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Pin to quick picksMotorpoint Regulatory News (MOTR)

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Market Cap: £103.92m
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Director/PDMR Shareholding

21 Oct 2016 07:00

RNS Number : 1158N
Motorpoint Group plc
21 October 2016
Β 

21 October 2016

Motorpoint Group Plc

("Motorpoint" or "the Company")

Director / PDMR Shareholding

Motorpoint, the UK's largest independent vehicle retailer, hereby notifies the market that, on 20 October 2016, Shoby Investments Limited, a person closely associated with David Shelton, a Director of Motorpoint, purchased 520,000 shares in the Company on the London Stock Exchange at a price of 138 pence per share. This purchase results in Shoby Investments Limited being interested in a total of 23,396,726 ordinary shares in the Company, representing 23.4% of the 100,194,023 ordinary shares in the Company currently in issue.

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DEALING NOTIFICATION FORMFOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Shoby Investments Limited

2.

Reason for the notification

a)

Position/status

PCA with David Shelton, Director

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

N/A

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

Β 

Β 

Identification code

Β 

Ordinary shares of 1p each.

Β 

Β 

ISIN Code: GB00BD0SFR60

Β 

b)

Acquisition of shares

c)

Price(s) and volume(s):

Β 

Price(s)

Volume(s)

Β£1.38

520,000

d)

Aggregated information:

Price Β£1.38

Volume 520,000

e)

Date of the transaction

20 October 2016

f)

Place of the transaction

London Stock Exchange (XLON)

Β 

Motorpoint Group Plc (www.motorpointplc.com)

Manjit Virk, Company Secretary

Via FTI Consulting

Β 

Numis (Financial Adviser)

Stuart Skinner

Andrew Hackney

Β 

Β 

020 7260 1000

FTI Consulting (Financial PR)

Jonathon Brill

Alex Beagley

Β 

Β 020 3727 1000

Β 

Β 

ENDS

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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DSHDBBDGCXDBGLG
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