Change of Advisor

Vertu Motors PLC

01 March 2024

 

1 March 2024

Vertu Motors plc

Change of Adviser

Vertu Motors plc, the automotive retailer with a network of 188 sales outlets across the UK, announces that it has appointed Stifel Nicolaus Europe Limited as Nominated Adviser and Sole Corporate Broker with immediate effect.

Vertu Motors plc	Tel: [phone]
Robert Forrester, CEO
Karen Anderson, CFO
Phil Clark, Investor Relations	[e-mail]
Stifel Nicolaus Europe Limited (Nominated Adviser and Corporate Broker)	Tel: [phone]
Matthew Blawat
Nicholas Harland
Harry Billen
Camarco	Tel: [phone]
Billy Clegg
Tom Huddart

Notes to Editors

Vertu Motors is the fourth largest automotive retailer in the UK with a network of 188 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 184 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

 

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