Victoria PLC Issue of Equity (0545Y)
November 30 2017 - 11:16AM
UK Regulatory
TIDMVCP
RNS Number : 0545Y
Victoria PLC
30 November 2017
The information communicated within this announcement is deemed
to constitute inside information as stipulated under the Market
Abuse Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
30 November 2017
Victoria PLC
('Victoria', the 'Company', or the 'Group')
Issue of Equity
Victoria plc (LSE: VCP), the international designers,
manufacturers and distributors of innovative floorcoverings, has
today issued 3,730,000 new ordinary shares of 5 pence each
("Ordinary Shares") (the "New Ordinary Shares") pursuant to an
exercise by the Business Growth Fund of all its outstanding options
in the company (the "BGF Options"). The BGF Options were granted
pursuant to loan note facility entered into at the time of the
acquisition of Abingdon Flooring Limited in September 2014.
There are no other options or warrants outstanding in the
Company.
Application has been made for the New Ordinary Shares, which
rank pari passu in all respects with the Company's existing
Ordinary Shares, to be admitted to trading on AIM which is expected
to occur on or around 6 December 2017 ("Admission").
Following Admission, the Company's enlarged issued share capital
will comprise of 117,687,902 ordinary shares. The Company does not
hold any shares in treasury. This figure of 117,687,902 ordinary
shares 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, Chairman
Philippe Hamers, Group Chief Executive +44 (0) 1562
Michael Scott, Group Finance Director 749 300
Cantor Fitzgerald Europe (Nominated Adviser and Broker)
Rick Thompson, Phil Davies, Will Goode +44 (0) 20 7894
(Corporate Finance) 7000
+44 (0) 203 207
Berenberg (Joint Broker) 7800
Ben Wright, Mark Whitmore
(Corporate Broking)
Buchanan Communications (Financial PR) +44 (0) 20 7466
Charles Ryland, Victoria Hayns, Madeline Seacombe 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEMMMFMNGDGNZM
(END) Dow Jones Newswires
November 30, 2017 12:16 ET (17:16 GMT)
Victoria (LSE:VCP)
Historical Stock Chart
From Apr 2024 to May 2024
Victoria (LSE:VCP)
Historical Stock Chart
From May 2023 to May 2024