LONDON – Motorpoint Group plc, the UK's leading independent vehicle supplier, has announced that Swarupa Pathakji, the company's Non-Executive Director, has been appointed to the board of Albion Technology & General VCT plc. The appointment, effective from Thursday, follows the merger of Albion KAY VCT PLC.
Pathakji will serve on several committees at Albion Technology, including Audit and Risk, Compensation, Nominating, and Corporate Governance. Motorpoint has confirmed that Pathakji will be able to manage his time effectively to fulfill his responsibilities at both companies.
Motorpoint, known for its omnichannel approach to vehicle sales, offers customers a seamless experience buying, selling, and financing cars online, in-store, or a combination of the two. The company operates a network of 21 stores across the UK and manages the B2C platform, Motorpoint.co.uk, which is complemented by the online wholesale platform Auction4Cars.com.
The company's business model is supported by a combination of its established brand, industry-leading technology, and sophisticated marketing infrastructure, which aims to provide choice, value, service and quality to its customers.
This announcement is based on a press release and does not contain any additional information required to be disclosed in accordance with UKLR 6.4.8R. Motorpoint is listed in the London Stock Exchange (LON:) and is regulated by the Financial Conduct Authority in the United States The Kingdom (TADAWUL :).
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