VERTU MOTORS PLC

Transaction in Own Shares • Jul 14, 2022

National Storage Mechanism | Additional information

RNS Number : 3998S

Vertu Motors PLC

14 July 2022

14 July 2022

Vertu Motors plc

("Vertu Motors" or the "Company")

Transaction in Own Shares

Vertu Motors plc (AIM: VTU) announces that on 13 July 2022, it purchased 159,771 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	13 July 2022
Number of ordinary shares purchased	159,771
Highest price paid per ordinary share	56.90 pence
Lowest price paid per ordinary share	55.90 pence
Volume weighted average price paid per ordinary share	56.3656 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 349,966,232 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:	13 July 2022

Aggregate information:

Aggregated Volume	Volume-weighted average price (pence)	Venue
159,771	56.3656	London Stock Exchange

1,666	56.90 pence	09:58 UK
3,173	56.90 pence	09:58 UK
9,561	56.90 pence	09:58 UK
415	56.90 pence	10:11 UK
3,996	56.90 pence	10:11 UK
4,324	56.90 pence	10:11 UK
3,996	56.90 pence	10:11 UK
8,735	56.90 pence	10:11 UK
3,984	56.90 pence	10:11 UK
980	56.90 pence	10:11 UK
3,170	56.90 pence	10:11 UK
2,300	56.40 pence	11:32 UK
13,471	56.40 pence	11:32 UK
1,316	56.30 pence	13:12 UK
2	56.30 pence	13:12 UK
969	56.30 pence	13:27 UK
2	56.30 pence	13:27 UK
8	56.30 pence	13:30 UK
2,000	56.30 pence	13:30 UK
82	56.30 pence	13:30 UK
4,366	56.30 pence	13:30 UK
3,037	56.30 pence	13:30 UK
5,708	56.30 pence	13:30 UK
5,708	56.30 pence	13:30 UK
3,037	56.30 pence	13:30 UK
3,037	56.30 pence	13:30 UK
2,519	56.30 pence	13:30 UK
423	56.30 pence	13:30 UK
2,766	56.30 pence	13:30 UK
1,182	56.30 pence	13:30 UK
4,600	56.30 pence	13:30 UK
2,963	56.30 pence	13:30 UK
2,963	56.30 pence	13:30 UK
3,312	56.30 pence	13:30 UK
38	56.00 pence	15:06 UK
8,312	56.00 pence	15:06 UK
336	56.00 pence	15:06 UK
1,307	56.00 pence	15:06 UK
4,700	56.00 pence	15:06 UK
2,007	56.00 pence	15:06 UK
2,007	56.00 pence	15:06 UK
4,457	56.00 pence	15:06 UK
892	56.00 pence	15:06 UK
944	56.00 pence	15:07 UK
73	55.90 pence	15:59 UK
119	55.90 pence	15:59 UK
598	55.90 pence	16:00 UK
5,710	55.90 pence	16:13 UK
5,857	55.90 pence	16:13 UK
643	55.90 pence	16:13 UK
5,712	55.90 pence	16:13 UK
1,308	55.90 pence	16:13 UK
841	55.90 pence	16:13 UK
41	55.90 pence	16:13 UK
4,098	55.90 pence	16:13 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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