Auto Trader Group plc has announced the purchase of 212,000 of its ordinary shares for cancellation at an average price of 707.0968p per share. Following this transaction, the company now has 913,288,706 ordinary shares in issue and holds 5,264,966 ordinary shares in treasury, resulting in a total of 908,023,740 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 Deutsche Numis on behalf of the company as part of the buyback program has been provided. The transactions were made at various times and prices, with the highest purchase price paid per share being 709.00p and the lowest being 703.60p. The transactions were executed on the XLON trading venue.
The company's Company Secretary, Claire Baty, can be contacted for any enquiries regarding the transactions. The schedule of purchases includes the number of ordinary shares purchased, transaction prices, and the time and trading venue of each transaction.
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 repurchase its own shares is a strategic move that can impact its capital structure and shareholder value.