Picture of Motorpoint logo

MOTR Motorpoint News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsAdventurousSmall CapNeutral

REG - Motorpoint Group plc - Transaction in Own Shares

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250408:nRSH0083Ea&default-theme=true

RNS Number : 0083E  Motorpoint Group plc  08 April 2025

8 April 2025

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 3 April 2025 ("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                                    7 April 2025
 Aggregate number of Ordinary Shares purchased       25,024
 Lowest price paid per share (GBp)                   124.00
 Highest price paid per share (GBp)                  125.00
 Volume weighted average price paid per share (GBp)  124.9990

 

The purchased shares will be cancelled. Following the purchase of these
shares, the remaining number of Ordinary Shares in issue will be 86,594,798
with no shares held in treasury. Therefore, the total voting rights in the
Company will be 86,594,798. 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)
 25000                                125.00              09:43:50                      00074667049TRLO0              XLON
 1                                    124.00              13:57:53                      00074678056TRLO0              XLON
 1                                    124.00              13:57:56                      00074678058TRLO0              XLON
 1                                    124.00              13:57:59                      00074678062TRLO0              XLON
 1                                    124.00              13:58:02                      00074678064TRLO0              XLON
 1                                    124.00              13:58:05                      00074678065TRLO0              XLON
 1                                    124.00              13:58:08                      00074678069TRLO0              XLON
 1                                    124.00              13:58:14                      00074678071TRLO0              XLON
 1                                    124.00              13:58:32                      00074678077TRLO0              XLON
 1                                    124.00              13:58:35                      00074678080TRLO0              XLON
 1                                    124.00              13:58:38                      00074678081TRLO0              XLON
 2                                    124.00              14:59:32                      00074681954TRLO0              XLON
 2                                    124.00              14:59:35                      00074681961TRLO0              XLON
 2                                    124.00              14:59:38                      00074681971TRLO0              XLON
 2                                    124.00              14:59:41                      00074681974TRLO0              XLON
 2                                    124.00              14:59:44                      00074681979TRLO0              XLON
 2                                    124.00              14:59:47                      00074681983TRLO0              XLON
 2                                    124.00              14:59:50                      00074681988TRLO0              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  POSKDLFBEZLFBBX

Recent news on Motorpoint

See all news