Director/PDMR Shareholding
03/02/2023 10:40
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RNS Number : 8955O Motorpoint Group plc 03 February 2023
03 February 2023
Motorpoint Group plc
("Motorpoint", the "Group" or the "Company")
Notification of Transactions by Person Discharging Managerial Responsibility
and Person (PDMR) Closely Associated with Them
John Walden, Chair of Motorpoint Group plc's Board and a PDMR, elected to
purchase shares in Motorpoint Group plc as detailed in the table below.
The notifications at the end of the announcement, made in accordance with the
requirements of the UK Market Abuse Regulation, provide further detail of the
shares purchased.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name John Walden
2 Reason for the notification
a) Position/status Chair of the Board of Directors
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Motorpoint Group Plc
b) LEI 213800WG8RSE45I3MF22
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Ordinary shares of £0.01 each in Motorpoint Group plc ("Ordinary Shares")
Identification code GB00BD0SFR60
b) Nature of the transaction Purchase of shares
c) Price(s) and volume(s)
Price(s) Volume(s)
Share Price 145.73 pence 137,000 Ordinary Shares
d) Aggregated information
- Aggregated volume N/A (single transaction)
- Price
e) Date of the transaction 01 February 2023
f) Place of the transaction OTC
For further information, please contact:
Motorpoint Group PLC via FTI Consulting
Mark Carpenter, Chief Executive Officer
Chris Morgan, Chief Financial Officer
FTI Consulting (Financial PR)
Alex Beagley 020 3727 1000
Sam Macpherson
Harriet Jackson
Amy Goldup
Notes to editors
Motorpoint is the UK's leading independent E-commerce led omnichannel vehicle
retailer, focused on giving retail and trade customers the easiest, most
affordable and seamless way of buying, selling and financing their car whether
online, in-store or a combination of both. Through its leading B2C platform
Motorpoint.co.uk and UK network of 19 sales and collection branches, the Group
provides an unrivalled offering in the nearly new car market, where consumers
can effortlessly browse, buy or finance their next car and collect or have it
delivered directly to their homes. Motorpoint's purely online wholesale
platform Auction4Cars.com (http://auction4cars.com/) sells vehicles into the
wholesale B2B market that have been part exchanged by retail customers, or
purchased directly from them by the Group as part of its online car buying
service. Motorpoint's diversified business model, underpinned by its
established brand, industry leading technology and sophisticated marketing
infrastructure, always delivers the best choice, value, service and quality
for customers. The Group is proud to have been recognised for eight
consecutive years as one of the Top 100 Best Companies to Work For.
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