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16 June 2025 11:44:03
- Source: Sharecast
16 June 2025
Auction Technology Group plc (the "Company")
Notification of Transactions by Persons Discharging Managerial Responsibilities ("PDMRs")
The Company announces that on 13 June 2025, the conditional share award granted to Jeremy Stewart, a PDMR, by the Company on 19 September 2022 was amended and restated to include changes to the performance period, performance conditions and the number of shares subject to the award (the "Amended and Restated Awards").
The Amended and Restated Awards have been granted in accordance with the rules of the Company's Long Term Incentive Plan, and granted in connection with Mr Stewart's developing role as President of Industrial & Commercial North America. The Amended and Restated Awards will vest at the end of a performance period expiring on 30 December 2029 subject to Mr Stewart's continuing employment and the satisfaction of certain performance conditions.
The relevant notifications set out below in relation to the Amended and Restated Awards are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
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ATG |
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For investor enquiries For media enquiries
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rebeccaedelman@auctiontechnologygroup.com press@auctiontechnologygroup.com |
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Teneo Communications |
+44 207 353 4200 ATG@teneo.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
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Jeremy Stewart |
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2 |
Reason for Notification |
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a) |
Position/status |
President of Industrial & Commercial North America |
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b) |
Initial notification/Amendment |
Amendment |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Auction Technology Group plc |
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b) |
LEI |
213800U8Q9K2XI3WRE39 |
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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 |
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a) |
Description of the financial instrument, type of instrument |
Ordinary Shares of 0.01 pence each in Auction Technology Group plc |
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Identification code |
GB00BMVQDZ64
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b) |
Nature of the transaction |
Conditional Share Award under the Company's Long Term Incentive Plan
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c) |
Price(s) and volume(s)
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d) |
Aggregated information - Aggregated volume - Price |
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e) |
Date of the transaction |
13 June 2025 |
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f) |
Place of the transaction |
Outside of trading venue. |
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