Victoria PLC
('Victoria' or 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 90,000 ordinary shares of 5
pence have been issued to an employee of the Company pursuant to
the Victoria PLC 2020 Long Term Incentive Plan ("the
LTIP Options") at an exercise price of 5
pence per Ordinary Share. The recipient of the shares
is not a director of the Company or a person discharging managerial
responsibilities.
Accordingly, the Company has transferred 90,000
Ordinary Shares previously held in treasury to satisfy the exercise
of the LTIP Options. As a result, the Company holds 11,451,694 of
its Ordinary Shares in treasury and has 114,012,973 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:
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Victoria
PLC
Geoff Wilding, Executive Chairman
Philippe Hamers, Group Chief
Executive
Brian Morgan, Chief Financial
Officer
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www.victoriaplc.com/investors-welcome
Via Walbrook PR
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Singer Capital
Markets (Nominated Adviser and Joint Broker)
Rick Thompson, Phil Davies, James
Fischer
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+44 (0)20 7496
3095
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Berenberg
(Joint Broker)
Ben Wright, Richard Bootle
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+44 (0)20 3207
7800
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Walbrook PR
(Media & Investor Relations)
Paul McManus, Louis
Ashe-Jepson
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+44 (0)20 7933 8780
or victoria@walbrookpr.com
+44 (0)7980 541 893 /
+44 (0)7747 515 393
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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.