Vertu Motors PLC
11 April 2008
11th April 2008
Vertu Motors plc ('Vertu')
Notice of Results
Vertu Motors plc, the 10th largest UK motor retailer, will be reporting
Preliminary Results for the year ended 29th February 2008 on Wednesday 14th May
2008.
A meeting for analysts will be held at 9:30am on Wednesday 14th May 2008 at the
offices of Financial Dynamics, 26 Southampton Buildings, London, WC2A 1PB.
- Ends-
For further information, call:
Billy Clegg/Alex Beagley, Financial Dynamics 020 7831 3113
Notes to editors
Vertu Motors is the 10th largest motor retailer in the United Kingdom with 47
dealerships forming a national network across England, operating under the
Bristol Street Motors and Bristol Street Motor Nation brands. Manufacturing
partners include Citroen, Ford, Iveco, Honda, Peugeot, Renault, Vauxhall, Fiat
Commercials and Hyundai.
Vertu Motors was established in November 2006 with the aim of consolidating the
UK motor retail sector. The company listed on AIM in December 2006 and raised
£25m. The Executive Directors are experienced within the sector, having
previously held senior positions within Reg Vardy.
In March 2007, the Group acquired the 13th largest motor retailer in the United
Kingdom, Bristol Street Motors. In the summer of 2007, Vertu acquired Blake
Holdings, Grantham Motor Company Limited and a Ford dealership in Morpeth,
Northumberland. In March 2008 the Group opened a new Bristol Street Motor Nation
outlet in Doncaster.
It is intended that the Company will continue to acquire motor retail operations
in the form of franchised dealerships and used car only operations. The
Company's acquisition strategy is supplemented by a focused organic growth
strategy to drive operational efficiencies through the national network.
www.vertumotors.com
This information is provided by RNS
The company news service from the London Stock Exchange
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