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LONDON - Two operations directors at UK automotive retailer Vertu Motors plc (AIM:VTU) have purchased shares through the company’s Share Incentive Plan, according to a regulatory filing released Wednesday.
Stephen Gould acquired 2,853 ordinary shares at 63.086 pence per share on July 7, increasing his beneficial holding to 35,567 shares, which represents approximately 0.01% of the company’s issued share capital.
In the same transaction, Colin Kent also purchased 2,853 ordinary shares at the same price, bringing his total beneficial holding to 452,104 shares, equivalent to about 0.14% of the company’s issued share capital.
The transactions were executed on the London Stock Exchange (LON:LSEG)’s AIM market as part of Vertu Motors’ Share Incentive Plan.
Vertu Motors, which describes itself as the fourth largest automotive retailer in the UK, operates 197 sales outlets across the country, including 195 franchised sales outlets and 2 non-franchised sales operations from 153 locations.
The company’s issued share capital consists of 323,419,030 ordinary shares with voting rights, with no shares held in treasury.
The information was disclosed in accordance with regulatory requirements for transactions by persons discharging managerial responsibilities, as stated in the company’s press release.
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