Motorpoint Group PLC has disclosed the details of its recent share buyback program. The company repurchased 16,862 of its Ordinary Shares of £0.01 each through Numis Securities Limited. The shares were bought at prices ranging from 141.00 GBp to 142.00 GBp, with a volume-weighted average price of 141.3717 GBp per share. Following the buyback, the total number of Ordinary Shares in issue will be 88,420,177, with no shares held in treasury, resulting in a total voting rights of 88,420,177.

The company stated that the purchased shares will be canceled, and the remaining shares will be used as the denominator for the calculations to determine if shareholders are required to notify their interest in the company under the FCA's Disclosure Guidance and Transparency Rules.

The detailed information of the individual trades made by Deutsche Numis as part of the Share Buyback Programme was also provided, including the number of ordinary shares purchased, transaction prices, and the time of transactions. The announcement was made in accordance with Regulation (EU) No 596/2014 (the Market Abuse Regulation).

Chris Morgan, Chief Financial Officer of Motorpoint Group PLC, provided the announcement. For further information, the company can be contacted via FTI Consulting.