REG - Motorpoint Group plc - Transaction in Own Shares

MotorpointAnnouncement

12/03/2024 07:15

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RNS Number : 4252G  Motorpoint Group plc  12 March 2024

Motorpoint Group PLC ("Motorpoint", the "Company" or the "Group")

Transaction in Own Shares

Motorpoint announces that, in accordance with the terms of its share buyback
programme announced on 26 January 2024 ("Share Buyback Programme"), the
Company purchased the following number of its Ordinary Shares of £0.01 each
("Ordinary Shares") through Numis Securities Limited ("Deutsche Numis").

 Date of purchase                                    11/03/2024
 Aggregate number of Ordinary Shares purchased       50,000
 Lowest price paid per share (GBp)                   129.25
 Highest price paid per share (GBp)                  129.25
 Volume weighted average price paid per share (GBp)  129.25

 

The purchased shares will be cancelled. Following the purchase of these
shares, the remaining number of Ordinary Shares in issue will be 90,139,885
with no shares held in treasury. Therefore, the total voting rights in the
Company will be 90,139,885. This figure for the total number of voting rights
may be used by shareholders (and others with notification obligations) as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), as it forms part of Retained EU Law as defined in the
European Union (Withdrawal) Act 2018, the table below contains detailed
information of the individual trades made by Deutsche Numis as part of the
Share Buyback Programme.

Individual transactions:

 Number of ordinary shares purchased  Transaction price  Time of transaction (UK Time)  Transaction reference number  Trading venue

(GBp share)
 50,000                               129.25             11:57:24                       00069185654TRLO0              London Stock Exchange

 

Ends.

 Motorpoint Group PLC

 Chris Morgan, Chief Financial Officer   T. via FTI Consulting

 LEI: 213800WG8RSE45I3MF22               E. companysecretary@motorpoint.co.uk
 FTI Consulting (Financial PR)           020 3727 1000

 Alex Beagley

 Harriet Jackson

 Amy Goldup

 

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