Form 8 (Opening Position Disclosure)

Auction Technology Group PLC

19 January 2026

 

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	Auction Technology Group plc
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Auction Technology Group plc
(d) Is the discloser the offeror or the offeree?	OFFEREE
(e) Date position held:      The latest practicable date prior to the disclosure	15 January 2026
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	N/A

2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

Class of relevant security:	Ordinary Shares of 0.01 pence
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	Nil	Nil	Nil	Nil
(2) Cash-settled derivatives:	Nil	Nil	Nil	Nil
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	Nil	Nil	Nil	Nil
TOTAL:	Nil	Nil	Nil	Nil

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

(b)        Rights to subscribe for new securities

Class of relevant security in relation to which subscription right exists:	NONE.
Details, including nature of the rights concerned and relevant percentages:	NONE.

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

Interests of directors Auction Technology Group plc ordinary shares held by directors of Auction Technology Group plc: Name Number of shares Percentage of existing issued ordinary share capital John-Paul Savant 2,649,4311 2.16% Scott Forbes 160,548 0.13% Suzanne Baxter 3,389 0.00% Tamsin Todd 2,773 0.00% 1 Shares also held in the name of his spouse and the Savant Discretionary Trust (the "Trust"). The settlors and trustees of the Trust are John-Paul Savant and his spouse; and the beneficiaries of the Trust are John-Paul Savant's close relatives. Share awards and options held by directors of Auction Technology Group plc Awards under the Long Term Incentive Plan have been granted as nil cost options and (unless specified below) are subject to performance conditions. If these conditions are met, the awards vest and are exercisable three years after the date of grant (unless specified below). Options are exercisable for up to 10 years following the date of grant. Awards under the Deferred Share Bonus Plan are also granted as nil cost options and vest from the date falling three years after their date of grant. Options are exercisable for up to 10 years following the date of grant. I.          John-Paul Savant a.   Long Term Incentive Plan2 No. of Awards Date of grant Vesting date Exercise price Expiry date 192,022 20 December 2024 20 December 2027 Nil 20/12/34 161,667 8 December 2023 8 December 2026 Nil 08/12/33 17,301 10 December 2021 10 December 2024 Nil 10/12/31 106,250 26 February 2021 26 February 2024 Nil 26/02/31 2 Includes: (a) awards for which the performance period is ongoing; and (b) awards which have vested and not yet been exercised. b.   Deferred Share Bonus Plan3 No. of Awards Date of grant Vesting date Exercise price Expiry date 6,119 8 December 2023 8 December 2026 Nil 08/12/33 11,904 8 December 2022 8 December 2025 Nil 08/12/32 5,358 10 December 2021 10 December 2024 Nil 10/12/31 3 Includes: (a) awards for which the vesting period has not yet ended; and (b) awards which have vested and not yet been exercised. II.         Sarah Highfield a.   Long Term Incentive Plan No. of Awards Date of grant Vesting date Exercise price Expiry date 177,416 30 June 2025 30 June 2028 Nil 30/06/35 31,309 30 June 2025 30 June 2026 30 June 2027 30 June 20284 Nil 30/06/35 4Award to vest in equal annual tranches over three years subject to continued employment.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

4.         OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

NONE.

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to: (i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

NONE.

(c)        Attachments

Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)	NO
Supplemental Form 8 (SBL)	NO

Date of disclosure:	19 January 2026
Contact name:	Anne-Marie Palmer
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END