Vertu Motors PLC Notification of Director’s interests
17 Mayo 2024 - 7:27AM
RNS Regulatory News
RNS Number : 9563O
Vertu Motors PLC
17 May 2024
17 May 2024
Vertu Motors
plc
(the
"Company")
Notification of Director's
interests
The Company announces that Jonathan Mewett, a non-executive director
of the Company, has
purchased ordinary shares of 10p each in the capital of the Company
("Ordinary Shares").
The purchase took place on 17 May
2024 at a price of 79.502 pence per Ordinary Share.
PDMR
|
Beneficial holding of
Ordinary Shares prior to the Dealings*
|
% of issued share capital
prior to the Dealings*
|
Ordinary Shares acquired by
PDMR
|
Resultant Beneficial holding
of Ordinary Shares after the Dealings*
|
Resultant % of issued share
capital after the Dealings*
|
Jonathan Mewett
|
0
|
0.00%
|
50,000
|
50,000
|
0.01%
|
* includes shares held by persons
closely associated with the PDMR.
The Company's issued share capital
consists of 337,602,150 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
|
JONATHAN MEWETT
|
2.
|
Reason for the
notification
|
PURCHASE OF SHARES
|
b)
|
Position/status
|
NON-EXECUTIVE 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
instrument, type of instrument identification code
Identification code
|
ORDINARY SHARES OF 10p EACH IN VERTU MOTORS
PLC
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)
|
0.79502
|
50,000
|
|
i)
|
Aggregated information
-Aggregated volume
- Price
|
NOT
APPLICABLE - SINGLE TRANSACTION
|
j)
|
Date of the transaction
|
17
MAY 2024
|
k)
|
Place of transaction
|
LONDON STOCK EXCHANGE, AIM
|
- ENDS -
Vertu Motors plc
|
|
Robert Forrester, CEO
|
Tel: 0191 491 2121
|
Karen Anderson, CFO
Phil Clark, Investor
relations
|
Tel: 0191 491 2121
PClark@vertumotors.com
|
Stifel
|
|
Matthew Blawat
Nick Harland
|
Tel: 0207 710 7688
|
Camarco
|
|
Billy Clegg
Tom Huddart
|
Tel: 020 3757 4983
|
Notes to Editors
Vertu Motors is the fourth largest
automotive retailer in the UK with a network of 188 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 184 franchised sales outlets and 4 non-franchised sales
operations from 143 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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DSHFLFFFERIDLIS
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