Vertu Motors’ Share Acquisition Boosts Employee Trust

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

Vertu Motors PLC has announced the acquisition of 260,000 ordinary shares by its employee benefit trust, Ocorian Limited, at 66.5745 pence per share. This purchase is part of the company’s long-term incentive plan, aimed at rewarding executive directors and employees. Following this transaction, the trust’s holding increased to 1.23% of the company’s issued share capital.

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