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Motorpoint Group PLC announced on 22 July 2025 that all 17 resolutions proposed at its Annual General Meeting were approved by shareholders via a poll vote. A total of 43,147,733 proxy votes were received, representing 50.95% of the 84,694,392 issued ordinary shares.
| Date | 22 Jul 2025 |
| Time | 16:57:47 |
| Category | AGMs and other meetings |
| ID | 1186S |
22 July 2025
Motorpoint Group PLC
("Motorpoint" or the "Group")
Result of Annual General Meeting
Motorpoint Group PLC, the UK's leading independent omnichannel vehicle retailer, announces that at its Annual General Meeting ("AGM") held earlier today, all of the Resolutions as set out in the AGM Notice were approved by way of a poll vote by shareholders, the results of which are set out below.
As at 14.00 hrs on 22 July 2025, the number of issued ordinary £0.01 shares of the Company was 84,694,392. This represents the total number of shares entitling the holders to attend and vote for or against all resolutions. 43,147,733 proxy votes were received, representing 50.95% of the issued share capital of Motorpoint.
Details of the votes received on each resolution by Motorpoint's Registrar are set out below. Full text of all of the resolutions is set out in the Notice of AGM on the Company's website.
|
|
Resolutions |
Total votes |
||||
|
For (shares) |
For (%) |
Against (shares) |
Against (%) |
Vote Withheld1 |
||
|
1. |
Ordinary resolution to adopt the Company's audited financial statements for the financial year ended 31 March 2025, together with the Directors' Report and the Auditors' Report on those accounts. |
43,147,733 |
100.00% |
0 |
0.00% |
0 |
|
2. |
Ordinary resolution to approve the Directors' Remuneration Report. |
41,625,575 |
96.50% |
1,511,282 |
3.50% |
10,876 |
|
3. |
To declare a final dividend for the year ended 31 March 2025. |
43,147,733 |
100.00% |
0 |
0.00% |
0 |
|
4. |
Ordinary resolution to re-elect Mark Carpenter as an executive director of the Company. |
42,534,521 |
98.58% |
613,212 |
1.42% |
0 |
|
5. |
Ordinary resolution to re-elect Chris Morgan as an executive director of the Company. |
43,147,731 |
100.00% |
0 |
0.00% |
2 |
|
6. |
Ordinary resolution to re-elect John Walden as a non-executive director of the Company. |
42,534,376 |
98.58% |
613,357 |
1.42% |
0 |
|
7. |
Ordinary resolution to re-elect Mary McNamara as a non-executive director of the Company. |
41,315,258
|
95.75% |
1,832,330 |
4.25% |
145 |
|
8. |
Ordinary resolution to re-elect Adele Cooper as a non-executive director of the Company. |
42,534,376 |
98.58% |
613,357 |
1.42% |
0 |
|
9. |
Ordinary resolution to re-elect Keith Mansfield as a non-executive director of the Company. |
42,529,521 |
98.57% |
618,212 |
1.43% |
0 |
|
10. |
Ordinary resolution to elect Swarupa Pathakji as a non-executive director of the Company. |
43,147,588 |
99.99% |
145 |
0.01% |
0 |
|
11. |
Ordinary resolution to re-appoint PricewaterhouseCoopers LLP as auditors of the Company. |
43,147,600 |
99.99% |
133 |
0.01% |
0 |
|
12. |
Ordinary resolution to authorise the Board to determine the auditors' remuneration. |
43,147,598 |
99.99% |
133 |
0.01% |
2 |
|
13. |
Ordinary Resolution to authorise the directors to allot securities up to an aggregate nominal value of £571,134. |
43,142,733 |
99.99% |
5,000 |
0.01% |
0 |
|
14. |
Special resolution to give the directors general authority to allot securities for cash without making an offer to shareholders. |
43,120,745 |
99.94% |
26,988 |
0.06% |
0 |
|
15. |
Special resolution to give the directors authority to allot securities for cash without making an offer to shareholders, in order to finance acquisitions. |
43,120,745 |
99.94% |
26,988 |
0.06% |
0 |
|
16. |
Special resolution to give the Company limited authority to purchase up to 8,567,015 of its own shares. |
43,147,733 |
100.00% |
0 |
0.00% |
0 |
|
17. |
Special resolution to authorise general meetings (other than annual general meetings) to be held on not less than 14 clear days' notice. |
43,024,553 |
99.71% |
123,180 |
0.29% |
0 |
In accordance with Listing Rule 9.6.2, the full text of the special business resolutions passed at the AGM will shortly be available to view via the National Storage Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Enquiries:
|
Motorpoint Group PLC Mark Carpenter, Chief Executive Officer Chris Morgan, Chief Financial Officer |
via FTI Consulting |
|
FTI Consulting (Financial PR) Alex Beagley Harriet Jackson Amy Goldup |
020 3727 1000 |
Notes to editors
Motorpoint is the UK's leading independent omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 21 sales and collection stores, the Group provides an unrivalled offering in the nearly new car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes. Motorpoint's purely online wholesale platform Auction4Cars.com sells vehicles into the wholesale B2B market that have been part exchanged by retail customers, or purchased directly from them by the Group as part of its online car buying service. Motorpoint's diversified business model, underpinned by its established brand, industry leading technology and sophisticated marketing infrastructure, always delivers the best choice, value and quality for customers.