Auto Trader Announces Director Share Transfer
Why we think this is neutral
This RNS announcement is a routine notification of a director share transfer, which does not contain any significant business updates or financial information. As a result, the overall sentiment is neutral.
Key Points
- Transfer of 2,083,252 shares from First Island Trustees (Guernsey) Limited the Trustee of The Shahan Trust to Nathan Coe
- Nathan Coe's total shareholding remains unchanged at 3,322,270 shares, representing approximately 0.379% of the total issued shares
Summary
The retailer has announced a transfer of shares between a director and a closely associated person.
Auto Trader Group plc has announced a transfer of 2,083,252 ordinary shares from First Island Trustees (Guernsey) Limited the Trustee of The Shahan Trust (a Person Closely Associated with Nathan Coe, a PDMR) to Nathan Coe. Following this transaction, Nathan Coe's total shareholding remains unchanged at 3,322,270 shares, representing approximately 0.379% of the total issued shares in the company.
DIRECTOR DEALINGS