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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Motorpoint Group Plc | LSE:MOTR | London | Ordinary Share | GB00BD0SFR60 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 143.00 | 142.00 | 144.50 | 142.00 | 141.50 | 141.50 | 6,259 | 16:35:11 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Motor Veh Dealer (used Only) | 1.44B | -600k | -0.0067 | -211.94 | 128.07M |
TIDMMOTR
RNS Number : 8666P
Motorpoint Group plc
23 June 2022
23 June 2022
Motorpoint Group plc
("Motorpoint", the "Group" or the "Company")
Awards granted under the Performance Share Plan
Motorpoint, the UK's leading independent omnichannel vehicle retailer, announces that on 22 June 2022 (the "Grant Date") awards of Restricted Shares over ordinary shares of GBP0.01 each in the capital of the Company ("Ordinary Shares") were made under the Company's Performance Share Plan ("PSP") to the Persons Discharging Managerial Responsibilities as set out below (the "Awards").
The Awards set out below are in the form of nil cost options over Ordinary Shares ("Options") and were granted under and are subject to the terms of the PSP. The Options ordinarily vest on the third, fourth and fifth anniversaries of the grant (in 50%, 25% and 25% portions respectively). The Options are subject to the grantee's continued service and a performance condition requiring the Remuneration Committee of the Company to be satisfied that the business performance is robust and sustainable, and that the executive directors and senior management have strengthened the business. Following the vesting of the Options held, any vested Ordinary Shares are subject to a holding period which expires no earlier than the fifth anniversary of the Grant Date, during which time they may not be sold. The Options shall ordinarily remain exercisable until the eve of the tenth anniversary of the Grant Date.
Name Number of Options Total number Total number granted of options over of options over Ordinary Shares Ordinary Shares as at Grant Date held as a percentage of current issued share capital as at Grant Date Mark Carpenter (CEO) 128,627 459,575 0.51% ------------------ ------------------ ---------------------- Chris Morgan (CFO) 93,482 164,407 0.18% ------------------ ------------------ ---------------------- Motorpoint Group PLC via FTI Consulting Mark Carpenter, Chief Executive Officer Chris Morgan, Chief Financial Officer FTI Consulting (Financial PR) Alex Beagley Sam Macpherson Harriet Jackson 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 17 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 eight consecutive years as one of the Top 100 Best Companies to Work For and for the second consecutive year the Number One in the Automotive sector.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities 1 / person closely associated a) Name M ark Carpenter ------------------------------- ---------------------------------------------- Reason for the notification 2 ------------------------------------------------------------------------------- a) Position/status C hief Executive Officer ------------------------------- ---------------------------------------------- b) Initial notification Initial Notification /Amendment ------------------------------- ---------------------------------------------- Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------- a) Name Motorpoint Group Plc ------------------------------- ---------------------------------------------- b) LEI 213800WG8RSE45I3MF22 ------------------------------- ---------------------------------------------- Details of the transaction(s): section to be repeated 4 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 GBP0.01 each in financial instrument, Motorpoint Group plc ("Ordinary Shares") type of instrument Identification code GB00BD0SFR60 b) Nature of the transaction Grant of Restricted Shares under the Motorpoint Group Plc Performance Share Plan ------------------------------- ---------------------------------------------- c) Price(s) and volume(s) ---------------------- -------------------- Price(s) Volume(s) ---------------------- -------------------- Nil cost option 128,627 Options over Ordinary Shares ---------------------- -------------------- d) Aggregated information - Aggregated volume 128,627 - Price Nil e) Date of the transaction 22 June 2022 ------------------------------- ---------------------------------------------- f) Place of the transaction Outside of a trading venue ------------------------------- ---------------------------------------------- Details of the person discharging managerial responsibilities 1 / person closely associated a) Name Chris Morgan ------------------------------- ---------------------------------------------- Reason for the notification 2 ------------------------------------------------------------------------------- a) Position/status C hief Financial Officer ------------------------------- ---------------------------------------------- b) Initial notification Initial Notification /Amendment ------------------------------- ---------------------------------------------- Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor ------------------------------------------------------------------------------- a) Name Motorpoint Group Plc ------------------------------- ---------------------------------------------- b) LEI 213800WG8RSE45I3MF22 ------------------------------- ---------------------------------------------- Details of the transaction(s): section to be repeated 4 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 GBP0.01 each in financial instrument, Motorpoint Group plc ("Ordinary Shares") type of instrument Identification code GB00BD0SFR60 b) Nature of the transaction Grant of Restricted Shares under the Motorpoint Group Plc Performance Share Plan ------------------------------- ---------------------------------------------- c) Price(s) and volume(s) ---------------------- -------------------- Price(s) Volume(s) ---------------------- -------------------- Nil cost option 93,482 Options over Ordinary Shares ---------------------- -------------------- d) Aggregated information - Aggregated volume 93,482 - Price Nil e) Date of the transaction 22 June 2022 ------------------------------- ---------------------------------------------- f) Place of the transaction Outside of a trading venue
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June 23, 2022 02:00 ET (06:00 GMT)
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