Director/PDMR Shareholding

RNS Number : 0078T

Motorpoint Group plc

15 July 2020

 

15 July 2020

Motorpoint Group Plc

 (" Motorpoint " or "the Company")

Transactions by Persons Discharging Managerial Responsibility
 

Motorpoint, the UK's largest independent vehicle retailer, announces that on 14 July 2020 Keith Mansfield, a Non-Executive Director of Motorpoint, purchased 20,576 ordinary shares in the Company on the London Stock Exchange at a price of 243 pence per share. This purchase results in Mr Mansfield being interested in a total of 20,576 ordinary shares in the Company, representing 0.02% of the 90,189,885 ordinary shares in the Company currently in issue.

The notification at the end of the announcement, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details.

Contact Information:
Motorpoint Group Plc (www.motorpointplc.com) Manjit Virk, Company Secretary	Via FTI Consulting
FTI Consulting (Financial PR) Alex Beagley James Styles Sam Macpherson	020 3727 1000

Notes to editors

Motorpoint is the largest independent vehicle retailer in the United Kingdom. The Group's principal business is the sale of nearly-new vehicles, the majority of which are up to two years old and which have covered less than 15,000 miles.  Motorpoint sells vehicles from brands representing over 95 per cent. of new vehicle sales in the United Kingdom, with models from Ford, Vauxhall, Volkswagen, Nissan, Hyundai, Audi and BMW being amongst the top sellers. The Group operates from 13 retail sites across the United Kingdom; Derby, Burnley, Glasgow, Newport, Peterborough, Chingford, Birmingham, Widnes, Birtley, Castleford, Oldbury, Sheffield and Swansea, of which five have opened in the last five years; together with a national contact-centre dealing with online enquiries.

More information is available at  www.motorpointplc.com  and  www.motorpoint.co.uk .

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	Keith Mansfield
2	Reason for the notification
a)	Position/status	Non-Executive Director
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	Acquisition of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 243 pence 20,576 Ordinary Shares
d)	Aggregated information - Aggregated volume  - Price	20,565 £49,999.68
e)	Date of the transaction	14.07.2020
f)	Place of the transaction	London Stock Exchange (XLON)

 

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