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VTU.GB Vertu Motors

61.50
0.00 (0.00%)
03 Dec 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% 61.50 59.00 64.00 61.50 61.50 61.50 0.00 07:00:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Vertu Motors PLC Transaction in Own Shares (0553X)

18/12/2023 7:00am

UK Regulatory


TIDMVTU

RNS Number : 0553X

Vertu Motors PLC

18 December 2023

 
18 December 2023 
                                     Vertu Motors plc 
 
                            ("Vertu Motors" or the "Company") 
 
                                Transaction in Own Shares 
 
 
Vertu Motors plc (AIM: VTU) announces that on 15 December 2023 
 it purchased 912,423 ordinary shares of 10p each in the Company 
 (the "Repurchased Shares"), pursuant to the share buyback programme 
 (the "Buyback Programme") that was announced on 9 October 2023, 
 as follows (together the "Transaction"): 
 
Date of purchase                                               15 December 2023 
Number of ordinary shares purchased                            912,423 
Highest price paid per ordinary share                          70 pence 
Lowest price paid per ordinary share                           69.6 pence 
Volume weighted average price paid per ordinary share          69.9787 pence 
 
Application will be made for the Repurchased Shares to be cancelled. 
 Following the cancellation of the Repurchased Shares, the total 
 number of ordinary shares with voting rights will be 338,434,868 
 which may be used by shareholders as the denominator for the 
 calculations by which they will determine if they are required 
 to notify their interest in, or a change to their interest in, 
 Vertu Motors under the FCA's Disclosure Guidance and Transparency 
 Rules. The Company holds no shares in treasury. 
 
The Company will make further announcements in due course following 
 the completion of any further purchases pursuant to the Buyback 
 Programme. 
 
In accordance with Article 5(1)(b) of the Market Abuse Regulation 
 (EU) No 596/2014 details of the purchase of its own ordinary 
 shares by Vertu Motors, which were all executed through the 
 Company's broker, Zeus Capital Limited ("Zeus"), are set out 
 below: 
 
Schedule of Purchases: 
Shares purchased:                 Vertu Motors plc (ISIN: GB00B1GK4645) 
Date of purchases:                15 December 2023 
 
Aggregate information: 
 
Aggregated Volume                 Volume-weighted              Venue 
                                   average price (pence) 
912,423                           69.9787                      London Stock Exchange 
 
 
Individual transactions: 
 
5,804                             70.00 pence                  10:31 UK 
7,350                             70.00 pence                  10:31 UK 
4,908                             70.00 pence                  10:31 UK 
46,442                            70.00 pence                  10:31 UK 
19,998                            70.00 pence                  10:39 UK 
2                                 70.00 pence                  10:39 UK 
20,000                            70.00 pence                  10:40 UK 
4,141                             70.00 pence                  10:40 UK 
3,156                             70.00 pence                  10:40 UK 
5,242                             70.00 pence                  10:41 UK 
7,461                             70.00 pence                  10:48 UK 
20,000                            70.00 pence                  10:50 UK 
4,256                             70.00 pence                  10:50 UK 
15,744                            70.00 pence                  10:50 UK 
4,002                             70.00 pence                  10:50 UK 
15,998                            70.00 pence                  10:51 UK 
4,009                             70.00 pence                  10:51 UK 
15,991                            70.00 pence                  10:51 UK 
34,009                            70.00 pence                  10:51 UK 
4,413                             70.00 pence                  10:51 UK 
2,886                             70.00 pence                  10:51 UK 
506                               70.00 pence                  10:51 UK 
12,195                            70.00 pence                  10:51 UK 
7,805                             70.00 pence                  10:51 UK 
2,000                             70.00 pence                  10:51 UK 
5,662                             70.00 pence                  10:52 UK 
5,582                             70.00 pence                  10:52 UK 
559                               70.00 pence                  10:52 UK 
6,197                             70.00 pence                  10:52 UK 
20,000                            70.00 pence                  10:52 UK 
2,576                             70.00 pence                  10:52 UK 
978                               70.00 pence                  10:52 UK 
4,632                             70.00 pence                  10:52 UK 
3,375                             69.60 pence                  10:53 UK 
21,625                            69.60 pence                  13:15 UK 
110                               69.60 pence                  13:15 UK 
809                               69.60 pence                  13:15 UK 
25                                69.60 pence                  13:15 UK 
1,721                             69.60 pence                  13:15 UK 
1,155                             69.60 pence                  13:15 UK 
195                               69.60 pence                  14:00 UK 
6,797                             70.00 pence                  14:30 UK 
10,000                            70.00 pence                  14:30 UK 
964                               70.00 pence                  14:30 UK 
24,036                            70.00 pence                  14:30 UK 
2,893                             70.00 pence                  14:30 UK 
2,000                             70.00 pence                  14:30 UK 
20,107                            70.00 pence                  14:30 UK 
1,911                             70.00 pence                  14:30 UK 
2,129                             70.00 pence                  14:30 UK 
2,000                             70.00 pence                  14:30 UK 
18,960                            70.00 pence                  14:31 UK 
2,391                             70.00 pence                  14:31 UK 
2,000                             70.00 pence                  14:31 UK 
20,609                            70.00 pence                  14:31 UK 
29,391                            70.00 pence                  14:31 UK 
7,205                             70.00 pence                  14:31 UK 
5,778                             70.00 pence                  14:31 UK 
12,017                            70.00 pence                  14:31 UK 
9,805                             70.00 pence                  14:31 UK 
4,124                             70.00 pence                  14:31 UK 
11,071                            70.00 pence                  14:31 UK 
5,229                             70.00 pence                  14:31 UK 
964                               70.00 pence                  14:31 UK 
18,604                            70.00 pence                  14:31 UK 
110                               69.70 pence                  15:02 UK 
24,890                            69.70 pence                  15:02 UK 
1,001                             69.70 pence                  15:02 UK 
31                                69.70 pence                  15:02 UK 
57                                70.00 pence                  15:55 UK 
188                               70.00 pence                  15:55 UK 
6,381                             70.00 pence                  15:55 UK 
1,066                             70.00 pence                  15:55 UK 
1,231                             70.00 pence                  15:55 UK 
57                                70.00 pence                  15:55 UK 
1,135                             70.00 pence                  15:55 UK 
1,020                             70.00 pence                  15:55 UK 
3,103                             70.00 pence                  15:56 UK 
999                               70.00 pence                  15:56 UK 
60                                70.00 pence                  16:00 UK 
17,395                            70.00 pence                  16:00 UK 
1,416                             70.00 pence                  16:00 UK 
23,584                            70.00 pence                  16:00 UK 
1,214                             70.00 pence                  16:00 UK 
6,774                             70.00 pence                  16:00 UK 
1,049                             70.00 pence                  16:00 UK 
1,446                             70.00 pence                  16:00 UK 
98                                70.00 pence                  16:00 UK 
102                               70.00 pence                  16:00 UK 
239                               70.00 pence                  16:00 UK 
14,078                            70.00 pence                  16:00 UK 
5,067                             70.00 pence                  16:01 UK 
2,538                             70.00 pence                  16:01 UK 
133,671                           70.00 pence                  16:11 UK 
97,919                            70.00 pence                  16:37 UK 
 
Vertu Motors plc                                                 Tel: +44 (0) 191 491 2121 
Robert Forrester, CEO 
Karen Anderson, CFO 
 Phil Clark, Investor Relations 
 
Zeus (Nominated Adviser and Broker)                              Tel: +44 (0) 203 829 5000 
Jamie Peel 
Andrew Jones 
Dominic King 
 
Camarco                                                          Tel: +44 (0) 203 757 4983 
Billy Clegg 
Tom Huddart 
 
 
Notes to Editors 
Vertu Motors is the fourth largest automotive retailer in the 
 UK with a network of 195 sales outlets across the UK. Its dealerships 
 operate predominantly under the Bristol Street Motors, Vertu 
 and Macklin Motors brand names. 
 
Vertu Motors was established in November 2006 with the strategy 
 to consolidate the UK motor retail sector. It is intended that 
 the Group will continue to acquire motor retail operations to 
 grow a scaled dealership group. The Group's acquisition strategy 
 is supplemented by a focused organic growth strategy to drive 
 operational efficiencies through its national dealership network. 
 The Group currently operates 191 franchised sales outlets and 
 4 non-franchised sales operations from 145 locations across 
 the UK. 
 
Vertu's Mission Statement is to "deliver an outstanding customer 
 motoring experience through honesty and trust". 
 
Vertu Motors Group websites - https://investors.vertumotors.com 
 / www.vertucareers.com 
 Vertu brand websites - www.vertumotors.com / www.bristolstreet.co.uk 
 / www.vertuhonda.com / www.vertutoyota.com / www.macklinmotors.co.uk 
 / www.vertumotorcycles.com 
 

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END

POSFFFFWIEDSEIE

(END) Dow Jones Newswires

December 18, 2023 02:00 ET (07:00 GMT)

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