VERTU MOTORS PLC

Transaction in Own Shares • Jun 9, 2022

National Storage Mechanism | Additional information

RNS Number : 2403O

Vertu Motors PLC

09 June 2022

09 June 2022

Vertu Motors plc

("Vertu Motors" or the "Company")

Transaction in Own Shares

Vertu Motors plc (AIM: VTU) announces that on 08 June 2022, it purchased 393,329 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	08 June 2022
Number of ordinary shares purchased	393,329
Highest price paid per ordinary share	58.00 pence
Lowest price paid per ordinary share	57.20 pence
Volume weighted average price paid per ordinary share	57.8425 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 353,481,274 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:	08 June 2022

Aggregate information:

Aggregated Volume	Volume-weighted average price (pence)	Venue
393,329	57.8425	London Stock Exchange

Individual Transactions:
300	57.60 pence	08:00 UK
51	57.60 pence	08:00 UK
7,242	57.60 pence	08:00 UK
1,717	57.60 pence	08:11 UK
5,876	57.60 pence	08:13 UK
103	57.60 pence	08:13 UK
1,381	57.60 pence	08:13 UK
8,000	58.00 pence	09:05 UK
3,308	58.00 pence	09:12 UK
827	58.00 pence	09:12 UK
6,027	58.00 pence	09:14 UK
2,800	58.00 pence	09:15 UK
8,800	58.00 pence	09:15 UK
6,159	58.00 pence	09:16 UK
27	58.00 pence	09:16 UK
3,480	58.00 pence	09:16 UK
572	58.00 pence	09:16 UK
8,677	57.60 pence	09:16 UK
4,452	57.60 pence	09:17 UK
1,036	57.60 pence	09:17 UK
336	57.60 pence	09:17 UK
1,294	57.60 pence	10:42 UK
25,000	57.75 pence	11:31 UK
1,502	57.60 pence	11:42 UK
57	57.60 pence	11:42 UK
2,650	57.60 pence	11:42 UK
4,209	57.60 pence	11:42 UK
4,209	57.60 pence	11:42 UK
1,818	57.60 pence	11:42 UK
2,803	57.60 pence	11:42 UK
1,559	57.60 pence	11:42 UK
595	57.60 pence	11:42 UK
340	57.60 pence	11:42 UK
3,380	57.60 pence	11:42 UK
1,083	57.60 pence	11:42 UK
4,053	57.20 pence	11:42 UK
854	57.30 pence	12:33 UK
9,122	57.30 pence	12:33 UK
702	57.30 pence	12:33 UK
1,990	57.30 pence	12:33 UK
1,794	57.30 pence	12:33 UK
1,076	57.30 pence	12:33 UK
3,560	57.30 pence	12:33 UK
2,674	57.70 pence	13:54 UK
6,169	57.70 pence	13:54 UK
3,135	57.70 pence	13:54 UK
2,290	57.70 pence	14:35 UK
2,581	57.70 pence	14:35 UK
9,226	57.80 pence	16:14 UK
2,917	57.80 pence	16:20 UK
2,474	57.90 pence	16:26 UK
6,752	57.90 pence	16:26 UK
2,006	57.90 pence	16:26 UK
7,220	57.90 pence	16:26 UK
18,327	57.90 pence	16:27 UK
9,226	57.90 pence	16:27 UK
4,149	57.90 pence	16:27 UK
4,887	57.90 pence	16:27 UK
190	57.90 pence	16:28 UK
869	58.00 pence	16:28 UK
12,146	58.00 pence	16:28 UK
869	58.00 pence	16:28 UK
12,146	58.00 pence	16:28 UK
869	58.00 pence	16:28 UK
12,146	58.00 pence	16:28 UK
869	58.00 pence	16:28 UK
12,146	58.00 pence	16:28 UK
869	58.00 pence	16:28 UK
12,146	58.00 pence	16:28 UK
869	58.00 pence	16:28 UK
12,146	58.00 pence	16:28 UK
869	58.00 pence	16:28 UK
12,146	58.00 pence	16:28 UK
869	58.00 pence	16:28 UK
12,146	58.00 pence	16:28 UK
869	58.00 pence	16:28 UK
12,146	58.00 pence	16:28 UK
719	58.00 pence	16:28 UK
12,146	58.00 pence	16:28 UK
3,332	57.90 pence	16:28 UK
9,226	57.90 pence	16:28 UK
3,877	57.90 pence	16:28 UK
1,267	57.90 pence	16:28 UK
3,811	57.90 pence	16:29 UK
5,988	57.90 pence	16:29 UK
271	57.90 pence	16:29 UK
4,381	57.90 pence	16:29 UK
2,132	57.90 pence	16:29 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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