RNS Number : 2637O
Victorian Plumbing Group PLC
02 December 2024
 

2 December 2024

 

Victorian Plumbing Group plc

("Victorian Plumbing" or the "Company")

 

Listing Application and Total Voting Rights

 

Victorian Plumbing (AIM: VIC), the UK's leading bathroom retailer, announces that it has issued and allotted 1,079,217 new ordinary shares of £0.001 each in the Company ("Ordinary Shares") to VG Corporate Trustee Limited, as the trustee of the Victorian Plumbing Group Employee Benefit Trust, in connection with the Victorian Plumbing Deferred Bonus Plan ("DBP") (FY22, FY23 and FY24 Awards) and Long Term Incentive Plan.

 

The Company has also issued and allotted 60,523 new Ordinary Shares to a participant of the DBP to satisfy a number of options that have vested pursuant to the DBP (FY22, FY23 and FY24 Awards)

 

Application has been made to the London Stock Exchange for the 1,139,737 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence in the new Ordinary Shares at 8.00 a.m. on 9 December 2024. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.

 

Following Admission, the total number of Ordinary Shares in issue will be 327,474,016 with each share carrying the right to one vote. This figure of 327,474,016 represents the total voting rights in the Company and may be used by shareholders as the denominator for 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 and Transparency Rules.

 

Enquiries:

 

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 UK Limited (Nominated Adviser)

Sam Fuller, Tim Richardson

+44 20 7839 3355


 

Barclays Bank PLC (Joint Broker)

Nicola Tennent, Stuart Muress

+44 20 7623 2323


 

Canaccord Genuity Limited (Joint Broker)

Bobbie Hilliam 

 

+44 20 7597 5970


 

 

About Victorian Plumbing Group

Victorian Plumbing is the UK's leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. The Company provides a one-stop shop solution for the entire bathroom with more than 150 own and third party brands across a wide spectrum of price points.

Victorian Plumbing's product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy to drive significant and growing traffic to its platforms.

Headquartered in Leyland, the Company employs over 600 staff across several locations in Lancashire, Manchester and Birmingham.

 

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