TIDMVTU

RNS Number : 2343W

Vertu Motors PLC

08 December 2023

8 December 2023

Vertu Motors plc

(the "Company")

Notification of Director's interests

The Company announces that Stephen Gould, 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 8 December 2023 at a price of 65.12 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* 
 Stephen Gould                  22,824            0.01%              7,669           30,493            0.01% 
                 ---------------------  ---------------  -----------------  ---------------  --------------- 
 

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

The Company's issued share capital consists of 340,003,660 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                               STEPHEN GOULD 
          ---------------------------------  ------------------------------------ 
    2.     Reason for the notification        PURCHASE OF SHARES 
          ---------------------------------  ------------------------------------ 
      b)   Position/status                    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       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) 
             0.6512   7,669 
                     ---------- 
          ----------------------------------------------------------------------- 
    i)     Aggregated information             NOT APPLICABLE - SINGLE TRANSACTION 
 
            -Aggregated volume 
 
            - Price 
          ---------------------------------  ------------------------------------ 
    j)     Date of the transaction            08 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 
 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHNKFBBABDDOBK

(END) Dow Jones Newswires

December 08, 2023 11:30 ET (16:30 GMT)

Vertu Motors (LSE:VTU)
Historical Stock Chart
From Jan 2024 to Feb 2024 Click Here for more Vertu Motors Charts.
Vertu Motors (LSE:VTU)
Historical Stock Chart
From Feb 2023 to Feb 2024 Click Here for more Vertu Motors Charts.