Vertu Regulatory News (VTU)

23 Jan 2008 12:05

Vertu Motors PLC23 January 2008 23rd January 2008 Vertu Motors plc ("Vertu" or the "Group") Analyst site visit Vertu Motors plc, the UK's 10th largest motor retail group, announces it ishosting a site visit for analysts today and tomorrow to the Group's Head Officeand local dealerships in and around Newcastle. The visit will include presentations by Vertu's management team and will allowthe analysts to view some of the Company's operational facilities. There willalso be an opportunity to meet other members of senior management and keyindividuals from various parts of the business. No material new financial information will be disclosed during the event. Ends - For further information please contact: Robert Forrester, CEO, Vertu Motors plc, Tel: 0191 206 4617 Andrew Kitchingman, Brewin Dolphin Securities, Tel: 0845 270 8613 Billy Clegg/Alex Beagley, Financial Dynamics, Tel: 020 7831 3113 Notes to editors Vertu Motors is the 10th largest motor retailer in the United Kingdom with 47dealerships forming a national network across England, operating under theBristol Street Motors and Motor Nation brands. Manufacturing partners includeCitroen, Ford, Iveco, Honda, Peugeot, Renault, Vauxhall, Fiat and Hyundai. Vertu Motors was established in November 2006 with the aim of consolidating theUK motor retail sector. The company listed on AIM in December 2006 and raised£25m. The Executive Directors are experienced within the sector, havingpreviously held senior positions within Reg Vardy and CD Bramall. In March 2007, the Group acquired the 13th largest motor retailer in the UnitedKingdom, Bristol Street Motors. In the summer of 2007, Vertu acquired BlakeHoldings, Grantham Motor Company Limited and a Ford dealership in Morpeth,Northumberland. It is intended that the Company will continue to acquire motor retail operationsin the form of franchised dealerships and used car only operations. TheCompany's acquisition strategy is supplemented by a focused organic growthstrategy 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