Auction Technology Group PLC Director/PDMR Shareholding (8390B)
June 06 2023 - 7:04AM
UK Regulatory
TIDMATG
RNS Number : 8390B
Auction Technology Group PLC
06 June 2023
6 June 2023
Auction Technology Group plc (the "Company")
Notification of Transactions by Persons Discharging Managerial
Responsibility ("PDMRs")
The Company announces that on 1 June 2023, PDMR Phil Michaelson
exercised 100,000 nil cost options granted under the Company's Long
Term Incentive Scheme in October 2021 and subsequently sold 150,000
ordinary shares of 0.01 pence on the same date.
Details of the transaction are set out in the PDMR Notification
Dealing Form below.
For further information, please contact:
ATG
For investor enquiries rebeccaedelman@auctiontechnologygroup.com
For media enquiries press@auctiontechnologygroup.com
Teneo Communications +44 207 353 4200
(Public relations advisor ATG@teneo.com
to ATG)
Tom Murray, Matt Low, Arthur
Rogers
About Auction Technology Group plc
Auction Technology Group plc ("ATG") is the operator of the
world's leading marketplaces and auction services for curated
online auctions, seamlessly connecting bidders from around the
world to over 3,800 trusted auction houses across two major
sectors: Industrial & Commercial ("I&C") and Art &
Antiques ("A&A").
The Group powers eight online marketplaces and listing sites
using its proprietary auction platform technology, hosting in
excess of 70,000 live and timed auctions each year. ATG has been
supporting the auction industry since 1971 and the Group has
offices in the UK, US and Germany.
LEI 213800U8Q9K2XI3WRE39
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 LiveAuctioneers
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, Ordinary Shares of 0.01 pence each in
type of instrument Auction Technology Group plc
------------------------------- ---------------------------------------------
Identification code
GB00BMVQDZ64
------------------------------- ---------------------------------------------
b) Nature of the transaction Acquisition of shares pursuant to the
exercise of options under the Company's
Long Term Incentive Scheme
------------------------------- ---------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 100,000
----------
------------------------------- ---------------------------------------------
d) Aggregated information Aggregated Aggregated Total Aggregate
* Aggregated volume Price Volume Volume
Nil 100,000 100,000
----------- ----------------
* Price
------------------------------- ---------------------------------------------
e) Date of the transaction 1 June 2023
------------------------------- ---------------------------------------------
f) Place of the transaction London Stock Exchange
------------------------------- ---------------------------------------------
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 LiveAuctioneers
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 in
financial instrument, Auction Technology Group plc
type of instrument
------------------------------- --------------------------------------------
Identification code GB00BMVQDZ64
------------------------------- --------------------------------------------
b) Nature of the transaction Disposal
------------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
746p 150,000
----------
------------------------------- --------------------------------------------
d) Aggregated information Aggregated Aggregated Total Aggregate
- Aggregated volume Price Volume Volume
- Price 746p 150,000 150,000
----------- ----------------
------------------------------- --------------------------------------------
e) Date of the transaction 1 June 2023
------------------------------- --------------------------------------------
f) Place of the transaction London Stock Exchange
------------------------------- --------------------------------------------
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END
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