Vertu Motors PLC Notification of Director's interests (3780W)
December 11 2023 - 8:43AM
UK Regulatory
TIDMVTU
RNS Number : 3780W
Vertu Motors PLC
11 December 2023
11 December 2023
Vertu Motors plc
(the "Company")
Notification of Director's interests
The Company announces that David Crane, a director and a person
discharging managerial responsibility in the Company , has
purchased ordinary shares of 10p each in the capital of the Company
("Ordinary Shares").
The purchase took place on 11 December 2023 at a price of 68.17
pence per Ordinary Share.
Resultant
Beneficial Resultant
Beneficial % of issued holding of % of issued
PDMR holding of Ordinary share capital Ordinary Ordinary share capital
Shares prior prior to Shares acquired Shares after after the
to the Dealings* the Dealings* by PDMR the Dealings* Dealings*
David Crane 468,422 0.14% 13,040 481,462 0.14%
--------------------- --------------- ----------------- --------------- ---------------
* includes shares held by persons closely associated with the
PDMR.
The Company's issued share capital consists of 339,633,257
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 PURCHASE 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 ORDINARY SHARES OF 10p EACH
instrument, type of instrument IN VERTU MOTORS PLC
identification 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)
0.6817 13,040
----------
-----------------------------------------------------------------------
i) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
--------------------------------- ------------------------------------
j) Date of the transaction 11 DECEMBER 2023
--------------------------------- ------------------------------------
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 P.Clark@vertumotors.com
Zeus (Nominated Adviser and Broker) Tel: +44 (0) 203 829 5000
Jamie Peel
Andrew Jones
Dominic King
Camarco Tel: +44 (0) 203 757 4983
Billy Clegg
Tom Huddart
Notes to Editors
Vertu Motors is the fourth largest automotive retailer in the
UK with a network of 195 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 191 franchised sales outlets and
4 non-franchised sales operations from 145 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
/ www.vertucareers.com
Vertu brand websites - www.vertumotors.com / www.bristolstreet.co.uk
/ www.vertuhonda.com / www.vertutoyota.com / www.macklinmotors.co.uk
/ www.vertumotorcyles.com
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END
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