Back

ATG

-3.53%
NEUTRAL

Auction Technology Group Announces Director Share Award Amendments

Why we think this is neutral

This RNS announcement is related to amendments to a director's share award and does not contain any information about the company's trading, financials, or other key business updates. As a result, the sentiment is considered neutral as there is no significant positive or negative news to report.

Key Points

  • Conditional share award granted to PDMR Jeremy Stewart amended and restated
  • Changes include updates to performance period, conditions and number of shares
  • Amended awards to vest at end of performance period expiring on 30 December 2029

Summary

The retailer has announced changes to a director's long-term incentive plan, including adjustments to the performance period and conditions.

Auction Technology Group plc (ATG) has announced that on 13 June 2025, the conditional share award granted to Jeremy Stewart, a PDMR, was amended and restated. The changes include updates to the performance period, performance conditions and the number of shares subject to the award. The Amended and Restated Awards will vest at the end of a performance period expiring on 30 December 2029, subject to Mr Stewart's continuing employment and the satisfaction of certain performance conditions.

DIRECTOR DEALINGS