Business
Notification of Directors' interests
Notification of Directors' interests.
About this update from Vertu Motors Plc
[{"type":"text","content":"\n \n \n RNS Number : 5273G\n Vertu Motors PLC\n 17 March 2020\n \n \n \n \n 17 March 2020\n \n \n Vertu Motors plc\n \n \n (the \"Company\")\n \n \n Notification of Directors' interests\n \n \n \n \n \n Vertu Motors \n announces that Ian Harrison, a \n person discharging managerial responsibility in the Company, has exercised nil-cost options over Ordinary Shares under LTIP Options issued in 2016 and received Ordinary Shares on 13 March 2020.\n \n \n The Company has also been notified that Ian Harrison has sold 19,041 of the 40,337 Ordinary Shares exercised, to satisfy the resultant income tax and National Insurance liability. The sale took place on 13 March 2020 at a price of 24.645 pence per Ordinary Share.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n PDMR\n \n \n \n \n Beneficial holding of Ordinary Shares prior to the Dealings*\n \n \n \n \n % of issued share capital prior to the Dealings*\n \n \n \n \n Ordinary Shares acquired by PDMR**\n \n \n \n \n Resultant Beneficial holding of Ordinary Shares after the Dealings*\n \n \n \n \n Resultant % of issued share capital after the Dealings*\n \n \n \n \n \n \n Ian Harrison\n \n \n \n \n 228,931\n \n \n \n \n 0.06\n \n \n \n \n 21,296\n \n \n \n \n 250,227\n \n \n \n \n 0.07\n \n \n \n \n \n * includes shares held by persons closely associated with the PDMR.\n \n ** net amount after the sale to satisfy tax and NI liability.\n \n The Company's issued share capital consists of 369,173,891 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury.\n \n \n \n \n \n \n \n \n \n \n \n 1. \n \n \n \n \n Details of the person discharging managerial responsibilities/person closely associated\n \n \n \n \n \n \n a) \n \n \n \n \n Name\n \n \n \n \n IAN HARRISON\n \n \n \n \n \n \n 2. \n \n \n \n \n Reason for the notification\n \n \n \n \n EXERCISE OF LTIP OPTIONS\n \n \n \n \n \n \n b) \n \n \n \n \n Position/status\n \n \n \n \n OPERATIONS DIRECTOR\n \n \n \n \n \n \n c) \n \n \n \n \n Initial notification/Amendment\n \n \n \n \n INITIAL NOTIFICATION\n \n \n \n \n \n \n 3. \n \n \n \n \n Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n \n \n \n \n \n \n d) \n \n \n \n \n Name\n \n ...