An update from Auto Trader ( (GB:AUTO) ) is now available.
Auto Trader Group plc announced a transfer of 2,083,252 Ordinary Shares from Shahan Investments Limited, currently in liquidation, to First Island Trustees (Guernsey) Limited, the Trustee of The Shahan Trust, associated with Nathan Coe. This transaction maintains Nathan Coe’s total shareholding at 3,322,270 shares, representing approximately 0.377% of the company’s issued shares. The announcement complies with the EU Market Abuse Regulation, and the transaction was conducted outside of a trading venue, reflecting internal restructuring within entities associated with Nathan Coe.
More about Auto Trader
Auto Trader Group plc is the UK’s largest automotive platform, listed on the London Stock Exchange and a member of the FTSE 100 Index. The company focuses on driving change responsibly, promoting diversity, and fostering environmentally friendly vehicle choices. Auto Trader’s marketplace is central to the UK car buying process, leveraging industry-leading technology and data to enhance the online car buying experience. It also publishes a monthly used car Retail Price Index, contributing to UK economic indicators.
YTD Price Performance: -6.02%
Average Trading Volume: 2,893,183
Technical Sentiment Signal: Sell
Current Market Cap: £6.53B
For an in-depth examination of AUTO stock, go to TipRanks’ Stock Analysis page.