For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231208:nRSH2343Wa&default-theme=true
RNS Number : 2343W Vertu Motors PLC 08 December 2023
8 December 2023
Vertu Motors plc
(the "Company")
Notification of Director's interests
The Company announces that Stephen Gould, a person discharging managerial
responsibility in the Company, has purchased ordinary shares of 10p each in
the capital of the Company ("Ordinary Shares").
The purchase took place on 8 December 2023 at a price of 65.12 pence per
Ordinary Share.
Beneficial holding of Ordinary Shares prior to the Dealings* % of issued share capital prior to the Dealings* Ordinary Shares acquired by PDMR Resultant Beneficial holding of Ordinary Shares after the Dealings* Resultant % of issued share capital after the Dealings*
PDMR
Stephen Gould 22,824 0.01% 7,669 30,493 0.01%
* includes shares held by persons closely associated with the PDMR.
The Company's issued share capital consists of 340,003,660 Ordinary Shares
with voting rights. The Company does not hold any Ordinary Shares in
treasury.
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name STEPHEN GOULD
2. Reason for the notification PURCHASE OF SHARES
b) Position/status OPERATIONS DIRECTOR
c) Initial notification/Amendment INITIAL NOTIFICATION
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
d) Name VERTU MOTORS PLC
e) 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
f) Description of the financial instrument, type of instrument identification ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
code
Identification code
GB00B1GK4645
g) Nature of the transaction PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC.
h) Price(s) and volume(s)
Price Volume(s)
0.6512 7,669
i) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
j) Date of the transaction 08 DECEMBER 2023
k) Place of transaction LONDON STOCK EXCHANGE, AIM
i)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
j)
Date of the transaction
08 DECEMBER 2023
k)
Place of transaction
LONDON STOCK EXCHANGE, AIM
- Ends -
Tel: +44 (0) 191 491 2121
Vertu Motors plc
Robert Forrester, CEO
Karen Anderson, CFO
Phil Clark, Investor Relations P.Clark@vertumotors.com
Tel: +44 (0) 203 829 5000
Zeus (Nominated Adviser and Broker)
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 195 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 191 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)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHNKFBBABDDOBK