MotorK Plc, - MotorK: Transaction in Own Shares Share Buyback Transaction Details August 1 – August 5, 2022
August 09, 2022 at 03:36 am EDT
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PRESS RELEASE
Regulated information
TRANSACTION IN OWN SHARES
SHARE BUYBACK TRANSACTION DETAILS AUGUST 1 - AUGUST 5, 2022
LONDON - 09 August 2022 - 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 of-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
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 sofware as a service ("SaaS") provider for the automotive retail industry in the EMEA region, with over 400 employees and eleven ofices 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 ofice: 124 City Road, London, EC1V 2NX - Company Registration: 9259000. For more information: www.motork.ioor www.investors.motork.io.
Motork plc published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 07:35:01 UTC.
MotorK plc is specialized in the development of SaaS solutions in digital sales and marketing for the automotive retail sector. The company offers platforms for maximizing traffic acquisition, managing inventory, managing sales operations, managing omni-channel prospects, launching promotional campaigns, etc.
Net sales are distributed geographically as follows: Italy (63.4%), France (13.6%), Spain (10%), Germany (7.2%) and Benelux (5.8%).
MOTORK PLC 
