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Vertu Motors plc announced on 09 July 2025 that it was notified on 08 July 2025 of share acquisitions by two Persons Discharging Managerial Responsibility (PDMRs). On 07 July 2025, Operations Directors Stephen Gould and Colin Kent each purchased 2,853 ordinary shares at a price of 63.086p per share, pursuant to the Company's Share Incentive Plan.
| Date | 9 Jul 2025 |
| Time | 07:01:00 |
| Category | Director/PDMR dealings |
| ID | 2562Q |
09 July 2025
Vertu Motors plc ("Vertu Motors" or "Company")
PDMR Share Purchases
Vertu Motors announces that it was notified on 08 July 2025 of the following acquisitions ("Dealings") in the Company's ordinary shares of 10p each ("Ordinary Shares") by persons discharging managerial responsibility in the Company. The Dealings took place on 07 July 2025 pursuant to the Company's Share Incentive Plan at a price of 63.086p per Ordinary Share.
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PDMR |
Beneficial holding of Ordinary Shares prior to the Dealing* |
% of issued share capital prior to the Dealing* |
Ordinary Shares acquired by PDMR |
Resultant Beneficial holding of Ordinary Shares after the Dealing* |
Resultant % of issued share capital after the Dealing* |
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Stephen Gould |
32,714 |
0.01% |
2,853 |
35,567 |
0.01% |
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Colin Kent |
449,251 |
0.14% |
2,853 |
452,104 |
0.14% |
*includes shares held by the PDMR's PCAs.
The Company's issued share capital consists of 323,419,030 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
STEPHEN GOULD |
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2. |
Reason for the notification |
ACQUISITION OF SHARES |
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a) |
Position/status |
OPERATIONS DIRECTOR |
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b) |
Initial notification/Amendment |
INITIAL NOTIFICATION |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
VERTU MOTORS PLC |
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b) |
LEI |
213800GIKJEIUIGMI575 |
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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 |
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a) |
Description of the financial instrument, type of instrument identification code
Identification code |
ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
GB00B1GK4645 |
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b) |
Nature of the transaction |
PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC, PURSUANT TO THE COMPANY'S SHARE INCENTIVE PLAN |
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c) |
Price(s) and volume(s)
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d) |
Aggregated information
-Aggregated volume
- Price |
NOT APPLICABLE - SINGLE TRANSACTION |
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e) |
Date of the transaction |
07 JULY 2025 |
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f) |
Place of transaction |
LONDON STOCK EXCHANGE, AIM |
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1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
COLIN KENT |
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2. |
Reason for the notification |
ACQUISITION OF SHARES |
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a) |
Position/status |
OPERATIONS DIRECTOR |
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b) |
Initial notification/Amendment |
INITIAL NOTIFICATION |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
VERTU MOTORS PLC |
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b) |
LEI |
213800GIKJEIUIGMI575 |
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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 |
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a) |
Description of the financial instrument, type of instrument identification code
Identification code |
ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
GB00B1GK4645 |
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b) |
Nature of the transaction |
PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC, PURSUANT TO THE COMPANY'S SHARE INCENTIVE PLAN |
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c) |
Price(s) and volume(s)
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d) |
Aggregated information
-Aggregated volume
- Price |
NOT APPLICABLE - SINGLE TRANSACTION |
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e) |
Date of the transaction |
07 JULY 2025 |
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f) |
Place of transaction |
LONDON STOCK EXCHANGE, AIM |
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- ENDS -
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Vertu Motors plc |
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Tel: +44 (0) 191 491 2121 |
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Robert Forrester, CEO |
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Karen Anderson, CFO |
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Phil Clark, Investor Relations |
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Stifel (Nominated Adviser and Joint Broker) |
Tel: +44 (0) 207 710 7688 |
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Matthew Blawat |
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Nick Harland |
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Shore Capital (Joint Broker) |
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Tel: +44 (0) 20 7408 4090 |
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Mark Percy / Sophie Collins (Corporate Advisory) |
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Isobel Jones (Corporate Broking) |
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Camarco |
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Tel: +44 (0) 203 757 4980 |
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Billy Clegg |
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Tom Huddart |
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Notes to Editors |
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Vertu Motors is the fourth largest automotive retailer in the UK with a network of 197 sales outlets across the UK. |
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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 195 franchised sales outlets and 2 non-franchised sales operations from 153 locations across the UK. |
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Vertu's Mission Statement is to "deliver an outstanding customer motoring experience through honesty and trust". |
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Vertu Motors Group websites - https://investors.vertumotors.com / www.vertucareers.com |
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