Notification of Director’s interests
Helen Forrester, wife of CEO Robert Forrester, sold 2 million shares at 77.55p and 74.00p per share.
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The Company announces that it was notified on 27 June 2024 that Helen Forrester, the wife of Robert Forrester, CEO of the Company, had sold 2 million ordinary shares of 10p each in the Company ("Ordinary Shares"). The sales took place in two tranches of 1 million Ordinary Shares each over 26 and 27 June 2024 at a price of 77.55 pence and 74.00 pence per Ordinary Share respectively.
| Director | Beneficial holding of Ordinary Shares prior to the dealings above* | % of issued share capital prior to the dealings above* | Ordinary Shares disposed by Director | Resultant Beneficial holding of Ordinary Shares after the dealings above* | Resultant % of issued share capital after the dealings above* |
|---|---|---|---|---|---|
| Robert Forrester | 7,491,740 | 2.22% | 2,000,000 | 5,491,740 | 1.63% |
* includes shares held by persons closely associated with the Director.
The Company's issued share capital consists of 337,602,150 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | H ELEN FORRESTER |
| 2. | Reason for the notification | SALE OF SHARES |
| b) | Position/status | SPOUSE of ROBERT FORRESTER, CEO |
| c) | Initial notification/Amendment | INITIAL NOTIFICATION |
| d) | Name | VERTU MOTORS PLC |
| e) | LEI | 213800GIKJEIUIGMI575 |
| f) | Description of the financial instrument, type of instrument identification code Identification code | ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC GB00B1GK4645 |
| g) | Nature of the transaction | SALE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC |
| h) | Price(s) and volume(s) Price Volume(s) 0.7755 1,000,000 0.7400 1,000,000 | |
| i) | Aggregated information -Aggregated volume - Price | 2,000,000 shares 0.75775 |
| j) | Date of the transaction | 26 and 27 JUNE 2024 |
| k) | Place of transaction | LONDON STOCK EXCHANGE, AIM |
| Vertu Motors plc | Tel: +44 (0) 191 491 2121 | |
| Robert Forrester, CEO | ||
| Karen Anderson, CFO Phil Clark, Investor relations | PClark@vertumotors.com | |
| Stifel (Nominated Adviser and Broker) | Tel: +44 (0) 207 710 7688 | |
| Matthew Blawat | ||
| Nick Harland | ||
| Camarco | Tel: +44 (0) 203 757 4983 | |
Billy Clegg
Tom Huddart
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.