11 Apr 2008 14:00
Vertu Motors PLC11 April 2008 11th April 2008 Vertu Motors plc ("Vertu") Notice of Results Vertu Motors plc, the 10th largest UK motor retailer, will be reportingPreliminary Results for the year ended 29th February 2008 on Wednesday 14th May2008. A meeting for analysts will be held at 9:30am on Wednesday 14th May 2008 at theoffices of Financial Dynamics, 26 Southampton Buildings, London, WC2A 1PB. - Ends- For further information, call: Billy Clegg/Alex Beagley, Financial Dynamics 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 Bristol Street Motor Nation brands. Manufacturingpartners include Citroen, Ford, Iveco, Honda, Peugeot, Renault, Vauxhall, FiatCommercials 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. 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. In March 2008 the Group opened a new Bristol Street Motor Nationoutlet in Doncaster. 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