EBT Share Purchase

Vertu Motors

18/05/2026 12:15

RNS Number : 7593E

Vertu Motors PLC

18 May 2026

 

18 May 2026

 

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

EBT Share Purchase

Vertu Motors announces that it was notified on 18 May 2026 of the following acquisition ("Dealing") of the Company's ordinary shares of 10p each ("Ordinary Shares") by Ocorian Limited ("Trustee"), the trustee of the Company's employee benefit trust.  The Dealing took place on 15 May 2026 at a price of 64.64 pence per Ordinary Share.

The acquired shares were purchased by the Trustee to be held for the purposes of the employee benefit trust and may be used to transfer shares to individuals when options are exercised.  This will include the Company's Long Term Incentive Plan, under which each of the executive directors of the Company and other PDMRs are potential participants.  They are therefore regarded as having a notional interest in the acquired shares.

Beneficial holding of Ordinary Shares prior to the Dealing
% of issued share capital prior to the Dealing
Ordinary Shares acquired
Resultant Beneficial holding of Ordinary Shares after the Dealing
Resultant % of issued share capital after the Dealing
Trustee
5,231,634
1.68%
75,776
5,307,410
1.70%

The Company's issued share capital consists of 312,310,046 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
OCORIAN LIMITED
2.
Reason for the notification
ACQUISITION OF SHARES
a)
Position/status
EBT TRUSTEE
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
c)
Price(s) and volume(s)
Price
Volume(s)
0.6464
75,776
d)
Aggregated information
-Aggregated volume
- Price
n/a
n/a
e)
Date of the transaction
15 MAY 2026
f)
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
Callum Stewart
Shore Capital (Joint Broker)
Tel: +44 (0) 20 7408 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 191 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.
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


 

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