REG - Vertu Motors PLC - Director/PDMR Shareholding
11/06/2024 07:00
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RNS Number : 8763R Vertu Motors PLC 11 June 2024
11 June 2024
Vertu Motors plc ("Vertu Motors" or "Company")
Director and PDMR Share Purchases
Vertu Motors announces that it was notified on 10 June 2024, of the following
acquisitions ("Dealings") in the Company's ordinary shares of 10p each
("Ordinary Shares") by directors and persons discharging managerial
responsibility in the Company. The Dealings took place on 10 June 2024
pursuant to the Company's Share Incentive Plan at a price of 80.1p per
Ordinary Share:
Beneficial holding of Ordinary Shares prior to the Dealing* % of issued share capital prior to the Dealing* Ordinary Shares acquired by PDMR Resultant Beneficial holding of Ordinary Shares after the Dealing* Resultant % of issued share capital after the Dealing*
PDMR
Robert Forrester 7,489,518 2.22% 2,222 7,491,740 2.22%
David Crane 481,462 0.14% 2,222 483,684 0.14%
Karen Anderson 1,166,637 0.35% 2,222 1,168,859 0.35%
Stephen Gould 30,493 0.01% 2,221 31,714 0.01%
Michael Rich 49,537 0.01% 2,221 51,178 0.02%
Christopher Taylor 373,059 0.11% 2,221 375,280 0.11%
Leonardo Caruso 10,430 0.00% 2,221 12,651 0.00%
Mark Gibbings 23,310 0.01% 2,222 25,532 0.01%
Tom Garratt 34,508 0.01% 2,221 36,729 0.01%
Anthony Masterson 57,412 0.02% 2,221 59,633 0.02%
*includes shares held by the PDMR's PCAs.
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.
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 financial instrument, type of instrument identification ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
code
Identification code
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)
£0.801 2222
d) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
e) Date of the transaction 10 June 2024
f) Place of transaction LONDON STOCK EXCHANGE, AIM
d)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
e)
Date of the transaction
10 June 2024
f)
Place of transaction
LONDON STOCK EXCHANGE, AIM
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name KAREN ANDERSON
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 financial instrument, type of instrument identification ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
code
Identification code
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)
£0.801 2222
d) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
e) Date of the transaction 10 June 2024
f) Place of transaction LONDON STOCK EXCHANGE, AIM
d)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
e)
Date of the transaction
10 June 2024
f)
Place of transaction
LONDON STOCK EXCHANGE, AIM
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name STEPHEN GOULD
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 financial instrument, type of instrument identification ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
code
Identification code
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)
£0.801 2221
d) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
e) Date of the transaction 10 June 2024
f) Place of transaction LONDON STOCK EXCHANGE, AIM
d)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
e)
Date of the transaction
10 June 2024
f)
Place of transaction
LONDON STOCK EXCHANGE, AIM
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name DAVID CRANE
2. Reason for the notification ACQUISITION OF SHARES
a) Position/status COO
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 financial instrument, type of instrument identification ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
code
Identification code
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)
£0.801 2222
d) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
e) Date of the transaction 10 June 2024
f) Place of transaction LONDON STOCK EXCHANGE, AIM
d)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
e)
Date of the transaction
10 June 2024
f)
Place of transaction
LONDON STOCK EXCHANGE, AIM
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name MICHAEL 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 financial instrument, type of instrument identification ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
code
Identification code
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)
£0.801 2221
d) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
e) Date of the transaction 10 June 2024
f) Place of transaction LONDON STOCK EXCHANGE, AIM
d)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
e)
Date of the transaction
10 June 2024
f)
Place of transaction
LONDON STOCK EXCHANGE, AIM
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name CHRISTOPHER 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 financial instrument, type of instrument identification ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
code
Identification code
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)
£0.801 2221
d) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
e) Date of the transaction 10 June 2024
f) Place of transaction LONDON STOCK EXCHANGE, AIM
d)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
e)
Date of the transaction
10 June 2024
f)
Place of transaction
LONDON STOCK EXCHANGE, AIM
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name LEONARDO CARUSO
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 financial instrument, type of instrument identification ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
code
Identification code
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)
£0.801 2222
d) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
e) Date of the transaction 10 June 2024
f) Place of transaction LONDON STOCK EXCHANGE, AIM
d)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
e)
Date of the transaction
10 June 2024
f)
Place of transaction
LONDON STOCK EXCHANGE, AIM
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name MARK GIBBINGS
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
g) Description of the financial instrument, type of instrument identification ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
code
Identification code
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)
£0.801 2221
j) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
k) Date of the transaction 10 June 2024
l) Place of transaction LONDON STOCK EXCHANGE, AIM
j)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
k)
Date of the transaction
10 June 2024
l)
Place of transaction
LONDON STOCK EXCHANGE, AIM
5. Details of the person discharging managerial responsibilities/person closely
associated
b) Name TOM GARRATT
6. Reason for the notification ACQUISITION OF SHARES
c) Position/status OPERATIONS DIRECTOR
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
m) Description of the financial instrument, type of instrument identification ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
code
Identification code
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)
£0.801 2221
p) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
q) Date of the transaction 10 June 2024
r) Place of transaction LONDON STOCK EXCHANGE, AIM
p)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
q)
Date of the transaction
10 June 2024
r)
Place of transaction
LONDON STOCK EXCHANGE, AIM
9. Details of the person discharging managerial responsibilities/person closely
associated
c) Name ANTHONY MASTERSON
10. Reason for the notification ACQUISITION OF SHARES
e) Position/status OPERATIONS DIRECTOR
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
s) Description of the financial instrument, type of instrument identification ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
code
Identification code
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)
£0.801 2221
v) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
w) Date of the transaction 10 June 2024
x) Place of transaction LONDON STOCK EXCHANGE, AIM
v)
Aggregated information
-Aggregated volume
- Price
NOT APPLICABLE - SINGLE TRANSACTION
w)
Date of the transaction
10 June 2024
x)
Place of transaction
LONDON STOCK EXCHANGE, AIM
- ENDS -
Vertu Motors plc
Robert Forrester, CEO Tel: 0191 491 2121
Karen Anderson, CFO Tel: 0191 491 2121
Phil Clark, Investor relations PClark@vertumotors.com
Stifel
Matthew Blawat Tel: 0207 710 7688
Nick Harland
Camarco
Billy Clegg Tel: 020 3757 4983
Tom Huddart
Notes to Editors
Vertu Motors is the fourth largest automotive retailer in the UK with a
network of 189 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 185 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
(https://investors.vertumotors.com/) /www.vertucareers.com
(http://www.vertucareers.com)
Vertu brand websites - www.vertumotors.com (http://www.vertumotors.com) /
www.bristolstreet.co.uk (http://www.bristolstreet.co.uk) / www.vertuhonda.com
(http://www.vertuhonda.com) / www.vertutoyota.com (http://www.vertutoyota.com)
/ www.macklinmotors.co.uk (http://www.macklinmotors.co.uk) /
www.vertumotorcyles.com (https://www.vertumotorcycles.com/)
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