Motorpoint Group plc Transaction in Own Shares

RNS Number : 0584V

Motorpoint Group plc

04 July 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	03/07/2024
Aggregate number of Ordinary Shares purchased	50,000
Lowest price paid per share (GBp)	139.00
Highest price paid per share (GBp)	141.00
Volume weighted average price paid per share (GBp)	140.6365

 

The purchased shares will be cancelled. Following the purchase of these shares, the remaining number of Ordinary Shares in issue will be 88,370,177 with no shares held in treasury. Therefore, the total voting rights in the Company will be 88,370,177. 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 (GBp share)	Time of transaction (UK Time)	Transaction reference number	Trading venue
1356	141.00	11:04:08	00070499867TRLO0	XLON
6317	141.00	14:20:48	00070503410TRLO0	XLON
2327	141.00	14:20:53	00070503411TRLO0	XLON
1800	141.00	15:10:35	00070505293TRLO0	XLON
23200	141.00	15:43:23	00070506688TRLO0	XLON
7829	140.00	15:51:29	00070507136TRLO0	XLON
3997	140.00	15:51:29	00070507137TRLO0	XLON
16	139.00	16:35:14	00070510153TRLO0	XLON
144	139.00	16:35:14	00070510154TRLO0	XLON
2071	139.00	16:35:14	00070510155TRLO0	XLON
943	139.00	16:35:14	00070510156TRLO0	XLON

 

 Ends. 

Motorpoint Group PLC Chris Morgan, Chief Financial Officer LEI: 213800WG8RSE45I3MF22	T. via FTI Consulting E. [e-mail]
FTI Consulting (Financial PR) Alex Beagley Harriet Jackson Amy Goldup	020 3727 1000

 

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 [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 

END

 

 

POSQXLFBZDLZBBX