ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

MOTR Motorpoint Group Plc

138.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
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% 138.00 136.50 138.00 138.00 136.50 136.50 3,338 16:02:27
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Motor Veh Dealer (used Only) 1.44B -600k -0.0067 -205.97 124.46M

Motorpoint Group plc Grant under Performance Share Plan (4560V)

23/07/2018 11:21am

UK Regulatory


Motorpoint (LSE:MOTR)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Motorpoint Charts.

TIDMMOTR

RNS Number : 4560V

Motorpoint Group plc

23 July 2018

23 July 2018

Motorpoint Group Plc

("Motorpoint" or "the Company")

Grant under Performance Share Plan

Motorpoint, the UK's largest independent vehicle retailer announces that on 20 July 2018 awards over ordinary shares of GBP0.01 each in the capital of the Company ("Ordinary Shares") were made under the Motorpoint Group Plc Performance Share Plan ("PSP") to the Directors/Persons Discharging Managerial Responsibilities as set out below.

The awards set out below are in the form of nil cost options over Ordinary Shares ("Options") and were granted under and subject to the terms of the PSP. The Options ordinarily vest on the third anniversary of the grant and are subject to the grantee's continued service and certain performance conditions relating to the Company's EPS over a three year measurement period starting at the beginning of FY18. Following the vesting of the Options, any vested Ordinary Shares are subject to a holding period which expires on the second anniversary of the date on which the Options vest, 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 granted   Total number of options over         Total number of options over 
                                               Ordinary Shares                      Ordinary Shares held as a 
                                                                                    percentage of current issued share 
                                                                                    capital 
 Mark Carpenter    106,339                     417,077                              0.43% 
                  --------------------------  -----------------------------------  ----------------------------------- 
 James Gilmour     83,403                      308,600                              0.31% 
                  --------------------------  -----------------------------------  ----------------------------------- 
 Jon Baird         25,021                      89,408                               0.09% 
                  --------------------------  -----------------------------------  ----------------------------------- 
 

The notifications at the end of the announcement, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail of the Options granted.

Enquiries:

 
 Motorpoint Group plc                  Via FTI Consulting 
  Manjit K Virk, Company Secretary 
 FTI Consulting (Financial PR) 
  Alex Beagley 
  James Styles 
  Fern Duncan                         020 3727 1000 
 

Notes to editors

Motorpoint is the largest independent vehicle retailer in the United Kingdom. The Company'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 four have opened in the last three 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                                                      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                                                       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          Ordinary shares of GBP0.01 each in Motorpoint Group 
      instrument                                                plc ("Ordinary Shares) 
                                                                GB00BD0SFR60 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Grant of Options under the Motorpoint Group Plc 
                                                                Performance Share Plan 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                      Price(s)          Volume(s) 
                                                                   Nil cost option   106,339 options 
                                                                                      over Ordinary 
                                                                                      Shares 
                                                                                    ---------------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume                                        N/A (single transaction) 
       - Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   20.07.2018 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside of a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities / person closely associated 
 a)   Name                                                      James Gilmour 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Chief Financial 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                                                       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          Ordinary shares of GBP0.01 each in Motorpoint Group 
      instrument                                                plc ("Ordinary Shares) 
                                                                GB00BD0SFR60 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Grant of Options under the Motorpoint Group Plc 
                                                                Performance Share Plan 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                      Price(s)          Volume(s) 
                                                                   Nil cost option   83,403 options 
                                                                                      over Ordinary 
                                                                                      Shares 
                                                                                    --------------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume                                        N/A (single transaction) 
       - Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   20.07.2018 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside of a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities / person closely associated 
 a)   Name                                                      Jon Baird 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Person Discharging Managerial Responsibilities 
     --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary shares of GBP0.01 each in Motorpoint Group 
      instrument                                                plc ("Ordinary Shares) 
                                                                GB00BD0SFR60 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Grant of Options under the Motorpoint Group Plc 
                                                                Performance Share Plan 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                      Price(s)          Volume(s) 
                                                                   Nil cost option   25,021 options 
                                                                                      over Ordinary 
                                                                                      Shares 
                                                                                    --------------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume                                        N/A (single transaction) 
       - Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   20.07.2018 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  Outside of a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHBXLFLVDFFBBK

(END) Dow Jones Newswires

July 23, 2018 06:21 ET (10:21 GMT)

1 Year Motorpoint Chart

1 Year Motorpoint Chart

1 Month Motorpoint Chart

1 Month Motorpoint Chart

Your Recent History

Delayed Upgrade Clock