Vertu Motors (GB:VTU) has released an update.
Vertu Motors has announced that its employee benefit trust, managed by Ocorian Limited, acquired 610,902 ordinary shares at 65.3617 pence each, raising its stake to 1.03% of the company’s issued share capital. This move supports the company’s Long Term Incentive Plan, potentially benefiting executive directors and other key personnel. Such transactions could attract investors interested in the company’s commitment to employee incentives and potential impacts on share value.
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