Motorpoint Group plc Director/PDMR Dealings
04 Febbraio 2025 - 12:26PM
RNS Regulatory News
RNS Number : 8663V
Motorpoint Group plc
04 February 2025
4
February 2025
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 Mark Carpenter, CEO of Motorpoint, elected
to sell an aggregate of 50,000 shares in the Company as detailed in
the table below. Mark Carpenter remains a significant shareholder
in Motorpoint and retains an interest of 8,531,693 ordinary shares
in the Company, representing 9.85% 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
sold.
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
|
Mark
Carpenter
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Chief Executive 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
|
Sale of shares
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
Share Price 121.0 pence
|
50,000 Ordinary Shares
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
- Aggregated volume
|
50,000
|
|
|
- Price
|
121.0 pence
|
|
|
e)
|
Date of the transaction
|
31 January 2025
|
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 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 21 sales and collection
branches, 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
DSHSSLFFLEISEEE
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