Own Shares Details

MotorK: Transaction in Own Shares (10 January)

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)
02/01/2023 Purchase

3,122

3,684

1.18

1.18

1.18

03/01/2023 Purchase

0

0

0.00

04/01/2023 Purchase

3,855

4,626

1.2000

1.20

1.20

05/01/2023 Purchase

3,765

4,490

1.1927

1.19

1.20

06/01/2023 Purchase

3,374

3,996

1.1844

1.18

1.19

Total Weekly

14,116

16,797

1.19

1.18

1.20

Cumulated to date

469,717

726,422

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: 5th Floor One New Change, London, England, EC4M 9AF – Company Registration: 9259000. For more information: www.motork.io or www.investors.motork.io.

FOR FURTHER INFORMATION
Etienne Jacquet
etienne.jacquet@motork.io
+33 6 22 18 39 09
MotorK Investor Relations

MotorK Corporate Communications
press@motork.io

Source: MotorK plc

Forward-looking information / disclaimer

This press release may include forward-looking statements. Other than reported financial results and historical information, all statements included in this press release, including, without limitation, those regarding our financial position, business strategy and management plans and objectives for future operations, may be deemed to be forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “targets”, “plans”, “believes”, “expects”, “aims”, “intends”, “anticipates”, “estimates”, “projects”, “will”, “may”, “would”, “could” or “should”, or words or terms of similar substance or the negative thereof, are forward-looking statements. These forward-looking statements are based on our current expectations, projections and key assumptions about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond MotorK’s ability to control or estimate precisely, such as future market conditions, the behavior of other market participants and the actions of governmental regulators. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release and are subject to change without notice. Other than as required by applicable law or the applicable rules of any exchange on which our securities may be traded, we expressly disclaim any obligation or undertaking to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.


Important information

This press release contains information within the meaning of Article 7(1) of the Market Abuse Regulation (596/2014).

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.

FOR FURTHER INFORMATION
MotorK Investor Relations
Boaz Zilberman
boaz.zilberman@motork.io
+972 532 819 810

Source: MotorK plc

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