Notice of AGM and Annual Report

RNS Number : 8223T

Vertu Motors PLC

23 July 2020

 

23 July 2020

Vertu Motors plc

("Vertu Motors" or the "Company")

Notice of AGM and Annual Report

Vertu Motors (AIM: VTU), the automotive retailer with a network of 133 sales and aftersales outlets across the UK, announces that its Annual General Meeting ("AGM") will be held as a closed meeting at the registered offices of the Company at Vertu House, Fifth Avenue Business Park, Team Valley, Gateshead, Tyne and Wear, NE11 0XA at 10.00am on 20 August 2020.

The Company has been closely monitoring the evolving situation relating to the outbreak of Coronavirus (COVID-19), including the current guidance and restrictions from the UK Government on travel and public gatherings and social distancing. The priority of the Company's Board at this time is the health, safety and wellbeing of all Shareholders, Directors and colleagues.

Shareholders are therefore asked not to attend this year's Annual General Meeting in person which will be run as a closed meeting. Should you have any questions of the Board, please email them to [e-mail]. The Company will make arrangements for a quorum to be present to transact the formal business of the meeting as set out in the Notice of Annual General Meeting.  The Company will continue to closely monitor the situation in the lead up to the Annual General Meeting and will make any further updates about the meeting arrangements on its website at investors.vertumotors.com.

Copies of the Group's Annual Report and Accounts and the Notice of AGM are being dispatched to those shareholders who have requested hard copy documents and are available on the Group's website at investors.vertumotors.com.

For further information please contact:

Vertu Motors plc
Robert Forrester, CEO	Tel: [phone]
Karen Anderson, CFO	Tel: [phone]
Zeus Capital Limited
Jamie Peel Andrew Jones Dominic King	Tel: [phone]
Camarco
Billy Clegg Tom Huddart	Tel: [phone]

Notes to Editors

Vertu Motors is the fifth largest automotive retailer in the UK with a network of 133 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 130 franchised sales outlets and 3 non-franchised sales operations from 110 locations across the UK.

Vertu's Mission Statement is to "deliver an outstanding customer motoring experience through honesty and trust".

Vertu Motors Group websites - 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.farnelllandrover.com / www.farnelljaguar.com / www.vertuvolkswagen.com   / www.vertumercedes-benz.com

 

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