Motorpoint Group PLC, the UK's largest independent omnichannel used vehicle retailer, announced that its CEO, Mark Carpenter, has sold 200,000 shares in the company. Despite the sale, Carpenter remains a significant shareholder, retaining an interest of 8,581,693 ordinary shares, which represents 9.74% of the total ordinary shares currently in issue. The sale was made at a share price of 140.0 pence per share, with 100,000 shares sold on both July 8th and July 10th, 2024, at the London Stock Exchange.

The notification and public disclosure of the transactions by persons discharging managerial responsibilities and persons closely associated with them were made in accordance with the requirements of the UK Market Abuse Regulation. The details of the transactions, including the nature of the transaction, price, volume, date, and place of the transaction, were provided in the announcement.

For further information, interested parties can contact Motorpoint Group PLC directly or FTI Consulting, the company's financial PR firm. This announcement provides insight into the recent share dealings of the CEO of Motorpoint Group PLC, offering transparency to the market and its stakeholders.