Awards granted under the Long Term Incentive Plan
Motorpoint Group plc announced that on July 24, 2026, Stretch Performance Incentive awards were granted under its Long Term Incentive Plan to Persons Discharging Managerial Responsibilities. The Chief Executive Officer, Mark Carpenter, received 1,762,295 nil cost options, increasing his total holdings to 2,915,582 options, representing 3.49% of the issued share capital. The Chief Financial Officer, Chris Morgan, was granted 1,298,156 nil cost options, bringing his total to 2,096,553 options, or 2.51% of the issued share capital. These awards vest upon achieving stretch targets within a five-year performance period ending in FY31, with a post-vesting holding period until the fifth anniversary of the grant.
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Motorpoint, the UK's leading independent omnichannel vehicle retailer, the Company announces that that on 24 July 2026 (the "Grant Date") a Stretch Performance Incentive ("SPI") award over ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") was made under the Company's Long Term Incentive Plan ("LTIP") to the Persons Discharging Managerial Responsibilities as set out below (the "Awards").
Awards were granted in the form of nil cost options, which vest on the achievement of performance against stretch targets within a five year performance period to FY31. Any awards vesting prior to the final performance test at the end of the five year performance period will be subject to a post vesting holding period until the fifth anniversary of grant during which time vested shares may not be sold (other than for tax or exceptional circumstances).
| Name | Number of Options granted | Total number of options over Ordinary Shares as at Grant Date | Total number of options over Ordinary Shares held as a percentage of current issued share capital as at Grant Date |
| Mark Carpenter (CEO) | 1,762,295 | 2,915,582 | 3.49% |
| Chris Morgan (CFO) | 1,298,156 | 2,096,553 | 2.51% |
| FTI Consulting (Financial PR) Richard Gotla Harriet Jackson Harleena Chana | 020 3727 1000 | ||
| a) | Name | 1. M ark Carpenter 2. Chris Morgan | |
| 2 | Reason for the notification | ||
| a) | Position/status | 1. C hief Executive Officer 2. C hief Financial Officer | |
| b) | Initial notification /Amendment | Initial Notification | |
| a) | Name | Motorpoint Group Plc | |
| b) | LEI | 213800WG8RSE45I3MF22 | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.01 each in Motorpoint Group plc ("Ordinary Shares") | |
| Identification code | GB00BD0SFR60 | ||
| b) | Nature of the transaction | Grant of Stretch Performance Incentive Awards under the Motorpoint Group Plc Long Term Incentive Plan | |
| c) | Price(s) and volume(s) | Price(s) Volume(s) 1. Nil 1,762,295 2. Nil 1,298,156 | |
| d) | Aggregated information | ||
| - Aggregated volume | Not applicable | ||
| - Price | |||
| e) | Date of the transaction | 24 July 2026 | |
| f) | Place of the transaction | Outside of a trading venue | |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.