Notification of Director’s interests
Vertu Motors plc announced that director David Crane exercised options for 1,041,147 ordinary shares on May 13, 2026, which were then sold at 64.95 pence per share. This transaction resulted in no change to his beneficial holding of 289,717 ordinary shares, representing 0.09% of the issued share capital, which includes shares held by closely associated persons. The total issued share capital of the company is 312,310,046 ordinary shares.
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The Company announces that it was notified on 13 May 2026 that David Crane, a director of the Company, had exercised options over 1,041,147 ordinary shares of 10p each in the Company ("Ordinary Shares") on 13 May 2026, that were issued under either the Vertu Company Share Option Plan or 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 was also notified on 13 May 2026 that David Crane sold all of the 1,041,147 Ordinary Shares acquired. The sale took place on 13 May 2026 at a price of 64.95 pence per Ordinary Share.
| Director | Beneficial holding of Ordinary Shares prior to the dealings above* | % of issued share capital prior to the dealings above* | Ordinary Shares acquired by Director | Resultant Beneficial holding of Ordinary Shares after the dealings above* | Resultant % of issued share capital after the dealings above* |
|---|---|---|---|---|---|
| David Crane | 289,717 | 0.09 % | 0 | 289,717 | 0.09 % |
* includes shares held by persons closely associated with the Director.
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 | D AVID CRANE |
| 2. | Reason for the notification | ACQUISITION OF SHARES |
| b) | Position/status | C OO |
| 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 AND COMPANY SHARE OPTION PLAN, RESULTING IN THE TRANSFER OF SHARES FROM THE COMPANY'S EBT |
| h) | Price(s) and volume(s) Price Volume(s) NIL 541,147 0.496 300,000 0.3825 200,000 | |
| i) | Aggregated information -Aggregated volume - Price | NOT APPLICABLE - SINGLE TRANSACTIONS |
| j) | Date of the transaction | 13 MAY 2026 |
| k) | Place of transaction | OFF MARKET |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | D AVID CRANE |
| 2. | Reason for the notification | SALE OF SHARES |
| b) | Position/status | C OO |
| 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 AND COMPANY SHARE OPTION PLAN |
| h) | Price(s) and volume(s) Price Volume(s) 0.6495 1,041,147 | |
| i) | Aggregated information -Aggregated volume - Price | NOT APPLICABLE - SINGLE TRANSACTION |
| j) | Date of the transaction | 13 MAY 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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