Motorpoint Group plc Director/PDMR Shareholding (1158N)
21 October 2016 - 5:00PM
UK Regulatory
TIDMMOTR
RNS Number : 1158N
Motorpoint Group plc
21 October 2016
21 October 2016
Motorpoint Group Plc
("Motorpoint" or "the Company")
Director / PDMR Shareholding
Motorpoint, the UK's largest independent vehicle retailer,
hereby notifies the market that, on 20 October 2016, Shoby
Investments Limited, a person closely associated with David
Shelton, a Director of Motorpoint, purchased 520,000 shares in the
Company on the London Stock Exchange at a price of 138 pence per
share. This purchase results in Shoby Investments Limited being
interested in a total of 23,396,726 ordinary shares in the Company,
representing 23.4% of the 100,194,023 ordinary shares in the
Company currently in issue.
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND
THEIR CLOSELY ASSOCIATED PERSONS
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ---------------------------------------------------------------
a) Name Shoby Investments Limited
--- -------------------------------- -----------------------------
2. Reason for the notification
--- ---------------------------------------------------------------
a) Position/status PCA with David Shelton,
Director
--- -------------------------------- -----------------------------
b) Initial notification/Amendment: Initial Notification
--- -------------------------------- -----------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------
a) Name Motorpoint Group Plc
--- -------------------------------- -----------------------------
b) LEI N/A
--- -------------------------------- -----------------------------
4. Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ---------------------------------------------------------------
a) Description of the Ordinary shares of 1p each.
financial instrument,
type of instrument ISIN Code: GB00BD0SFR60
Identification code
--- -------------------------------- -----------------------------
b) Acquisition of shares
--- ---------------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
---------- ----------
GBP1.38 520,000
---------- ----------
--- -------------------------------- -----------------------------
d) Aggregated information:
Price GBP1.38
Volume 520,000
--- ---------------------------------------------------------------
e) Date of the transaction 20 October 2016
--- -------------------------------- -----------------------------
f) Place of the transaction London Stock Exchange (XLON)
--- -------------------------------- -----------------------------
Motorpoint Group Plc (www.motorpointplc.com) Via FTI Consulting
Manjit Virk, Company Secretary
Numis (Financial Adviser)
Stuart Skinner
Andrew Hackney 020 7260 1000
FTI Consulting (Financial PR)
Jonathon Brill
Alex Beagley 020 3727 1000
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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