Exercise of LTIP Share Options

Victoria

04/04/2025 07:00

RNS Number : 6250D

Victoria PLC

04 April 2025

 

Victoria PLC

('Victoria' or the 'Company')

 

Exercise of LTIP Share Options

 

Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, announces that 289,264 ordinary shares of 5 pence ("Ordinary Shares") have been issued to employees of the Company pursuant to the exercise of options under the Company's long term incentive plans 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 289,264 Ordinary Shares previously held in treasury to satisfy the exercise of the options. As a result, the Company holds 10,881,391 of its Ordinary Shares in treasury and has 114,583,276 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, Alice Woodings
+44 (0)20 7933 8780 orvictoria@walbrookpr.com
+44 (0)7980 541 893 / +44 (0)7747 515 393 /
+44 (0)7407 804 654


 

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 5,600 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.

 

 

 

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