Director/PDMR Shareholding

RNS Number : 1160N

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, Mark Morris, the Non Executive Chairman of Motorpoint, purchased 260,000 shares in the Company on the London Stock Exchange at a price of 138 pence per share.  This purchase results in Mark Morris being interested in a total of 8,614,556 ordinary shares in the Company, representing 8.6% 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	Mark Morris
2.	Reason for the notification
a)	Position/status	Non-Executive Chairman
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 financial instrument, type of instrument Identification code	Ordinary shares of 1p each. ISIN Code: GB00BD0SFR60
b)	Acquisition of shares
c)	Price(s) and volume(s):	Price(s) Volume(s) £1.38 260,000
d)	Aggregated information: Price £1.38 Volume 260,000
e)	Date of the transaction	20 October 2016
f)	Place of the transaction	London Stock Exchange (XLON)

Motorpoint Group Plc (www.motorpointplc.com) Manjit Virk, Company Secretary	Via FTI Consulting
Numis (Financial Adviser) Stuart Skinner  Andrew Hackney	020 7260 1000
FTI Consulting (Financial PR) Jonathon Brill Alex Beagley	020 3727 1000

ENDS

 

END

 

 

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