Motorpoint Group PLC has disclosed the purchase of its Ordinary Shares through Numis Securities Limited as part of its Share Buyback Programme. The company bought 61,689 Ordinary Shares at prices ranging from 138.50 GBp to 140.00 GBp per share, with a volume-weighted average price of 139.1813 GBp per share. The purchased shares will be canceled, resulting in 87,831,994 remaining Ordinary Shares in issue with no shares held in treasury, and the total voting rights in the company will be 87,831,994.

The company provided detailed information on individual transactions, including the number of ordinary shares purchased, transaction prices, and the time of transactions. These transactions were executed on the XLON trading venue. Chris Morgan, Chief Financial Officer of Motorpoint Group PLC, confirmed the completion of the share buyback and provided the necessary regulatory information for shareholders and others with notification obligations.

This announcement aligns with the company's Share Buyback Programme and complies with the Market Abuse Regulation. The disclosed information allows shareholders and other relevant parties to calculate their notification obligations under the FCA's Disclosure Guidance and Transparency Rules. The company's decision to repurchase its shares reflects its confidence in its financial position and long-term prospects, potentially signaling positive sentiment to the market.