Last checked at 13 Jun 2017 16:00
13 June 2017
Motorpoint Group plc
("Motorpoint" or "the Company")
Final Dividend Timetable
Motorpoint, the UK's largest independent vehicle retailer, is pleased to confirm that the FY17 final dividend of 2.90 pence per share recommended by the Board on 12 June 2017, will be paid on 1 September 2017 to those shareholders recorded on the register of members at close of business on 4 August 2017, subject to shareholder approval at Company's Annual General Meeting to be held on 26 July 2017.
Shareholders will once again have the option to elect to use this cash dividend to buy additional shares in Motorpoint through the Dividend Re-Investment Plan ("DRIP") via our Registrar, Capita Asset Services. The DRIP election deadline date is 8 August 2017.
The details of the DRIP will be explained in a circular to accompany our 2017 Annual Report and Accounts, which will be circulated to all shareholders on 28 June 2017. For further details of the DRIP and/or if you would like to arrange for your dividend to be paid direct to your bank or building society account please visit our Registrar's website www.signalshares.com.
Event | Date |
Ex-dividend date: | 3 August 2017 |
Record date: | 4 August 2017 |
DRIP Election deadline | 8 August 2017 |
Payment date: | 1 September 2017 |
Enquiries:
Motorpoint Group plc Manjit Virk, Company Secretary
| Via FTI Consulting |
FTI Consulting (Financial PR) Jonathon Brill 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 12 retail sites across the United Kingdom; Derby, Burnley, Glasgow, Newport, Peterborough, Chingford, Birmingham, Widnes, Birtley, Castleford, Oldbury and Sheffield, of which seven have opened in the last five years; together with a national contact-centre dealing with online enquiries.
More information is available at www.motorpointplc.com and www.motorpoint.co.uk