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VTU Vertu Motors Plc

78.50
0.00 (0.00%)
24 Jun 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
  0.00 0.00% 78.50 78.40 79.20 78.90 78.40 78.50 407,598 16:35:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Motor Veh Dealer (used Only) 4.72B 25.71M 0.0762 10.29 264.68M

Vertu Motors PLC Notification of Director’s interests

17/05/2024 1:27pm

RNS Regulatory News


RNS Number : 9563O
Vertu Motors PLC
17 May 2024
 

17 May 2024

Vertu Motors plc

(the "Company")

Notification of Director's interests

 

The Company announces that Jonathan Mewett, a non-executive director of the Company, has purchased ordinary shares of 10p each in the capital of the Company ("Ordinary Shares"). 

The purchase took place on 17 May 2024 at a price of 79.502 pence per Ordinary Share.

 

 

 

 

PDMR

Beneficial holding of Ordinary Shares prior to the Dealings*

% of issued share capital prior to the Dealings*

Ordinary Shares acquired by PDMR

Resultant Beneficial holding of Ordinary Shares after the Dealings*

Resultant % of issued share capital after the Dealings*

Jonathan Mewett

0

0.00%

50,000

50,000

0.01%

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

The Company's issued share capital consists of 337,602,150 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

JONATHAN MEWETT

2.    

Reason for the notification

PURCHASE OF SHARES

b)  

Position/status

NON-EXECUTIVE 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 instrument, type of instrument identification code

 

Identification code

ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC

 

 

GB00B1GK4645

g)   

Nature of the transaction

PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC.

h)    

Price(s) and volume(s)

 

Price

Volume(s)

0.79502

50,000

i)     

Aggregated information

 

-Aggregated volume

 

- Price

NOT APPLICABLE - SINGLE TRANSACTION

j)     

Date of the transaction

17 MAY 2024

k)    

Place of transaction

LONDON STOCK EXCHANGE, AIM

 

- ENDS -

Vertu Motors plc


Robert Forrester, CEO

Tel: 0191 491 2121

Karen Anderson, CFO

Phil Clark, Investor relations

Tel: 0191 491 2121

PClark@vertumotors.com

Stifel


Matthew Blawat

Nick Harland

Tel: 0207 710 7688

 

Camarco


Billy Clegg

Tom Huddart

Tel: 020 3757 4983

 

Notes to Editors

Vertu Motors is the fourth largest automotive retailer in the UK with a network of 188 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 184 franchised sales outlets and 4 non-franchised sales operations from 143 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.vertumotorcyles.com

 

 

 

 

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RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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