Business
Director's Share Purchase
Director's Share Purchase.
About this update from Vertu Motors Plc
[{"type":"text","content":"\n \nRNS Number : 6705H Vertu Motors PLC 19 November 2018 \n\n19 November 2018\nVertu Motors plc (\"Vertu Motors\" or \"Company\")\nDirector's Share Purchase \nVertu Motors announces that it was notified on 16 November 2018, of the following acquisition (\"Dealing\") of beneficial interest in the Company's ordinary shares of 10p each (\"Ordinary Shares\") by Kenneth Lever, a director of the Company. The Dealing took place on 16 November 2018 at a price of 38.15p per Ordinary Share:\n\n\n\n \n \nDirector\n \n\n\nBeneficial holding of Ordinary Shares prior to the Dealing*\n\n\n% of issued share capital prior to the Dealing*\n\n\nOrdinary Shares acquired\n\n\nResultant beneficial holding of Ordinary Shares after the Dealing*\n\n\nResultant % of issued share capital after the Dealing*\n\n\n\n\nKenneth Lever\n\n\n40,800\n\n\n0.01\n\n\n60,000\n\n\n100,800\n\n\n0.03\n\n\n\n*includes shares held by the Director's PCAs.\nThe Company's issued share capital consists of 377,581,736 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury.\nNOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM\n \n\n\n\n1. \n\n\nDetails of the person discharging managerial responsibilities/person closely associated\n\n\n\n\na) \n\n\nName\n\n\nKENNETH LEVER\n\n\n\n\n2. \n\n\nReason for the notification\n\n\nACQUISITION OF SHARES\n\n\n\n\na) \n\n\nPosition/status\n\n\nNON-EXECUTIVE DIRECTOR\n\n\n\n\nb) \n\n\nInitial notification/Amendment\n\n\nINITIAL NOTIFICATION\n\n\n\n\n3. \n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na) \n\n\nName\n\n\nVERTU MOTORS PLC\n\n\n\n\nb) \n\n\nLEI\n\n\n213800GIKJEIUIGMI575\n\n\n\n\n4. \n\n\nDetails of transactions(s): section to be repeated for (i) each type of inst...