TIDMAUTO

RNS Number : 8770V

Auto Trader Group plc

17 December 2021

17 Dec 2021

Auto Trader Group plc (the "Company", "the Group")

Grant of SAYE Options and Notification of Transactions by PDMRs

Employee SAYE awards and director shareholding

Auto Trader Group plc is pleased to announce that it has launched the 2021 Save As You Earn Scheme (the "SAYE" Scheme) for all eligible employees and t hat the Company has been notified of the following share option grant to a Director of the Company under the Company's Save as You Earn ("SAYE") scheme. The SAYE scheme is approved by HM Revenue and Customs.

Pursuant to this all-employee SAYE scheme award, Jamie Warner, Chief Finance Officer, has received 1,009 SAYE Options.

Eligible employees were invited to subscribe for options ("Options") over the Company's ordinary shares of 0.01 pence each ("Ordinary Shares") which have been granted at an exercise price of 588.48p per Ordinary Share in accordance with the terms of the SAYE Scheme. The Options were issued on 16 December 2021 and will normally be exercisable from 1 February 2025 at the end of the three-year SAYE scheme savings contract period.

Enquiries:

 
Auto Trader Group plc 
 Claire Baty, Company Secretary   +44 (0)161 669 9888 
 

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                              Jamie Warner 
      --------------------------------  --------------------------------------------- 
 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                Ordinary shares of 1 pence each 
        financial instrument,             ISIN: GB00BVYVFW23 
        type of instrument. 
        Identification code 
      --------------------------------  --------------------------------------------- 
 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) 
      --------------------------------  ----------------  -------------  ------------ 
   GBP 5.8848                                                     1,009 
  ------------------------------------------------------  -------------  ------------ 
 
 d)    Aggregated information            Aggregate         Aggregate      Aggregate 
                                          Price             Volume         Total 
      --------------------------------  ----------------  -------------  ------------ 
 
 e)    Date of the transaction           16 Dec 2021 
      --------------------------------  --------------------------------------------- 
 f)    Place of the transaction          Outside of a trading venue 
      --------------------------------  --------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHUBOKRAOUUARA

(END) Dow Jones Newswires

December 17, 2021 04:59 ET (09:59 GMT)

Auto Trader (LSE:AUTO)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Auto Trader Charts.
Auto Trader (LSE:AUTO)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Auto Trader Charts.