Vertu Motors (GB:VTU) has released an update.
Vertu Motors has announced that its employee benefit trust, managed by Ocorian Limited, acquired 116,164 ordinary shares at 65.167 pence each. This purchase is part of the company’s strategy to support long-term incentive plans and increase employee shareholding. The acquisition raises the trustee’s shareholding to 1.15% of Vertu Motors’ issued share capital.
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