REG - Motorpoint Group plc - Transaction in Own Shares

MotorpointAnnouncement

04/07/2024 07:00

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RNS Number : 0584V  Motorpoint Group plc  04 July 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                                    03/07/2024
 Aggregate number of Ordinary Shares purchased       50,000
 Lowest price paid per share (GBp)                   139.00
 Highest price paid per share (GBp)                  141.00
 Volume weighted average price paid per share (GBp)  140.6365

 

The purchased shares will be cancelled. Following the purchase of these
shares, the remaining number of Ordinary Shares in issue will be 88,370,177
with no shares held in treasury. Therefore, the total voting rights in the
Company will be 88,370,177. 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)
 1356                                 141.00              11:04:08                      00070499867TRLO0              XLON
 6317                                 141.00              14:20:48                      00070503410TRLO0              XLON
 2327                                 141.00              14:20:53                      00070503411TRLO0              XLON
 1800                                 141.00              15:10:35                      00070505293TRLO0              XLON
 23200                                141.00              15:43:23                      00070506688TRLO0              XLON
 7829                                 140.00              15:51:29                      00070507136TRLO0              XLON
 3997                                 140.00              15:51:29                      00070507137TRLO0              XLON
 16                                   139.00              16:35:14                      00070510153TRLO0              XLON
 144                                  139.00              16:35:14                      00070510154TRLO0              XLON
 2071                                 139.00              16:35:14                      00070510155TRLO0              XLON
 943                                  139.00              16:35:14                      00070510156TRLO0              XLON

 

 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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