Auction Technology Group PLC Director/PDMR Shareholding (8832J)
December 15 2022 - 10:00AM
UK Regulatory
TIDMATG
RNS Number : 8832J
Auction Technology Group PLC
15 December 2022
15 December 2022
Auction Technology Group plc (the "Company")
Notification of Transactions by Persons Discharging Managerial
Responsibility ("PDMRs")
The Company announces that on the dates set out below 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 (the "Awards").
PDMR Date awarded Share Plan Awards Number
of Shares
8 December Long Term Incentive
Phil Michaelson 2022 Plan Nil-Cost Option 70,447
-------------- --------------------- ----------------- -----------
15 December Long Term Incentive
Phil Michaelson 2022 Plan Nil-Cost Option 46,617
-------------- --------------------- ----------------- -----------
19 September Long Term Incentive
Jeremy Stewart 2022 Plan Nil-Cost Option 160,630
-------------- --------------------- ----------------- -----------
19 September Long Term Incentive Conditional
Jeremy Stewart 2022 Plan Share Awards 214,172
-------------- --------------------- ----------------- -----------
8 December Long Term Incentive
Richard Lewis 2022 Plan Nil-Cost Option 21,261
-------------- --------------------- ----------------- -----------
Mr Stewart's Awards have been granted in connection with his
appointment as the new President of Industrial & Commercial
North America, and vest in tranches over five years subject to Mr
Stewart's continuing employment and the satisfaction of performance
conditions.
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)
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 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 in
financial instrument, Auction Technology Group plc
type of instrument
------------------------------- ---------------------------------------------
Identification code GB00BMVQDZ64
------------------------------- ---------------------------------------------
b) Nature of the transaction Grant of Nil-Cost Option under the Company's
Long Term Incentive Plan
------------------------------- ---------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 70,447
----------
------------------------------- ---------------------------------------------
d) Aggregated information Aggregate Aggregate Total Aggregate
* Aggregated volume Price Volume Volume
Nil 70,447 70,447
---------- ----------------
* Price
------------------------------- ---------------------------------------------
e) Date of the transaction 8 December 2022
------------------------------- ---------------------------------------------
f) Place of the transaction Outside of trading venue.
------------------------------- ---------------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Phil Michaelson
------------------------------- --------------------------------------------
Reason for Notification
2
-----------------------------------------------------------------------------
a) Position/status Chief Executive Officer of Live Auctioneers
LLC
------------------------------- --------------------------------------------
b) Initial notification/Amendment Initial Announcement
------------------------------- --------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Auction Technology Group plc
------------------------------- --------------------------------------------
b) LEI 213800U8Q9K2XI3WRE39
------------------------------- --------------------------------------------
Details of the transaction(s): section to be repeated for
4A. (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 Option under the
Company's Long Term Incentive Plan
------------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 46,617
----------
------------------------------- --------------------------------------------
d) Aggregated information Aggregate Aggregate Total Aggregate
* Aggregated volume Price Volume Volume
Nil 46,617 46,617
---------- ----------------
* Price
------------------------------- --------------------------------------------
e) Date of the transaction 15 December 2022
------------------------------- --------------------------------------------
f) Place of the transaction Outside of trading venue.
------------------------------- --------------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Jeremy Stewart
------------------------------- -------------------------------------------
Reason for Notification
2
----------------------------------------------------------------------------
a) Position/status President of Industrial & Commercial
North America
------------------------------- -------------------------------------------
b) Initial notification/Amendment Initial Announcement
------------------------------- -------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------
a) Name Auction Technology Group plc
------------------------------- -------------------------------------------
b) LEI 213800U8Q9K2XI3WRE39
------------------------------- -------------------------------------------
Details of the transaction(s): section to be repeated for
4A. (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 Option under the
Company's Long Term Incentive Plan
------------------------------- -------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 160,630
----------
------------------------------- -------------------------------------------
d) Aggregated information Aggregate Aggregate Total Aggregate
- Aggregated volume Price Volume Volume
- Price Nil 160,630 160,630
---------- ----------------
------------------------------- -------------------------------------------
e) Date of the transaction 19 September 2022
------------------------------- -------------------------------------------
f) Place of the transaction Outside of trading venue.
------------------------------- -------------------------------------------
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Jeremy Stewart
------------------------------- -------------------------------------------
Reason for Notification
2
----------------------------------------------------------------------------
a) Position/status President of Industrial & Commercial
North America
------------------------------- -------------------------------------------
b) Initial notification/Amendment Initial Announcement
------------------------------- -------------------------------------------
Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------
a) Name Auction Technology Group plc
------------------------------- -------------------------------------------
b) LEI 213800U8Q9K2XI3WRE39
------------------------------- -------------------------------------------
Details of the transaction(s): section to be repeated for
4A. (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 Conditional Share Award under the
Company's Long Term Incentive Plan
------------------------------- -------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 214,172
----------
------------------------------- -------------------------------------------
d) Aggregated information Aggregate Aggregate Total Aggregate
* Aggregated volume Price Volume Volume
Nil 214,172 214,172
---------- ----------------
* Price
------------------------------- -------------------------------------------
e) Date of the transaction 19 September 2022
------------------------------- -------------------------------------------
f) Place of the transaction Outside of 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 in
financial instrument, Auction Technology Group plc
type of instrument
------------------------------- ---------------------------------------------
Identification code GB00BMVQDZ64
------------------------------- ---------------------------------------------
b) Nature of the transaction Grant of Nil-Cost Option under the Company's
Long Term Incentive Plan
------------------------------- ---------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 21,261
----------
------------------------------- ---------------------------------------------
d) Aggregated information Aggregate Aggregate Total Aggregate
* Aggregated volume Price Volume Volume
Nil 21,261 21,261
---------- ----------------
* Price
------------------------------- ---------------------------------------------
e) Date of the transaction 8 December 2022
------------------------------- ---------------------------------------------
f) Place of the transaction Outside of trading venue.
------------------------------- ---------------------------------------------
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END
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