Notification of PDMR interests
Vertu Motors plc announced that Leonardo Caruso, a person discharging managerial responsibility, exercised nil-cost options over 156,250 ordinary shares on April 9, 2026, under the Long Term Incentive Plan. These shares were transferred from the Company's Employee Benefit Trust. Subsequently, on April 10, 2026, Mr. Caruso sold all 156,250 acquired ordinary shares at a price of 61.65 pence per share. Following these transactions, Mr. Caruso's beneficial holding remains 15,420 ordinary shares, representing 0.00% of the issued share capital of 312,310,046 ordinary shares.
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The Company announces that it was notified on 9 April 2026 that Leonardo Caruso, a person discharging managerial responsibility in the Company, had exercised nil-cost options over 156,250 ordinary shares of 10p each in the Company ("Ordinary Shares") on 9 April 2026, that were issued 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.
The Company has also been notified that Leonardo Caruso sold all of the 156,250 Ordinary Shares acquired. The sale took place on 10 April 2026 at a price of 61.65 pence per Ordinary Share.
| 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 | 15,420 | 0.00 % | 0 | 15,420 | 0.00 % |
* includes shares held by persons closely associated with the PDMR.
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 | LEONARDO CARUSO |
| 2. | Reason for the notification | ACQUISITION OF SHARES |
| b) | Position/status | MANAGING 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 156,250 | |
| i) | Aggregated information -Aggregated volume - Price | NOT APPLICABLE - SINGLE TRANSACTION |
| j) | Date of the transaction | 9 APRIL 2026 |
| k) | Place of transaction | OFF MARKET |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | LEONARDO CARUSO |
| 2. | Reason for the notification | SALE OF SHARES |
| b) | Position/status | MANAGING 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 | SALE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC, RECEIVED PURSUANT TO THE COMPANY'S LONG TERM INCENTIVE PLAN |
| h) | Price(s) and volume(s) Price Volume(s) 0.6165 156,250 | |
| i) | Aggregated information -Aggregated volume - Price | NOT APPLICABLE - SINGLE TRANSACTION |
| j) | Date of the transaction | 10 APRIL 2026 |
| 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 | ||
| 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
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