REG - Motorpoint Group plc - Holding(s) in Company

MotorpointAnnouncement

23/01/2025 10:00

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RNS Number : 4673U  Motorpoint Group plc  23 January 2025

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BD0SFR60

Issuer Name

MOTORPOINT GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Saray Value Fund SPC

City of registered office (if applicable)

Grand Cayman

Country of registered office (if applicable)

Cayman Islands

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the
notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

20-Jan-2025

6. Date on which Issuer notified

23-Jan-2025

7. Total positions of person(s) subject to the notification obligation

                                                                            % of voting rights attached to shares (total of 8.A)  % of voting rights through financial instruments (total of 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  22.100000                                             0.000000                                                                   22.100000                       19140150
 Position of previous notification (if applicable)                          20.400000                                             0.000000                                                                   20.400000

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 GB00BD0SFR60                                 19140150                                 0                                            22.100000                           0.000000
 Sub Total 8.A                                19140150                                                                              22.100000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted

 Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights

 Sub Total 8.B2

9. Information in relation to the person subject to the notification
obligation

1. Person subject to the notification obligation is not controlled by any
natural person or legal entity and does not control any other undertaking(s)
holding directly or indirectly an interest in the (underlying) issuer.

 Ultimate controlling person  Name of controlled undertaking  % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                          than the notifiable threshold

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

Previous threshold reported on 27.11.2023 was 20.4%. Since that date, the
issuer has undertaken share buybacks which have resulted in the percentage of
the reporting shareholder's ownership percentage increasing from 20.4% to
21.8% without making any additional purchases. This filing relates to a
purchase of 240150 shares on 20.01.2024 resulting in the percent ownership
increasing from 21.8% to 22.1%.

12. Date of Completion

23-Jan-2025

13. Place Of Completion

Dubai, United Arab Emirates

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