Business
Notification of Directors' and PDMRs' interests
Notification of Directors' and PDMRs' interests.
About this update from Vertu Motors Plc
[{"type":"text","content":"\n \n \n 7 March 2023\n \n \n \n Vertu Motors plc\n \n \n \n \n (the \"Company\")\n \n \n \n \n Notification of Directors' and PDMRs' interests\n \n \n \n \n \n \n The Company announces that the Company made grants of nil-cost options over ordinary shares of 10p each in the Company (\"Ordinary Shares\") to\n directors of, and persons discharging managerial responsibility in, the Company\n (\"Options\")\n .\n The Options were made under the Partnership Share Scheme, part of the Company's Long Term Incentive Plan, and are a percentage of target earnings calculated using the Company's closing share price at the date prior to the date of grant. The Options were issued on 6 March 2023 as detailed below: \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Director\n \n \n \n \n \n \n Number of Ordinary Shares subject to the Options\n \n \n \n \n \n \n \n \n \n Resultant number of Ordinary Shares subject to options\n \n \n \n \n \n \n \n \n \n Beneficial holding of Ordinary Shares excluding options\n \n \n \n \n \n \n \n \n \n \n Robert Forrester\n \n \n \n \n 484,772\n \n \n \n \n 1,446,661\n \n \n \n \n 7,486,575\n \n \n \n \n \n \n David Crane\n \n \n \n \n 272,727\n \n \n \n \n 1,313,874\n \n \n \n \n 465,479\n \n \n \n \n \n \n Karen Anderson\n \n \n \n \n 272,727\n \n \n \n \n 1,313,874\n \n \n \n \n 1,163,694\n \n \n \n \n \n \n Ian Harrison\n \n \n \n \n 146,103\n \n \n \n \n 1,218,384\n \n \n \n \n 392,908\n \n \n \n \n \n \n Colin Kent\n \n \n \n \n 146,103\n \n \n \n \n 1,218,384\n \n \n \n \n 449,251\n \n \n \n \n \n \n Christopher Taylor\n \n \n \n \n 146,103\n \n \n \n \n 1,208,920\n \n \n \n \n 370,116\n \n \n \n \n \n \n Michael Rich\n \n \n \n \n 146,103\n \n \n \n \n 1,246,910\n \n \n \n \n 46,594\n \n \n \n \n \n \n Leon Caruso\n \n \n \n \n 146,103\n \n \n \n \n 908,920\n \n \n \n \n 7,487\n \n \n \n \n \n \n Stephen Gould\n \n \n \n \n 146,103\n \n \n \n \n 708,920\n \n \n \n \n 19,881\n \n \n \n \n \n \n Mark Gibbings\n \n \n \n \n 121,753\n \n \n \n \n 414,927\n \n \n \n \n 20,367\n \n \n \n \n \n \n \n \n \n Vesting of the Options is pro rata to the individual's achievement of a variety of annual bonus targets for the current financial year, ending 29 February 2024, and vested Options are then subject to a further t...