REG - Vertu Motors PLC - Directorate Change

Vertu MotorsAnnouncement

02/01/2025 07:00

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RNS Number : 8867R  Vertu Motors PLC  02 January 2025

2 January 2025

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

 

Directorate Change

 

Appointment of Amanda Cox as independent Non-Executive Director

 

Vertu Motors plc, the automotive retailer with a network of 198 sales outlets
across the UK, is pleased to announce that, with effect from 2 January 2025,
Amanda Jane Cox has joined the Board as an independent Non-Executive Director.
 

 

Amanda is the current Chief People Officer and Stores Director at Dunelm Group
plc, the UK's leading homewares retailer.  Amanda has previously worked at
Marks and Spencer and spent 15 years at Asda in various human resource roles,
latterly as Vice President - People.

Amanda will sit as a member of the audit, nomination and remuneration
committees.

Andy Goss, Chairman of Vertu, said:

"We are delighted that Amanda will be joining the Vertu Board. She has
extensive experience of UK Retail which will be an important input as we
navigate the various challenges and opportunities in the retail sector moving
forward. Her considerable experience in managing a substantial number of
colleagues in her current executive role will provide important guidance to
the team at Vertu."

 

Amanda Cox, incoming independent Non-Executive Director, said:

"I am delighted to be joining the Board of Vertu Motors. I am so impressed by
the quality of the Board and management team and look forward to working with
them as Vertu continues to develop and grow. I look forward to contributing to
support them in the months and years ahead."

 

The following Information on Amanda Jane Cox (aged 55) is provided in
accordance with AIM Rule 17 and Schedule Two (g) of the AIM Rules for
Companies.

 

Current Directorships/Partnerships

 

N/A

 

Past Directorships/Partnerships in the last 5 years

 

RT Wellbeing Services Ltd (resigned 22 June 2022)

Retail Trust (resigned 22 June 2022)

 

Amanda 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 Amanda Cox.

 

- Ends -

 Vertu Motors plc                          Tel: +44 (0) 191 491 2121
 Robert Forrester, CEO
 Karen Anderson, CFO

 Phil Clark, Investor Relations

 Stifel (Nominated Adviser and Broker)     Tel: +44 (0) 207 710 7688
 Matthew Blawat
 Nick Harland

 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. 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 195 franchised sales outlets and 3
 non-franchised sales operations from 153 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.vertumotorcycles.com (http://www.vertumotorcycles.com)

 

 

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