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RNS Number : 1050G Motorpoint Group plc 24 April 2025
24 April 2025
Motorpoint Group PLC
("Motorpoint", the "Group" or the "Company")
Director/PDMR Dealings
Motorpoint Group PLC, the UK's largest independent omnichannel used vehicle
retailer, hereby notifies the market that, on 24 April 2025, Swarupa Pathakji,
a Non-Executive Director of Motorpoint elected to purchase shares in the
Company as detailed in the table below. This purchase results in Swarupa
Pathakji being interested in a total of 7,008 ordinary shares in the Company,
representing 0.01% of the 86,386,611 ordinary shares in the Company currently
in issue.
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 Swarupa Pathakji
2 Reason for the notification
a) Position/status Non-Executive Director
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 141.80 pence 7,008 Ordinary Shares
d) Aggregated information
- Aggregated volume 7,008
- Price 141.80 pence
e) Date of the transaction 24 April 2025
f) Place of the transaction London Stock Exchange
Enquiries:
Motorpoint Group PLC via FTI Consulting
Mark Carpenter, Chief Executive Officer
Chris Morgan, Chief Financial Officer
FTI Consulting (Financial PR) 020 3727 1000
Alex Beagley
Harriet Jackson
Amy Goldup
Notes to editors
Motorpoint is the UK's leading independent 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 21 sales and collection stores, 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 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.
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