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

Vertu MotorsAnnouncement

Thu 07:00

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RNS Number : 2414E  Vertu Motors PLC  14 May 2026

14 May 2026

 

Vertu Motors plc

 

(the "Company")

 

Notification of Director's interests

 

The Company announces that it was notified on 13 May 2026 that David Crane, a
director of the Company, had exercised options over 1,041,147 ordinary shares
of 10p each in the Company ("Ordinary Shares") on 13 May 2026, that were
issued under either the Vertu Company Share Option Plan or the Vertu Long Term
Incentive Plan. The option exercise was satisfied via a transfer of Ordinary
Shares from the Company's Employee Benefit Trust.

 

The Company was also notified on 13 May 2026 that David Crane sold all of the
1,041,147 Ordinary Shares acquired.  The sale took place on 13 May 2026 at a
price of 64.95 pence per Ordinary Share.

 

              Beneficial holding of Ordinary Shares prior to the dealings above*  % of issued share capital prior to the dealings above*  Ordinary Shares acquired by Director  Resultant Beneficial holding of Ordinary Shares after the dealings above*  Resultant % of issued share capital after the dealings above*

 Director
 David Crane  289,717                                                             0.09%                                                   0                                     289,717                                                                    0.09%

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

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.

 

 1.          Details of the person discharging managerial responsibilities/person closely
             associated
 a)          Name                                                                        DAVID CRANE
 2.          Reason for the notification                                                 ACQUISITION 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                                                   EXERCISE OF OPTION OVER ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC,
                                                                                         PURSUANT TO THE COMPANY'S LONG TERM INCENTIVE PLAN AND COMPANY SHARE OPTION
                                                                                         PLAN, RESULTING IN THE TRANSFER OF SHARES FROM THE COMPANY'S EBT
 h)          Price(s) and volume(s)

Price   Volume(s)
             NIL     541,147
             0.496   300,000
             0.3825  200,000
 i)          Aggregated information                                                      NOT APPLICABLE - SINGLE TRANSACTIONS

             -Aggregated volume

             - Price
 j)          Date of the transaction                                                     13 MAY 2026
 k)          Place of transaction                                                        OFF MARKET

i)

Aggregated information

 

-Aggregated volume

 

- Price

NOT APPLICABLE - SINGLE TRANSACTIONS

j)

Date of the transaction

13 MAY 2026

k)

Place of transaction

OFF MARKET

 

 

 1.          Details of the person discharging managerial responsibilities/person closely
             associated
 a)          Name                                                                        DAVID CRANE
 2.          Reason for the notification                                                 SALE 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                                                   SALE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC, RECEIVED PURSUANT TO
                                                                                         THE COMPANY'S LONG TERM INCENTIVE PLAN AND COMPANY SHARE OPTION PLAN
 h)          Price(s) and volume(s)

Price   Volume(s)
             0.6495  1,041,147
 i)          Aggregated information                                                      NOT APPLICABLE - SINGLE TRANSACTION

             -Aggregated volume

             - Price
 j)          Date of the transaction                                                       13 MAY 2026
 k)          Place of transaction                                                        LONDON STOCK EXCHANGE, AIM

i)

Aggregated information

 

-Aggregated volume

 

- Price

NOT APPLICABLE - SINGLE TRANSACTION

j)

Date of the transaction

  13 MAY 2026

k)

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
 (https://url.avanan.click/v2/r02/___https:/investors.vertumotors.com___.YXAxZTpzaG9yZWNhcDphOm86ZjAwZmFkNTk1YTI5NTNjNDhjNTQ4ZTgyMTYyZGQ3YTU6NzphZTExOmYyYWVkNDFmYTRiOTg4NGVhYmNlN2ExNTQ4ZGFmMzY4ZDY1NGRmYjM0N2MwZjlmZTgxYTRmOTZmYWQ2ZDYxYTM6cDpGOk4)
 / www.vertucareers.com
 (https://url.avanan.click/v2/r02/___http:/www.vertucareers.com___.YXAxZTpzaG9yZWNhcDphOm86ZjAwZmFkNTk1YTI5NTNjNDhjNTQ4ZTgyMTYyZGQ3YTU6NzpmM2FlOmM3Y2FlM2U4ZTVkNDc5MzJlMmM5ZDdmNTE2NzFmN2U4Mjc3Y2I3NzQ4MjE2MDYzYzBjNDQ1MGYzOGI3MTk2YzA6cDpGOk4)

 Vertu brand websites - www.vertumotors.com
 (https://url.avanan.click/v2/r02/___http:/www.vertumotors.com___.YXAxZTpzaG9yZWNhcDphOm86ZjAwZmFkNTk1YTI5NTNjNDhjNTQ4ZTgyMTYyZGQ3YTU6Nzo5NmE0Ojg3NjQyZWNmNzNlOWY0NThlMzAwOTE2MjMzYzczZTVhMTI2MTQ4YWZmOGQ4MWM3ZjE1YzhlODVjOTBhMjQ4Zjk6cDpGOk4)

 

 

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