RNS Number : 4369Z
Motorpoint Group plc
07 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

06/08/2024

Aggregate number of Ordinary Shares purchased

125,000

Lowest price paid per share (GBp)

136.50

Highest price paid per share (GBp)

140.00

Volume weighted average price paid per share (GBp)

139.6825

 

The purchased shares will be cancelled. Following the purchase of these shares, the remaining number of Ordinary Shares in issue will be 87,207,697 with no shares held in treasury. Therefore, the total voting rights in the Company will be 87,207,697. 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

20793

140.00

 08:39:03

00070921091TRLO0

XLON

4154

140.00

 08:39:03

00070921092TRLO0

XLON

53

140.00

 08:39:03

00070921093TRLO0

XLON

3405

139.50

 10:20:34

00070926186TRLO0

XLON

9890

140.00

 13:08:28

00070930249TRLO0

XLON

10000

140.00

 13:09:19

00070930276TRLO0

XLON

1705

140.00

 13:09:20

00070930278TRLO0

 

XLON

50000

140.00

 14:34:28

00070933117TRLO0

 

XLON

19806

139.00

 15:47:30

00070937263TRLO0

 

XLON

594

136.50

 16:35:17

00070940903TRLO0

 

XLON

2709

136.50

 16:35:17

00070940904TRLO0

 

XLON

1891

136.50

 16:35:17

00070940905TRLO0

 

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
 
 
POSQQLFBZVLLBBD