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Friday, 04 July 2008 |
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Vertu Motors chief executive Robert Forrester has upped his stake in the dealer group.
He has acquired an additional 10,000 ordinary 10p shares in the UK's tenth largest car dealer group at a cost of 28p per share. The acquisition takes Forrester's stake in the company to just over 2.947 million shares, equivalent to a 3.21 per cent share.
Combined with the stake belonging to his connected persons, Forrester has a total beneficial interest of over 3.97 million ordinary shares, representing 4.32 per cent of the issued share capital.
Vertu Motors share price stood at 29p in this morning's trading, which hands it a market capitalisation of almost £26.7m.
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