Motorpoint Group plc Director/PDMR Shareholding (1159N)

TIDMMOTR

RNS Number : 1159N

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 Carpenter, the Chief Executive Officer of Motorpoint, purchased 520,000 shares in the Company on the London Stock Exchange at a price of 138 pence per share. This purchase results in Mark Carpenter being interested in a total of 8,874,556 ordinary shares in the Company, representing 8.9% 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 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                               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                 Ordinary shares of 1p 
       financial instrument,              each. 
       type of instrument 
       Identification code                ISIN Code: GB00BD0SFR60 
---  --------------------------------  -------------------------- 
 b)   Acquisition of shares 
---  ------------------------------------------------------------ 
 c)   Price(s) and volume(s):            Price(s)    Volume(s) 
                                         ----------  ---------- 
                                          GBP1.38     520,000 
                                         ----------  ---------- 
---  --------------------------------  -------------------------- 
 d)        Aggregated information: 
            Price GBP1.38 
            Volume 520,000 
---  ------------------------------------------------------------ 
 e)   Date of the transaction           20 October 2016 
---  --------------------------------  -------------------------- 
 f)   Place of the transaction          London Stock Exchange 
                                         (XLON) 
---  --------------------------------  -------------------------- 
 
 
Motorpoint Group Plc (www.motorpointplc.com)   Via FTI Consulting 
 Manjit Virk, Company Secretary 
 
  Numis (Financial Adviser) 
  Stuart Skinner 
  Andrew Hackney                                 020 7260 1000 
 FTI Consulting (Financial PR) 
  Jonathon Brill 
  Alex Beagley                                  020 3727 1000 
 

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 21, 2016 02:00 ET (06:00 GMT)