Vertu Motors PLC Director/PDMR Shareholding (3721X)
April 25 2023 - 4:20AM
UK Regulatory
TIDMVTU
RNS Number : 3721X
Vertu Motors PLC
25 April 2023
25 April 2023
Vertu Motors plc
(the "Company")
Notification of PDMR's interests
The Company announces that it was notified on 24 April 2023 that
Colin Kent, a person discharging managerial responsibility in the
Company, had transferred legal ownership of 6,588 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 12 April 2023.
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 449,251 0.13% n/a 449,251 0.13%
----------------- --------------- ----------------- --------------- ---------------
* includes shares held by persons closely associated with the
PDMR.
The Company's issued share capital consists of 348,945,522
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
instrument, type of instrument IN 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 6,588
----------
-----------------------------------------------------------------------
i) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
--------------------------------- ------------------------------------
j) Date of the transaction 12 APRIL 2023
--------------------------------- ------------------------------------
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
Phil Clark, Investor relations PClark@vertumotors.com
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 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 141 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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
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
DSHNKPBDFBKKFQB
(END) Dow Jones Newswires
April 25, 2023 04:20 ET (08:20 GMT)
Vertu Motors (AQSE:VTU.GB)
Historical Stock Chart
From Dec 2024 to Jan 2025
Vertu Motors (AQSE:VTU.GB)
Historical Stock Chart
From Jan 2024 to Jan 2025
