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VTU Vertu Motors Plc

67.80
-1.20 (-1.74%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vertu Motors Plc LSE:VTU London Ordinary Share GB00B1GK4645 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.20 -1.74% 67.80 67.30 67.90 68.60 67.00 68.20 213,364 16:35:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Motor Veh Dealer (used Only) 4.01B 25.53M 0.0749 8.99 229.35M

Vertu Motors PLC Notification of Directors' and PDMR's interests (0083J)

06/09/2016 7:05am

UK Regulatory


Vertu Motors (LSE:VTU)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Vertu Motors Charts.

TIDMVTU

RNS Number : 0083J

Vertu Motors PLC

06 September 2016

6 September 2016

Vertu Motors plc

(the "Company")

Notification of Directors' and PDMR's interests

The Company has been notified of the exercise by persons discharging managerial responsibility ("PDMR") in the Company of options over ordinary shares of 10p each in the Company ("Ordinary Shares"), under the Vertu 2013 Long Term Incentive Plan ("LTIP Options"). The LTIP Options were exercised as detailed below on 5 September 2016 resulting in the acquisition of Ordinary Shares as set out below, by way of transfer from the Company's Employee Benefit Trust.

The Company has also been notified that Michael Sherwin, a director and PDMR, has sold 50,471 of the 107,166 Ordinary Shares exercised, to satisfy the resultant income tax and National Insurance liability, and that Mike Rich, a PDMR, has sold 25,235 of the 53,583 Ordinary Shares exercised to satisfy the resultant income tax and National Insurance liability. The sales took place on 5 September 2016 at a price of 49.75 pence per Ordinary Share.

 
                                                                  Resultant 
                                     % of issued                 Beneficial        Resultant 
                        Beneficial         share                    holding      % of issued 
          PDMR          holding of       capital    Ordinary    of Ordinary            share 
                          Ordinary         prior      Shares         Shares          capital 
                      Shares prior        to the    acquired      after the            after 
                  to the Dealings*     Dealings*     by PDMR      Dealings*    the Dealings* 
--------------  ------------------  ------------  ----------  -------------  --------------- 
 Robert 
  Forrester              6,782,719          1.71     142,887      6,925,606             1.74 
--------------  ------------------  ------------  ----------  -------------  --------------- 
 Michael 
  Sherwin                  428,298          0.11      56,695        484,993             0.12 
--------------  ------------------  ------------  ----------  -------------  --------------- 
 Jatinder 
  Aujla                     11,632          0.00      53,583         65,215             0.02 
--------------  ------------------  ------------  ----------  -------------  --------------- 
 Ian Harrison              163,155          0.04      53,583        216,738             0.05 
--------------  ------------------  ------------  ----------  -------------  --------------- 
 Colin Kent                367,740          0.09      53,583        421,323             0.11 
--------------  ------------------  ------------  ----------  -------------  --------------- 
 Mike Rich                   7,346          0.00      28,348         35,694             0.02 
--------------  ------------------  ------------  ----------  -------------  --------------- 
 Chris Taylor              189,281          0.05      53,583        242,864             0.06 
--------------  ------------------  ------------  ----------  -------------  --------------- 
 

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

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 
                                          GB00B1GK4645 
         Identification code 
-----  -------------------------------  ------------------------------ 
  b)    Nature of the transaction        EXERCISE OF OPTION OVER 
                                          ORDINARY SHARES OF 10p 
                                          EACH IN VERTU MOTORS PLC, 
                                          PURSUANT TO THE COMPANY'S 
                                          LONG TERM INCENTIVE PLAN, 
                                          RESULTING IN THE TRANSFER 
                                          OF SHARES FROM THE COMPANY'S 
                                          EBT 
-----  -------------------------------  ------------------------------ 
  c)    Price(s) and volume(s) 
          Price    Volume(s) 
         -------  ---------- 
          NIL      142,887 
         -------  ---------- 
-----  --------------------------------------------------------------- 
  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                             MICHAEL SHERWIN 
--------  -------------------------------  ------------------------------ 
      2.   Reason for the notification      ACQUISITION OF SHARES 
--------  -------------------------------  ------------------------------ 
      a)   Position/status                  CFO 
--------  -------------------------------  ------------------------------ 
      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 
                                             GB00B1GK4645 
            Identification code 
--------  -------------------------------  ------------------------------ 
      b)   Nature of the transaction        EXERCISE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN, 
                                             RESULTING IN THE TRANSFER 
                                             OF SHARES FROM THE COMPANY'S 
                                             EBT 
--------  -------------------------------  ------------------------------ 
      c)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      107,166 
            -------  ---------- 
--------  --------------------------------------------------------------- 
      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                             IAN HARRISON 
--------  -------------------------------  ------------------------------ 
      2.   Reason for the notification      ACQUISITION OF SHARES 
--------  -------------------------------  ------------------------------ 
      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 
                                             GB00B1GK4645 
            Identification code 
--------  -------------------------------  ------------------------------ 
      b)   Nature of the transaction        EXERCISE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN, 
                                             RESULTING IN THE TRANSFER 
                                             OF SHARES FROM THE COMPANY'S 
                                             EBT 
--------  -------------------------------  ------------------------------ 
      c)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      53,583 
            -------  ---------- 
--------  --------------------------------------------------------------- 
      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      ACQUISITION OF SHARES 
--------  -------------------------------  ------------------------------ 
      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 
                                             GB00B1GK4645 
            Identification code 
--------  -------------------------------  ------------------------------ 
      b)   Nature of the transaction        EXERCISE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN, 
                                             RESULTING IN THE TRANSFER 
                                             OF SHARES FROM THE COMPANY'S 
                                             EBT 
--------  -------------------------------  ------------------------------ 
      c)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      53,583 
            -------  ---------- 
--------  --------------------------------------------------------------- 
      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      ACQUISITION OF SHARES 
--------  -------------------------------  ------------------------------ 
      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 
                                             GB00B1GK4645 
            Identification code 
--------  -------------------------------  ------------------------------ 
      b)   Nature of the transaction        EXERCISE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN, 
                                             RESULTING IN THE TRANSFER 
                                             OF SHARES FROM THE COMPANY'S 
                                             EBT 
--------  -------------------------------  ------------------------------ 
      c)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      53,583 
            -------  ---------- 
--------  --------------------------------------------------------------- 
      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      ACQUISITION OF SHARES 
--------  -------------------------------  ------------------------------ 
      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 
                                             GB00B1GK4645 
            Identification code 
--------  -------------------------------  ------------------------------ 
      b)   Nature of the transaction        EXERCISE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN, 
                                             RESULTING IN THE TRANSFER 
                                             OF SHARES FROM THE COMPANY'S 
                                             EBT 
--------  -------------------------------  ------------------------------ 
      c)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      53,583 
            -------  ---------- 
--------  --------------------------------------------------------------- 
      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      ACQUISITION OF SHARES 
--------  -------------------------------  ------------------------------ 
      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 
                                             GB00B1GK4645 
            Identification code 
--------  -------------------------------  ------------------------------ 
      b)   Nature of the transaction        EXERCISE OF OPTION OVER 
                                             ORDINARY SHARES OF 10p 
                                             EACH IN VERTU MOTORS PLC, 
                                             PURSUANT TO THE COMPANY'S 
                                             LONG TERM INCENTIVE PLAN, 
                                             RESULTING IN THE TRANSFER 
                                             OF SHARES FROM THE COMPANY'S 
                                             EBT 
--------  -------------------------------  ------------------------------ 
      c)   Price(s) and volume(s) 
             Price    Volume(s) 
            -------  ---------- 
             NIL      53,583 
            -------  ---------- 
--------  --------------------------------------------------------------- 
      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                             MICHAEL SHERWIN 
--------  -------------------------------  ----------------------------- 
      2.   Reason for the notification      SALE OF SHARES 
--------  -------------------------------  ----------------------------- 
      a)   Position/status                  CFO 
--------  -------------------------------  ----------------------------- 
      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 
                                             GB00B1GK4645 
            Identification code 
--------  -------------------------------  ----------------------------- 
      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) 
            -------  ---------- 
             49.75p   50,471 
            -------  ---------- 
--------  -------------------------------------------------------------- 
      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      SALE OF SHARES 
--------  -------------------------------  ----------------------------- 
      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 
--------  -------------------------------------------------------------- 
      c)   Name                             VERTU MOTORS PLC 
--------  -------------------------------  ----------------------------- 
      d)   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 
                                             GB00B1GK4645 
            Identification code 
--------  -------------------------------  ----------------------------- 
      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) 
            -------  ---------- 
             49.75p   25,235 
            -------  ---------- 
--------  -------------------------------------------------------------- 
      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 02:05 ET (06:05 GMT)

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