Motorpoint Group plc Director/PDMR Shareholding
November 27 2024 - 5:26AM
RNS Regulatory News
RNS Number : 8759N
Motorpoint Group plc
27 November 2024
27
November 2024
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 27 November 2024, Chris Morgan, CFO of
Motorpoint elected to purchase shares in the Company as detailed in
the table below. This purchase results in Chris Morgan being
interested in a total of 32,077 ordinary shares in the Company,
representing 0.04% of the 86,619,822 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
|
Christopher Morgan
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Financial Officer
|
|
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
|
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 financial
instrument, type of instrument
|
Ordinary shares
of £0.01 each in Motorpoint Group
plc ("Ordinary Shares")
|
|
|
|
|
Identification code
|
GB00BD0SFR60
|
|
|
|
|
b)
|
Nature of the transaction
|
Purchase of shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
Share Price 133.48 pence
|
18,632 Ordinary Shares
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
18,632
|
|
|
|
|
- Price
|
133.48 pence
|
|
|
|
|
e)
|
Date of the transaction
|
27 November 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
Enquiries:
|
Motorpoint Group PLC
Mark Carpenter, Chief Executive
Officer
Chris Morgan, Chief Financial
Officer
|
via FTI Consulting
|
|
FTI
Consulting (Financial PR)
Alex Beagley
Harriet Jackson
Amy Goldup
|
020 3727 1000
|
Notes to editors
Motorpoint is the UK's leading
independent 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 stores, 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.
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END
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