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VTU.GB Vertu Motors

68.50
0.00 (0.00%)
25 Apr 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Vertu Motors AQSE:VTU.GB Aquis Stock Exchange Ordinary Share GB00B1GK4645 Ordinary Shares 10p
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 68.50 66.00 71.00 68.50 68.50 68.50 0.00 06:56:52
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Vertu Motors PLC Notification of Directors' interests (0079J)

06/09/2016 7:01am

UK Regulatory


Vertu Motors (AQSE:VTU.GB)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Vertu Motors Charts.

TIDMVTU

RNS Number : 0079J

Vertu Motors PLC

06 September 2016

6 September 2016

Vertu Motors plc

(the "Company")

Notification of Directors' interests

The Remuneration Committee of the Company approved grants of nil-cost options over ordinary shares of 10p each in the Company ("Ordinary Shares") to persons discharging managerial responsibility in the Company, under the Vertu 2013 Long Term Incentive Plan, amended as approved by the Company's shareholders at its annual general meeting on 20 July 2016 ("LTIP Options"). The LTIP Options were issued as detailed below on 5 September 2016:

 
                                                 Resultant 
                     Number of Ordinary          number of    Beneficial holding 
                         Shares subject    Ordinary Shares           of Ordinary 
              PDMR          to the LTIP         subject to                Shares 
                              Options**            options    excluding options* 
------------------  -------------------  -----------------  -------------------- 
 Robert Forrester         289,854                1,288,661             6,782,719 
------------------  -------------------  -----------------  -------------------- 
 Michael Sherwin          217,391                  966,497               428,298 
------------------  -------------------  -----------------  -------------------- 
 David Crane              108,695                  962,062               154,137 
------------------  -------------------  -----------------  -------------------- 
 Karen Anderson           108,695                  911,468               756,926 
------------------  -------------------  -----------------  -------------------- 
 Ian Harrison             108,695                  997,062               163,155 
------------------  -------------------  -----------------  -------------------- 
 Colin Kent               108,695                  892,062               367,740 
------------------  -------------------  -----------------  -------------------- 
 Mike Rich                108,695                  922,062                 7,346 
------------------  -------------------  -----------------  -------------------- 
 Chris Taylor             108,695                  803,223               189,281 
------------------  -------------------  -----------------  -------------------- 
 Jatinder 
  Aujla                   108,695                  462,062                11,632 
------------------  -------------------  -----------------  -------------------- 
 Tim Tozer                108,695                  108,695                13,000 
------------------  -------------------  -----------------  -------------------- 
 

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

**includes a CSOP option in respect of 60,301 Ordinary Shares which may be exercised instead of 60,301 of the LTIP Options.

Vesting of the LTIP Options is dependent upon the total shareholder return and return on equity achieved by the Company over a three year performance period commencing on 1 March 2016. The LTIP Options are then subject to a further two year holding period.

The Company's issued share capital consists of 397,269,839 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
    1.   Details of the person discharging managerial 
          responsibilities/person closely associated 
------  ------------------------------------------------------------ 
    a)   Name                             ROBERT FORRESTER 
------  -------------------------------  --------------------------- 
    2.   Reason for the notification      ACCEPTANCE OF OPTION 
------  -------------------------------  --------------------------- 
    b)   Position/status                  CEO 
------  -------------------------------  --------------------------- 
    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               ORDINARY SHARES OF 10p 
          financial instrument,            EACH IN VERTU MOTORS PLC 
          type of instrument 
          identification code 
                                           IDENTIFICATION CODE FOR 
          Identification code              VERTU MOTORS PLC ORDINARY 
                                           SHARES GB00B1GK4645 
------  -------------------------------  --------------------------- 
    g)   Nature of the transaction        ACCEPTANCE OF OPTION OVER 
                                           ORDINARY SHARES OF 10p 
                                           EACH IN VERTU MOTORS PLC, 
                                           PURSUANT TO THE COMPANY'S 
                                           LONG TERM INCENTIVE PLAN 
------  -------------------------------  --------------------------- 
    h)   Price(s) and volume(s) 
           Price    Volume(s) 
          -------  ---------- 
           NIL      289,854 
          -------  ---------- 
------  ------------------------------------------------------------ 
 
 
    i)   Aggregated information    NOT APPLICABLE - SINGLE 
                                    TRANSACTION 
          -Aggregated volume 
 
          - Price 
------  ------------------------  ------------------------ 
    j)   Date of the transaction   5 SEPTEMBER 2016 
------  ------------------------  ------------------------ 
    k)   Place of transaction      LONDON STOCK EXCHANGE, 
                                    AIM 
------  ------------------------  ------------------------ 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
      1.   Details of the person discharging managerial 
            responsibilities/person closely associated 
--------  ------------------------------------------------------------ 
      a)   Name                             MICHAEL SHERWIN 
--------  -------------------------------  --------------------------- 
      2.   Reason for the notification      ACCEPTANCE OF OPTION 
--------  -------------------------------  --------------------------- 
      b)   Position/status                  CFO 
--------  -------------------------------  --------------------------- 
      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               ORDINARY SHARES OF 10p 
            financial instrument,            EACH IN VERTU MOTORS PLC 
            type of instrument 
            identification code 
                                             IDENTIFICATION CODE FOR 
            Identification code              VERTU MOTORS PLC ORDINARY 
                                             SHARES GB00B1GK4645 
--------  -------------------------------  --------------------------- 
      g)   Nature of the transaction        ACCEPTANCE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN 
--------  -------------------------------  --------------------------- 
      h)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      217,391 
            -------  ---------- 
--------  ------------------------------------------------------------ 
 
 
      i)   Aggregated information    NOT APPLICABLE - SINGLE 
                                      TRANSACTION 
            -Aggregated volume 
 
            - Price 
--------  ------------------------  ------------------------ 
      j)   Date of the transaction   5 SEPTEMBER 2016 
--------  ------------------------  ------------------------ 
      k)   Place of transaction      LONDON STOCK EXCHANGE, 
                                      AIM 
--------  ------------------------  ------------------------ 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
      1.   Details of the person discharging managerial 
            responsibilities/person closely associated 
--------  ------------------------------------------------------------ 
      a)   Name                             DAVID CRANE 
--------  -------------------------------  --------------------------- 
      2.   Reason for the notification      ACCEPTANCE OF OPTION 
--------  -------------------------------  --------------------------- 
      b)   Position/status                  CHIEF OPERATIONS OFFICER 
--------  -------------------------------  --------------------------- 
      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               ORDINARY SHARES OF 10p 
            financial instrument,            EACH IN VERTU MOTORS PLC 
            type of instrument 
            identification code 
                                             IDENTIFICATION CODE FOR 
            Identification code              VERTU MOTORS PLC ORDINARY 
                                             SHARES GB00B1GK4645 
--------  -------------------------------  --------------------------- 
      g)   Nature of the transaction        ACCEPTANCE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN 
--------  -------------------------------  --------------------------- 
      h)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      108,695 
            -------  ---------- 
--------  ------------------------------------------------------------ 
 
 
      i)   Aggregated information    NOT APPLICABLE - SINGLE 
                                      TRANSACTION 
            -Aggregated volume 
 
            - Price 
--------  ------------------------  ------------------------ 
      j)   Date of the transaction   5 SEPTEMBER 2016 
--------  ------------------------  ------------------------ 
      k)   Place of transaction      LONDON STOCK EXCHANGE, 
                                      AIM 
--------  ------------------------  ------------------------ 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
      1.   Details of the person discharging managerial 
            responsibilities/person closely associated 
--------  ------------------------------------------------------------ 
      a)   Name                             KAREN ANDERSON 
--------  -------------------------------  --------------------------- 
      2.   Reason for the notification      ACCEPTANCE OF OPTION 
--------  -------------------------------  --------------------------- 
      b)   Position/status                  COMPANY SECRETARY 
--------  -------------------------------  --------------------------- 
      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               ORDINARY SHARES OF 10p 
            financial instrument,            EACH IN VERTU MOTORS PLC 
            type of instrument 
            identification code 
                                             IDENTIFICATION CODE FOR 
            Identification code              VERTU MOTORS PLC ORDINARY 
                                             SHARES GB00B1GK4645 
--------  -------------------------------  --------------------------- 
      g)   Nature of the transaction        ACCEPTANCE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN 
--------  -------------------------------  --------------------------- 
      h)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      108,695 
            -------  ---------- 
--------  ------------------------------------------------------------ 
 
 
      i)   Aggregated information    NOT APPLICABLE - SINGLE 
                                      TRANSACTION 
            -Aggregated volume 
 
            - Price 
--------  ------------------------  ------------------------ 
      j)   Date of the transaction   5 SEPTEMBER 2016 
--------  ------------------------  ------------------------ 
      k)   Place of transaction      LONDON STOCK EXCHANGE, 
                                      AIM 
--------  ------------------------  ------------------------ 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
      1.   Details of the person discharging managerial 
            responsibilities/person closely associated 
--------  ------------------------------------------------------------ 
      a)   Name                             IAN HARRISON 
--------  -------------------------------  --------------------------- 
      2.   Reason for the notification      ACCEPTANCE OF OPTION 
--------  -------------------------------  --------------------------- 
      a)   Position/status                  OPERATIONS DIRECTOR 
--------  -------------------------------  --------------------------- 
      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               ORDINARY SHARES OF 10p 
            financial instrument,            EACH IN VERTU MOTORS PLC 
            type of instrument 
            identification code 
                                             IDENTIFICATION CODE FOR 
            Identification code              VERTU MOTORS PLC ORDINARY 
                                             SHARES GB00B1GK4645 
--------  -------------------------------  --------------------------- 
      b)   Nature of the transaction        ACCEPTANCE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN 
--------  -------------------------------  --------------------------- 
      c)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      108,695 
            -------  ---------- 
--------  ------------------------------------------------------------ 
 
 
      d)   Aggregated information    NOT APPLICABLE - SINGLE 
                                      TRANSACTION 
            -Aggregated volume 
 
            - Price 
--------  ------------------------  ------------------------ 
      e)   Date of the transaction   5 SEPTEMBER 2016 
--------  ------------------------  ------------------------ 
      f)   Place of transaction      LONDON STOCK EXCHANGE, 
                                      AIM 
--------  ------------------------  ------------------------ 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
      1.   Details of the person discharging managerial 
            responsibilities/person closely associated 
--------  ------------------------------------------------------------ 
      a)   Name                             COLIN KENT 
--------  -------------------------------  --------------------------- 
      2.   Reason for the notification      ACCEPTANCE OF OPTION 
--------  -------------------------------  --------------------------- 
      a)   Position/status                  OPERATIONS DIRECTOR 
--------  -------------------------------  --------------------------- 
      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               ORDINARY SHARES OF 10p 
            financial instrument,            EACH IN VERTU MOTORS PLC 
            type of instrument 
            identification code 
                                             IDENTIFICATION CODE FOR 
            Identification code              VERTU MOTORS PLC ORDINARY 
                                             SHARES GB00B1GK4645 
--------  -------------------------------  --------------------------- 
      b)   Nature of the transaction        ACCEPTANCE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN 
--------  -------------------------------  --------------------------- 
      c)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      108,695 
            -------  ---------- 
--------  ------------------------------------------------------------ 
 
 
      d)   Aggregated information    NOT APPLICABLE - SINGLE 
                                      TRANSACTION 
            -Aggregated volume 
 
            - Price 
--------  ------------------------  ------------------------ 
      e)   Date of the transaction   5 SEPTEMBER 2016 
--------  ------------------------  ------------------------ 
      f)   Place of transaction      LONDON STOCK EXCHANGE, 
                                      AIM 
--------  ------------------------  ------------------------ 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
      1.   Details of the person discharging managerial 
            responsibilities/person closely associated 
--------  ------------------------------------------------------------ 
      a)   Name                             MIKE RICH 
--------  -------------------------------  --------------------------- 
      2.   Reason for the notification      ACCEPTANCE OF OPTION 
--------  -------------------------------  --------------------------- 
      a)   Position/status                  OPERATIONS DIRECTOR 
--------  -------------------------------  --------------------------- 
      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               ORDINARY SHARES OF 10p 
            financial instrument,            EACH IN VERTU MOTORS PLC 
            type of instrument 
            identification code 
                                             IDENTIFICATION CODE FOR 
            Identification code              VERTU MOTORS PLC ORDINARY 
                                             SHARES GB00B1GK4645 
--------  -------------------------------  --------------------------- 
      b)   Nature of the transaction        ACCEPTANCE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN 
--------  -------------------------------  --------------------------- 
      c)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      108,695 
            -------  ---------- 
--------  ------------------------------------------------------------ 
 
 
      d)   Aggregated information    NOT APPLICABLE - SINGLE 
                                      TRANSACTION 
            -Aggregated volume 
 
            - Price 
--------  ------------------------  ------------------------ 
      e)   Date of the transaction   5 SEPTEMBER 2016 
--------  ------------------------  ------------------------ 
      f)   Place of transaction      LONDON STOCK EXCHANGE, 
                                      AIM 
--------  ------------------------  ------------------------ 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
      1.   Details of the person discharging managerial 
            responsibilities/person closely associated 
--------  ------------------------------------------------------------ 
      a)   Name                             JATINDER AUJLA 
--------  -------------------------------  --------------------------- 
      2.   Reason for the notification      ACCEPTANCE OF OPTION 
--------  -------------------------------  --------------------------- 
      a)   Position/status                  OPERATIONS DIRECTOR 
--------  -------------------------------  --------------------------- 
      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               ORDINARY SHARES OF 10p 
            financial instrument,            EACH IN VERTU MOTORS PLC 
            type of instrument 
            identification code 
                                             IDENTIFICATION CODE FOR 
            Identification code              VERTU MOTORS PLC ORDINARY 
                                             SHARES GB00B1GK4645 
--------  -------------------------------  --------------------------- 
      b)   Nature of the transaction        ACCEPTANCE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN 
--------  -------------------------------  --------------------------- 
      c)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      108,695 
            -------  ---------- 
--------  ------------------------------------------------------------ 
 
 
      d)   Aggregated information    NOT APPLICABLE - SINGLE 
                                      TRANSACTION 
            -Aggregated volume 
 
            - Price 
--------  ------------------------  ------------------------ 
      e)   Date of the transaction   5 SEPTEMBER 2016 
--------  ------------------------  ------------------------ 
      f)   Place of transaction      LONDON STOCK EXCHANGE, 
                                      AIM 
--------  ------------------------  ------------------------ 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
      1.   Details of the person discharging managerial 
            responsibilities/person closely associated 
--------  ------------------------------------------------------------ 
      a)   Name                             CHRIS TAYLOR 
--------  -------------------------------  --------------------------- 
      2.   Reason for the notification      ACCEPTANCE OF OPTION 
--------  -------------------------------  --------------------------- 
      a)   Position/status                  OPERATIONS DIRECTOR 
--------  -------------------------------  --------------------------- 
      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               ORDINARY SHARES OF 10p 
            financial instrument,            EACH IN VERTU MOTORS PLC 
            type of instrument 
            identification code 
                                             IDENTIFICATION CODE FOR 
            Identification code              VERTU MOTORS PLC ORDINARY 
                                             SHARES GB00B1GK4645 
--------  -------------------------------  --------------------------- 
      b)   Nature of the transaction        ACCEPTANCE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN 
--------  -------------------------------  --------------------------- 
      c)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      108,695 
            -------  ---------- 
--------  ------------------------------------------------------------ 
 
 
      d)   Aggregated information    NOT APPLICABLE - SINGLE 
                                      TRANSACTION 
            -Aggregated volume 
 
            - Price 
--------  ------------------------  ------------------------ 
      e)   Date of the transaction   5 SEPTEMBER 2016 
--------  ------------------------  ------------------------ 
      f)   Place of transaction      LONDON STOCK EXCHANGE, 
                                      AIM 
--------  ------------------------  ------------------------ 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
      1.   Details of the person discharging managerial 
            responsibilities/person closely associated 
--------  ------------------------------------------------------------ 
      a)   Name                             TIM TOZER 
--------  -------------------------------  --------------------------- 
      2.   Reason for the notification      ACCEPTANCE OF OPTION 
--------  -------------------------------  --------------------------- 
      a)   Position/status                  OPERATIONS DIRECTOR 
--------  -------------------------------  --------------------------- 
      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               ORDINARY SHARES OF 10p 
            financial instrument,            EACH IN VERTU MOTORS PLC 
            type of instrument 
            identification code 
                                             IDENTIFICATION CODE FOR 
            Identification code              VERTU MOTORS PLC ORDINARY 
                                             SHARES GB00B1GK4645 
--------  -------------------------------  --------------------------- 
      b)   Nature of the transaction        ACCEPTANCE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN 
--------  -------------------------------  --------------------------- 
      c)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      108,695 
            -------  ---------- 
--------  ------------------------------------------------------------ 
 
 
      d)   Aggregated information    NOT APPLICABLE - SINGLE 
                                      TRANSACTION 
            -Aggregated volume 
 
            - Price 
--------  ------------------------  ------------------------ 
      e)   Date of the transaction   5 SEPTEMBER 2016 
--------  ------------------------  ------------------------ 
      f)   Place of transaction      LONDON STOCK EXCHANGE, 
                                      AIM 
--------  ------------------------  ------------------------ 
 

- Ends -

For further information please contact:

 
 Vertu Motors plc 
 Robert Forrester, CEO   Tel: 0191 491 
                          2111 
 Michael Sherwin, FD     Tel: 0191 491 
                          2114 
 Liberum 
 Peter Tracey            Tel: 020 3100 2000 
 Richard Crawley 
 Jamie Richards 
 Zeus Capital Limited 
 Adam Pollock            Tel: 020 7533 7727 
 Camarco 
 Billy Clegg             Tel: 020 3757 4983 
 Georgia Mann 
 Tom Huddart 
 
 

Notes to Editors

Vertu, the UK automotive retailer with a proven growth strategy, is the fifth largest automotive retailer in the UK with a network of 132 sales outlets across the UK. Its dealerships operate predominantly under the Bristol Street Motors, Vertu, Farnell, South Hereford Garages and Macklin Motors brand names.

Vertu was established in November 2006 with the strategy to consolidate the UK automotive retail sector. It is intended that the Group will continue to acquire automotive 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 129 franchised sales outlets and 3 non-franchised sales operations from 109 locations across the UK.

Vertu Group websites - www.vertumotors.com / www.vertucareers.com

Vertu brand websites - www.bristolstreet.co.uk / www.vertuhonda.com / www.macklinmotors.co.uk / www.farnelllandrover.com / www.farnelljaguar.com / www.vertuvolkswagen.com / www.southherefordgarages.co.uk / www.vertumercedes-benz.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

RDNAKPDNABKDFCK

(END) Dow Jones Newswires

September 06, 2016 02:01 ET (06:01 GMT)

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