LONDON – Motorpoint Group plc, the UK's leading independent motor retailer, has announced the appointment of Swarupa Pathakji, a non-executive director of the company, to the Board of Albion Technology & General VCT plc. The appointment, effective from Thursday, follows the merger with Albion KAY VCT PLC.
Pathakji will serve on several committees at Albion Technology, including audit and risk, remuneration, nominating and management engagement. Motorpoint assured that Pathakji will be able to manage her time effectively to fulfill her responsibilities at both companies.
Known for its omnichannel approach to automotive retail, Motorpoint offers customers a seamless experience to buy, sell and finance cars online, in-store or through a combination of both. The company operates a network of 21 stores across the UK and operates a B2C platform, Motorpoint.co.uk, which is complemented by online wholesale platform Auction4Cars.com.
The company's business model is supported by a combination of its established brand, industry-leading technology and cutting-edge marketing infrastructure, with the goal of providing choice, value, service and quality to its customers.
This announcement is based on a press release and contains no additional information that would require disclosure in accordance with UKLR 6.4.8R. Motorpoint is listed on London Stock Exchange (LON:) It is regulated by the Financial Conduct Authority in the United States Kingdom (Trading:).
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