EBT Share Purchase
Employee benefit trust acquired 359,413 ordinary shares at 66.2p per share on 29 October 2024.
- Shares acquired by EBT trustee 359,413
- Price per ordinary share 66.2075 pence
- EBT holding after acquisition 5,336,661 shares (1.60% of issued capital)
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Vertu Motors announces that it was notified on 29 October 2024 of the following acquisition ("Dealing") of the Company's ordinary shares of 10p each ("Ordinary Shares") by Ocorian Limited ("Trustee"), the trustee of the Company's employee benefit trust. The Dealing took place on 29 October 2024 at a price of 66.2075 pence per Ordinary Share.
| Beneficial holding of Ordinary Shares prior to the Dealing | % of issued share capital prior to the Dealing | Ordinary Shares acquired | Resultant Beneficial holding of Ordinary Shares after the Dealing | Resultant % of issued share capital after the Dealing | |
|---|---|---|---|---|---|
| Trustee | 4,977,248 | 1.49% | 359,413 | 5,336,661 | 1.60% |
The Company's issued share capital consists of 333,709,559 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 | OCORIAN LIMITED |
| 2. | Reason for the notification | ACQUISITION OF SHARES |
| a) | Position/status | EBT TRUSTEE |
| b) | Initial notification/Amendment | INITIAL NOTIFICATION |
| a) | Name | VERTU MOTORS PLC |
| b) | LEI | 213800GIKJEIUIGMI575 |
| 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) Price Volume(s) 0.662075 359,413 | |
| d) | Aggregated information -Aggregated volume - Price | n/a n/a |
| e) | Date of the transaction | 29 OCTOBER 2024 |
| f) | Place of transaction | LONDON STOCK EXCHANGE, AIM |
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