Transaction in Own Shares-VERTU MOTORS PLC

Transaction in Own Shares-VERTU MOTORS PLC

Transaction in Own Shares

 

Vertu Motors plc (AIM: VTU) announces that on 19 July 2023 it purchased 386,061 ordinary shares of 10p each in the Company (the "Repurchased Shares"), pursuant to the share buyback programme (the "Buyback Programme") that was announced on 13 June 2023, as follows (together the "Transaction"):  

Date of purchase

19 July 2023

Number of ordinary shares purchased

386,061

Highest price paid per ordinary share

70 pence

Lowest price paid per ordinary share

70 pence

Volume weighted average price paid per ordinary share

70 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 343,762,753 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:        

19 July 2023

Aggregate information:

 

Aggregated Volume

Volume-weighted
average price (pence)

Venue

 

386,061

70

London Stock Exchange

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