MOTORPOINT GROUP PLC

Board/Management Information • Nov 28, 2019

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RNS Number : 9197U

Motorpoint Group plc

28 November 2019

28 November 2019

Motorpoint Group PLC

("Motorpoint" or the "Group")

Directorate Change

Motorpoint Group PLC, the UK's largest independent vehicle retailer, announces that the Group's Founder and Non-Executive Director, David Shelton, will retire from the Board on 31 December 2019.  David stepped down as an executive director in March 2018.

Mark Morris, Chairman of Motorpoint Group PLC, commented:

"I would like to take this opportunity, on behalf of the Board and the whole group, to thank David for his tireless service to Motorpoint since founding it in 1998. David has been key to Motorpoint's successful growth strategy from its first site in Derby to the 12-strong estate that we operate from today. The Board wishes David a long and happy retirement."

Enquiries:

Motorpoint Group PLC Mark Carpenter, Chief Executive Officer James Gilmour, Chief Financial Officer	via FTI Consulting
FTI Consulting (Financial PR) Jonathon Brill Alex Beagley James Styles Sam Macpherson	020 3727 1000

Notes to editors

Motorpoint is the largest independent vehicle retailer in the United Kingdom. The Group's principal business is the sale of nearly-new vehicles, the majority of which are up to two years old and which have covered less than 15,000 miles. Motorpoint sells vehicles from brands representing over 95 per cent of new vehicle sales in the United Kingdom, with models from Ford, Vauxhall, Volkswagen, Nissan, Hyundai, Audi and BMW being amongst the top sellers. The Group operates from 12 retail sites across the United Kingdom; Derby, Burnley, Glasgow, Newport, Peterborough, Chingford, Birmingham, Widnes, Birtley, Castleford, Oldbury and Sheffield of which five have opened in the last five years; together with a national contact-centre dealing with online enquiries.

More information is available at www.motorpointplc.com and www.motorpoint.co.uk.

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