MOTR.L

Motorpoint Group Plc
Motorpoint Group plc - Transaction in Own Shares
9th September 2024, 06:00
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 3144D
Motorpoint Group plc
09 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

06/09/2024

Aggregate number of Ordinary Shares purchased

32,030

Lowest price paid per share (GBp)

144.50

Highest price paid per share (GBp)

144.50

Volume weighted average price paid per share (GBp)

144.5000

 

The purchased shares will be cancelled. Following the purchase of these shares, the remaining number of Ordinary Shares in issue will be 86,619,822 with no shares held in treasury. Therefore, the total voting rights in the Company will be 86,619,822. 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

144.50

 08:14:28

00071275259TRLO0

XLON

12500

144.50

 08:14:45

00071275263TRLO0

XLON

1634

144.50

 08:14:45

00071275262TRLO0

XLON

2896

144.50

 08:14:45

00071275265TRLO0

XLON

5000

144.50

 08:14:45

00071275264TRLO0

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

 

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.

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
 
 
POSQQLFBZKLXBBZ]]>
TwitterFacebookLinkedIn