Vertu Motors PLC
23 January 2008
23rd January 2008
Vertu Motors plc ('Vertu' or the 'Group')
Analyst site visit
Vertu Motors plc, the UK's 10th largest motor retail group, announces it is
hosting a site visit for analysts today and tomorrow to the Group's Head Office
and local dealerships in and around Newcastle.
The visit will include presentations by Vertu's management team and will allow
the analysts to view some of the Company's operational facilities. There will
also be an opportunity to meet other members of senior management and key
individuals from various parts of the business.
No material new financial information will be disclosed during the event.
Ends -
For further information please contact:
Robert Forrester, CEO, Vertu Motors plc, Tel: 0191 206 4617
Andrew Kitchingman, Brewin Dolphin Securities, Tel: 0845 270 8613
Billy Clegg/Alex Beagley, Financial Dynamics, Tel: 020 7831 3113
Notes to editors
Vertu Motors is the 10th largest motor retailer in the United Kingdom with 47
dealerships forming a national network across England, operating under the
Bristol Street Motors and Motor Nation brands. Manufacturing partners include
Citroen, Ford, Iveco, Honda, Peugeot, Renault, Vauxhall, Fiat and Hyundai.
Vertu Motors was established in November 2006 with the aim of consolidating the
UK motor retail sector. The company listed on AIM in December 2006 and raised
£25m. The Executive Directors are experienced within the sector, having
previously held senior positions within Reg Vardy and CD Bramall.
In March 2007, the Group acquired the 13th largest motor retailer in the United
Kingdom, Bristol Street Motors. In the summer of 2007, Vertu acquired Blake
Holdings, Grantham Motor Company Limited and a Ford dealership in Morpeth,
Northumberland.
It is intended that the Company will continue to acquire motor retail operations
in the form of franchised dealerships and used car only operations. The
Company's acquisition strategy is supplemented by a focused organic growth
strategy to drive operational efficiencies through the national network.
www.vertumotors.com
This information is provided by RNS
The company news service from the London Stock Exchange
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