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RNS Number : 6260O Motorpoint Group plc 16 May 2024
Motorpoint Group PLC ("Motorpoint", the "Company" or the "Group")
Transaction in Own Shares
Motorpoint announces that, in accordance with the terms of its share buyback
programme announced on 26 January 2024 ("Share Buyback Programme"), the
Company purchased the following number of its Ordinary Shares of £0.01 each
("Ordinary Shares") through Numis Securities Limited ("Deutsche Numis").
Date of purchase 15/05/2024
Aggregate number of Ordinary Shares purchased 150,000
Lowest price paid per share (GBp) 144.00
Highest price paid per share (GBp) 144.00
Volume weighted average price paid per share (GBp) 144.0000
The purchased shares will be cancelled. Following the purchase of these
shares, the remaining number of Ordinary Shares in issue will be 89,355,384
with no shares held in treasury. Therefore, the total voting rights in the
Company will be 89,355,384. This figure for the total number of voting rights
may be used by shareholders (and others with notification obligations) as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), as it forms part of Retained EU Law as defined in the
European Union (Withdrawal) Act 2018, the table below contains detailed
information of the individual trades made by Deutsche Numis as part of the
Share Buyback Programme.
Individual transactions:
Number of ordinary shares purchased Transaction price Time of transaction (UK Time) Transaction reference number Trading venue
(GBp share)
746 144.00 12:22:05 00069948522TRLO0 XLON
10000 144.00 12:22:05 00069948521TRLO0 XLON
11795 144.00 12:22:18 00069948526TRLO0
XLON
11836 144.00 12:22:23 00069948527TRLO0
XLON
65623 144.00 15:13:25 00069955639TRLO0
XLON
50000 144.00 15:50:14 00069957240TRLO0
XLON
Ends.
Motorpoint Group PLC
Chris Morgan, Chief Financial Officer T. via FTI Consulting
LEI: 213800WG8RSE45I3MF22 E. companysecretary@motorpoint.co.uk
FTI Consulting (Financial PR) 020 3727 1000
Alex Beagley
Harriet Jackson
Amy Goldup
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