3 June 2013
Vertu Motors plc
Disposal of Heavy Trucks business
Vertu Motors plc, the fast growing automotive retailer with a network of 92 sales and aftersales outlets across the UK, announces that, further to its announcement made on 13 May 2013, it has completed the sale of the trade and certain assets of its three heavy truck operations, which comprise the Iveco sales and aftersales outlets in Bristol, Swindon and Gloucester, to Aquila Truck Centres (Italia) Limited, a wholly owned subsidiary of Aquila Group (UK) Limited.
For further information please contact:
Vertu Motors plc
Robert Forrester, CEO Tel: 0191 491 2111
Michael Sherwin, FD Tel: 0191 491 2114
Panmure Gordon (UK) Limited
Hugh Morgan Tel: 020 7886 2500
Callum Stewart
Adam Pollock
Espirito Santo Investment Bank
Peter Tracey
Jamie Richards Tel: 020 7456 9191
FTI Consulting
Billy Clegg Tel: 020 7 269 7170
Notes to Editors
Vertu Motors is a fast growing automotive retailer with a network of 92 sales and aftersales outlets across the UK. Its dealerships operate predominantly under the Bristol Street Motors, Vertu Honda and Macklin Motors brand names. Manufacturer partners are Alfa Romeo, Chrysler Jeep, Citroen, Fiat, Ford, Honda, Hyundai, Mazda, Nissan, Peugeot, Renault/Dacia, SEAT, Suzuki, Vauxhall and Volvo.
Vertu Motors was established in November 2006 and listed on AIM in December 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 91 franchised sales outlets and 1 non-franchised sales operation from 74
locations across the UK.
Vertu Motors group websites - www.vertumotors.com / www.vertucareers.com
Vertu Motors brand websites - www.bristolstreet.co.uk / www.vertuhonda.com / www.macklinmotors.co.uk
