VERTU MOTORS PLC

Transaction in Own Shares • Dec 18, 2023

National Storage Mechanism | Additional information

RNS Number : 0553X

Vertu Motors PLC

18 December 2023

18 December 2023
Vertu Motors plc
("Vertu Motors" or the "Company")
Transaction in Own Shares
Vertu Motors plc (AIM: VTU) announces that on 15 December 2023 it purchased 912,423 ordinary shares of 10p each in the Company (the "Repurchased Shares"), pursuant to the share buyback programme (the "Buyback Programme") that was announced on 9 October 2023, as follows (together the "Transaction"):
Date of purchase		15 December 2023
Number of ordinary shares purchased		912,423
Highest price paid per ordinary share		70 pence
Lowest price paid per ordinary share		69.6 pence
Volume weighted average price paid per ordinary share		69.9787 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 338,434,868 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 ("Zeus"), are set out below:
Schedule of Purchases:
Shares purchased:	Vertu Motors plc (ISIN: GB00B1GK4645)
Date of purchases:	15 December 2023
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
912,423	69.9787	London Stock Exchange
Individual transactions:
5,804	70.00 pence	10:31 UK
7,350	70.00 pence	10:31 UK
4,908	70.00 pence	10:31 UK
46,442	70.00 pence	10:31 UK
19,998	70.00 pence	10:39 UK
2	70.00 pence	10:39 UK
20,000	70.00 pence	10:40 UK
4,141	70.00 pence	10:40 UK
3,156	70.00 pence	10:40 UK
5,242	70.00 pence	10:41 UK
7,461	70.00 pence	10:48 UK
20,000	70.00 pence	10:50 UK
4,256	70.00 pence	10:50 UK
15,744	70.00 pence	10:50 UK
4,002	70.00 pence	10:50 UK
15,998	70.00 pence	10:51 UK
4,009	70.00 pence	10:51 UK
15,991	70.00 pence	10:51 UK
34,009	70.00 pence	10:51 UK
4,413	70.00 pence	10:51 UK
2,886	70.00 pence	10:51 UK
506	70.00 pence	10:51 UK
12,195	70.00 pence	10:51 UK
7,805	70.00 pence	10:51 UK
2,000	70.00 pence	10:51 UK
5,662	70.00 pence	10:52 UK
5,582	70.00 pence	10:52 UK
559	70.00 pence	10:52 UK
6,197	70.00 pence	10:52 UK
20,000	70.00 pence	10:52 UK
2,576	70.00 pence	10:52 UK
978	70.00 pence	10:52 UK
4,632	70.00 pence	10:52 UK
3,375	69.60 pence	10:53 UK
21,625	69.60 pence	13:15 UK
110	69.60 pence	13:15 UK
809	69.60 pence	13:15 UK
25	69.60 pence	13:15 UK
1,721	69.60 pence	13:15 UK
1,155	69.60 pence	13:15 UK
195	69.60 pence	14:00 UK
6,797	70.00 pence	14:30 UK
10,000	70.00 pence	14:30 UK
964	70.00 pence	14:30 UK
24,036	70.00 pence	14:30 UK
2,893	70.00 pence	14:30 UK
2,000	70.00 pence	14:30 UK
20,107	70.00 pence	14:30 UK
1,911	70.00 pence	14:30 UK
2,129	70.00 pence	14:30 UK
2,000	70.00 pence	14:30 UK
18,960	70.00 pence	14:31 UK
2,391	70.00 pence	14:31 UK
2,000	70.00 pence	14:31 UK
20,609	70.00 pence	14:31 UK
29,391	70.00 pence	14:31 UK
7,205	70.00 pence	14:31 UK
5,778	70.00 pence	14:31 UK
12,017	70.00 pence	14:31 UK
9,805	70.00 pence	14:31 UK
4,124	70.00 pence	14:31 UK
11,071	70.00 pence	14:31 UK
5,229	70.00 pence	14:31 UK
964	70.00 pence	14:31 UK
18,604	70.00 pence	14:31 UK
110	69.70 pence	15:02 UK
24,890	69.70 pence	15:02 UK
1,001	69.70 pence	15:02 UK
31	69.70 pence	15:02 UK
57	70.00 pence	15:55 UK
188	70.00 pence	15:55 UK
6,381	70.00 pence	15:55 UK
1,066	70.00 pence	15:55 UK
1,231	70.00 pence	15:55 UK
57	70.00 pence	15:55 UK
1,135	70.00 pence	15:55 UK
1,020	70.00 pence	15:55 UK
3,103	70.00 pence	15:56 UK
999	70.00 pence	15:56 UK
60	70.00 pence	16:00 UK
17,395	70.00 pence	16:00 UK
1,416	70.00 pence	16:00 UK
23,584	70.00 pence	16:00 UK
1,214	70.00 pence	16:00 UK
6,774	70.00 pence	16:00 UK
1,049	70.00 pence	16:00 UK
1,446	70.00 pence	16:00 UK
98	70.00 pence	16:00 UK
102	70.00 pence	16:00 UK
239	70.00 pence	16:00 UK
14,078	70.00 pence	16:00 UK
5,067	70.00 pence	16:01 UK
2,538	70.00 pence	16:01 UK
133,671	70.00 pence	16:11 UK
97,919	70.00 pence	16:37 UK
Vertu Motors plc		Tel: +44 (0) 191 491 2121
Robert Forrester, CEO
Karen Anderson, CFO Phil Clark, Investor Relations
Zeus (Nominated Adviser and Broker)		Tel: +44 (0) 203 829 5000
Jamie Peel
Andrew Jones
Dominic King
Camarco		Tel: +44 (0) 203 757 4983
Billy Clegg
Tom Huddart
Notes to Editors
Vertu Motors is the fourth largest automotive retailer in the UK with a network of 195 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 191 franchised sales outlets and 4 non-franchised sales operations from 145 locations across the UK.
Vertu's Mission Statement is to "deliver an outstanding customer motoring experience through honesty and trust".
Vertu Motors Group websites - https://investors.vertumotors.com / www.vertucareers.com Vertu brand websites - www.vertumotors.com / www.bristolstreet.co.uk / www.vertuhonda.com / www.vertutoyota.com / www.macklinmotors.co.uk / www.vertumotorcycles.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POSFFFFWIEDSEIE