1 February 2021
Motorpoint Group Plc
("Motorpoint" or "the Company")
Transactions by Persons Discharging Managerial Responsibility ("PDMR")
and persons closely associated with them
Motorpoint, the UK's largest independent omni-channel vehicle retailer, announces that on 1 February 2021 Mark Carpenter (CEO) acquired 2,030 ordinary shares at £1.773 each following the exercise of options pursuant to Motorpoint's 2018 sharesave scheme.
Following the acquisition of these shares Mr Carpenter's direct interest in shares are as follows:
| Director / PDMR | Shares held | Total number of options over Shares | Total interest in Shares as a percentage of current issued share capital (%) |
| Mark Carpenter | 8,879,789 | 342,329 | 10.23% |
The notification at the end of the announcement is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation and provides further details.
| Contact Information: |
|
| Motorpoint Group Plc (www.motorpointplc.com) Manjit Virk, Company Secretary
| Via FTI Consulting |
| FTI Consulting (Financial PR) Alex Beagley James Styles
| 020 3727 1000 |
Notes to editors
Motorpoint is the largest independent vehicle retailer in the United Kingdom. The Group's principal business is the sale of nearly-new vehicles, the majority of which are up to two years old and which have covered less than 15,000 miles. Motorpoint sells vehicles from brands representing over 95 per cent. of new vehicle sales in the United Kingdom, with models from Ford, Vauxhall, Volkswagen, Nissan, Hyundai, Audi and BMW being amongst the top sellers. The Group operates from 14 retail sites across the United Kingdom; Birmingham, Birtley, Burnley, Castleford, Chingford, Derby, Glasgow, Newport, Oldbury, Peterborough, Sheffield, Stockton on Tees, Swansea and Widnes; together with a national contact-centre dealing with online enquiries.
More information is available at www.motorpointplc.com and www.motorpoint.co.uk.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Mark Carpenter | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Executive Officer | ||||
| b) | Initial notification /Amendment | Initial Notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Motorpoint Group Plc | ||||
| b) | LEI | 213800WG8RSE45I3MF22 | ||||
| 4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
| a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.01 each in Motorpoint Group PLC ("Ordinary Shares)
GB00BD0SFR60 | ||||
| b)
| Nature of the transaction
| Exercise of Options under the Motorpoint Group Plc Sharesave Plan 2018 to purchase ordinary shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
As above (single transaction)
| ||||
| e) | Date of the transaction | 01.02.2021 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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