Victoria PLC Response to Press Speculation (8064V)
November 07 2017 - 6:28AM
UK Regulatory
TIDMVCP
RNS Number : 8064V
Victoria PLC
07 November 2017
7 November 2017
Victoria PLC
('Victoria', the 'Company', or the 'Group')
Response to Press Speculation
The Board of Victoria PLC (the "Company") (LSE: VCP) the
international designers, manufacturers and distributors of
innovative floorcoverings, notes the press speculation surrounding
the potential sale process of Keraben Grupo, S.A., a European
ceramic tile manufacturing business, being undertaken by the
current owners (the "Potential Acquisition").
The Board has previously stated that it is part of its growth
strategy to make highly selective acquisitions and therefore it is
frequently in discussions with a number of parties. The Board can
confirm that it is evaluating a number of opportunities including
this one.
In the event that the Potential Acquisition were to proceed it
would be classified as a Substantial Transaction for the purposes
of the AIM Rules for Companies. However, there is no guarantee that
it will proceed.
A further announcement will be made in due course as
appropriate.
- Ends -
For more information contact:
Victoria PLC
Geoff Wilding, Chairman
Philippe Hamers, Group Chief Executive
Michael Scott, Group Finance Director +44 (0) 1562 749 300
Cantor Fitzgerald Europe (Nominated Adviser and Broker)
Rick Thompson, Phil Davies, Will Goode
(Corporate Finance) +44 (0) 20 7894 7000
Berenberg (Joint Broker)
Ben Wright, Mark Whitmore +44 (0) 203 207 7800
(Corporate Broking)
Buchanan Communications (Financial PR)
Charles Ryland, Victoria Hayns, Madeline Seacombe +44 (0) 20 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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November 07, 2017 07:28 ET (12:28 GMT)
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