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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 |
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
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(END) Dow Jones Newswires
September 06, 2016 02:01 ET (06:01 GMT)
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