Change of Joint Corporate Broker

RNS Number : 6967P

Vertu Motors PLC

04 October 2013

 



4 October 2013                                     

Vertu Motors plc ("the Group")

 Change of Joint Corporate Broker

The Group announces that Liberum Capital has been appointed to replace Espirito Santo Investment Bank as joint corporate broker, alongside Panmure Gordon which continues to act as joint corporate broker, NOMAD and financial adviser to the Group.

The Group will announce its Half Year results on 16th October 2013.

For further information please contact:

Vertu Motors plc
Robert Forrester, CEO	Tel: [phone]
Michael Sherwin, FD	Tel: [phone]
Panmure Gordon (UK) Limited
Hugh Morgan	Tel: [phone]
Callum Stewart
Liberum Capital Limited
Peter Tracey Simon Stilwell	Tel: [phone]
FTI Consulting
Billy Clegg	Tel: [phone]

George Parker

Notes to Editors

Vertu Motors is the sixth largest automotive retailer in the UK with a network of 97 sales and aftersales outlets across the UK.  Its dealerships operate predominantly under the Bristol Street Motors, Vertu Honda, Vertu Volkswagen, Farnell land Rover 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 95 franchised sales outlets and 2 non-franchised sales operation from 79 locations across the UK. Vertu Motors group websites - www.vertumotors.com / www.vertucareers.com

Vertu Motors brand websites - www.bristolstreet.co.uk / www.vertuhonda.com / www.macklinmotors.co.uk / www.farnelllandrover.com / www.vertuvolkswagen.com

 

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