Auto Trader (GB:AUTO) has released an update.
Auto Trader Group plc has disclosed the exercise of nil-cost options by key management personnel under the company’s share schemes, leading to the sale of shares at £8.2398 each to cover taxes and other expenses. Directors Nathan Coe, Catherine Faiers, and James Warner sold a portion of their shares while retaining a significant number, with Coe still holding 0.371% of the company’s issued capital. This move aligns with the company’s larger goals of driving change and its position as the UK’s largest automotive platform.
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