Motorpoint Group plc Transaction in Own Shares

RNS Number : 4025C

Motorpoint Group plc

02 September 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	30/08/2024
Aggregate number of Ordinary Shares purchased	11,719
Lowest price paid per share (GBp)	142.50
Highest price paid per share (GBp)	143.50
Volume weighted average price paid per share (GBp)	143.3533

 

The purchased shares will be cancelled. Following the purchase of these shares, the remaining number of Ordinary Shares in issue will be 86,699,364 with no shares held in treasury. Therefore, the total voting rights in the Company will be 86,699,364. 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
10000	143.50	10:23:32	00071186880TRLO0	XLON
152	142.50	12:20:16	00071189207TRLO0	XLON
67	142.50	12:20:57	00071189217TRLO0	XLON
1500	142.50	12:21:43	00071189226TRLO0	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

 

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