Director/PDMR Shareholding

RNS Number : 1158N

Motorpoint Group plc

21 October 2016

 

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.

DEALING NOTIFICATION FORM
FOR 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 Identification code	Ordinary shares of 1p each. ISIN Code: GB00BD0SFR60
b)	Acquisition of shares
c)	Price(s) and volume(s):	Price(s) Volume(s) £1.38 520,000
d)	Aggregated information: Price £1.38 Volume 520,000
e)	Date of the transaction	20 October 2016
f)	Place of the transaction	London Stock Exchange (XLON)

Motorpoint Group Plc (www.motorpointplc.com) Manjit Virk, Company Secretary	Via FTI Consulting
Numis (Financial Adviser) Stuart Skinner Andrew Hackney	020 7260 1000
FTI Consulting (Financial PR) Jonathon Brill Alex Beagley	020 3727 1000

ENDS

 

END

 

 

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