TIDMVTU
RNS Number : 4212R
Vertu Motors PLC
06 July 2022
06 July 2022
Vertu Motors plc
("Vertu Motors" or the "Company")
Transaction in Own Shares
Vertu Motors plc (AIM: VTU) announces that on 05 July 2022 , it
purchased 186,199 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 05 July 2022
Number of ordinary shares purchased 186,199
Highest price paid per ordinary share 54.00 pence
Lowest price paid per ordinary share 53.30 pence
Volume weighted average price paid per ordinary 53.7691 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
350,393,965 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: 05 July 2022
Aggregate information:
Volume-weighted
Aggregated average price
Volume (pence) Venue
186,199 53.7691 London Stock Exchange
Individual Transactions:
104 54.00 pence 08:29 UK
103 54.00 pence 08:29 UK
54 54.00 pence 08:29 UK
2,700 54.00 pence 08:59 UK
3,585 54.00 pence 08:59 UK
1,160 54.00 pence 08:59 UK
5,386 54.00 pence 08:59 UK
8,438 54.00 pence 08:59 UK
922 54.00 pence 08:59 UK
1,402 54.00 pence 08:59 UK
923 54.00 pence 09:04 UK
923 54.00 pence 09:04 UK
923 54.00 pence 09:04 UK
923 54.00 pence 09:05 UK
152 54.00 pence 09:05 UK
378 54.00 pence 09:09 UK
148 54.00 pence 09:09 UK
1,254 54.00 pence 09:09 UK
2,217 54.00 pence 09:13 UK
3,075 54.00 pence 09:13 UK
3,075 54.00 pence 09:13 UK
2,294 54.00 pence 09:13 UK
1,177 54.00 pence 09:16 UK
2,456 54.00 pence 09:16 UK
3,633 54.00 pence 09:16 UK
412 54.00 pence 09:16 UK
45 54.00 pence 09:16 UK
412 54.00 pence 09:16 UK
1,254 54.00 pence 09:16 UK
1,511 54.00 pence 09:16 UK
3,781 54.00 pence 09:16 UK
1,379 54.00 pence 09:16 UK
7,500 53.90 pence 09:22 UK
2,500 53.90 pence 09:22 UK
3,600 53.90 pence 09:32 UK
2,833 53.90 pence 09:32 UK
2 53.90 pence 09:32 UK
123 53.90 pence 09:32 UK
380 53.90 pence 09:32 UK
2,199 53.90 pence 09:32 UK
3,729 53.90 pence 09:32 UK
2,704 53.90 pence 09:32 UK
124 53.90 pence 09:32 UK
1,574 53.90 pence 09:32 UK
2,732 53.90 pence 12:30 UK
4,400 53.90 pence 12:40 UK
282 53.90 pence 12:41 UK
1,102 53.90 pence 12:51 UK
416 53.90 pence 12:51 UK
6,200 53.90 pence 12:51 UK
66 53.90 pence 12:51 UK
2,783 53.90 pence 12:51 UK
927 53.90 pence 12:51 UK
2,490 53.90 pence 12:53 UK
2,044 53.90 pence 12:53 UK
2,846 53.90 pence 12:53 UK
927 53.90 pence 12:57 UK
383 53.90 pence 12:57 UK
544 53.90 pence 12:57 UK
6,200 53.90 pence 12:57 UK
1,300 53.90 pence 12:57 UK
1,479 53.90 pence 12:57 UK
4,721 53.90 pence 12:57 UK
2,779 53.90 pence 12:57 UK
2,440 53.90 pence 12:57 UK
3,760 53.90 pence 12:57 UK
1,911 53.90 pence 12:57 UK
197 53.30 pence 13:06 UK
4,682 53.30 pence 13:15 UK
2,121 53.30 pence 13:15 UK
4,682 53.30 pence 13:15 UK
2,121 53.30 pence 13:15 UK
4,879 53.30 pence 13:15 UK
7,000 53.30 pence 13:15 UK
5,137 53.30 pence 13:15 UK
1,527 53.30 pence 13:15 UK
336 53.30 pence 13:15 UK
1,628 53.30 pence 13:19 UK
4,142 53.30 pence 13:23 UK
1,230 53.30 pence 13:23 UK
4,236 53.30 pence 14:11 UK
2,115 53.30 pence 14:11 UK
649 53.30 pence 14:11 UK
2,702 53.30 pence 14:11 UK
616 53.30 pence 14:11 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
POSUVRNRUAUBRAR
(END) Dow Jones Newswires
July 06, 2022 02:00 ET (06:00 GMT)
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