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LONDON - Motorpoint Group PLC, the UK’s largest independent used vehicle retailer, announced that Swarupa Pathakji, a Non-Executive Director, acquired 7,008 ordinary shares of the company on Monday. The transaction took place on the London Stock Exchange (LON:LSEG) at a price of 141.80 pence per share.
This purchase increases Pathakji’s total holding to 7,008 ordinary shares, which is equivalent to 0.01% of Motorpoint’s issued share capital, currently standing at 86,386,611 ordinary shares.
The acquisition is in line with the UK Market Abuse Regulation, which requires timely disclosure of transactions made by persons in managerial positions. Motorpoint has fulfilled its obligation by making this public announcement.
The company’s share identification code is GB00BD0SFR60, and the shares were bought at a price of 141.80 pence each, amounting to an investment by Pathakji. The information provided in this report is based on a press release statement from Motorpoint Group PLC.
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