21st Oct 2016 07:00
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 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
Identification code |
Ordinary shares of 1p each.
ISIN Code: GB00BD0SFR60
| ||||
b) | Acquisition of shares | |||||
c) | Price(s) and volume(s):
|
| ||||
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
Related Shares:
Motorpoint