Deferred Bonus Share 
  Savant               Plan                   Nil-Cost Option        5,358 
                     ----------------------  -------------------  ---------- 
                      Long Term Incentive 
 Tom Hargreaves        Plan                   Nil-Cost Option       34,725 
                     ----------------------  -------------------  ---------- 
                      Deferred Bonus Share 
 Tom Hargreaves        Plan                   Nil-Cost Option        3,278 
                     ----------------------  -------------------  ---------- 
                      Long Term Incentive 
 Richard Lewis         Plan                   Nil-Cost Option        6,411 
                     ----------------------  -------------------  ---------- 
                      Long Term Incentive     Conditional Share 
 Daniel Pennington     Plan                    Award                11,444 
                     ----------------------  -------------------  ---------- 
                      Long Term Incentive     Conditional Share 
 Phil Michaelson       Plan                    Award                33,160 
                     ----------------------  -------------------  ---------- 
 

The relevant notifications set out below in relation to the Awards are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

 
 Tulchan Communications            +44 207 353 4200 
  (Public relations advisor to      ATG@tulchangroup.com 
  ATG) 
 Tom Murray, Sunni Chauhan, Matt 
  Low, Laura Marshall 
 ATG 
 For investor enquiries            investorrelations@auctiontechnologygroup.com 
  For media enquiries               press@auctiontechnologygroup.com 
 

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                             John-Paul Savant 
      -------------------------------  -------------------------------------------- 
 2     Reason for Notification 
      ----------------------------------------------------------------------------- 
 a)    Position/status                  Chief Executive Officer 
      -------------------------------  -------------------------------------------- 
 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               Ordinary Shares of 0.01 pence each 
        financial instrument,            in Auction Technology Group plc 
        type of instrument 
      -------------------------------  -------------------------------------------- 
       Identification code              GB00BMVQDZ64 
      -------------------------------  -------------------------------------------- 
 b)    Nature of the transaction        Grant of Nil-Cost Options under the 
                                         Company's Long Term Incentive Plan 
                                         and Deferred Bonus Share Plan 
      -------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s)            Price(s)    Volume(s) 
                                          Nil         45,410 
                                                     ---------- 
                                          Nil         5,358 
                                                     ---------- 
      -------------------------------  -------------------------------------------- 
 d)         Aggregated information       Aggregated   Aggregated   Total Aggregate 
              *    Aggregated volume       Price        Volume       Volume 
                                          Nil          50,768       N/A 
                                                      -----------  ---------------- 
              *    Price 
      -------------------------------  -------------------------------------------- 
 e)    Date of the transaction          10 December 2021 
      -------------------------------  -------------------------------------------- 
 f)    Place of the transaction         Outside of a trading venue 
      -------------------------------  -------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                             Tom Hargreaves 
      -------------------------------  -------------------------------------------- 
 2     Reason for Notification 
      ----------------------------------------------------------------------------- 
 a)    Position/status                  Chief Financial Officer 
      -------------------------------  -------------------------------------------- 
 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               Ordinary Shares of 0.01 pence each 
        financial instrument,            in Auction Technology Group plc 
        type of instrument 
      -------------------------------  -------------------------------------------- 
       Identification code              GB00BMVQDZ64 
      -------------------------------  -------------------------------------------- 
 b)    Nature of the transaction        Grant of Nil-Cost Options under the 
                                         Company's Long Term Incentive Plan 
                                         and Deferred Bonus Share Plan 
      -------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s)            Price(s)    Volume(s) 
                                          Nil         34,725 
                                                     ---------- 
                                          Nil         3,278 
                                                     ---------- 
      -------------------------------  -------------------------------------------- 
 d)         Aggregated information       Aggregated   Aggregated   Total Aggregate 
              *    Aggregated volume       Price        Volume       Volume 
                                          Nil          38,003       N/A 
                                                      -----------  ---------------- 
              *    Price 
      -------------------------------  -------------------------------------------- 
 e)    Date of the transaction          10 December 2021 
      -------------------------------  -------------------------------------------- 
 f)    Place of the transaction         Outside of a trading venue 
      -------------------------------  -------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                             Richard Lewis 
      -------------------------------  -------------------------------------------- 
 2     Reason for Notification 
      ----------------------------------------------------------------------------- 
 a)    Position/status                  Chief Operating Officer 
      -------------------------------  -------------------------------------------- 
 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               Ordinary Shares of 0.01 pence each 
        financial instrument,            in Auction Technology Group plc 
        type of instrument 
      -------------------------------  -------------------------------------------- 
       Identification code              GB00BMVQDZ64 
      -------------------------------  -------------------------------------------- 
 b)    Nature of the transaction        Grant of Nil-Cost Options under the 
                                         Company's Long Term Incentive Plan 
      -------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s)            Price(s)    Volume(s) 
                                          Nil         6,411 
                                                     ---------- 
      -------------------------------  -------------------------------------------- 
 d)         Aggregated information       Aggregated   Aggregated   Total Aggregate 
              *    Aggregated volume       Price        Volume       Volume 
                                          Nil          6,411        N/A 
                                                      -----------  ---------------- 
              *    Price 
      -------------------------------  -------------------------------------------- 
 e)    Date of the transaction          10 December 2021 
      -------------------------------  -------------------------------------------- 
 f)    Place of the transaction         Outside of a trading venue 
      -------------------------------  -------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                             Daniel Pennington 
      -------------------------------  -------------------------------------------- 
 2     Reason for Notification 
      ----------------------------------------------------------------------------- 
 a)    Position/status                  Senior Vice-President of Sales, North 
                                         America 
      -------------------------------  -------------------------------------------- 
 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               Ordinary Shares of 0.01 pence each 
        financial instrument,            in Auction Technology Group plc 
        type of instrument 
      -------------------------------  -------------------------------------------- 
       Identification code              GB00BMVQDZ64 
      -------------------------------  -------------------------------------------- 
 b)    Nature of the transaction        Grant of Conditional Share Award under 
                                         the Company's Long Term Incentive 
                                         Plan 
      -------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s)            Price(s)    Volume(s) 
                                          Nil         11,444 
                                                     ---------- 
      -------------------------------  -------------------------------------------- 
 d)         Aggregated information       Aggregated   Aggregated   Total Aggregate 
              *    Aggregated volume       Price        Volume       Volume 
                                          Nil          11,444       N/A 
                                                      -----------  ---------------- 
              *    Price 
      -------------------------------  -------------------------------------------- 
 e)    Date of the transaction          10 December 2021 
      -------------------------------  -------------------------------------------- 
 f)    Place of the transaction         Outside of a trading venue 
      -------------------------------  -------------------------------------------- 
 
 
 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               Ordinary Shares of 0.01 pence each 
        financial instrument,            in Auction Technology Group plc 
        type of instrument 
      -------------------------------  -------------------------------------------- 
       Identification code              GB00BMVQDZ64 
      -------------------------------  -------------------------------------------- 
 b)    Nature of the transaction        Grant of Conditional Share Award under 
                                         the Company's Long Term Incentive 
                                         Plan 
      -------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s)            Price(s)    Volume(s) 
                                          Nil         33,160 
                                                     ---------- 
      -------------------------------  -------------------------------------------- 
 d)         Aggregated information       Aggregate   Aggregate   Total Aggregate 
              *    Aggregated volume       Price       Volume      Volume 
                                          Nil         33,160      N/A 
                                                     ----------  ---------------- 
              *    Price 
      -------------------------------  -------------------------------------------- 
 e)    Date of the transaction          10 December 2021 
      -------------------------------  -------------------------------------------- 
 f)    Place of the transaction         Outside of a trading venue 
      -------------------------------  -------------------------------------------- 
 

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