Vertu Motors (GB:VTU) has released an update.
Vertu Motors has announced the acquisition of nearly 200,000 ordinary shares by its employee benefit trust, which now holds 0.79% of the company’s issued share capital. These shares, purchased at approximately 64.607 pence each, are intended to support the company’s Long Term Incentive Plan for executive directors and other participants. This strategic move demonstrates Vertu Motors’ commitment to aligning employee interests with company performance.
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