Sign In
Last checked at 
19 Jul 2019 08:43
19 July 2019
Vertu Motors plc ("Vertu Motors" or "Company")
PDMR Share Dealings
Vertu Motors announces that it was notified on 17 July 2019, of the following acquisitions and disposals ("Dealings") in the Company's ordinary shares of 10p each ("Ordinary Shares") by Jatinder Aujla, a person discharging managerial responsibility in the Company.
Jatinder's beneficial holding of Ordinary Shares prior to the Dealings was 73,018 equating to 0.02% of the Company's issued capital. His beneficial holding of Ordinary Shares after the Dealings is 99,921 equating to 0.03% of the Company's issued capital.
Date of Dealing | Ordinary Shares acquired by PDMR |
Ordinary Shares disposed of by PDMR | Resultant Beneficial holding of Ordinary Shares after the Dealing* | Price per Ordinary Share (pence) |
10 October 2018 | 12,680 | 85,698 | 39.43 | |
11 October 2018 | 6,402 | 92,100 | 39.04 | |
11 October 2018 | 12,826 | 104,926 | 38.98 | |
16 October 2018 | 12,892 | 117,818 | 38.82 | |
17 October 2018 | 6,536 | 124,354 | 38.25 | |
18 October 2018 | 6,718 | 131,072 | 37.21 | |
23 October 2018 | 5,601 | 136,673 | 35.70 | |
18 February 2019 | 7,873 | 128,800 | 39.19 | |
20 February 2019 | 3,836 | 124,964 | 39.19 | |
1 July 2019 | 25,043 | 99,921 | 39.19 |
*includes shares held by the PDMR's PCAs.
The Company's issued share capital consists of 372,982,021 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
1. | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||||||||||||||||||||||||||
a) | Name | JATINDER AUJLA | |||||||||||||||||||||||||||||||||
2. | Reason for the notification | ACQUISITION OF SHARES | |||||||||||||||||||||||||||||||||
a) | Position/status | OEPRATIONS DIRECTOR | |||||||||||||||||||||||||||||||||
b) | Initial notification/Amendment | INITIAL NOTIFICATION | |||||||||||||||||||||||||||||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||||||||||||||||||||||||||
a) | Name | VERTU MOTORS PLC | |||||||||||||||||||||||||||||||||
b) | LEI | 213800GIKJEIUIGMI575 | |||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||
a) | Description of the financial instrument, type of instrument identification code
Identification code | ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC
GB00B1GK4645 | |||||||||||||||||||||||||||||||||
b) | Nature of the transaction | PURCHASE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC | |||||||||||||||||||||||||||||||||
c) | Price(s) and volume(s)
| ||||||||||||||||||||||||||||||||||
d) | Aggregated information
-Aggregated volume
- Price | NOT APPLICABLE - SINGLE TRANSACTIONS | |||||||||||||||||||||||||||||||||
e) | Date of the transactions | 10 October 2018 - 1 July 2019 | |||||||||||||||||||||||||||||||||
f) | Place of transaction | LONDON STOCK EXCHANGE, AIM | |||||||||||||||||||||||||||||||||
- Ends -
For further information please contact:
Vertu Motors plcRobert Forrester, CEOKaren Anderson, CFO | Tel: 0191 491 2111Tel: 0191 491 2112 |
Zeus Capital LimitedJamie Peel Andrew Jones Dominic King
| Tel: 020 3829 5000 |
Camarco Billy Clegg Tom Huddart | Tel: 020 3757 4983 |
Notes to Editors
Vertu Motors is the fifth largest automotive retailer in the UK with a network of 123 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 120 franchised sales outlets and 3 non-franchised sales operations from 104 locations across the UK.
Vertu's Mission Statement is to "deliver an outstanding customer motoring experience through honesty and trust".
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
Follow the stocks
