REG - Vertu Motors PLC - Notification of Director's interests

Vertu MotorsAnnouncement

11/12/2023 14:45

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RNS Number : 3780W  Vertu Motors PLC  11 December 2023

11 December 2023

Vertu Motors plc

(the "Company")

Notification of Director's interests

 

The Company announces that David Crane, a director and 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 11 December 2023 at a price of 68.17 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
 David Crane  468,422                                                       0.14%                                             13,040                            481,462                                                              0.14%

* includes shares held by persons closely associated with the PDMR.

The Company's issued share capital consists of 339,633,257 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                                                                        DAVID CRANE
 2.              Reason for the notification                                                 PURCHASE OF SHARES
 b)              Position/status                                                             COO
 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)
                 0.6817  13,040
 i)              Aggregated information                                                      NOT APPLICABLE - SINGLE TRANSACTION

                 -Aggregated volume

                 - Price
 j)              Date of the transaction                                                     11 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

11 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)

 

 

 

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