TIDMVTU
RNS Number : 3997O
Vertu Motors PLC
10 June 2022
10 June 2022
Vertu Motors plc
("Vertu Motors" or the "Company")
Transaction in Own Shares
Vertu Motors plc (AIM: VTU) announces that on 09 June 2022 , it
purchased 414,662 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 07 June 2022 as follows:
Date of purchase 09 June 2022
Number of ordinary shares purchased 414,662
Highest price paid per ordinary share 58.30 pence
Lowest price paid per ordinary share 57.50 pence
Volume weighted average price paid per ordinary 57.9527 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
353,066,612 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: 09 June 2022
Aggregate information:
Volume-weighted
Aggregated average price
Volume (pence) Venue
414,662 57.9527 London Stock Exchange
Individual Transactions:
4,635 57.80 pence 08:02 UK
10,027 57.80 pence 08:02 UK
124 57.50 pence 08:29 UK
149 57.50 pence 08:29 UK
146 57.50 pence 08:29 UK
1,172 57.50 pence 08:34 UK
7,524 57.50 pence 08:34 UK
4,526 57.50 pence 08:34 UK
4,589 57.50 pence 08:34 UK
4,589 57.50 pence 08:34 UK
4,526 57.50 pence 08:34 UK
4,589 57.50 pence 08:34 UK
1,952 57.50 pence 08:34 UK
7,163 57.50 pence 08:35 UK
8,500 57.50 pence 08:35 UK
451 57.50 pence 08:35 UK
8,947 58.30 pence 13:07 UK
8,947 58.30 pence 13:08 UK
1,325 58.30 pence 13:08 UK
2,034 58.30 pence 13:08 UK
5,588 58.30 pence 13:08 UK
7,607 58.30 pence 13:08 UK
8,947 58.30 pence 13:08 UK
4,248 58.30 pence 13:08 UK
2,357 58.30 pence 13:08 UK
532 57.90 pence 13:45 UK
2,245 57.90 pence 14:07 UK
6,871 57.90 pence 14:07 UK
228 57.90 pence 14:07 UK
7,749 57.90 pence 14:07 UK
878 57.90 pence 14:07 UK
261 57.90 pence 14:07 UK
878 57.90 pence 14:07 UK
261 57.90 pence 14:07 UK
2,625 57.90 pence 14:07 UK
2,959 57.90 pence 14:07 UK
3,271 57.90 pence 14:43 UK
5,383 57.90 pence 14:43 UK
3,733 57.90 pence 14:43 UK
557 57.90 pence 14:43 UK
2,726 57.90 pence 14:43 UK
5,833 57.90 pence 14:43 UK
2,558 57.90 pence 14:43 UK
452 57.90 pence 14:43 UK
1,773 58.00 pence 15:51 UK
333 58.00 pence 15:51 UK
331 58.00 pence 15:51 UK
59 58.00 pence 15:51 UK
2,413 58.00 pence 15:59 UK
6,426 58.00 pence 15:59 UK
8,835 58.00 pence 15:59 UK
4 58.00 pence 15:59 UK
1,295 58.00 pence 15:59 UK
4,236 58.00 pence 15:59 UK
125 58.00 pence 15:59 UK
345 58.00 pence 15:59 UK
4,133 58.00 pence 16:00 UK
3,510 58.00 pence 16:00 UK
5,329 58.00 pence 16:00 UK
1,557 58.00 pence 16:00 UK
7,280 58.00 pence 16:00 UK
2 58.00 pence 16:01 UK
232 58.00 pence 16:01 UK
8,839 58.00 pence 16:01 UK
4,356 58.00 pence 16:01 UK
8,839 58.00 pence 16:01 UK
4,356 58.00 pence 16:01 UK
8,839 58.00 pence 16:01 UK
4,356 58.00 pence 16:01 UK
8,839 58.00 pence 16:01 UK
772 58.00 pence 16:01 UK
2,586 58.00 pence 16:01 UK
180 57.80 pence 16:02 UK
7,500 57.90 pence 16:02 UK
8,811 57.90 pence 16:02 UK
5,175 58.00 pence 16:16 UK
1,710 58.00 pence 16:16 UK
1,680 58.00 pence 16:16 UK
212 58.00 pence 16:16 UK
1,469 58.00 pence 16:16 UK
5,549 58.00 pence 16:16 UK
1,469 58.00 pence 16:16 UK
1,647 58.00 pence 16:16 UK
2,160 58.00 pence 16:16 UK
1,416 58.00 pence 16:16 UK
1,464 58.00 pence 16:16 UK
6,242 58.00 pence 16:16 UK
1,297 58.00 pence 16:17 UK
1,429 58.00 pence 16:17 UK
9,003 58.00 pence 16:21 UK
17 58.00 pence 16:21 UK
2,692 58.00 pence 16:21 UK
6,102 58.00 pence 16:21 UK
3,167 58.00 pence 16:21 UK
2,903 58.00 pence 16:21 UK
2,933 58.00 pence 16:21 UK
5,532 58.00 pence 16:21 UK
2,256 58.00 pence 16:21 UK
1,023 58.00 pence 16:21 UK
8,514 58.00 pence 16:21 UK
489 58.00 pence 16:21 UK
8,811 58.00 pence 16:22 UK
935 58.00 pence 16:22 UK
2,792 58.00 pence 16:22 UK
5,276 58.00 pence 16:22 UK
5,039 58.00 pence 16:22 UK
2,037 58.00 pence 16:22 UK
948 58.00 pence 16:22 UK
8,055 58.00 pence 16:22 UK
5,140 58.00 pence 16:22 UK
9,003 58.00 pence 16:22 UK
4,192 58.00 pence 16:22 UK
1,037 58.00 pence 16:22 UK
2,694 58.00 pence 16:22 UK
For further information please contact:
Vertu Motors plc
Robert Forrester, CEO Tel: 0191 491 2111
Karen Anderson, CFO Tel: 0191 491 2112
Zeus Capital Limited Tel: 020 3829 5000
Jamie Peel
Andrew Jones
Dominic King
Camarco Tel: 020 3757 4983
Billy Clegg
Tom Huddart
Notes to Editors
Vertu Motors is the fifth largest automotive retailer in the UK
with a network of 160 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 156 franchised sales outlets and 4
non-franchised sales operations from 121 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
POSUKVRRUOUNRUR
(END) Dow Jones Newswires
June 10, 2022 02:01 ET (06:01 GMT)
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