REG - Vertu Motors PLC - Transaction in Own Shares

Vertu MotorsAnnouncement

01/11/2021 07:05

RNS Number : 8046Q
  
Vertu Motors PLC
  
01 November 2021
  
 

01 November 2021
Vertu Motors plc
 
("Vertu Motors" or the "Company")
 
Transaction in Own Shares
 
 
Vertu Motors plc (AIM: VTU) announces that on 29 October 2021, it purchased 429,255 ordinary shares of 10p each in the Company on the London Stock Exchange (the "Repurchased Shares"), pursuant to the share buyback programme (the "Buyback Programme") that was announced on 20 August 2021 as follows:
 






Date of purchase


29 October 2021




Number of ordinary shares purchased


429,255




Highest price paid per ordinary share


61.00 pence




Lowest price paid per ordinary share


60.00 pence




Volume weighted average price paid per ordinary share


60.4058 pence 





















 
Application will be made for the Repurchased Shares to be cancelled. Following the cancellation of the Repurchased Shares, the total number of ordinary shares with voting rights will be 364,965,685 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Vertu Motors under the FCA's Disclosure Guidance and Transparency Rules. The Company holds no shares in treasury. 
 
The Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme. 
 
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own ordinary shares by Vertu Motors, which were all executed through the Company's broker, Zeus Capital Limited, are set out below:
 
Schedule of Purchases: 



Shares purchased:        


Vertu Motors plc (ISIN: GB00B1GK4645)




Date of purchases:        


29 October 2021













 
Aggregate information:
 

















Aggregated Volume


Volume-weighted average price (pence)


Venue




429,255


60.4058


London Stock Exchange








 
 






Individual Transactions:












 80,371 


60.20 pence


 08:00 UK 




 6,322 


60.00 pence


 08:00 UK 




 3,678 


60.00 pence


 08:00 UK 




 3,330 


60.00 pence


 08:00 UK 




 6,670 


60.00 pence


 08:01 UK 




 33 


60.00 pence


 08:29 UK 




 62 


60.00 pence


 08:29 UK 




 52 


60.00 pence


 08:29 UK 




 91 


60.00 pence


 08:29 UK 




 9,762 


60.00 pence


 09:37 UK 




 1,634 


60.60 pence


 11:25 UK 




 366 


60.60 pence


 11:25 UK 




 3,089 


60.60 pence


 11:26 UK 




 1,911 


60.60 pence


 11:26 UK 




 2,649 


60.60 pence


 11:26 UK 




 2,217 


60.40 pence


 11:35 UK 




 58 


60.40 pence


 11:35 UK 




 2,725 


60.40 pence


 11:35 UK 




 1,588 


60.40 pence


 11:35 UK 




 30 


60.40 pence


 11:35 UK 




 2,617 


60.40 pence


 11:35 UK 




 645 


60.40 pence


 11:45 UK 




 26 


60.40 pence


 11:45 UK 




 2,716 


60.40 pence


 11:48 UK 




 1,613 


60.40 pence


 11:50 UK 




 525 


60.40 pence


 11:51 UK 




 3,411 


60.40 pence


 11:52 UK 




 1,064 


60.40 pence


 11:52 UK 




 4,085 


60.40 pence


 11:56 UK 




 3,465 


60.40 pence


 11:59 UK 




 2,450 


60.40 pence


 12:02 UK 




 3,747 


60.40 pence


 12:06 UK 




 1,253 


60.40 pence


 12:06 UK 




 2,549 


60.40 pence


 12:10 UK 




 55 


60.40 pence


 12:10 UK 




 2,396 


60.40 pence


 12:10 UK 




 2,092 


60.40 pence


 12:11 UK 




 3,301 


60.40 pence


 12:14 UK 




 3,756 


60.40 pence


 12:18 UK 




 851 


60.40 pence


 12:18 UK 




 122 


60.40 pence


 12:21 UK 




 2,461 


60.40 pence


 12:24 UK 




 2,417 


60.40 pence


 12:25 UK 




 190 


60.40 pence


 13:34 UK 




 3,838 


60.40 pence


 13:37 UK 




 2,337 


60.40 pence


 13:38 UK 




 3,695 


60.40 pence


 13:41 UK 




 4,940 


60.40 pence


 13:41 UK 




 630 


60.40 pence


 13:42 UK 




 2,483 


60.40 pence


 13:44 UK 




 3,837 


60.40 pence


 13:47 UK 




 3,595 


60.40 pence


 13:49 UK 




 4,456 


60.40 pence


 13:53 UK 




 2,870 


60.40 pence


 13:55 UK 




 2,129 


60.40 pence


 13:55 UK 




 3,541 


60.40 pence


 14:31 UK 




 3,786 


60.40 pence


 14:33 UK 




 2,673 


60.40 pence


 14:33 UK 




 2,371 


60.40 pence


 14:56 UK 




 3,327 


60.40 pence


 14:57 UK 




 552 


60.40 pence


 14:57 UK 




 2,133 


60.40 pence


 14:57 UK 




 11,748 


60.40 pence


 14:58 UK 




 5,460 


60.40 pence


 14:58 UK 




 2,598 


60.40 pence


 14:58 UK 




 1,570 


60.40 pence


 14:58 UK 




 2,862 


60.40 pence


 14:58 UK 




 5,460 


60.40 pence


 14:58 UK 




 633 


60.40 pence


 14:59 UK 




 2,484 


60.40 pence


 14:59 UK 




 830 


60.40 pence


 14:59 UK 




 2,343 


60.40 pence


 14:59 UK 




 2,583 


60.40 pence


 15:01 UK 




 105 


60.40 pence


 15:01 UK 




 2,877 


60.40 pence


 15:01 UK 




 64 


60.40 pence


 15:01 UK 




 5,565 


60.20 pence


 15:25 UK 




 5,565 


60.20 pence


 15:25 UK 




 1,975 


60.20 pence


 15:25 UK 




 2,180 


60.20 pence


 15:29 UK 




 1,410 


60.20 pence


 15:30 UK 




 818 


60.40 pence


 15:39 UK 




 2,796 


60.40 pence


 15:40 UK 




 3,604 


60.40 pence


 15:42 UK 




 935 


60.40 pence


 15:43 UK 




 2,008 


60.40 pence


 15:43 UK 




 396 


60.40 pence


 15:43 UK 




 3,457 


60.40 pence


 15:43 UK 




 1,947 


60.40 pence


 15:43 UK 




 2,928 


60.40 pence


 15:45 UK 




 1,525 


60.40 pence


 15:45 UK 




 3,250 


60.40 pence


 15:46 UK 




 2,422 


60.40 pence


 15:47 UK 




 2,291 


60.40 pence


 15:47 UK 




 728 


60.40 pence


 15:47 UK 




 2,661 


60.40 pence


 15:48 UK 




 3,377 


60.40 pence


 15:48 UK 




 3,909 


60.40 pence


 15:48 UK 




 362 


60.40 pence


 15:48 UK 




 586 


60.40 pence


 15:48 UK 




 1,770 


60.20 pence


 15:48 UK 




 4,496 


60.60 pence


 16:09 UK 




 637 


60.60 pence


 16:09 UK 




 1,947 


60.60 pence


 16:09 UK 




 857 


60.60 pence


 16:09 UK 




 1,598 


60.60 pence


 16:09 UK 




 2,455 


60.60 pence


 16:09 UK 




 1,163 


60.60 pence


 16:09 UK 




 3,877 


60.60 pence


 16:11 UK 




 1,688 


60.60 pence


 16:11 UK 




 4,240 


60.60 pence


 16:11 UK 




 484 


60.60 pence


 16:11 UK 




 1,325 


60.60 pence


 16:11 UK 




 1,771 


60.60 pence


 16:12 UK 




 3,234 


60.60 pence


 16:12 UK 




 1,203 


60.60 pence


 16:12 UK 




 560 


60.60 pence


 16:12 UK 




 703 


60.60 pence


 16:15 UK 




 3,645 


60.60 pence


 16:15 UK 




 145 


60.60 pence


 16:15 UK 




 864 


60.60 pence


 16:15 UK 




 211 


60.60 pence


 16:15 UK 




 3,353 


60.60 pence


 16:16 UK 




 2,504 


60.60 pence


 16:16 UK 




 1,648 


60.60 pence


 16:16 UK 




 2,654 


60.60 pence


 16:17 UK 




 2,558 


60.60 pence


 16:18 UK 




 36 


60.60 pence


 16:19 UK 




 1,947 


60.60 pence


 16:20 UK 




 2,991 


60.60 pence


 16:20 UK 




 3,540 


60.60 pence


 16:20 UK 




 238 


60.60 pence


 16:20 UK 




 79 


60.60 pence


 16:21 UK 




 617 


60.60 pence


 16:22 UK 




 16 


60.80 pence


 16:23 UK 




 4,530 


60.80 pence


 16:23 UK 




 588 


60.80 pence


 16:23 UK 




 2,152 


60.80 pence


 16:24 UK 




 1,901 


60.80 pence


 16:24 UK 




 813 


60.80 pence


 16:25 UK 




 2,267 


60.80 pence


 16:27 UK 




 4,056 


60.80 pence


 16:27 UK 




 1,944 


60.80 pence


 16:27 UK 




 1,023 


60.80 pence


 16:27 UK 




 3,977 


60.80 pence


 16:27 UK 




 1,202 


60.80 pence


 16:28 UK 




 2,618 


61.00 pence


 16:28 UK 




 180 


61.00 pence


 16:28 UK 




 821 


61.00 pence


 16:28 UK 




 2,143 


61.00 pence


 16:28 UK 




 2,036 


61.00 pence


 16:29 UK 




 10,000 


61.00 pence


 16:36 UK 
















For further information please contact:
 



Vertu Motors plc

Robert Forrester, CEO

Karen Anderson, CFO


Tel: 0191 491 2111

Tel: 0191 491 2112




 
Zeus Capital Limited

Jamie Peel
Andrew Jones
Dominic King


Tel: 020 3829 5000




 
Camarco
Billy Clegg 
Tom Huddart


Tel: 020 3757 4983



 
 
Notes to Editors
Vertu Motors is the fifth largest automotive retailer in the UK with a network of 154 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 150 franchised sales outlets and 4 non-franchised sales operations from 118 locations across the UK.
 
Vertu's Mission Statement is to "deliver an outstanding customer motoring experience through honesty and trust".
 
Vertu Motors Group websites - investors.vertumotors.com / www.vertucareers.com
 
Vertu brand websites - www.vertumotors.com / www.bristolstreet.co.uk / www.macklinmotors.co.uk / www.vertumotorcycles.com
 
 
 

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