Motorpoint Group plc Director/PDMR Dealings (1348I)
03 August 2023 - 4:00PM
UK Regulatory
TIDMMOTR
RNS Number : 1348I
Motorpoint Group plc
03 August 2023
03 August 2023
Motorpoint Group PLC
("Motorpoint", the "Group" or the "Company")
Director/PDMR Dealings
Motorpoint Group PLC, the UK's largest independent omnichannel
used vehicle retailer, hereby notifies the market that, on 1 August
2023, Mary McNamara, a Non-Executive Director of Motorpoint elected
to purchase shares in the Company as detailed in the table below.
This purchase results in Mary McNamara being interested in a total
of 74,600 ordinary shares in the Company, representing 0.08% of the
90,189,885 ordinary shares in the Company currently in issue.
The notifications at the end of the announcement, made in
accordance with the requirements of the UK Market Abuse Regulation,
provide further detail of the shares purchased.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name M ary McNamara
-------------------------------- ----------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------
a) Position/status Non-Executive Director
-------------------------------- ----------------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------
a) Name Motorpoint Group Plc
-------------------------------- ----------------------------------------------
b) LEI 213800WG8RSE45I3MF22
-------------------------------- ----------------------------------------------
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 GBP0.01 each in
financial instrument, Motorpoint Group plc ("Ordinary Shares")
type of instrument
Identification code GB00BD0SFR60
b) Nature of the transaction Purchase of shares
-------------------------------- ----------------------------------------------
c) Price(s) and volume(s)
--------------------- ---------------------
Price(s) Volume(s)
--------------------- ---------------------
Share Price 9,100 Ordinary
108.19 pence Shares
--------------------- ---------------------
d) Aggregated information
- Aggregated volume 9,100
- Price 108.19 pence
e) Date of the transaction 01 August 2023
-------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------------- ----------------------------------------------
Enquiries:
Motorpoint Group PLC via FTI Consulting
Mark Carpenter, Chief Executive
Officer
Chris Morgan, Chief Financial
Officer
FTI Consulting (Financial PR)
Alex Beagley
Sam Macpherson
Harriet Jackson
Amy Goldup 020 3727 1000
Notes to editors
Motorpoint is the UK's leading independent E-commerce led
omnichannel vehicle retailer, focused on giving retail and trade
customers the easiest, most affordable and seamless way of buying,
selling and financing their car whether online, in-store or a
combination of both. Through its leading B2C platform
Motorpoint.co.uk and UK network of 20 sales and collection
branches, the Group provides an unrivalled offering in the nearly
new car market, where consumers can effortlessly browse, buy or
finance their next car and collect or have it delivered directly to
their homes. Motorpoint's purely online wholesale platform
Auction4Cars.com sells vehicles into the wholesale B2B market that
have been part exchanged by retail customers, or purchased directly
from them by the Group as part of its online car buying service.
Motorpoint's diversified business model, underpinned by its
established brand, industry leading technology and sophisticated
marketing infrastructure, always delivers the best choice, value,
service and quality for customers. The Group is proud to have been
recognised for nine consecutive years as one of the Top 100 Best
Companies to Work For.
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END
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