RNS Number : 8653B
Victorian Plumbing Group PLC
27 August 2024
 

27 August 2024

 

Victorian Plumbing Group plc

("Victorian Plumbing" or "Company")

 

Director/PDMR Dealing

 

 

Victorian Plumbing (AIM: VIC), the UK's leading bathroom retailer, makes the following announcement in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (596/2014EU), which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, in respect of ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares").

 

The Company was notified on 23 August 2024 by Mark Radcliffe (Chief Executive Officer) that he had, on that date, sold 2,700,000 Ordinary Shares at a price of £1.00 per Ordinary Share to help satisfy institutional demand for Ordinary Shares.

 

Following this transaction, Mark Radcliffe holds 155,733,657 Ordinary Shares, representing approximately 47.72% of the Company's issued share capital.

 

1.   Details of the person discharging managerial responsibilities/person closely associated

 

a) Name

Mark Radcliffe

2.   Reason for the notification


a)   Position/status

Chief Executive Officer

b)   Initial notification / Amendment

Initial notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)   Name

Victorian Plumbing Group plc

b)   LEI

894500R59II0S4WXGZ04

4.   Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)   Description of the financial instrument, type of instrument

Ordinary Shares of £0.001 each

b)   Identification code

ISIN: GB00BNVVHD43

c)   Nature of the transaction

Sale of shares

d)   Price(s) and volume(s)

Price

No. of shares

£1.00

2,700,000

e)   Aggregated information:

i. Aggregated volume

ii. price

n/a

f)    Date of the transaction

23 August 2024

g)   Place of the transaction

London Stock Exchange, AIM

 

 

 

For further information, please contact:

 

Victorian Plumbing Group plc

Mark Radcliffe, Chief Executive Officer

Daniel Barton, Chief Financial Officer

 

via FTI Consulting

+44 20 3727 1000

FTI Consulting (Financial PR)

Alex Beagley, Harriet Jackson, Amy Goldup, Lia Bevan

 

+44 20 3727 1000

VictorianPlumbing@fticonsulting.com

Houlihan Lokey Advisory Limited (Nominated Adviser)

Sam Fuller, Tim Richardson

+44 20 7839 3355



Barclays Bank PLC (Joint Broker)

Nicola Tennent, Stuart Muress

+44 20 7623 2323



Deutsche Numis (Joint Broker)

Luke Bordewich, Oliver Steele 

+44 20 7260 1000

 


 

 

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