Notification of PDMR interests
Vertu Motors plc announced that Colin Kent, Operations Director, exercised nil-cost options over 156,250 ordinary shares on June 3, 2026, under the Long Term Incentive Plan, with the shares transferred from the Company's Employee Benefit Trust. Subsequently, on June 4, 2026, Mr. Kent sold all 156,250 acquired ordinary shares at a price of 71.9359 pence per share. His beneficial holding of ordinary shares, including those held by closely associated persons, remains 452,104, representing 0.14% of the issued share capital, which consists of 311,926,880 ordinary shares.
Select text to share a quote on X · sign in to keep highlights & notes in your VTU notes
The Company announces that it was notified on 3 June 2026 that Colin Kent, 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 3 June 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 was also notified on 4 June 2026 that Colin Kent sold all of the 156,250 Ordinary Shares acquired. The sale took place on 4 June 2026 at a price of 71.9359 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* |
|---|---|---|---|---|---|
| Colin Kent | 452,104 | 0.14 % | 0 | 452,104 | 0.14 % |
* includes shares held by persons closely associated with the PDMR.
The Company's issued share capital consists of 311,926,880 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 | COLIN KENT |
| 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 156,250 | |
| i) | Aggregated information -Aggregated volume - Price | NOT APPLICABLE - SINGLE TRANSACTION |
| j) | Date of the transaction | 3 JUNE 2026 |
| k) | Place of transaction | OFF MARKET |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | COLIN KENT |
| 2. | Reason for the notification | SALE 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 | 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) 0.719359 156,250 | |
| i) | Aggregated information -Aggregated volume - Price | NOT APPLICABLE - SINGLE TRANSACTION |
| j) | Date of the transaction | 4 JUNE 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
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.