REG - Vertu Motors PLC - Directorate Change

Vertu MotorsAnnouncement

02/01/2024 07:00

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RNS Number : 2739Y  Vertu Motors PLC  02 January 2024

2 January 2024

Vertu Motors plc ("Vertu" or the "Group")

 

Directorate Change

 

Appointment of David Gillard as independent Non-Executive Director

 

Vertu Motors plc, the automotive retailer with a network of 192 sales outlets
across the UK, is pleased to announce that, with effect from 2 January 2024,
David James Gillard has joined the Board as an independent non-executive
director.

 

David is currently a Non-Executive Director and the Chair of Audit Committee
at Bradford and Sons Limited, a builders' merchant, and was previously the
Group Finance Director and Deputy to the Managing Partner at DAC Beachcroft
LLP, the international law firm.  Earlier, David held a variety of senior
finance positions in a number of organisations, operating across several
sectors, in the U.K. and overseas.

David will sit as a member of the audit committee, nominations committee and
remuneration committee.

Andy Goss, Chairman of Vertu, said:

"We are extremely pleased to welcome David to the Vertu Board.  He will
further add to the Group's significant financial expertise as his experience
across a number of sectors and functions have given him a strong grounding
across various aspects of financial governance.  I very much look forward to
working with him."

 

David Gillard, incoming independent Non-executive Director, said:

"I am delighted to be joining the Board at Vertu, with its impressive range
and depth of experience, at this exciting time for the Group and the sector in
which it operates."

 

The following Information on David James Gillard (aged 61) is provided in
accordance with AIM Rule 17 and Schedule Two (g) of the AIM Rules for
Companies.

 

Current Directorships/Partnerships

 

Bradford and Sons Limited

 

Past Directorships/Partnerships in the last 5 years

 

DAC Beachcroft Services Limited - resigned 31 October 2021

DAC Beachcroft LLC (United States) - resigned 10 January 2021

DAC Beachcroft SLPU (Spain) - resigned 31 October 2019

 

David holds no shares in Vertu.

 

Save for the information above, there are no further disclosures to be made
pursuant to Schedule Two (g) of the AIM Rules for Companies in respect of the
appointment of David Gillard.

 

- Ends -

 

 Vertu Motors plc                        Tel: +44 (0) 191 491 2121
 Robert Forrester, CEO
 Karen Anderson, CFO                                    P.Clark@vertumotors.com

 Phil Clark, Investor Relations

 Zeus (Nominated Adviser and Broker)     Tel: +44 (0) 203 829 5000
 Jamie Peel
 Andrew Jones
 Dominic King

 Camarco                                 Tel: +44 (0) 203 757 4983
 Billy Clegg
 Tom Huddart

 Notes to Editors
 Vertu Motors is the fourth largest automotive retailer in the UK with a
 network of 192 sales outlets across the UK. Its dealerships operate
 predominantly under the Bristol Street Motors, Vertu and Macklin Motors brand
 names.
 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 188 franchised sales outlets and 4
 non-franchised sales operations from 145 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
 (https://investors.vertumotors.com) / www.vertucareers.com
 (http://www.vertucareers.com)

Vertu brand websites - www.vertumotors.com (http://www.vertumotors.com) /
 www.bristolstreet.co.uk (http://www.bristolstreet.co.uk) / www.vertuhonda.com
 (http://www.vertuhonda.com) / www.vertutoyota.com (http://www.vertutoyota.com)
 / www.macklinmotors.co.uk (http://www.macklinmotors.co.uk) /
 www.vertumotorcyles.com (http://www.vertumotorcyles.com)

 

 

 

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