REG - Motorpoint Group plc - Transaction in Own Shares

MotorpointAnnouncement

26/07/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240726:nRSZ9263Xa&default-theme=true

RNS Number : 9263X  Motorpoint Group plc  26 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                                    25/07/2024
 Aggregate number of Ordinary Shares purchased       79,731
 Lowest price paid per share (GBp)                   141.00
 Highest price paid per share (GBp)                  141.00
 Volume weighted average price paid per share (GBp)  141.0000

 

The purchased shares will be cancelled. Following the purchase of these
shares, the remaining number of Ordinary Shares in issue will be 87,543,798
with no shares held in treasury. Therefore, the total voting rights in the
Company will be 87,543,798. 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)
 385                                  141.00              08:09:26                      00070753542TRLO0              XLON
 567                                  141.00              08:09:27                      00070753543TRLO0              XLON
 10000                                141.00              11:11:02                      00070758705TRLO0              XLON
 24048                                141.00              11:12:06                      00070758737TRLO0              XLON
 15000                                141.00              15:31:00                      00070764937TRLO0              XLON
 1200                                 141.00              15:31:01                      00070764939TRLO0              XLON
 15734                                141.00              15:31:07                      00070764942TRLO0

                                                                                                                      XLON
 1214                                 141.00              15:31:07                      00070764943TRLO0

                                                                                                                      XLON
 10218                                141.00              15:31:17                      00070764949TRLO0

                                                                                                                      XLON
 391                                  141.00              15:32:11                      00070764981TRLO0

                                                                                                                      XLON
 417                                  141.00              15:48:51                      00070765764TRLO0

                                                                                                                      XLON
 16                                   141.00              15:55:43                      00070765995TRLO0

                                                                                                                      XLON
 355                                  141.00              16:35:20                      00070768488TRLO0

                                                                                                                      XLON
 1                                    141.00              16:35:20                      00070768489TRLO0

                                                                                                                      XLON
 6                                    141.00              16:35:20                      00070768490TRLO0

                                                                                                                      XLON
 4                                    141.00              16:35:20                      00070768491TRLO0

                                                                                                                      XLON
 175                                  141.00              16:35:20                      00070768492TRLO0

                                                                                                                      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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  POSBELLLZDLLBBZ