Transaction in Own Shares

Summary by AI BETAClose X

Vertu Motors plc has announced a transaction in its own shares, purchasing 106,866 ordinary shares on 26 May 2026 as part of its ongoing buyback programme. The shares were acquired at a volume-weighted average price of 62.902 pence, with the highest price paid being 63.300 pence and the lowest at 62.800 pence. Following the cancellation of these repurchased shares, the total number of ordinary shares with voting rights will be 311,960,680. Since the inception of its share buyback programme in July 2017, Vertu Motors has returned over £46.8 million to shareholders, reducing its shares in issue by 21.5%.

Disclaimer*

Vertu Motors PLC
27 May 2026
 

27 May 2026




Vertu Motors plc

 




("Vertu Motors" or the "Company")





Transaction in Own Shares

 

 

 



Vertu Motors plc (AIM: VTU) announces that on 26 May 2026 it purchased 106,866 ordinary shares of 10p each in the Company (the "Repurchased Shares"), pursuant to the share buyback programme (the "Buyback Programme") that was announced on 05 March 2026, as follows (together the "Transaction"):                          





Date of purchase

26 May 2026

Number of ordinary shares purchased

106,866

Highest price paid per ordinary share

63.300 pence

Lowest price paid per ordinary share

62.800 pence

Volume weighted average price paid per ordinary share

62.902 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 311,960,680 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 July 2017, over £ 46.8m has been returned to shareholders, reducing the Company's shares in issue by 21.5% 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, Shore Capital Stockbrokers Limited ("Shore Capital"), are set out below:





Schedule of Purchases: 

 



Shares purchased:        

Vertu Motors plc (ISIN: GB00B1GK4645)

Date of purchases:        

 26th May 2026







Aggregate information:

 







Aggregated Volume

Volume-weighted
average price (pence)

Venue

 

 106,866

  62.902

London Stock Exchange





Individual transactions:

 

 



21,866

85,000

 

63.300

62.800

 




 

16:10 UK

15:04 UK




















Vertu Motors plc

 

 

 

 

Tel: +44 (0) 191 491 2121

Robert Forrester, CEO


Karen Anderson, CFO

Phil Clark, Investor Relations


 

 



Stifel (Nominated Adviser and Joint Broker)

Tel: +44 (0) 207 710 7688

Matthew Blawat



Callum Stewart






Shore Capital (Joint Broker)


Tel: +44 (0) 20 7408 4090

Mark Percy / Sophie Collins (Corporate Advisory)



Isobel Jones (Corporate Broking)








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 191 sales outlets across the UK.

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.

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 

 

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Companies

Vertu Motors (VTU)
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