Auto Trader Group plc has announced the purchase of 170,000 of its ordinary shares for cancellation at an average price of 711.0473 pence per share. Following this transaction, the company now has 904,663,190 ordinary shares in issue and holds 4,878,846 ordinary shares in treasury, resulting in a total of 899,784,344 voting rights in the company. These figures may be used by shareholders to determine if they are required to notify their interest in, or a change to their interest in, Auto Trader Group plc under the FCA's Disclosure Guidance and Transparency Rules.
The detailed schedule of purchases made by Merrill Lynch International on behalf of the company as part of the buyback program has been provided. The schedule includes the number of shares purchased, transaction prices per share, time of transaction, and execution venue. The company's Company Secretary, Claire Baty, can be contacted for any enquiries.
The individual transactions in the schedule show a range of purchase prices per share, with the highest purchase price paid being 715.6000p and the lowest being 704.8000p. The transactions were executed on the XLON venue at various times throughout the day.
This announcement is in accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation). The company's decision to purchase its own shares and the detailed information provided in the schedule demonstrate transparency and compliance with regulatory requirements.