Transaction in Own Shares
Vertu Motors PLC has announced the purchase of 193,977 ordinary shares between October 12th and October 16th, 2026, as part of its ongoing share buyback program. The volume-weighted average price paid for these shares was approximately 83.5 pence, with the highest price paid being 85.000 pence and the lowest at 82.700 pence. Following the cancellation of these repurchased shares, the total number of ordinary shares with voting rights will be 309,905,460. Since July 2017, Vertu Motors has returned over £48.4 million to shareholders through its buyback initiatives, reducing its shares in issue by 22.0%.
Select text to share a quote on X · sign in to keep highlights & notes in your VTU notes
Vertu Motors plc (AIM: VTU) announces that it purchased 193,977 ordinary shares of 10p each in the Company (the “Repurchased Shares”), in the period from 12 October 2026 to 16 October 2026 pursuant to the share buyback programme (the “Buyback Programme”) that was announced on 05 March 2026, as follows (together the “Transaction”):
Aggregate Information:
| Date | Volume | Highest price paid (pence) | Lowest price paid (pence) | Volume-weighted average price (pence) | Venue |
|---|---|---|---|---|---|
| 12-Oct-26 | 24,000 | 83.000 | 83.000 | 83.000 | XLON |
| 13-Oct-26 | 52,623 | 83.000 | 82.970 | 82.984 | XLON |
| 14-Oct-26 | 62,354 | 83.000 | 82.700 | 82.880 | XLON |
| 15-Oct-26 | 55,000 | 85.000 | 85.000 | 85.000 | XLON |
Application will be made for the Repurchased Shares to be cancelled. Following the cancellation of the Repurchased Shares, the total number of ordinary shares with voting rights will be 309,905,460 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Vertu Motors under the FCA's Disclosure Guidance and Transparency Rules. The Company holds no shares in treasury. Since the Group began Share Buybacks in July 2017, over £48.4m has been returned to shareholders, reducing the Company’s shares in issue by 22.0% over the same period.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own ordinary shares by Vertu Motors, which were all executed through the Company’s broker, Shore Capital Stockbrokers Limited ("Shore Capital"), are set out below:
Schedule of Purchases:
| Shares purchased: | Vertu Motors plc (ISIN: GB00B1GK4645) | |||
|---|---|---|---|---|
| Individual transactions: | ||||
| Date | Volume | Price per share (pence) | Venue | Time of Transaction |
| 12-Oct-26 | 6,000 | 83.000 | XLON | 13:53 |
| 12-Oct-26 | 18,000 | 83.000 | XLON | 16:28 |
| 13-Oct-26 | 25,000 | 83.000 | XLON | 10:30 |
| 13-Oct-26 | 27,623 | 82.970 | XLON | 11:11 |
| 14-Oct-26 | 25,000 | 83.000 | XLON | 11:31 |
| 14-Oct-26 | 16,000 | 82.700 | XLON | 12:30 |
| 14-Oct-26 | 21,354 | 82.880 | XLON | 14:27 |
| 15-Oct-26 | 15,000 | 85.000 | XLON | 09:47 |
| 15-Oct-26 | 15,000 | 85.000 | XLON | 13:08 |
| 15-Oct-26 | 25,000 | 85.000 | XLON | 16:22 |
| 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.