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

Vertu MotorsAnnouncement

Thu 07:00

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RNS Number : 2415E  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 Robert
Forrester, a director of the Company, had exercised nil-cost options over
ordinary shares of 10p each in the Company ("Ordinary Shares") on 13 May 2026,
that were issued under the Vertu Long Term Incentive Plan. The option exercise
was satisfied via a transfer of Ordinary Shares from the Company's Employee
Benefit Trust.

 

                   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
 Robert Forrester  5,937,960                                                           1.90%                                                   518,438                               6,456,398                                                                  2.07%

* 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                                                                        ROBERT FORRESTER
 2.          Reason for the notification                                                 ACQUISITION OF SHARES
 b)          Position/status                                                             CEO
 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, RESULTING IN THE TRANSFER
                                                                                         OF SHARES FROM THE COMPANY'S EBT
 h)          Price(s) and volume(s)

Price  Volume(s)
             NIL    518,438
 i)          Aggregated information                                                      NOT APPLICABLE - SINGLE TRANSACTION

             -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 TRANSACTION

j)

Date of the transaction

13 MAY 2026

k)

Place of transaction

OFF MARKET

 

- 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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