tiprankstipranks
Company Announcements

Vertu Motors Sees Change in Major Shareholder Structure

Story Highlights
Vertu Motors Sees Change in Major Shareholder Structure

Discover the Best Stocks and Maximize Your Portfolio:

An update from Vertu Motors ( (GB:VTU) ) is now available.

Vertu Motors PLC has announced a change in the ownership structure, with CAG Vega 2 Limited, now renamed Constellation Retail Group Limited, acquiring a significant portion of voting rights. This change reflects an increase in voting rights to over 10%, strengthening the influence of TDR Capital LLP and its associated entities within the company.

More about Vertu Motors

Vertu Motors PLC is a UK-based company operating in the automotive retail industry. It specializes in the sale of new and used vehicles, vehicle servicing, and parts supply, focusing primarily on the UK market.

YTD Price Performance: -15.40%

Average Trading Volume: 511,379

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £164.9M

For an in-depth examination of VTU stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1