Issue of Equity and Total Voting Rights
Summary by AI BETAClose X
Victoria PLC
("Victoria", the "Company", or the "Group")
Issue of Equity and Total Voting Rights
Victoria PLC, (LSE: VCP), the international designer, manufacturer and distributor of innovative flooring, announces that 594,179 ordinary shares of 5 pence each in the Company ("Ordinary Shares") have been granted to an employee pursuant to the terms of their employment contract. The Ordinary Shares will be issued at the nominal value of 5 pence per Ordinary Share.
Additionally, options over 28,000 Ordinary Shares under the Victoria Plc 2020 Long Term Incentive Plan have been exercised by certain employees of the Company at an exercise price of 5 pence per Ordinary Share.
None of the recipients of these shares are directors of the Company or persons discharging managerial responsibilities.
Accordingly, the Company has transferred 622,179 Ordinary Shares previously held in treasury to satisfy the grant of the Ordinary Shares and the exercise of the options. As a result, the Company holds 10,117,212 of its Ordinary Shares in treasury and has 115,347,455 Ordinary Shares in issue (excluding treasury shares). This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
For more information contact:
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Victoria PLC Geoff Wilding, Executive Chairman Philippe Hamers, Group Chief Executive Alec Pratt, Chief Financial Officer
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www.victoriaplc.com/investors-welcome Via Walbrook PR |
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Singer Capital Markets (Nominated Adviser and Joint Broker) Rick Thompson, Phil Davies, James Fischer
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+44 (0)20 7496 3095
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Berenberg (Joint Broker) Ben Wright, Harry Nicholas, Tom Ballard
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+44 (0)20 3207 7800
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Edelman Smithfield (Joint Investor Relations) Alex Simmons
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+44 (0)7970 174 353 or alex.simmons@edelmansmithfield.com
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Walbrook PR (Media & Investor Relations) Paul McManus / Joe Walker
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+44 (0)20 7933 8780 or victoria@walbrookpr.com +44 (0)7980 541 893 / +44 (0)7407 804 654 |
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About Victoria PLC (www.victoriaplc.com)
Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Company, which is headquartered in Worcester, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories.
Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia and employs more than 5,000 people across more than 30 sites. Victoria is Europe's largest carpet manufacturer and the second largest in Australia, as well as the largest manufacturer of underlay in both regions.
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