Vertu Motors PLC Notification of PDMR interests
11 Marzo 2025 - 5:13PM
RNS Regulatory News
RNS Number : 2470A
Vertu Motors PLC
11 March 2025
11 March 2025
Vertu Motors plc
(the "Company")
Notification of PDMR
interests
The Company announces
that it was notified on 7 March 2025 that Leonardo Caruso, a
person discharging managerial responsibility in the
Company, had exercised nil-cost options
over 236,220 ordinary shares of 10p each in
the Company ("Ordinary
Shares") on 7 March 2025, that were issued in March 2021
under the Vertu Long Term Incentive Plan. The option exercise was
satisfied via a transfer of Ordinary Shares from the Company's
Employee Benefit Trust.
|
PDMR
|
Beneficial holding of
Ordinary Shares prior to the dealings above*
|
% of issued share capital
prior to the dealings above*
|
Ordinary Shares acquired by
PDMR
|
Resultant Beneficial holding
of Ordinary Shares after the dealings above*
|
Resultant % of issued share
capital after the dealings above*
|
|
Leonardo Caruso
|
12,651
|
0.00%
|
236,220
|
248,871
|
0.08%
|
* includes shares held by persons
closely associated with the PDMR.
The Company's issued share capital consists of
329,447,673 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
|
LEONARDO
CARUSO
|
|
2.
|
Reason for the notification
|
ACQUISITION 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 instrument, type
of instrument identification code
Identification code
|
ORDINARY
SHARES OF 10p EACH IN VERTU MOTORS PLC
GB00B1GK4645
|
|
g)
|
Nature of the transaction
|
EXERCISE OF
OPTION OVER ORDINARY SHARES OF 10p EACH IN VERTU MOTORS
PLC, PURSUANT
TO THE COMPANY'S LONG TERM INCENTIVE PLAN,
RESULTING IN THE TRANSFER OF SHARES FROM THE COMPANY'S
EBT
|
|
h)
|
Price(s) and volume(s)
|
Price
|
Volume(s)
|
|
NIL
|
236,220
|
|
|
i)
|
Aggregated information
-Aggregated volume
- Price
|
NOT APPLICABLE
- SINGLE TRANSACTION
|
|
j)
|
Date of the transaction
|
7 MARCH 2025
|
|
k)
|
Place of transaction
|
OFF
MARKET
|
- ENDS -
|
Vertu Motors plc
|
|
Tel: +44 (0) 191 491
2121
|
|
Robert Forrester, CEO
|
|
|
Karen Anderson, CFO
Phil Clark, Investor Relations
|
|
|
|
|
|
|
|
Stifel (Nominated Adviser and Broker)
|
Tel: +44 (0) 207 710
7688
|
|
Matthew Blawat
|
|
|
Nick Harland
|
|
|
|
|
|
|
|
Camarco
|
|
Tel: +44 (0) 203 757
4980
|
|
Billy Clegg
|
|
|
|
|
Tom Huddart
|
|
|
|
|
|
|
|
|
|
Notes to Editors
|
|
|
|
|
Vertu Motors is the fourth largest
automotive retailer in the UK with a network of
200 sales outlets across the
UK. Its dealerships operate predominantly under the Bristol Street
Motors and Vertu 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 197 franchised sales outlets and 3 non-franchised sales
operations from 155 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.vertumotorcycles.com
|
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END
DSHMZGMFVMZGKZM
Grafico Azioni Vertu Motors (LSE:VTU)
Storico
Da Feb 2025 a Mar 2025
Grafico Azioni Vertu Motors (LSE:VTU)
Storico
Da Mar 2024 a Mar 2025
