EBT Share Purchase
Vertu Motors plc announced that its employee benefit trust, through its trustee Ocorian Limited, acquired 285,000 ordinary shares at 60.03 pence per share on March 17, 2026. This transaction increased the trustee's beneficial holding to 3,510,480 shares, representing 1.12% of the company's issued share capital of 312,310,046 ordinary shares. These shares are held for the purposes of the employee benefit trust, including the Long Term Incentive Plan for executive directors and other PDMRs.
Select text to share a quote on X · sign in to keep highlights & notes in your VTU notes
Vertu Motors announces that it was notified on 17 March 2026 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 17 March 2026 at a price of 60.03 pence per Ordinary Share.
| Trustee | 3,225,480 | 1.03% | 285,000 | 3,510,480 | 1.12% |
The Company's issued share capital consists of 312,310,046 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) 0.6003 285,000 | |
| d) | Aggregated information -Aggregated volume - Price | n/a n/a |
| e) | Date of the transaction | 17 MARCH 2026 |
| f) | 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 | ||
| Stifel (Nominated Adviser and Joint Broker) | Tel: +44 (0) 207 710 7688 | |
| Matthew Blawat | ||
| Callum Stewart | ||
| Shore Capital (Joint Broker) | Tel: +44 (0) 20 7408 4090 | |
| Mark Percy / Sophie Collins (Corporate Advisory) | ||
| Isobel Jones (Corporate Broking) | ||
| 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.