Transaction in Own Shares

Summary by AI BETAClose X

Vertu Motors plc has announced a transaction in its own shares, purchasing 55,794 ordinary shares on July 2, 2026, as part of its ongoing buyback program. The shares were acquired at a volume-weighted average price of 75.378 pence, with the highest price paid being 75.480 pence and the lowest 75.100 pence. Following the cancellation of these repurchased shares, the total number of ordinary shares with voting rights will be 311,240,346. Since July 2017, Vertu Motors has returned over £47.3 million to shareholders through its buyback initiatives, reducing its shares in issue by 21.7%.

Disclaimer*

Vertu Motors PLC
03 July 2026
 

03 July 2026




Vertu Motors plc

 




("Vertu Motors" or the "Company")





Transaction in Own Shares

 

 

 



Vertu Motors plc (AIM: VTU) announces that on 02 July 2026 it purchased 55,794 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

02 July 2026

Number of ordinary shares purchased

55,794

Highest price paid per ordinary share

75.480 pence

Lowest price paid per ordinary share

75.100 pence

Volume weighted average price paid per ordinary share

75.378 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 311,240,346 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 £47.3m has been returned to shareholders, reducing the Company's shares in issue by 21.7% 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:        

02 July 2026







Aggregate information:

 







Aggregated Volume

Volume-weighted
average price (pence)

Venue

 

 55,794

75.378

London Stock Exchange





Individual transactions:

 

 



 27,000

 11,294

 17,500

 

 

 

 

75.480

75.100

75.400

 

 

13.17 UK

13.40 UK

10.48 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 190 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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Vertu Motors (VTU)
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