VERTU MOTORS PLC

Transaction in Own Shares • Mar 27, 2025

National Storage Mechanism | Additional information

RNS Number : 3897C

Vertu Motors PLC

27 March 2025

27 March 2025
Vertu Motors plc
("Vertu Motors" or the "Company")
Transaction in Own Shares
Vertu Motors plc (AIM: VTU) announces that on 26 March 2025 it purchased 90,000 ordinary shares of 10p each in the Company (the "Repurchased Shares"), pursuant to the share buyback programme (the "Buyback Programme") that was announced on 06 February 2025, as follows (together the "Transaction"):
Date of purchase		26 March 2025
Number of ordinary shares purchased		90,000
Highest price paid per ordinary share		52.0500 pence
Lowest price paid per ordinary share		51.7000 pence
Volume weighted average price paid per ordinary share		51.8917 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 328,506,098 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. Since the Group began Share Buybacks in October 2018, over £36.5m has been returned to shareholders, reducing the Company's shares in issue by 17.3% over the same period.
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, Stifel Nicolaus Europe Limited ("Stifel"), are set out below:
Schedule of Purchases:
Shares purchased:	Vertu Motors plc (ISIN: GB00B1GK4645)
Date of purchases:	26 March 2025
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
90,000	51.8917 pence	London Stock Exchange
Individual transactions:
40,000	52.0000 pence	10:45 UK
35,000	51.7000 pence	12:05 UK
15,000	52.0500 pence	15:17 UK
Vertu Motors plc		Tel: +44 (0) 191 491 2121
Robert Forrester, CEO
Karen Anderson, CFO Phil Clark, Investor Relations
Stifel (Nominated Adviser and Broker)		Tel: +44 (0) 207 710 7688
Matthew Blawat
Nick Harland
Camarco		Tel: +44 (0) 203 757 4980
Billy Clegg
Tom Huddart
Notes to Editors
Vertu Motors is the fourth largest automotive retailer in the UK with a network of 200 sales outlets across the UK. Its dealerships operate predominantly under the Bristol Street Motors and Vertu 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 197 franchised sales outlets and 3 non-franchised sales operations from 155 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.vertumotorcycles.com

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