Appointment of Nominated Adviser and Joint Broker

RNS Number : 2547C

Vertu Motors PLC

12 April 2017

 

12 April 2017

Vertu Motors plc ("Vertu Motors" or the "Group")

Appointment of Nominated Adviser and Joint Broker

Vertu Motors (AIM: VTU), the automotive retailer with a network of 124 sales outlets across the UK, is pleased to announce the appointment of Canaccord Genuity Limited as Nominated Adviser and Joint Broker with immediate effect. Zeus Capital will continue to act as Joint Broker to the Company.

For further information please contact:

Vertu Motors plc Robert Forrester, CEO Michael Sherwin, CFO	Tel: [phone] Tel: [phone]
Canaccord Genuity Limited Bruce Garrow Chris Connors Richard Andrews	Tel: [phone]
Zeus Capital Limited Dominic King	Tel: [phone]
Camarco Billy Clegg Georgia Edmonds	Tel: [phone]

Notes to Editors

Vertu Motors, the UK automotive retailer with a proven growth strategy, is the fifth largest automotive retailer in the UK with a network of 124 sales outlets across the UK.  Its dealerships operate predominantly under the Bristol Street Motors, Vertu, Farnell 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 121 franchised sales outlets and 3 non-franchised sales operations from 104 locations across the UK.

Vertu Motors Group websites - www.vertumotors.com / www.vertucareers.com

Vertu brand websites - www.bristolstreet.co.uk / www.vertuhonda.com / www.vertutoyota.com / www.macklinmotors.co.uk / www.farnelllandrover.com / www.farnelljaguar.com / www.vertuvolkswagen.com / www.vertumercedes-benz.com

 

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