Resignation of independent non-executive director

RNS Number : 5983N

Motorpoint Group plc

25 September 2019

 

25 September 2019

Motorpoint Group PLC

("Motorpoint" or the "Company")

Resignation of independent non-executive director

Motorpoint Group PLC, the UK's largest independent vehicle retailer, announces that Steve Weller has notified the Board of his intention to step down as an Independent Non-Executive Director of the Company on 10 October 2019, in order to focus on his other business interests.

Mark Morris, Non-Executive Chairman of Motorpoint, said:

"I would like to thank Steve for his service to Motorpoint since joining the Board on IPO in 2016, during which time his contribution has been greatly valued as the Company has grown. He goes with our best wishes for the future."

This notification is made pursuant to Listing Rule 9.6.11R.

Enquiries:

Motorpoint Group PLC Mark Morris, Chairman	via FTI Consulting
FTI Consulting (Financial PR) Jonathon Brill 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 12 retail sites across the United Kingdom; Derby, Burnley, Glasgow, Newport, Peterborough, Chingford, Birmingham, Widnes, Birtley, Castleford, Oldbury and Sheffield 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.

 

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