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Vertu Motors Issues Share Options to Key Executives

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Vertu Motors ( (GB:VTU) ) has shared an update.

Vertu Motors PLC has announced the issuance of nil-cost options over ordinary shares to its directors and key managerial personnel as part of its Long Term Incentive Plan. These options are linked to the achievement of specific annual bonus targets and will vest over a period extending to March 2029, reflecting the company’s commitment to aligning management incentives with shareholder interests.

More about Vertu Motors

Vertu Motors PLC operates in the automotive retail industry, offering a range of services including the sale of new and used vehicles, vehicle servicing, and parts distribution. The company focuses on providing quality customer service and maintaining a strong presence in the UK market.

YTD Price Performance: -11.84%

Average Trading Volume: 420,684

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £167.9M

See more data about VTU stock on TipRanks’ Stock Analysis page.

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