TIDMVTU

RNS Number : 2739Y

Vertu Motors PLC

02 January 2024

2 January 2024

Vertu Motors plc ("Vertu" or the "Group")

Directorate Change

Appointment of David Gillard as independent Non-Executive Director

Vertu Motors plc, the automotive retailer with a network of 192 sales outlets across the UK, is pleased to announce that, with effect from 2 January 2024, David James Gillard has joined the Board as an independent non-executive director.

David is currently a Non-Executive Director and the Chair of Audit Committee at Bradford and Sons Limited, a builders' merchant, and was previously the Group Finance Director and Deputy to the Managing Partner at DAC Beachcroft LLP, the international law firm. Earlier, David held a variety of senior finance positions in a number of organisations, operating across several sectors, in the U.K. and overseas.

David will sit as a member of the audit committee, nominations committee and remuneration committee.

Andy Goss, Chairman of Vertu , said:

" We are extremely pleased to welcome David to the Vertu Board. He will further add to the Group's significant financial expertise as his experience across a number of sectors and functions have given him a strong grounding across various aspects of financial governance. I very much look forward to working with him. "

David Gillard, incoming independent Non-executive Director, said:

" I am delighted to be joining the Board at Vertu, with its impressive range and depth of experience, at this exciting time for the Group and the sector in which it operates . "

The following Information on David James Gillard (aged 61) is provided in accordance with AIM Rule 17 and Schedule Two (g) of the AIM Rules for Companies .

Current Directorships/Partnerships

Bradford and Sons Limited

Past Directorships/Partnerships in the last 5 years

DAC Beachcroft Services Limited - resigned 31 October 2021

DAC Beachcroft LLC (United States) - resigned 10 January 2021

DAC Beachcroft SLPU (Spain) - resigned 31 October 2019

David holds no shares in Vertu.

Save for the information above, there are no further disclosures to be made pursuant to Schedule Two (g) of the AIM Rules for Companies in respect of the appointment of David Gillard .

- 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 192 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 188 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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