Vertu Motors

(LSE:VTU) Vertu Motors plc announced that Stephen Gould, Operations Director and a person discharging managerial responsibility (PDMR), sold 11,948 ordinary shares of 10p each in the company. The sale occurred on 27 October 2026 at a price of 87.3 pence per ordinary share. Prior to the transaction, Stephen Gould held a beneficial interest in 30,130 ordinary shares, representing 0.01% of the issued share capital. After the sale, his resultant beneficial holding is 18,182 ordinary shares, representing 0.01% of the issued share capital. The company's issued share capital consists of 309,905,460 ordinary shares with voting rights. The company does not hold any ordinary shares in treasury. The financial instrument involved is identified as ordinary shares of 10p each in Vertu Motors plc, with the identification code GB00B1GK4645. The transaction was conducted on the London Stock Exchange, AIM. The notification was made on 28 October 2026 and is classified as an initial notification. Vertu Motors plc's Legal Entity Identifier (LEI) is 213800GIKJEIUIGMI575. Vertu Motors is described as the fourth largest automotive retailer in the UK, operating a network of 196 sales outlets across the UK. The company was established in November 2006 with a strategy to consolidate the UK motor retail sector. The group intends to continue acquiring motor retail operations to grow a scaled dealership group, supplemented by a focused organic growth strategy to drive operational efficiencies through its national dealership network.

Notification of Director’s interests

Vertu Motors plc announced that David Crane, a director and COO of the Company, sold 14,040 ordinary shares of 10p each in the Company on 13 May 2026 at a price of 64.73 pence per share. Following the transaction, David Crane's beneficial holding decreased from 289,717 to 275,677 ordinary shares, representing 0.09% of the issued share capital both before and after the sale. The Company's issued share capital consists of 312,310,046 ordinary shares with voting rights. The sale was conducted on the London Stock Exchange, AIM. This notification is relevant for investors tracking director dealings and shareholding changes.

Business Interruption Insurance Settlement

Vertu Motors plc announced a successful settlement of its business interruption insurance claim related to the September 2025 cyber-attack on Jaguar Land Rover Limited, which had temporarily disrupted JLR vehicle supply and systems. The total claim recovery was agreed at £3.9 million, with a £0.5 million policy deductible, resulting in a net insurance recovery of £3.4 million. An interim payment of £1.0 million was previously notified. The full recovery will be recognised as underlying income for the year ended 28 February 2026. The Board now expects FY26 adjusted profit before tax to be ahead of the current market consensus of £21.6 million.