REG - Motorpoint Group plc - Director/PDMR Shareholding

MotorpointAnnouncement

27/11/2024 10:30

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RNS Number : 8759N  Motorpoint Group plc  27 November 2024

27 November 2024

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 27 November 2024, Chris Morgan,
CFO of Motorpoint elected to purchase shares in the Company as detailed in the
table below. This purchase results in Chris Morgan being interested in a total
of 32,077 ordinary shares in the Company, representing 0.04% of the 86,619,822
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                                                         Christopher Morgan

 2    Reason for the notification

 a)   Position/status                                              Chief Financial Officer

 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 133.48 pence  18,632 Ordinary Shares

 d)   Aggregated information

      - Aggregated volume                                          18,632

      - Price                                                      133.48 pence

 e)   Date of the transaction                                      27 November 2024

 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 20 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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