Director/PDMR Shareholding

RNS Number : 2097A

Motorpoint Group plc

01 February 2022

 

1 February 2022

Motorpoint Group Plc

 ("Motorpoint" or "the Company")

Notification of Transactions by Person Discharging Managerial Responsibility and Person Closely Associated with Them

The following notification is made under Article 19 of the UK Market Abuse Regulation.  On 1 February 2022, the following share options were exercised by a Director/PDMR under the Motorpoint Group Plc 2019 Sharesave Plan.

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 Identification code	Ordinary shares of £0.01 each in Motorpoint Group plc ("Ordinary Shares) GB00BD0SFR60
b)	Nature of the transaction	Exercise of Options under the Motorpoint Group Plc Sharesave Plan 2019 over 1904 Ordinary Shares.
c)	Price(s) and volume(s)	Price(s) Volume(s) Option Price 189.00 pence 1904 options over Ordinary Shares
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	1 February 2022
f)	Place of the transaction	Outside of a trading venue

Contact Information:
Motorpoint Group Plc (www.motorpointplc.com) Chris Morgan, Company Secretary	Via FTI Consulting
FTI Consulting (Financial PR) Alex Beagley Sam Macpherson 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 15 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 value, choice, quality and service for customers. The Group is proud to have been recognised for seven consecutive years as one of the Sunday Times' Top 100 Best Companies to Work For. 

 

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