Director/PDMR Shareholding

RNS Number : 7088C

Auto Trader Group plc

22 June 2021

 

22 June 2021

Auto Trader Group plc (the "Company")

Notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

On 22 June 2021, the Company was notified of the following transactions in Ordinary Shares of 1 pence of the Company ("Ordinary Shares") held jointly by Ed Williams, Director of the Company and Joanna Barkwill, a Person Closely Associated with Ed Williams.

(1)  A transfer of 325,000 Ordinary Shares to the UBS Donor Advised Foundation (Charity No. 1153551) for nil consideration. Ed Williams and Joanna Barkwill will exercise control in relation to that portion of the Foundation that represents their donation and therefore these shares will continue to be included in Ed Williams' overall holding. 

(2)  500,000 Ordinary Shares to each of the four children of Ed Williams and Joanna Barkwill (2,000,000 Ordinary Shares in total) for nil consideration, one of whom (Rebecca Williams) is considered to be a Person Closely Associated with Ed Williams.

Following these transactions Ed Williams, together with his Persons Closely Associated and shares under their control, holds 5,375,444 shares in the Company, representing approximately 0.56% of the total issued shares in the Company (excluding shares held in treasury).

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation.

The notification of dealing forms can be found below.

Notification of dealing form
1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Ed Williams and Joanna Barkwill
2	Reason for the notification
a)	Position/status	Director and Person Closely Associated
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 financial instrument, type of instrument. Identification code	Ordinary shares of 1 pence each ISIN: GB00BVYVFW23
b)	Nature of the transaction	Transfer of 325,000 ordinary shares of 1 pence to the UBS Donor Advised Foundation Charity for nil consideration.  The UBS Donor Advised Foundation Charity is a charitable trust ( Charity No. 1153551 ).  Ed Williams exercises control in relation to that portion of the Foundation that represents his and Joanna Barkwill's donation . Transfers of 500,000 ordinary shares of 1 pence to each of the four children of Ed Williams and Joanna Barkwill
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 325,000 Nil 2,000,000
d)	Aggregated information -  Aggregated volume -  Price	Aggregate Price Aggregate Volume Aggregate Total Nil 2,325,000
e)	Date of the transaction	22 June 2021
f)	Place of the transaction	Outside of a trading venue

Notification of dealing form
1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Rebecca Williams
2	Reason for the notification
a)	Position/status	Person Closely Associated with Ed Williams
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 financial instrument, type of instrument. Identification code	Ordinary shares of 1 pence each ISIN: GB00BVYVFW23
b)	Nature of the transaction	Transfer of ordinary shares of 1 pence from Ed Williams and Joanna Barkwill for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 500,000
d)	Aggregated information -  Aggregated volume -  Price	Aggregate Price Aggregate Volume Aggregate Total Nil 500,000
e)	Date of the transaction	22 June 2021
f)	Place of the transaction	Outside of a trading venue

Enquiries:  

Auto Trader Group plc Claire Baty, Company Secretary	0345 111 0006

About Auto Trader

Auto Trader Group plc is the UK and Ireland's largest digital automotive marketplace. Our marketplace sits at the heart of the vehicle buying process, with the largest number of car buyers and the largest choice of trusted stock. Auto Trader exists to grow both its car buying audience and core advertising business. It will change how the UK shops for cars by providing the best online car buying experience, enabling all retailers to sell online. We aim to build stronger partnerships with our customers, use our voice and influence to drive more environmentally friendly vehicle choices and lead an inclusive and diverse culture in our industry. Auto Trader listed on the London Stock Exchange in March 2015 and is now a member of the FTSE 100 Index.

For more information, please visit: https://plc.autotrader.co.uk/  

 

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