VERTU MOTORS PLC

Transaction in Own Shares • Nov 2, 2021

National Storage Mechanism | Additional information

RNS Number : 9896Q

Vertu Motors PLC

02 November 2021

02 November 2021

Vertu Motors plc

("Vertu Motors" or the "Company")

Transaction in Own Shares

Vertu Motors plc (AIM: VTU) announces that on 01 November 2021, it purchased 313,937 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	01 November 2021
Number of ordinary shares purchased	313,937
Highest price paid per ordinary share	61.00 pence
Lowest price paid per ordinary share	61.00 pence
Volume weighted average price paid per ordinary share	61.0000 pence

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 364,651,748 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:	01 November 2021

Aggregate information:

Aggregated Volume	Volume-weighted average price (pence)	Venue
313,937	61.00	London Stock Exchange

Individual Transactions:
407	61.00 pence	14:30 UK
4,439	61.00 pence	14:35 UK
4,030	61.00 pence	14:35 UK
11,166	61.00 pence	15:22 UK
10,000	61.00 pence	15:22 UK
5,600	61.00 pence	15:22 UK
4,712	61.00 pence	15:22 UK
5,288	61.00 pence	15:45 UK
5,600	61.00 pence	15:45 UK
5,250	61.00 pence	15:45 UK
60	61.00 pence	15:45 UK
66	61.00 pence	15:45 UK
69	61.00 pence	15:45 UK
10,000	61.00 pence	15:45 UK
5,600	61.00 pence	15:45 UK
5,250	61.00 pence	15:45 UK
7,910	61.00 pence	15:45 UK
2,090	61.00 pence	15:45 UK
5,600	61.00 pence	15:45 UK
869	61.00 pence	15:45 UK
4,381	61.00 pence	15:46 UK
10,000	61.00 pence	15:46 UK
5,600	61.00 pence	15:46 UK
12,264	61.00 pence	15:46 UK
7,276	61.00 pence	15:46 UK
10,479	61.00 pence	15:46 UK
1,906	61.00 pence	15:46 UK
2,170	61.00 pence	15:46 UK
1,174	61.00 pence	15:46 UK
10,000	61.00 pence	15:46 UK
3,826	61.00 pence	15:46 UK
1,774	61.00 pence	15:46 UK
5,250	61.00 pence	15:46 UK
249	61.00 pence	15:46 UK
5,000	61.00 pence	15:46 UK
2,253	61.00 pence	15:47 UK
2,080	61.00 pence	15:49 UK
418	61.00 pence	15:50 UK
1,455	61.00 pence	15:50 UK
1,733	61.00 pence	15:52 UK
2,412	61.00 pence	15:52 UK
5,250	61.00 pence	15:52 UK
10,000	61.00 pence	15:52 UK
9,427	61.00 pence	15:52 UK
10,536	61.00 pence	15:52 UK
2,375	61.00 pence	15:52 UK
1,733	61.00 pence	15:53 UK
3,867	61.00 pence	15:53 UK
4,317	61.00 pence	15:53 UK
933	61.00 pence	15:55 UK
811	61.00 pence	15:55 UK
9,189	61.00 pence	15:55 UK
5,600	61.00 pence	15:55 UK
5,250	61.00 pence	15:55 UK
21	61.00 pence	15:55 UK
2,056	61.00 pence	15:55 UK
2,436	61.00 pence	15:55 UK
268	61.00 pence	15:55 UK
5,600	61.00 pence	15:56 UK
1,248	61.00 pence	15:56 UK
1,906	61.00 pence	15:57 UK
2,096	61.00 pence	15:58 UK
5,600	61.00 pence	15:58 UK
10,839	61.00 pence	15:58 UK
6,465	61.00 pence	15:58 UK
5,250	61.00 pence	16:00 UK
5,600	61.00 pence	16:00 UK
1,882	61.00 pence	16:00 UK
2,165	61.00 pence	16:16 UK
1,203	61.00 pence	16:18 UK
1,835	61.00 pence	16:18 UK
1,734	61.00 pence	16:23 UK
738	61.00 pence	16:25 UK
1	61.00 pence	16:35 UK

For further information please contact:

Vertu Motors plc Robert Forrester, CEO Karen Anderson, CFO	Tel: 0191 491 2111 Tel: 0191 491 2112
Zeus Capital Limited Jamie Peel Andrew Jones Dominic King	Tel: 020 3829 5000
Camarco Billy Clegg Tom Huddart	Tel: 020 3757 4983

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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