ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

VTU.GB Vertu Motors Plc

68.50
0.00 (0.00%)
06:57:51 - Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Vertu Motors Plc AQSE:VTU.GB Aquis Stock Exchange Ordinary Share GB00B1GK4645
  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 06:57:51
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Vertu Motors PLC PDMR Share Purchase (3235G)

04/08/2016 5:24pm

UK Regulatory


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


From Mar 2019 to Mar 2024

Click Here for more Vertu Motors Charts.

TIDMVTU

RNS Number : 3235G

Vertu Motors PLC

04 August 2016

4 August 2016

Vertu Motors plc ("Vertu Motors" or "Company")

PDMR Share Purchase

Vertu Motors announces that it was notified on 4 August 2016, of the following acquisitions ("Dealings") in the Company's ordinary shares of 10p each ("Ordinary Shares") by persons discharging managerial responsibility in the Company. The Dealings took place on 4 August 2016 pursuant to the Company's Share Incentive Plan at a price of 46.975p per Ordinary Share:

 
                       Beneficial                                 Resultant 
                          holding   % of issued                  Beneficial       Resultant 
                      of Ordinary         share                     holding     % of issued 
              PDMR         Shares       capital    Ordinary     of Ordinary           share 
                            prior         prior      Shares          Shares         capital 
                           to the        to the    acquired           after           after 
                         Dealing*      Dealing*     by PDMR    the Dealing*    the Dealing* 
------------------  -------------  ------------  ----------  --------------  -------------- 
 Robert Forrester       6,778,888          1.71       3,831       6,782,719            1.71 
------------------  -------------  ------------  ----------  --------------  -------------- 
 Michael Sherwin          424,466          0.11       3,832         428,298            0.11 
------------------  -------------  ------------  ----------  --------------  -------------- 
 Karen Anderson           753,095          0.19       3,831         756,926            0.19 
------------------  -------------  ------------  ----------  --------------  -------------- 
 Ian Harrison             159,323          0.04       3,832         163,155            0.04 
------------------  -------------  ------------  ----------  --------------  -------------- 
 

*includes shares held by the PDMR's PCAs.

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      ACQUISITION OF SHARES 
-----  -------------------------------  -------------------------------- 
   a)   Position/status                  CEO 
-----  -------------------------------  -------------------------------- 
   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 FOR 
         identification code              VERTU MOTORS PLC ORDINARY 
         Identification code              SHARES GB00B1GK4645 
-----  -------------------------------  -------------------------------- 
  b)    Nature of the transaction        PURCHASE OF ORDINARY SHARES 
                                          OF 10p EACH IN VERTU MOTORS 
                                          PLC, PURSUANT TO THE COMPANY'S 
                                          SHARE INCENTIVE PLAN 
-----  -------------------------------  -------------------------------- 
  c)    Price(s) and volume(s) 
          Price         Volume(s) 
         ------------  ---------- 
          GBP0.46975    3831 
         ------------  ---------- 
-----  ----------------------------------------------------------------- 
  d)    Aggregated information           NOT APPLICABLE - SINGLE 
         -Aggregated volume               TRANSACTION 
         - Price 
-----  -------------------------------  -------------------------------- 
  e)    Date of the transaction          4 AUGUST 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

 
   5.   Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ----------------------------------------------------------------- 
   b)   Name                             MICHAEL SHERWIN 
-----  -------------------------------  -------------------------------- 
   6.   Reason for the notification      ACQUISITION OF SHARES 
-----  -------------------------------  -------------------------------- 
   c)   Position/status                  CFO 
-----  -------------------------------  -------------------------------- 
   d)   Initial notification/Amendment   INITIAL NOTIFICATION 
-----  -------------------------------  -------------------------------- 
   7.   Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
-----  ----------------------------------------------------------------- 
  c)    Name                             VERTU MOTORS PLC 
-----  -------------------------------  -------------------------------- 
   d)   LEI                              213800GIKJEIUIGMI575 
-----  -------------------------------  -------------------------------- 
   8.   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 
-----  ----------------------------------------------------------------- 
  g)    Description of the               ORDINARY SHARES OF 10p 
         financial instrument,            EACH IN VERTU MOTORS PLC 
         type of instrument               IDENTIFICATION CODE FOR 
         identification code              VERTU MOTORS PLC ORDINARY 
         Identification code              SHARES GB00B1GK4645 
-----  -------------------------------  -------------------------------- 
  h)    Nature of the transaction        PURCHASE OF ORDINARY SHARES 
                                          OF 10p EACH IN VERTU MOTORS 
                                          PLC, PURSUANT TO THE COMPANY'S 
                                          SHARE INCENTIVE PLAN 
-----  -------------------------------  -------------------------------- 
  i)    Price(s) and volume(s) 
          Price         Volume(s) 
         ------------  ---------- 
          GBP0.46975    3832 
         ------------  ---------- 
-----  ----------------------------------------------------------------- 
  j)    Aggregated information           NOT APPLICABLE - SINGLE 
         -Aggregated volume               TRANSACTION 
         - Price 
-----  -------------------------------  -------------------------------- 
  k)    Date of the transaction          4 AUGUST 2016 
-----  -------------------------------  -------------------------------- 
  l)    Place of transaction             LONDON STOCK EXCHANGE, 
                                          AIM 
-----  -------------------------------  -------------------------------- 
 

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

 
   9.    Details of the person discharging managerial 
          responsibilities/person closely associated 
------  ----------------------------------------------------------------- 
   c)    Name                             KAREN ANDERSON 
------  -------------------------------  -------------------------------- 
   10.   Reason for the notification      ACQUISITION OF SHARES 
------  -------------------------------  -------------------------------- 
   e)    Position/status                  COMPANY SECRETARY 
------  -------------------------------  -------------------------------- 
   f)    Initial notification/Amendment   INITIAL NOTIFICATION 
------  -------------------------------  -------------------------------- 
   11.   Details of the issuer, emission allowance 
          market participant, auction platform, auctioneer 
          or auction monitor 
------  ----------------------------------------------------------------- 
  e)     Name                             VERTU MOTORS PLC 
------  -------------------------------  -------------------------------- 
   f)    LEI                              213800GIKJEIUIGMI575 
------  -------------------------------  -------------------------------- 
   12.   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 
------  ----------------------------------------------------------------- 
  m)     Description of the               ORDINARY SHARES OF 10p 
          financial instrument,            EACH IN VERTU MOTORS PLC 
          type of instrument               IDENTIFICATION CODE FOR 
          identification code              VERTU MOTORS PLC ORDINARY 
          Identification code              SHARES GB00B1GK4645 
------  -------------------------------  -------------------------------- 
  n)     Nature of the transaction        PURCHASE OF ORDINARY SHARES 
                                           OF 10p EACH IN VERTU MOTORS 
                                           PLC, PURSUANT TO THE COMPANY'S 
                                           SHARE INCENTIVE PLAN 
------  -------------------------------  -------------------------------- 
  o)     Price(s) and volume(s) 
           Price         Volume(s) 
          ------------  ---------- 
           GBP0.46975    3831 
          ------------  ---------- 
------  ----------------------------------------------------------------- 
  p)     Aggregated information           NOT APPLICABLE - SINGLE 
          -Aggregated volume               TRANSACTION 
          - Price 
------  -------------------------------  -------------------------------- 
  q)     Date of the transaction          4 AUGUST 2016 
------  -------------------------------  -------------------------------- 
  r)     Place of transaction             LONDON STOCK EXCHANGE, 
                                           AIM 
------  -------------------------------  -------------------------------- 
 

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

 
   13.   Details of the person discharging managerial 
          responsibilities/person closely associated 
------  ----------------------------------------------------------------- 
   d)    Name                             IAN HARRISON 
------  -------------------------------  -------------------------------- 
   14.   Reason for the notification      ACQUISITION OF SHARES 
------  -------------------------------  -------------------------------- 
   g)    Position/status                  OPERATIONS DIRECTOR 
------  -------------------------------  -------------------------------- 
   h)    Initial notification/Amendment   INITIAL NOTIFICATION 
------  -------------------------------  -------------------------------- 
   15.   Details of the issuer, emission allowance 
          market participant, auction platform, auctioneer 
          or auction monitor 
------  ----------------------------------------------------------------- 
  g)     Name                             VERTU MOTORS PLC 
------  -------------------------------  -------------------------------- 
   h)    LEI                              213800GIKJEIUIGMI575 
------  -------------------------------  -------------------------------- 
   16.   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 
------  ----------------------------------------------------------------- 
  s)     Description of the               ORDINARY SHARES OF 10p 
          financial instrument,            EACH IN VERTU MOTORS PLC 
          type of instrument               IDENTIFICATION CODE FOR 
          identification code              VERTU MOTORS PLC ORDINARY 
          Identification code              SHARES GB00B1GK4645 
------  -------------------------------  -------------------------------- 
  t)     Nature of the transaction        PURCHASE OF ORDINARY SHARES 
                                           OF 10p EACH IN VERTU MOTORS 
                                           PLC, PURSUANT TO THE COMPANY'S 
                                           SHARE INCENTIVE PLAN 
------  -------------------------------  -------------------------------- 
  u)     Price(s) and volume(s) 
           Price         Volume(s) 
          ------------  ---------- 
           GBP0.46975    3832 
          ------------  ---------- 
------  ----------------------------------------------------------------- 
  v)     Aggregated information           NOT APPLICABLE - SINGLE 
          -Aggregated volume               TRANSACTION 
          - Price 
------  -------------------------------  -------------------------------- 
  w)     Date of the transaction          4 AUGUST 2016 
------  -------------------------------  -------------------------------- 
  x)     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

DSHQZLFBQVFLBBF

(END) Dow Jones Newswires

August 04, 2016 12:24 ET (16:24 GMT)

1 Year Vertu Motors Chart

1 Year Vertu Motors Chart

1 Month Vertu Motors Chart

1 Month Vertu Motors Chart

Your Recent History

Delayed Upgrade Clock