Director/PDMR Shareholding

RNS Number : 0845N
Vertu Motors PLC
13 May 2015
 

13 May 2015

Vertu Motors plc ("Vertu Motors" or "Company")

Non-executive Chairman Share Purchase

Vertu Motors was informed today of the following dealing in the Company's ordinary shares by the Non-executive Chairman, Peter Jones ("the Dealing").  The Dealing took place on 13 May 2015 at a price of 58.8p per ordinary share of 10p each:


Beneficial holding of Ordinary Shares prior to the Dealing

% of share capital prior to the Dealing

Shares acquired

Resultant Beneficial holding of Ordinary Shares after the Dealing

Resultant % of share capital after the Dealing

Peter Jones

1,000,000

0.29

125,000

1,125,000

0.33

The Company's issued share capital consists of 340,907,585 Ordinary Shares with voting rights.  The Company does not hold any Ordinary shares in treasury.

- Ends -

 

For further information please contact:

 

Vertu Motors plc


 

Robert Forrester, CEO

Tel: 0191 491 2111

 

Michael Sherwin, FD

Tel: 0191 491 2114

 

Liberum

 

Peter Tracey

Tel: 020 3100 2000

 

Richard Crawley

 

Jamie Richards

 

Zeus Capital Limited

 

Adam Pollock

Tel: 020 7533 7727

 

Camarco

 

Billy Clegg

Tel: 020 3757 4983

 

Georgia Mann


 

Notes to Editors

Vertu Motors, the UK automotive retailer with a proven growth strategy, is the sixth largest automotive retailer in the UK with a network of 116 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 114 franchised sales outlets and 2 non-franchised sales operations from 96 locations across the UK.

Vertu Motors Group websites - www.vertumotors.com / www.vertucareers.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
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