Notification of PDMR interests
Leonardo Caruso, Operations Director, exercised nil-cost options over 236,220 ordinary shares.
- Ordinary shares acquired 236,220
- Resultant beneficial holding 248,871
- Resultant % of issued share capital 0.08%
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The Company announces that it was notified on 7 March 2025 that Leonardo Caruso, a person discharging managerial responsibility in the Company, had exercised nil-cost options over 236,220 ordinary shares of 10p each in the Company ("Ordinary Shares") on 7 March 2025, that were issued in March 2021 under the Vertu Long Term Incentive Plan. The option exercise was satisfied via a transfer of Ordinary Shares from the Company's Employee Benefit Trust.
| PDMR | Beneficial holding of Ordinary Shares prior to the dealings above* | % of issued share capital prior to the dealings above* | Ordinary Shares acquired by PDMR | Resultant Beneficial holding of Ordinary Shares after the dealings above* | Resultant % of issued share capital after the dealings above* |
|---|---|---|---|---|---|
| Leonardo Caruso | 12,651 | 0.00 % | 236,220 | 248,871 | 0.08 % |
* includes shares held by persons closely associated with the PDMR.
The Company's issued share capital consists of 329,447,673 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 | LEONARDO CARUSO |
| 2. | Reason for the notification | ACQUISITION OF SHARES |
| b) | Position/status | OPERATIONS DIRECTOR |
| 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 | EXERCISE OF OPTION OVER ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC, PURSUANT TO THE COMPANY'S LONG TERM INCENTIVE PLAN, RESULTING IN THE TRANSFER OF SHARES FROM THE COMPANY'S EBT |
| h) | Price(s) and volume(s) Price Volume(s) NIL 236,220 | |
| i) | Aggregated information -Aggregated volume - Price | NOT APPLICABLE - SINGLE TRANSACTION |
| j) | Date of the transaction | 7 MARCH 2025 |
| k) | Place of transaction | OFF MARKET |
| Vertu Motors plc | Tel: +44 (0) 191 491 2121 | |
| Robert Forrester, CEO | ||
| Karen Anderson, CFO Phil Clark, Investor Relations | ||
| Stifel (Nominated Adviser and Broker) | Tel: +44 (0) 207 710 7688 | |
| Matthew Blawat | ||
| Nick Harland | ||
| Camarco | Tel: +44 (0) 203 757 4980 | |
Billy Clegg
Tom Huddart
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.