Issue of Equity - in lieu of Bonus

RNS Number : 9535G

Victoria PLC

25 November 2015

 

25 November 2015

Victoria PLC

('Victoria' or the 'Company')

Issue of Equity - in lieu of Bonus

Victoria PLC, (LSE: VCP) a manufacturer, supplier and distributor of design-led carpets and floorcoverings, announces the issue of 1,860 new ordinary shares of 25 pence each in the Company ("Ordinary Shares") to a manager in lieu of a bonus entitlement. The manager, while entitled to a cash settlement, elected to receive shares.

The new shares were issued at the closing market price on 24 November 2015 of £12.925 per Ordinary Share. The shares are expected to be admitted to trading on the AIM Market of the London Stock Exchange on 30 November 2015 ("Admission"). 

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue. Following Admission, the Company's total issued share capital will comprise 18,193,066 Ordinary Shares. This number may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For more information contact:

Victoria PLC Geoff Wilding	[phone]
Cantor Fitzgerald Europe Rick Thompson, Phil Davies, David Foreman, Michael Reynolds (Corporate Finance) David Banks, Tessa Sillars (Corporate Broking)	[phone]
Buchanan Communications Charles Ryland, Jane Glover	[phone]

 

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