REG - Vertu Motors PLC - PDMR Shareholding
RNS Number : 1698AVertu Motors PLC24 May 201924 May 2019
Vertu Motors plc ("Vertu Motors" or "Company")
PDMR Share Purchase
Vertu Motors announces that it was notified on 24 May 2019, of the following dealing ("Dealing") in ordinary shares of 10p each in the capital of the Company ("Ordinary Shares") by Barbara Goss, a person closely associated ("PCA") of Andrew Goss a director of the Company. The Dealing took place on 23 May 2019 at a price of 40.20p per Ordinary Share.
PDMR
Beneficial interest in Ordinary Shares prior to the Dealing*
Beneficial interest as % of issued share capital prior to the Dealing*
Ordinary Shares acquired by PDMR
Resultant beneficial interest in Ordinary Shares after the Dealing*
Resultant beneficial interest as % of issued share capital after the Dealing*
Andrew Goss
0
0
62,083
62,083
0.02
*includes shares held by the PDMR's PCAs.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
BARBARA GOSS
2.
Reason for the notification
ACQUISITION OF SHARES
a)
Position/status
BARBARA GOSS, A PCA OF ANDREW GOSS, NON-EXECUTIVE DIRECTOR
b)
Initial notification/Amendment
INITIAL NOTIFICATION
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
VERTU MOTORS PLC
b)
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
a)
Description of the financial instrument, type of instrument identification code
Identification code
ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
GB00B1GK4645
b)
Nature of the transaction
PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
c)
Price(s) and volume(s)
Price
Volume(s)
£0.402
62,083
d)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
e)
Date of the transaction
23 MAY 2018
f)
Place of transaction
LONDON STOCK EXCHANGE, AIM
- Ends -
For further information please contact:
Vertu Motors plc
Robert Forrester, CEO
Karen Anderson, CFOTel: 0191 491 2111
Tel: 0191 491 2112Zeus Capital Limited
Jamie PeelAndrew Jones
Dominic King
Tel: 020 3829 5000
Camarco
Billy Clegg
Tom Huddart
Tel: 020 3757 4983
Notes to Editors
Vertu Motors is the sixth largest automotive retailer in the UK with a network of 123 sales outlets across the UK. Its dealerships operate predominantly under the Bristol Street Motors, Vertu, Farnell 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 120 franchised sales outlets and 3 non-franchised sales operations from 104 locations across the UK.
Vertu's Mission Statement is to "deliver an outstanding customer motoring experience through honesty and trust".
Vertu Motors Group websites - www.vertumotors.com / www.vertucareers.com
Vertu brand websites - www.bristolstreet.co.uk / www.vertuhonda.com / www.vertutoyota.com / www.macklinmotors.co.uk / www.farnelllandrover.com / www.farnelljaguar.com / www.vertuvolkswagen.com / www.vertumercedes-benz.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHSEFFFLFUSEII
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