EBT Share Purchase
Employee benefit trust acquired 1,057,741 ordinary shares at 67.50 pence per share.
- Shares acquired 1,057,741
- Price per share 67.4976 pence
- EBT holding after dealing 7,874,310 shares (2.36% of issued capital)
- Total acquisition cost £713,696
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Vertu Motors announces that it was notified on 5 November 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 5 November 2024 at a price of 67.4976 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 | 6,816,569 | 2.04% | 1,057,741 | 7,874,310 | 2.36% |
The Company's issued share capital consists of 333,275,181 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) 0.674976 1,057,741 | |
| d) | Aggregated information -Aggregated volume - Price | n/a n/a |
| e) | Date of the transaction | 5 NOVEMBER 2024 |
| f) | Place of transaction | LONDON STOCK EXCHANGE, AIM |
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