NOTIFICATION OF PDMR INTERESTS-VERTU MOTORS PLC

NOTIFICATION OF PDMR INTERESTS-VERTU MOTORS PLC

Notification of PDMR interests

The Company announces that it was notified on 16 May 2024 that Stephen Gould, a person discharging managerial responsibility in the Company, had exercised nil-cost options over 170,347 ordinary shares of 10p each in the Company ("Ordinary Shares") on 16 May 2024, that were issued in March 2020 under the Vertu Long Term Incentive Plan. The option exercise was satisfied via a transfer of Ordinary Shares from the Company's Employee Benefit Trust.

The Company has also been notified that Stephen Gould sold all of the 170,347 Ordinary Shares acquired.  The sale took place on 16 May 2024 at a price of 78.9 pence per Ordinary Share.

 

 

PDMR

Beneficial holding of Ordinary Shares prior to the dealings above*

% of issued share capital prior to the dealings above*

Ordinary Shares acquired by PDMR

Resultant Beneficial holding of Ordinary Shares after the dealings above*

Resultant % of issued share capital after the dealings above*

Stephen Gould

30,493

0.01%

0

30,493

0.01%

* includes shares held by persons closely associated with the PDMR.

The Company's issued share capital consists of 337,602,150 Ordinary Shares with voting rights.  The Company does not hold any Ordinary Shares in treasury.

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

STEPHEN GOULD

2.

Reason for the notification

ACQUISITION OF SHARES

b)

Position/status

OPERATIONS DIRECTOR

c)

Initial notification/Amendment

INITIAL NOTIFICATION

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

d)

Name

VERTU MOTORS PLC

e)

LEI

213800GIKJEIUIGMI575

4.

Details of transactions(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (vi) each place where transactions have been conducted

f)

Description of the financial instrument, type of instrument identification code

Identification code

ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC

GB00B1GK4645

g)

Nature of the transaction

EXERCISE OF OPTION OVER ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC, PURSUANT TO THE COMPANY'S LONG TERM INCENTIVE PLAN, RESULTING IN THE TRANSFER OF SHARES FROM THE COMPANY'S EBT

h)

Price(s) and volume(s)

Price

Volume(s)

NIL

170,347

i)

Aggregated information

-Aggregated volume

- Price

NOT APPLICABLE - SINGLE TRANSACTION

j)

Date of the transaction

16 MAY 2024

k)

Place of transaction

OFF MARKET

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

STEPHEN GOULD

2.

Reason for the notification

SALE OF SHARES

b)

Position/status

OPERATIONS DIRECTOR

c)

Initial notification/Amendment

INITIAL NOTIFICATION

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

d)

Name

VERTU MOTORS PLC

e)

LEI

213800GIKJEIUIGMI575

4.

Details of transactions(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (vi) each place where transactions have been conducted

f)

Description of the financial instrument, type of instrument identification code

Identification code

ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC

GB00B1GK4645

g)

Nature of the transaction

SALE OF ORDINARY SHARES OF 10p EACH IN VERTU MOTORS PLC, RECEIVED PURSUANT TO THE COMPANY'S LONG TERM INCENTIVE PLAN

h)

Price(s) and volume(s)

Price

Volume(s)

0.7890

170,347

i)

Aggregated information

-Aggregated volume

- Price

NOT APPLICABLE - SINGLE TRANSACTION

j)

Date of the transaction

  16 MAY 2024

k)

Place of transaction

LONDON STOCK EXCHANGE, AIM

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