Vertu Motors PLC Notification of Director’s interests
29 Octubre 2024 - 8:20AM
RNS Regulatory News
RNS Number : 0965K
Vertu Motors PLC
29 October 2024
29 October
2024
Vertu Motors plc
(the "Company")
Notification of Director's
interests
The Company announces
that it was notified on 29 October 2024 that David Crane, a
director of the Company, had
sold 196,736 ordinary shares of 10p each in
the Company ("Ordinary
Shares"). The sale took place
on 29 October 2024 at a price of 66.2034 pence per Ordinary Share.
|
Director
|
Beneficial holding of
Ordinary Shares prior to the dealings above*
|
% of issued share capital
prior to the dealings above*
|
Ordinary Shares disposed of
by Director
|
Resultant Beneficial holding
of Ordinary Shares after the dealings above*
|
Resultant % of issued share
capital after the dealings above*
|
|
David Crane
|
483,684
|
0.14%
|
196,736
|
286,948
|
0.09%
|
* includes shares held by persons
closely associated with the director.
The Company's issued share capital consists of
333,872,346 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
|
SALE OF
SHARES
|
|
a)
|
Position/status
|
COO
|
|
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
|
SALE OF
ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
|
|
c)
|
Price(s) and volume(s)
|
Price
|
Volume(s)
|
|
0.662034
|
196,736
|
|
|
d)
|
Aggregated information
-Aggregated volume
- Price
|
NOT APPLICABLE
- SINGLE TRANSACTION
|
|
e)
|
Date of the transaction
|
29 October 2024
|
|
f)
|
Place of transaction
|
LONDON STOCK
EXCHANGE, AIM
|
- ENDS -
For further
information please contact:
|
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 4980
|
Notes to
Editors
Vertu Motors is the fourth largest automotive
retailer in the UK with a network of 202 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 198 franchised
sales outlets and 4 non-franchised sales operations from 154
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.vertumotorcycles.com
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END
DSHFEAFLUELSEFS
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