VERTU MOTORS PLC

AGM Information • Jun 25, 2024

National Storage Mechanism | Additional information

RNS Number : 7977T

Vertu Motors PLC

25 June 2024

25 June 2024

Vertu Motors plc ("Vertu Motors" or "Company")

Result of AGM

Vertu Motors plc, the UK automotive retailer with a network of 189 sales and aftersales outlets across the UK, announces that all resolutions put to shareholders at the Annual General Meeting held earlier today were duly passed and the proxy voting results are set out below.

		In Favour			Against			Withheld
Resolution		Votes	% age	Votes	% age	Votes
1	Annual Report and Accounts	155,735,623	99.74		402,800	0.26		615,354
2	Reappointment of Auditors	142,126,110	98.98		1,467,078	1.02		13,160,589
3	Auditors' Remuneration	156,689,379	99.97		43,633	0.03		20,765
4	Dividend	156,739,957	100		0	0		13,820
5	Election of David Gillard	156,126,790	99.61		613,167	0.39		13,820
6	Election of Jonathan Mewett	156,385,245	99.77		354,712	0.23		13,820
7	Re-election of David Crane	154,708,082	98.7		2,031,875	1.3		13,820
8	Remuneration Report	155,048,118	98.93		1,673,369	1.07		32,290
9	Authority to Allot	155,787,409	99.77		357,935	0.23		608,433
10	Disapplication of Pre-Emption	155,453,198	99.19		1,273,835	0.81		26,744
11	Pre-emption on Acquisitions	155,204,834	99.03		1,522,199	0.97		26,744
12	Purchase of Own Shares	156,051,168	99.63		586,689	0.37		115,920

- Ends -

For further information please contact:

Vertu Motors plc
Robert Forrester, CEO			0191 491 2121
Karen Anderson, CFO			0191 491 2121
Phil Clark, Investor relations			PClark@vertumotors.com
Stifel (Nominated Adviser and Broker)
Matthew Blawat			0207 710 7688
Nick Harland
Camarco
Billy Clegg			020 3757 4983
Tom Huddart
Notes to Editors
Vertu Motors is the fourth largest automotive retailer in the UK with a network of 189 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 185 franchised sales outlets and 4 non-franchised sales operations from 143 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

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