Vertu Motors PLC Notification of PDMR's interests (6666E)
08 Luglio 2021 - 3:58PM
UK Regulatory
TIDMVTU
RNS Number : 6666E
Vertu Motors PLC
08 July 2021
8 July 2021
Vertu Motors plc
(the "Company")
Notification of PDMR's interests
The Company announces that Jatinder Aujla, a person discharging
managerial responsibility in the Company, exercised nil-cost
options over Ordinary Shares pursuant to LTIP Options issued in
2016, and received Ordinary Shares on 7 July 2021.
The Company has also been notified that Jatinder Aujla sold
19,023 of the 40,337 Ordinary Shares received to satisfy the
resultant income tax and National Insurance liability. The sale
took place on 7 July 2021 at a price of 45.1 pence per Ordinary
Share.
Resultant
Beneficial Resultant
Beneficial holding % of issued holding of % of issued
PDMR of Ordinary share capital Ordinary Ordinary share capital
Shares prior prior to Shares acquired Shares after after the
to the Dealings* the Dealings* by PDMR** the Dealings* Dealings*
Jatinder Aujla 99,921 0.03% 21,314 121,235 0.03 %
------------------- --------------- ----------------- --------------- ---------------
* includes shares held by persons closely associated with the
PDMR.
** net amount after the sales to satisfy tax and NI
liability.
The Company's issued share capital consists of 369,173,981
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 JATINDER AUJLA
--------------------------------- ------------------------------------
2. Reason for the notification EXERCISE OF LTIP OPTIONS
--------------------------------- ------------------------------------
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 IN
instrument, type of instrument VERTU MOTORS PLC
identification code
Identification code 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
--------------------------------- ------------------------------------
h) Price(s) and volume(s)
Price Volume(s)
NIL 40,337
----------
-----------------------------------------------------------------------
i) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
--------------------------------- ------------------------------------
j) Date of the transaction 7 JULY 2021
--------------------------------- ------------------------------------
k) Place of transaction LONDON STOCK EXCHANGE, AIM
--------------------------------- ------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
l) Name JATINDER AUJLA
--------------------------------- ------------------------------------
2. Reason for the notification SALE OF SHARES
--------------------------------- ------------------------------------
m) Position/status OPERATIONS DIRECTOR
--------------------------------- ------------------------------------
n) Initial notification/Amendment INITIAL NOTIFICATION
--------------------------------- ------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
o) Name VERTU MOTORS PLC
--------------------------------- ------------------------------------
p) 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
-----------------------------------------------------------------------
q) Description of the financial ORDINARY SHARES OF 10p EACH IN
instrument, type of instrument VERTU MOTORS PLC
identification code
Identification code GB00B1GK4645
--------------------------------- ------------------------------------
r) Nature of the transaction SALE OF ORDINARY SHARES OF 10p
EACH IN VERTU MOTORS PLC, RECEIVED
PURSUANT TO THE COMPANY'S LONG
TERM INCENTIVE PLAN
--------------------------------- ------------------------------------
s) Price(s) and volume(s)
Price Volume(s)
0.451 19,023
----------
-----------------------------------------------------------------------
t) Aggregated information NOT APPLICABLE - SINGLE TRANSACTION
-Aggregated volume
- Price
--------------------------------- ------------------------------------
u) Date of the transaction 7 JULY 2021
--------------------------------- ------------------------------------
v) Place of transaction LONDON STOCK EXCHANGE, AIM
--------------------------------- ------------------------------------
- Ends -
For further information please contact:
Vertu Motors plc
Robert Forrester, CEO Tel: 0191 491 2121
Karen Anderson, CFO Tel: 0191 491 2121
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 fifth largest automotive retailer in the UK
with a network of 154 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 150 franchised sales outlets and 4
non-franchised sales operations from 116 locations across the
UK.
Vertu's Mission Statement is to "deliver an outstanding customer
motoring experience through honesty and trust".
Vertu Motors Group websites - www.vertucareers.com
Vertu brand websites - www.vertumotors.com /
www.bristolstreet.co.uk / www.macklinmotors.co.uk
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
DSHUPUQAMUPGGWR
(END) Dow Jones Newswires
July 08, 2021 09:58 ET (13:58 GMT)
Grafico Azioni Vertu Motors (LSE:VTU)
Storico
Da Apr 2024 a Mag 2024
Grafico Azioni Vertu Motors (LSE:VTU)
Storico
Da Mag 2023 a Mag 2024
