Wednesday 10 August 2022

MotorK Plc: Transaction in Own Shares

Share Buyback Transaction Details July 25 – July 29, 2022

LONDON–(BUSINESS WIRE)–Regulatory News:

MotorK Plc (AMS: MTRK) (“MotorK” or the “Group”) announces today that it has purchased the following number of ordinary shares in the Company.

This is part of a repurchase program announced on July 18, 2022. MotorK intends to buy back its own ordinary shares by way of off-market purchases on Euronext Amsterdam and via block trades up to a maximum aggregate value of €3,000,000 (the “Programme”). The authorization will expire following the conclusion of the Annual General Meeting of the Company to be held in 2023.

Aggregate Information

Date
 
Transactions
 
Number of Ordinary Shares
 
Total Consideration (€)
 
Average price
(€ per share)
 
Minimum price
(€ per share)
 
Maximum price
(€ per share)

25/7/2022
 
Purchase
 

4,550

 

13,665

 

3.00

 

2.98

 

3.10

26/7/2022
 
Purchase
 

427

 

1,309

 

3.07

 

3.05

 

3.08

27/7/2022
 
Purchase
 

2,122

 

6,486

 

3.06

 

3.00

 

3.06

28/7/2022
 
Purchase
 

2,731

 

8,190

 

3.00

 

2.99

 

3.00

29/7/2022
 
Purchase
 

2,249

 

6,740

 

3.00

 

2.97

 

3.00

Total Weekly
 
 
 

12,079

 

36,389

 

3.01

 

2.97

 

3.10

Cumulated to date
 
 
 

21,010

 

64,383

 

 

 

 

 

 

The Programme is implemented within the limitations of the authority granted by the General Meeting on July 18, 2022. Any shares so repurchased shall be treated as cancelled pursuant to section 706(b) of the Companies Act 2006.

The Group has entered into non-discretionary instructions with Kepler Cheuvreux SA (“Kepler Cheuvreux”) to conduct the Programme on its behalf and to make trading decisions under the Programme independently of MotorK.

REGULATED INFORMATION

This press release contains information that qualifies or may qualify as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation (596/2014/EU)

ABOUT MOTORK PLC

MotorK (AMS: MTRK) is a leading software as a service (“SaaS”) provider for the automotive retail industry in the EMEA region, with over 400 employees and eleven offices in eight countries (Italy, Spain, France, Germany, Portugal, the UK, Belgium and Israel). MotorK empowers car manufacturers and dealers to improve their customer experience through a broad suite of fully integrated digital products and services. MotorK provides its customers with an innovative combination of digital solutions, SaaS cloud products and the largest R&D department in the automotive digital sales and marketing industry in Europe. MotorK is a company registered in England and Wales. Registered office: 124 City Road, London, EC1V 2NX – Company Registration: 9259000. For more information: www.motork.io or www.investors.motork.io.

Contacts

FOR FURTHER INFORMATION
MotorK Investor Relations

Etienne Jacquet

etienne.jacquet@motork.io
+33 6 22 18 39 09

MotorK Corporate Communications

press@motork.io

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