Director/PDMR Shareholding

Vertu Motors PLC

16 October 2024

 

16 October 2024

Vertu Motors plc

(the "Company")

Notification of PDMR interests

The Company announces that it was notified on 16 October 2024 that Michelle O'Brien, the wife of Anthony Masterson, a person discharging managerial responsibility in the Company, has purchased 12,914 ordinary shares of 10p each in the Company ("Ordinary Shares").  The purchase took place on 16 October 2024 at a price of 61.85 pence per Ordinary Share.

PDMR	Beneficial holding of Ordinary Shares prior to the dealings above*	% of issued share capital prior to the dealings above*	Ordinary Shares acquired by PDMR	Resultant Beneficial holding of Ordinary Shares after the dealings above*	Resultant % of issued share capital after the dealings above*
Anthony Masterson	59,633	0.02%	12,914	72,547	0.02%

* includes shares held by persons closely associated with the PDMR.

The Company's issued share capital consists of 334,263,508 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	MICHELLE O'BRIEN
2.	Reason for the notification	PURCHASE OF SHARES
b)	Position/status	SPOUSE of ANTHONY MASTERSON
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 instrument, type of instrument identification code Identification code	ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC GB00B1GK4645
g)	Nature of the transaction	PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
h)	Price(s) and volume(s) Price Volume(s) 0.6185 12,914
i)	Aggregated information -Aggregated volume - Price	NOT APPLICABLE - SINGLE TRANSACTION
j)	Date of the transaction	16 OCTOBER 2024
k)	Place of transaction	LONDON STOCK EXCHANGE, AIM

- ENDS -

For further information please contact:

Vertu Motors plc
Robert Forrester, CEO	Tel: [phone]
Karen Anderson, CFO Phil Clark, Investor relations	Tel: [phone] [e-mail]
Stifel
Matthew Blawat Nick Harland	Tel: [phone]
Camarco
Billy Clegg Tom Huddart	Tel: [phone]

Notes to Editors

Vertu Motors is the fourth largest automotive retailer in the UK with a network of 193 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 190 franchised sales outlets and 3 non-franchised sales operations from 145 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

 

END