Auction Technology Group PLC announced that its Chief Operating Officer, Richard Lewis, has disposed of 100,000 ordinary shares of 0.01 pence for personal financial purposes. Following this transaction, Lewis holds 764,117 ordinary shares in the company. The Group operates world-leading marketplaces and auction services for curated online auctions, connecting bidders to around 4,000 trusted auction houses across two major sectors: Industrial & Commercial and Art & Antiques. ATG powers eight online marketplaces and listing sites, hosting over 85,000 live and timed auctions each year. The company has been supporting the auction industry since 1971 and has offices in the UK, US, and Germany.
For further information, investor enquiries can be directed to [email protected], and media enquiries to [email protected]. Teneo Communications serves as the public relations advisor to ATG and can be reached at +44 207 353 4200 or [email protected].
The details of the transaction by Richard Lewis are as follows:
- Description of the financial instrument: Ordinary Shares of 0.01 pence each in Auction Technology Group plc
- Nature of the transaction: Disposal
- Price: 559.5p
- Volume: 100,000
- Date of the transaction: 30 May 2024
This notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them is in accordance with regulatory requirements.