TIDMVTU
RNS Number : 8046Q
Vertu Motors PLC
01 November 2021
01 November 2021
Vertu Motors plc
("Vertu Motors" or the "Company")
Transaction in Own Shares
Vertu Motors plc (AIM: VTU) announces that on 29 October 2021 ,
it purchased 429,255 ordinary shares of 10p each in the Company on
the London Stock Exchange (the "Repurchased Shares"), pursuant to
the share buyback programme (the "Buyback Programme") that was
announced on 20 August 2021 as follows:
Date of purchase 29 October 2021
Number of ordinary shares purchased 429,255
Highest price paid per ordinary share 61.00 pence
Lowest price paid per ordinary share 60.00 pence
Volume weighted average price paid per ordinary 60.4058 pence
share
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
364,965,685 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.
The Company will make further announcements in due course
following the completion of any further purchases pursuant to the
Buyback Programme .
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, Zeus Capital Limited, are set out below:
Schedule of Purchases:
Shares purchased: Vertu Motors plc (ISIN: GB00B1GK4645)
Date of purchases: 29 October 2021
Aggregate information:
Volume-weighted
average price
Aggregated Volume (pence) Venue
429,255 60.4058 London Stock Exchange
Individual
Transactions:
80,371 60.20 pence 08:00 UK
6,322 60.00 pence 08:00 UK
3,678 60.00 pence 08:00 UK
3,330 60.00 pence 08:00 UK
6,670 60.00 pence 08:01 UK
33 60.00 pence 08:29 UK
62 60.00 pence 08:29 UK
52 60.00 pence 08:29 UK
91 60.00 pence 08:29 UK
9,762 60.00 pence 09:37 UK
1,634 60.60 pence 11:25 UK
366 60.60 pence 11:25 UK
3,089 60.60 pence 11:26 UK
1,911 60.60 pence 11:26 UK
2,649 60.60 pence 11:26 UK
2,217 60.40 pence 11:35 UK
58 60.40 pence 11:35 UK
2,725 60.40 pence 11:35 UK
1,588 60.40 pence 11:35 UK
30 60.40 pence 11:35 UK
2,617 60.40 pence 11:35 UK
645 60.40 pence 11:45 UK
26 60.40 pence 11:45 UK
2,716 60.40 pence 11:48 UK
1,613 60.40 pence 11:50 UK
525 60.40 pence 11:51 UK
3,411 60.40 pence 11:52 UK
1,064 60.40 pence 11:52 UK
4,085 60.40 pence 11:56 UK
3,465 60.40 pence 11:59 UK
2,450 60.40 pence 12:02 UK
3,747 60.40 pence 12:06 UK
1,253 60.40 pence 12:06 UK
2,549 60.40 pence 12:10 UK
55 60.40 pence 12:10 UK
2,396 60.40 pence 12:10 UK
2,092 60.40 pence 12:11 UK
3,301 60.40 pence 12:14 UK
3,756 60.40 pence 12:18 UK
851 60.40 pence 12:18 UK
122 60.40 pence 12:21 UK
2,461 60.40 pence 12:24 UK
2,417 60.40 pence 12:25 UK
190 60.40 pence 13:34 UK
3,838 60.40 pence 13:37 UK
2,337 60.40 pence 13:38 UK
3,695 60.40 pence 13:41 UK
4,940 60.40 pence 13:41 UK
630 60.40 pence 13:42 UK
2,483 60.40 pence 13:44 UK
3,837 60.40 pence 13:47 UK
3,595 60.40 pence 13:49 UK
4,456 60.40 pence 13:53 UK
2,870 60.40 pence 13:55 UK
2,129 60.40 pence 13:55 UK
3,541 60.40 pence 14:31 UK
3,786 60.40 pence 14:33 UK
2,673 60.40 pence 14:33 UK
2,371 60.40 pence 14:56 UK
3,327 60.40 pence 14:57 UK
552 60.40 pence 14:57 UK
2,133 60.40 pence 14:57 UK
11,748 60.40 pence 14:58 UK
5,460 60.40 pence 14:58 UK
2,598 60.40 pence 14:58 UK
1,570 60.40 pence 14:58 UK
2,862 60.40 pence 14:58 UK
5,460 60.40 pence 14:58 UK
633 60.40 pence 14:59 UK
2,484 60.40 pence 14:59 UK
830 60.40 pence 14:59 UK
2,343 60.40 pence 14:59 UK
2,583 60.40 pence 15:01 UK
105 60.40 pence 15:01 UK
2,877 60.40 pence 15:01 UK
64 60.40 pence 15:01 UK
5,565 60.20 pence 15:25 UK
5,565 60.20 pence 15:25 UK
1,975 60.20 pence 15:25 UK
2,180 60.20 pence 15:29 UK
1,410 60.20 pence 15:30 UK
818 60.40 pence 15:39 UK
2,796 60.40 pence 15:40 UK
3,604 60.40 pence 15:42 UK
935 60.40 pence 15:43 UK
2,008 60.40 pence 15:43 UK
396 60.40 pence 15:43 UK
3,457 60.40 pence 15:43 UK
1,947 60.40 pence 15:43 UK
2,928 60.40 pence 15:45 UK
1,525 60.40 pence 15:45 UK
3,250 60.40 pence 15:46 UK
2,422 60.40 pence 15:47 UK
2,291 60.40 pence 15:47 UK
728 60.40 pence 15:47 UK
2,661 60.40 pence 15:48 UK
3,377 60.40 pence 15:48 UK
3,909 60.40 pence 15:48 UK
362 60.40 pence 15:48 UK
586 60.40 pence 15:48 UK
1,770 60.20 pence 15:48 UK
4,496 60.60 pence 16:09 UK
637 60.60 pence 16:09 UK
1,947 60.60 pence 16:09 UK
857 60.60 pence 16:09 UK
1,598 60.60 pence 16:09 UK
2,455 60.60 pence 16:09 UK
1,163 60.60 pence 16:09 UK
3,877 60.60 pence 16:11 UK
1,688 60.60 pence 16:11 UK
4,240 60.60 pence 16:11 UK
484 60.60 pence 16:11 UK
1,325 60.60 pence 16:11 UK
1,771 60.60 pence 16:12 UK
3,234 60.60 pence 16:12 UK
1,203 60.60 pence 16:12 UK
560 60.60 pence 16:12 UK
703 60.60 pence 16:15 UK
3,645 60.60 pence 16:15 UK
145 60.60 pence 16:15 UK
864 60.60 pence 16:15 UK
211 60.60 pence 16:15 UK
3,353 60.60 pence 16:16 UK
2,504 60.60 pence 16:16 UK
1,648 60.60 pence 16:16 UK
2,654 60.60 pence 16:17 UK
2,558 60.60 pence 16:18 UK
36 60.60 pence 16:19 UK
1,947 60.60 pence 16:20 UK
2,991 60.60 pence 16:20 UK
3,540 60.60 pence 16:20 UK
238 60.60 pence 16:20 UK
79 60.60 pence 16:21 UK
617 60.60 pence 16:22 UK
16 60.80 pence 16:23 UK
4,530 60.80 pence 16:23 UK
588 60.80 pence 16:23 UK
2,152 60.80 pence 16:24 UK
1,901 60.80 pence 16:24 UK
813 60.80 pence 16:25 UK
2,267 60.80 pence 16:27 UK
4,056 60.80 pence 16:27 UK
1,944 60.80 pence 16:27 UK
1,023 60.80 pence 16:27 UK
3,977 60.80 pence 16:27 UK
1,202 60.80 pence 16:28 UK
2,618 61.00 pence 16:28 UK
180 61.00 pence 16:28 UK
821 61.00 pence 16:28 UK
2,143 61.00 pence 16:28 UK
2,036 61.00 pence 16:29 UK
10,000 61.00 pence 16:36 UK
For further information please contact:
Vertu Motors plc Tel: 0191 491 2111
Robert Forrester, CEO Tel: 0191 491 2112
Karen Anderson, CFO
Tel: 020 3829 5000
Zeus Capital Limited
Jamie Peel
Andrew Jones
Dominic King
Tel: 020 3757 4983
Camarco
Billy Clegg
Tom Huddart
Notes to Editors
Vertu Motors is the fifth largest automotive retailer in the UK
with a network of 154 sales outlets across the UK. Its dealerships
operate predominantly under the Bristol Street Motors, Vertu and
Macklin Motors brand names.
Vertu Motors was established in November 2006 with the strategy
to consolidate the UK motor retail sector. It is intended that the
Group will continue to acquire motor retail operations to grow a
scaled dealership group. The Group's acquisition strategy is
supplemented by a focused organic growth strategy to drive
operational efficiencies through its national dealership network.
The Group currently operates 150 franchised sales outlets and 4
non-franchised sales operations from 118 locations across the
UK.
Vertu's Mission Statement is to "deliver an outstanding customer
motoring experience through honesty and trust".
Vertu Motors Group websites - investors.vertumotors.com /
www.vertucareers.com
Vertu brand websites - www.vertumotors.com /
www.bristolstreet.co.uk / www.macklinmotors.co.uk /
www.vertumotorcycles.com
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END
POSDKCBKOBDDFKB
(END) Dow Jones Newswires
November 01, 2021 03:00 ET (07:00 GMT)
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