Form 8 (Opening Position Disclosure)
Auction Technology Group plc has disclosed its public opening position as the offeree in relation to its own securities as of January 15, 2026, reporting nil interests and nil short positions in its ordinary shares. However, the disclosure also details significant holdings and share awards for its directors; John-Paul Savant holds 2,649,431 ordinary shares representing 2.16% of the issued capital, and along with other directors, holds various nil cost options and awards under long-term incentive and deferred share bonus plans, with vesting and expiry dates extending into the future. There are no other relevant agreements or understandings disclosed.
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Rules 8.1 and 8.2 of the Takeover Code (the "Code")
KEY INFORMATION
| (a) Full name of discloser: | Auction Technology Group plc |
| (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Auction Technology Group plc |
| (d) Is the discloser the offeror or the offeree? | OFFEREE |
| (e) Date position held: The latest practicable date prior to the disclosure | 15 January 2026 |
POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
| Class of relevant security: | Ordinary Shares of 0.01 pence | |||
| Interests | Short positions | |||
| Number | % | Number | % | |
| (1) Relevant securities owned and/or controlled: | Nil | Nil | Nil | Nil |
| (2) Cash-settled derivatives: | Nil | Nil | Nil | Nil |
| (3) Stock-settled derivatives (including options) and agreements to purchase/sell: | Nil | Nil | Nil | Nil |
| TOTAL: | Nil | Nil | Nil | Nil |
All interests and all short positions should be disclosed.
Rights to subscribe for new securities
| Class of relevant security in relation to which subscription right exists: | NONE. |
| Details, including nature of the rights concerned and relevant percentages: | NONE. |
- POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
Interests of directors Auction Technology Group plc ordinary shares held by directors of Auction Technology Group plc: Name Number of shares Percentage of existing issued ordinary share capital John-Paul Savant 2,649,431 1 2.16% Scott Forbes 160,548 0.13% Suzanne Baxter 3,389 0.00% Tamsin Todd 2,773 0.00% 1 Shares also held in the name of his spouse and the Savant Discretionary Trust (the " Trust "). The settlors and trustees of the Trust are John-Paul Savant and his spouse; and the beneficiaries of the Trust are John-Paul Savant's close relatives. Share awards and options held by directors of Auction Technology Group plc Awards under the Long Term Incentive Plan have been granted as nil cost options and (unless specified below) are subject to performance conditions. If these conditions are met, the awards vest and are exercisable three years after the date of grant (unless specified below). Options are exercisable for up to 10 years following the date of grant. Awards under the Deferred Share Bonus Plan are also granted as nil cost options and vest from the date falling three years after their date of grant. Options are exercisable for up to 10 years following the date of grant. I. John-Paul Savant a. Long Term Incentive Plan 2 No. of Awards Date of grant Vesting date Exercise price Expiry date 192,022 20 December 2024 20 December 2027 Nil 20/12/34 161,667 8 December 2023 8 December 2026 Nil 08/12/33 17,301 10 December 2021 10 December 2024 Nil 10/12/31 106,250 26 February 2021 26 February 2024 Nil 26/02/31 2 Includes: (a) awards for which the performance period is ongoing; and (b) awards which have vested and not yet been exercised. b. Deferred Share Bonus Plan 3 No. of Awards Date of grant Vesting date Exercise price Expiry date 6,119 8 December 2023 8 December 2026 Nil 08/12/33 11,904 8 December 2022 8 December 2025 Nil 08/12/32 5,358 10 December 2021 10 December 2024 Nil 10/12/31 3 Includes: (a) awards for which the vesting period has not yet ended; and (b) awards which have vested and not yet been exercised. II. Sarah Highfield a. Long Term Incentive Plan No. of Awards Date of grant Vesting date Exercise price Expiry date 177,416 30 June 2025 30 June 2028 Nil 30/06/35 31,309 30 June 2025 30 June 2026 30 June 2027 30 June 2028 4 Nil 30/06/35 4 Award to vest in equal annual tranches over three years subject to continued employment.
- OTHER INFORMATION
- Indemnity and other dealing arrangements
NONE.
- Agreements, arrangements or understandings relating to options or derivatives
NONE.
Attachments
Are any Supplemental Forms attached?
| Supplemental Form 8 (Open Positions) | NO |
| Supplemental Form 8 (SBL) | NO |
| Date of disclosure: | 19 January 2026 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
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