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Appointment of Nominated Adviser and Joint Broker

12 Apr 2017 07:00

RNS Number : 2547C
Vertu Motors PLC
12 April 2017
 

12 April 2017

Vertu Motors plc ("Vertu Motors" or the "Group")

Appointment of Nominated Adviser and Joint Broker

 

Vertu Motors (AIM: VTU), the automotive retailer with a network of 124 sales outlets across the UK, is pleased to announce the appointment of Canaccord Genuity Limited as Nominated Adviser and Joint Broker with immediate effect. Zeus Capital will continue to act as Joint Broker to the Company.

 

For further information please contact:

Vertu Motors plcRobert Forrester, CEOMichael Sherwin, CFO

Tel: 0191 491 2111Tel: 0191 491 2112

Canaccord Genuity Limited

Bruce GarrowChris ConnorsRichard Andrews

Tel: 020 7523 8000

 

Zeus Capital LimitedDominic King

Tel: 020 3829 5000

 

Camarco

Billy Clegg

Georgia Edmonds

 

Tel: 020 3757 4983

Notes to Editors

Vertu Motors, the UK automotive retailer with a proven growth strategy, is the fifth largest automotive retailer in the UK with a network of 124 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 121 franchised sales outlets and 3 non-franchised sales operations from 104 locations across the UK.

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

Vertu brand websites - www.bristolstreet.co.uk / www.vertuhonda.com / www.vertutoyota.com / www.macklinmotors.co.uk / www.farnelllandrover.com / www.farnelljaguar.com / www.vertuvolkswagen.com / www.vertumercedes-benz.com

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