Source - LSE Regulatory
RNS Number : 2684E
Vertu Motors PLC
28 June 2023
 

28 June 2023

Vertu Motors plc ("Vertu Motors" or "Company")

Result of AGM

Vertu Motors plc, the UK automotive retailer with a network of 189 sales and aftersales outlets across the UK, announces that all resolutions (including a further resolution to reappoint Jonathan Mark Mewett) put to shareholders at the Annual General Meeting held earlier today were duly passed and the proxy voting results are set out below.


In Favour



Against


Withheld

Resolution

Votes

% age

Votes

% age

Votes

1

Annual Report and Accounts

125,597,257

100



0

0


662,303

2

Reappointment of Auditors

106,585,217

84.42



19,671,310

15.58


3,033

3

Auditors' Remuneration

108,569,875

85.99



17,688,558

14.01


1,127

4

Dividend

126,254,752

99.99



4,359

0.01


449

5

Re-election of Robert Forrester

124,908,077

98.93



1,351,483

1.07


0

6

Re-election of Pauline Best

119,201,291

94.41



7,058,269

5.59


0

7

Remuneration Report

124,643,705

98.74



1,587,022

1.26


28,833

8

Authority to Allot

125,002,848

99.49



638,402

0.51


618,310

9

Disapplication of Pre-Emption

124,934,890

98.99



1,270,028

1.01


54,642

10

Pre-emption on acquisitions

124,808,903

98.87



1,424,434

1.13


26,223

 11

Purchase of Own Shares

125,273,694

99.47



656,571

0.52


321,295

12

Adoption of articles

126,161,238

99.97



23,880

0.02


66,442

 

- Ends -

For further information please contact:

Vertu Motors plc

 

Tel: +44 (0) 191 491 2121

Robert Forrester, CEO


Karen Anderson, CFO

Phil Clark, Investor relations

 

PClark@vertumotors.com





Zeus (Nominated Adviser and Broker)

Tel: +44 (0) 203 829 5000

Jamie Peel


Andrew Jones


Dominic King








Camarco

 

Tel: +44 (0) 203 757 4983

Billy Clegg




Tom Huddart












Notes to Editors

 



Vertu Motors is the fourth largest automotive retailer in the UK with a network of 189 sales outlets across the UK. Its dealerships operate predominantly under the Bristol Street Motors, Vertu and Macklin Motors brand names.





Vertu Motors was established in November 2006 with the strategy to consolidate the UK motor retail sector.  It is intended that the Group will continue to acquire motor retail operations to grow a scaled dealership group.  The Group's acquisition strategy is supplemented by a focused organic growth strategy to drive operational efficiencies through its national dealership network. The Group currently operates 185 franchised sales outlets and 4 non-franchised sales operations from 141 locations across the UK.





Vertu's Mission Statement is to "deliver an outstanding customer motoring experience through honesty and trust".





Vertu Motors Group websites - https://investors.vertumotors.com / www.vertucareers.com
Vertu brand websites -
www.vertumotors.com / www.bristolstreet.co.uk / www.vertuhonda.com / www.vertutoyota.com / www.macklinmotors.co.uk / www.vertumotorcyles.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
RAGEAFKPASFDEFA
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Vertu Motors PLC (VTU)

-0.30p (-0.38%)
delayed 17:36PM