REG - Vertu Motors PLC - Notification of PDMR interests

Vertu MotorsAnnouncement

01/04/2025 07:15

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RNS Number : 0279D  Vertu Motors PLC  01 April 2025

1 April 2025

 

Vertu Motors plc

 

(the "Company")

 

Notification of PDMR interests

 

The Company announces that it was notified on 31 March 2025 that Michelle
O'Brien, the wife of Anthony Masterson, a person discharging managerial
responsibility in the Company, has purchased 19,003 ordinary shares of 10p
each in the Company ("Ordinary Shares").  The purchase took place on 31 March
2025 at a price of 49.9285 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 PDMR*  Resultant Beneficial holding of Ordinary Shares after the dealings above*  Resultant % of issued share capital after the dealings above*

 PDMR
 Anthony Masterson  72,547                                                              0.02%                                                   19,003                             91,550                                                                     0.03%

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

The Company's issued share capital consists of 328,405,056 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                                                                        MICHELLE O'BRIEN
 2.          Reason for the notification                                                 PURCHASE OF SHARES
 b)          Position/status                                                             SPOUSE of ANTHONY MASTERSON, GROUP 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)
             0.499285  19,003
 i)          Aggregated information                                                      NOT APPLICABLE - SINGLE TRANSACTION

             -Aggregated volume

             - Price
 j)          Date of the transaction                                                      31 MARCH 2025
 k)          Place of transaction                                                         LONDON STOCK EXCHANGE, AIM

i)

Aggregated information

 

-Aggregated volume

 

- Price

NOT APPLICABLE - SINGLE TRANSACTION

 

 

 

j)

Date of the transaction

 31 MARCH 2025

k)

Place of transaction

 LONDON STOCK EXCHANGE, AIM

 

- ENDS -

 

For further information please contact:

 

 Vertu Motors plc
 Robert Forrester, CEO            Tel: 0191 491 2121
 Karen Anderson, CFO              Tel: 0191 491 2121

 Phil Clark, Investor relations   PClark@vertumotors.com
 Stifel
 Matthew Blawat                   Tel: 0207 710 7688

 Nick Harland
 Camarco
 Billy Clegg                      Tel: 020 3757 4980

 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 and Vertu 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 154 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.vertumotorcycles.com (http://www.vertumotorcycles.com)

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