Business
Board Changes
Board Changes.
About this update from Vertu Motors Plc
[{"type":"text","content":"\n \nRNS Number : 4833R Vertu Motors PLC 01 March 2019 \n\n1 March 2019\nVertu Motors plc (\"Vertu Motors\" or the \"Company\")\n \nBoard Appointment\n \nFurther to the announcement of Directorate changes made on 13 December 2018, Vertu Motors plc, the automotive retailer with a network of 125 sales outlets across the UK, is pleased to confirm the appointment of Karen Anderson (aged 47), as Chief Financial Officer and as a Director of the Company with immediate effect. Michael Sherwin has stepped down as CFO and director of the Company from the same date. \n \nThe Company also announces that Karen Anderson has stepped down as Company Secretary with effect from 1 March 2019 and been replaced by Nicola Loose, who will take up the role in addition to her current role as the Company's General Counsel. \n \nThe following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:\n \nKaren, together with her PCAs, holds 848,312 ordinary shares of 10p each in the Company (\"Ordinary Shares\") and 930,000 share options over Ordinary Shares. As part of the Company's long-term incentive plan (\"LTIP\"), Karen has been granted 222,331 share options over Ordinary Shares which have not yet vested and remain subject to certain performance criteria.\n \nKaren holds, or has held in the past 5 years, the directorships and partnerships that are listed below:\n \n\n\n\nCurrent Directorships or Partnerships:\n\n\nPrevious Directorships or Partnerships:\n\n\n\n\nAceparts Limited\n\n\nAlpha Ilford\n\n\n\n\nAlbert Farnell Limited\n\n\nSeton House Manchester Limited\n\n\n\n\nAll Car Parts Limited\nBest 4 Vans Limited\n\n\nAlpha Shirley\nDispose Seton (No 2)\n\n\n\n\nBlacks Autos Limited\n\n\nMotor Parks Limited\n\n\n\n\nBlake Holdings Limited\n\n\nAlpha Birmingham\n\n\n\n\nBoydslaw 103 Limited\n\n\nAlpha Nottingham\n\n\n\n\nBristol Street Limited\nBristol Street Commercials (Italia) Limited\n\n\nAlpha Bromley\nAlpha Jessups Limited\n\n\n\n\nBristol Street Fifth Investments Limited\n\n\nAlpha Leeds\n\n\n\n\nBristol Street First Investments Limited\n\n\nAlpha Huddersfield\n\n\n\n\nBristol Street Fleet Services Limited\nBristol Street Fourth Investments Limited\n\n\nAlpha Banbury\nAlpha Southampton\n\n\n\n\nBristol Street Group Limited\nBristol Street (No.1) Limi...