Holding(s) in Company

RNS Number : 3703Q
Motorpoint Group plc
28 June 2022
 

28 June 2022


Motorpoint Group plc

("Motorpoint", the "Group" or the "Company")

 

 

The Company was informed on 24 June 2022 that Mark Morris, a major shareholder, transferred 2,750,000 shares to an associated party for estate planning purposes. Following the transfer of shares, Mark Morris' voting rights in the Company have reduced from 9.44% to 6.39%.

 

 

TR-1: S tandard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i


1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii :

MOTORPOINT GROUP PLC

1b. Please indicate if the issuer is a non-UK issuer   (please mark with an "X" if appropriate)

Non-UK issuer


2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments


An event changing the breakdown of voting rights


Other (please specify) iii:


3. Details of person subject to the notification obligation iv

Name

Mark Morris

City and country of registered office (if applicable)


4. Full name of shareholder(s) (if different from 3.) v

Name

Mark Morris

City and country of registered office (if applicable)


5. Date on which the threshold was crossed or reached vi :

24/06/2022

6. Date on which issuer notified (DD/MM/YYYY):

24/06/2022

7. Total positions of person(s) subject to the notification obligation


% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer (8.A + 8.B) vii

Resulting situation on the date on which threshold was crossed or reached

6.39%


6.39%

5,759,556

Position of previous notification (if

applicable)

9.44%


9.44%


 

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii

X

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)
xiv


Name xv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Mark Morris

6.39%


6.39%

















 

10. In case of proxy voting, please identify:

Name of the proxy holder


The number and % of voting rights held


The date until which the voting rights will be held



11. Additional information xvi

The above notification arises from the transfer of securities to an associated party for estate planning purposes

 

Place of completion

Rutland, England

Date of completion

24/06/2022

 

 

 

 



 

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