VERTU MOTORS PLC

Board/Management Information • Jan 2, 2024

National Storage Mechanism | Additional information

RNS Number : 2739Y

Vertu Motors PLC

02 January 2024

2 January 2024

Vertu Motors plc ("Vertu" or the "Group")

Directorate Change

Appointment of David Gillard as independent Non-Executive Director

Vertu Motors plc, the automotive retailer with a network of 192 sales outlets across the UK, is pleased to announce that, with effect from 2 January 2024, David James Gillard has joined the Board as an independent non-executive director.  

David is currently a Non-Executive Director and the Chair of Audit Committee at Bradford and Sons Limited, a builders' merchant, and was previously the Group Finance Director and Deputy to the Managing Partner at DAC Beachcroft LLP, the international law firm.  Earlier, David held a variety of senior finance positions in a number of organisations, operating across several sectors, in the U.K. and overseas.

David will sit as a member of the audit committee, nominations committee and remuneration committee. 

Andy Goss, Chairman of Vertu, said:

"We are extremely pleased to welcome David to the Vertu Board.  He will further add to the Group's significant financial expertise as his experience across a number of sectors and functions have given him a strong grounding across various aspects of financial governance.  I very much look forward to working with him."

David Gillard, incoming independent Non-executive Director, said:

"I am delighted to be joining the Board at Vertu, with its impressive range and depth of experience, at this exciting time for the Group and the sector in which it operates."

The following Information on David James Gillard (aged 61) is provided in accordance with AIM Rule 17 and Schedule Two (g) of the AIM Rules for Companies.

Current Directorships/Partnerships

Bradford and Sons Limited

Past Directorships/Partnerships in the last 5 years

DAC Beachcroft Services Limited - resigned 31 October 2021

DAC Beachcroft LLC (United States) - resigned 10 January 2021

DAC Beachcroft SLPU (Spain) - resigned 31 October 2019

David holds no shares in Vertu.

Save for the information above, there are no further disclosures to be made pursuant to Schedule Two (g) of the AIM Rules for Companies in respect of the appointment of David Gillard.

- Ends -

Vertu Motors plc		Tel: +44 (0) 191 491 2121
Robert Forrester, CEO
Karen Anderson, CFO Phil Clark, Investor Relations			P.Clark@vertumotors.com
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 192 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 188 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.vertumotorcyles.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

BOAFFFFLLVILIIS