Director/PDMR Shareholding

Vertu Motors

10/06/2025 07:00

RNS Number : 0938M

Vertu Motors PLC

10 June 2025

 

10 June 2025

Vertu Motors plc ("Vertu Motors" or "Company")

Director and/or PDMR Share Purchases

Vertu Motors announces that it was notified on 09 June 2025 of the following acquisitions ("Dealings") in the Company's ordinary shares of 10p each ("Ordinary Shares") by directors and/or persons discharging managerial responsibility in the Company. The Dealings took place on 09 June 2025 pursuant to the Company's Share Incentive Plan at a price of 65p per Ordinary Share.

Director/PDMR
Beneficial holding of Ordinary Shares prior to the Dealing*
% of issued share capital prior to the Dealing*
Ordinary Shares acquired by Director/ PDMR
Resultant Beneficial holding of Ordinary Shares after the Dealing*
Resultant % of issued share capital after the Dealing*
Robert Forrester
5,935,191
1.83%
2,769
5,937,960
1.83%
Karen Anderson
1,418,339
0.44%
2,769
1,421,108
0.44%
David Crane
286,948
0.09%
2,769
289,717
0.09%
Christopher Taylor
335,280
0.10%
2,769
338,049
0.10%
Leonardo Caruso
12,651
0.00%
2,769
15,420
0.00%
Mark Gibbings
25,532
0.01%
2,769
28,301
0.01%
Tom Garratt
36,729
0.01%
2,769
39,498
0.01%
Anthony Masterson
91,550
0.03%
2,769
94,319
0.03%

*includes shares held by the Director's/PDMR's PCAs.

The Company's issued share capital consists of 324,315,407 Ordinary Shares with voting rights.  The Company does not hold any Ordinary Shares in treasury.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
ROBERT FORRESTER
2.
Reason for the notification
ACQUISITION OF SHARES
a)
Position/status
CEO
b)
Initial notification/Amendment
INITIAL NOTIFICATION
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
VERTU MOTORS PLC
b)
LEI
213800GIKJEIUIGMI575
4.
Details of transactions(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (vi) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument identification code
Identification code
ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
GB00B1GK4645
b)
Nature of the transaction
PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC,PURSUANT TO THE COMPANY'S SHARE INCENTIVE PLAN
c)
Price(s) and volume(s)
Price
Volume(s)
£0.65
2,769
d)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
e)
Date of the transaction
09JUNE 2025
f)
Place of transaction
LONDON STOCK EXCHANGE, AIM

 

1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
KAREN ANDERSON
2.
Reason for the notification
ACQUISITION OF SHARES
a)
Position/status
CFO
b)
Initial notification/Amendment
INITIAL NOTIFICATION
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
VERTU MOTORS PLC
b)
LEI
213800GIKJEIUIGMI575
4.
Details of transactions(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (vi) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument identification code
Identification code
ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
GB00B1GK4645
b)
Nature of the transaction
PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC,PURSUANT TO THE COMPANY'S SHARE INCENTIVE PLAN
c)
Price(s) and volume(s)
Price
Volume(s)
£0.65
2,769
d)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
e)
Date of the transaction
09JUNE 2025
f)
Place of transaction
LONDON STOCK EXCHANGE, AIM

 

1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
DAVID CRANE
2.
Reason for the notification
ACQUISITION OF SHARES
a)
Position/status
COO
b)
Initial notification/Amendment
INITIAL NOTIFICATION
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
VERTU MOTORS PLC
b)
LEI
213800GIKJEIUIGMI575
4.
Details of transactions(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (vi) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument identification code
Identification code
ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
GB00B1GK4645
b)
Nature of the transaction
PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC,PURSUANT TO THE COMPANY'S SHARE INCENTIVE PLAN
c)
Price(s) and volume(s)
Price
Volume(s)
£0.65
2,769
d)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
e)
Date of the transaction
09JUNE 2025
f)
Place of transaction
LONDON STOCK EXCHANGE, AIM

 

1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
CHRISTOPHER TAYLOR
2.
Reason for the notification
ACQUISITION OF SHARES
a)
Position/status
OPERATIONS DIRECTOR
b)
Initial notification/Amendment
INITIAL NOTIFICATION
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
VERTU MOTORS PLC
b)
LEI
213800GIKJEIUIGMI575
4.
Details of transactions(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (vi) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument identification code
Identification code
ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
GB00B1GK4645
b)
Nature of the transaction
PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC,PURSUANT TO THE COMPANY'S SHARE INCENTIVE PLAN
c)
Price(s) and volume(s)
Price
Volume(s)
£0.65
2,769
d)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
e)
Date of the transaction
09JUNE 2025
f)
Place of transaction
LONDON STOCK EXCHANGE, AIM

 

1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
LEONARDO CARUSO
2.
Reason for the notification
ACQUISITION OF SHARES
a)
Position/status
OPERATIONS DIRECTOR
b)
Initial notification/Amendment
INITIAL NOTIFICATION
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
VERTU MOTORS PLC
b)
LEI
213800GIKJEIUIGMI575
4.
Details of transactions(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (vi) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument identification code
Identification code
ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
GB00B1GK4645
b)
Nature of the transaction
PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC,PURSUANT TO THE COMPANY'S SHARE INCENTIVE PLAN
c)
Price(s) and volume(s)
Price
Volume(s)
£0.65
2,769
d)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
e)
Date of the transaction
09JUNE 2025
f)
Place of transaction
LONDON STOCK EXCHANGE, AIM

 

1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
MARK GIBBINGS
2.
Reason for the notification
ACQUISITION OF SHARES
a)
Position/status
OPERATIONS DIRECTOR
b)
Initial notification/Amendment
INITIAL NOTIFICATION
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
VERTU MOTORS PLC
b)
LEI
213800GIKJEIUIGMI575
4.
Details of transactions(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (vi) each place where transactions have been conducted
g)
Description of the financial instrument, type of instrument identification code
Identification code
ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
GB00B1GK4645
h)
Nature of the transaction
PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC,PURSUANT TO THE COMPANY'S SHARE INCENTIVE PLAN
i)
Price(s) and volume(s)
Price
Volume(s)
£0.65
2,769
j)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
k)
Date of the transaction
09JUNE 2025
l)
Place of transaction
LONDON STOCK EXCHANGE, AIM

 

5.
Details of the person discharging managerial responsibilities/person closely associated
b)
Name
TOM GARRATT
6.
Reason for the notification
ACQUISITION OF SHARES
c)
Position/status
OPERATIONS DIRECTOR
d)
Initial notification/Amendment
INITIAL NOTIFICATION
7.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
c)
Name
VERTU MOTORS PLC
d)
LEI
213800GIKJEIUIGMI575
8.
Details of transactions(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (vi) each place where transactions have been conducted
m)
Description of the financial instrument, type of instrument identification code
Identification code
ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
GB00B1GK4645
n)
Nature of the transaction
PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC,PURSUANT TO THE COMPANY'S SHARE INCENTIVE PLAN
o)
Price(s) and volume(s)
Price
Volume(s)
£0.65
2,769
p)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
q)
Date of the transaction
09JUNE 2025
r)
Place of transaction
LONDON STOCK EXCHANGE, AIM

 

9.
Details of the person discharging managerial responsibilities/person closely associated
c)
Name
ANTHONY MASTERSON
10.
Reason for the notification
ACQUISITION OF SHARES
e)
Position/status
OPERATIONS DIRECTOR
f)
Initial notification/Amendment
INITIAL NOTIFICATION
11.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
e)
Name
VERTU MOTORS PLC
f)
LEI
213800GIKJEIUIGMI575
12.
Details of transactions(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (vi) each place where transactions have been conducted
s)
Description of the financial instrument, type of instrument identification code
Identification code
ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
GB00B1GK4645
t)
Nature of the transaction
PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC,PURSUANT TO THE COMPANY'S SHARE INCENTIVE PLAN
u)
Price(s) and volume(s)
Price
Volume(s)
£0.65
2,769
v)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
w)
Date of the transaction
09JUNE 2025
x)
Place of transaction
LONDON STOCK EXCHANGE, AIM

 

 

- ENDS -

 

Vertu Motors plc
Tel: +44 (0) 191 491 2121
Robert Forrester, CEO
Karen Anderson, CFO
Phil Clark, Investor Relations
Stifel (Nominated Adviser and Joint Broker)
Tel: +44 (0) 207 710 7688
Matthew Blawat
Nick Harland
Shore Capital (Joint Broker)
Tel: +44 (0) 207408 4090
Mark Percy / Sophie Collins (Corporate Advisory)
Isobel Jones (Corporate Broking)
Camarco
Tel: +44 (0) 203 757 4980
Billy Clegg
Tom Huddart
Notes to Editors
Vertu Motors is the fourth largest automotive retailer in the UK with a network of 198 sales outlets across the UK.
Vertu Motors was established in November 2006 with the strategy to consolidate the UK motor retail sector. It is intended that the Group will continue to acquire motor retail operations to grow a scaled dealership group. The Group's acquisition strategy is supplemented by a focused organic growth strategy to drive operational efficiencies through its national dealership network. The Group currently operates 195 franchised sales outlets and 3 non-franchised sales operations from 154 locations across the UK.
Vertu's Mission Statement is to "deliver an outstanding customer motoring experience through honesty and trust".
Vertu Motors Group websites -https://investors.vertumotors.com/www.vertucareers.com
 Vertu brand websites -www.vertumotors.com/www.vertuhonda.com/www.vertutoyota.com/www.vertumotorcycles.com


 

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