MotorK: Transaction in Own Shares Share Buyback Transaction Details August 1 – August 5, 2022

LONDON--()--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

Negotiation 

Transactions

Number of
Ordinary Shares

Total
Consideration
(€)

Average price
(€ per share)

Minimum price
(€ per share)

Maximum price
(€ per share)

8/1/2022

Stock Exchange

Purchase

2 408

7 027

2,92

2,88

2,96

8/2/2022

Stock Exchange

Purchase

907

2 655

2,93

2,90

2,96

8/3/2022

Stock Exchange

Purchase

948

2 749

2,90

2,90

2,90

8/4/2022

Stock Exchange

Purchase

1 006

2 887

2,87

2,84

2,90

8/5/2022

Stock Exchange

Purchase

1 036

2 917

2,82

2,80

2,83

Total Weekly

 

 

6 305

18 235

2,89

2,80

2,96

Cumulated to date

 

 

27 315

82 618

 

 

 

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

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