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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 | |
---|---|---|---|---|---|---|---|---|---|---|
1.40 | 1.99% | 71.90 | 71.30 | 72.00 | 72.00 | 69.70 | 71.00 | 724,678 | 16:35:27 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Motor Veh Dealer (used Only) | 4.01B | 25.53M | 0.0749 | 9.55 | 243.66M |
TIDMVTU
RNS Number : 1057R
Vertu Motors PLC
02 November 2021
02 November 2021
Vertu Motors plc
(the "Company")
Notification of PDMR's interests
The Company announces that it was notified on 01 November 2021 that Colin Kent, a person discharging managerial responsibility in the Company, had transferred legal ownership of 21,340 ordinary shares of 10p each in the Company ("Ordinary Shares") into a share trading account for nil consideration without any change in beneficial ownership . The transfer took place on 01 November 2021.
Resultant Beneficial Beneficial Resultant holding of % of issued holding of % of issued PDMR Ordinary Shares share capital Ordinary Ordinary share capital prior to the prior to Shares acquired Shares after after the Dealings* the Dealings* by PDMR* the Dealings* Dealings* Colin Kent 442,663 0.12% n/a 442,663 0.12% ----------------- --------------- ----------------- --------------- ---------------
* includes shares held by persons closely associated with the PDMR.
The Company's issued share capital consists of 364,651,748 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury.
1. Details of the person discharging managerial responsibilities/person closely associated a) Name COLIN KENT --------------------------------- ------------------------------------ 2. Reason for the notification TRANSFER OF SHARES --------------------------------- ------------------------------------ b) Position/status OPERATIONS DIRECTOR --------------------------------- ------------------------------------ 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 financial ORDINARY SHARES OF 10p EACH IN instrument, type of instrument VERTU MOTORS PLC identification code Identification code GB00B1GK4645 --------------------------------- ------------------------------------ g) Nature of the transaction TRANSFER OF LEGAL OWNERSHIP OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC INTO A SHARE TRADING ACCOUNT --------------------------------- ------------------------------------ h) Price(s) and volume(s) Price Volume(s) NIL 21,340 ---------- ----------------------------------------------------------------------- i) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION -Aggregated volume - Price --------------------------------- ------------------------------------ j) Date of the transaction 01 NOVEMBER 2021 --------------------------------- ------------------------------------ k) Place of transaction OFF MARKET --------------------------------- ------------------------------------
- Ends -
For further information please contact:
Vertu Motors plc Robert Forrester, CEO Tel: 0191 491 2121 Karen Anderson, CFO Tel: 0191 491 2121 Zeus Capital Limited Jamie Peel Tel: 020 3829 5000 Andrew Jones Dominic King Camarco Billy Clegg Tel: 020 3757 4983 Tom Huddart
Notes to Editors
Vertu Motors is the fifth largest automotive retailer in the UK with a network of 154 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 150 franchised sales outlets and 4 non-franchised sales operations from 118 locations across the UK.
Vertu's Mission Statement is to "deliver an outstanding customer motoring experience through honesty and trust".
Vertu Motors Group websites - investors.vertumotors.com / www.vertucareers.com
Vertu brand websites - www.vertumotors.com / www.bristolstreet.co.uk / www.macklinmotors.co.uk
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(END) Dow Jones Newswires
November 02, 2021 10:36 ET (14:36 GMT)
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