Vertu Motors PLC Director/PDMR Shareholding
11 Juni 2024 - 8:00AM
RNS Regulatory News
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:
PDMR
|
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*
|
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 code
Identification code
|
ORDINARY
SHARES OF 10p EACH IN VERTU MOTORS PLC
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
-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 code
Identification code
|
ORDINARY
SHARES OF 10p EACH IN VERTU MOTORS PLC
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
-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 code
Identification code
|
ORDINARY
SHARES OF 10p EACH IN VERTU MOTORS PLC
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
-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 code
Identification code
|
ORDINARY
SHARES OF 10p EACH IN VERTU MOTORS PLC
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
-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 code
Identification code
|
ORDINARY
SHARES OF 10p EACH IN VERTU MOTORS PLC
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
-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 code
Identification code
|
ORDINARY
SHARES OF 10p EACH IN VERTU MOTORS PLC
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
-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 code
Identification code
|
ORDINARY
SHARES OF 10p EACH IN VERTU MOTORS PLC
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
-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 code
Identification code
|
ORDINARY
SHARES OF 10p EACH IN VERTU MOTORS PLC
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
-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 code
Identification code
|
ORDINARY
SHARES OF 10p EACH IN VERTU MOTORS PLC
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
-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 code
Identification code
|
ORDINARY
SHARES OF 10p EACH IN VERTU MOTORS PLC
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
-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
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 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
/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
DSHQKKBDKBKBQAD
Vertu Motors (LSE:VTU)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
Vertu Motors (LSE:VTU)
Historical Stock Chart
Von Jun 2023 bis Jun 2024