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Motorpoint Group Plc
Motorpoint Group plc - Transaction in Own Shares
23rd August 2024, 06:00
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RNS Number : 4919B
Motorpoint Group plc
23 August 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

22/08/2024

Aggregate number of Ordinary Shares purchased

17,142

Lowest price paid per share (GBp)

141.00

Highest price paid per share (GBp)

142.00

Volume weighted average price paid per share (GBp)

141.0083

 

The purchased shares will be cancelled. Following the purchase of these shares, the remaining number of Ordinary Shares in issue will be 86,911,138 with no shares held in treasury. Therefore, the total voting rights in the Company will be 86,911,138. 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

7000

141.00

 12:02:32

00071109129TRLO0

XLON

10000

141.00

 15:43:40

00071115453TRLO0

XLON

142

142.00

 16:24:18

00071117169TRLO0

XLON

 

 Ends.

Motorpoint Group PLC

Chris Morgan, Chief Financial Officer

LEI: 213800WG8RSE45I3MF22

 

T. via FTI Consulting

E. companysecretary@motorpoint.co.uk

FTI Consulting (Financial PR)

Alex Beagley

Harriet Jackson

Amy Goldup

020 3727 1000

 

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