Victoria PLC
('Victoria', the
'Company', or the 'Group')
Exercise
of LTIP Share Options
Victoria PLC (LSE: VCP), the
international designers, manufacturers and distributors of
innovative flooring, announces that 290,100 ordinary shares of 5
pence ("Ordinary Shares") have been issued to employees of the
Company pursuant to the exercise of options under the
Victoria PLC 2020 Long Term Incentive Plan (the "LTIP
Options") 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
290,100 Ordinary Shares previously held in treasury to satisfy the
exercise of the LTIP Options. As a result, the Company holds
11,541,694 of its Ordinary Shares in treasury and has 113,922,973
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.
For more
information contact:
|
Victoria
PLC
Geoff Wilding, Executive Chairman
Philippe Hamers, Group Chief
Executive
Brian Morgan, Chief Financial
Officer
|
www.victoriaplc.com/investors-welcome
Via Walbrook PR
|
|
Singer Capital
Markets (Nominated Adviser and Joint Broker)
Rick Thompson, Phil Davies, James
Fischer
|
+44 (0)20 7496
3095
|
|
Berenberg
(Joint Broker)
Ben Wright, Richard Bootle
|
+44 (0)20 3207
7800
|
|
Walbrook PR
(Media & Investor Relations)
Paul McManus, Louis
Ashe-Jepson
|
+44 (0)20 7933 8780
or victoria@walbrookpr.com
+44 (0)7980 541 893 /
+44 (0)7747 515 393
|
|
|
| |
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 approximately 6,300 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.
The Company's strategy is designed to create
value for its shareholders and is focused on consistently
increasing earnings and cash flow per share via acquisitions and
sustainable organic growth.