RCS - Victoria PLC - Sale of surplus land in Kidderminster

VictoriaAnnouncement

07/02/2019 07:05

RNS Number : 3068P
Victoria PLC
07 February 2019
 


 



For Immediate Release             


7 February 2019



                               
Victoria PLC
('Victoria', the 'Company', or the 'Group')
Significant gain on sale of surplus land in Kidderminster

Victoria PLC (LSE: VCP) the international designers, manufacturers and distributors of innovative floorcoverings, is pleased to announce that, following change of planning consent to housing, the Company has sold its former sports ground in Kidderminster that had remained unutilised for more than 20 years.
The site, located a mile from Victoria's Head Office in Kidderminster, had a net book value of £100,000. The site was sold on 6 February 2019 with planning permission for housing for £2,000,000.
For more information contact:



Victoria PLC
Geoff Wilding, Executive Chairman
Philippe Hamers, Group Chief Executive
Michael Scott, Group Finance Director
 


+44 (0) 15 6274 9610




Cantor Fitzgerald Europe (Nomad and broker)
Rick Thompson, Phil Davies, Will Goode (Corporate Finance)
Caspar Shand-Kydd (Sales), Andrew Keith (Equity Sales)


+44 (0) 20 7894 7000
 




Berenberg (joint broker)
Ben Wright, Mark Whitmore, Laura Fine (Corporate Broking)
 


+44 (0) 20 3207 7800




Buchanan Communications
Charles Ryland, Vicky Hayns, Maddie Seacombe, Tilly Abraham        


+44 (0) 20 7466 5000



 


 
 




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