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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 www.victoriaplc.com/investors-welcome
(http://www.victoriaplc.com/investors-welcome)
Geoff Wilding, Executive Chairman
Via Walbrook PR
Philippe Hamers, Group Chief Executive
Brian Morgan, Chief Financial Officer
Singer Capital Markets (Nominated Adviser and Joint Broker) +44 (0)20 7496 3095
Rick Thompson, Phil Davies, James Fischer
Berenberg (Joint Broker) +44 (0)20 3207 7800
Ben Wright, Richard Bootle
Walbrook PR (Media & Investor Relations) +44 (0)20 7933 8780 or victoria@walbrookpr.com
Paul McManus, Louis Ashe-Jepson, Alice Woodings +44 (0)7980 541 893 / +44 (0)7747 515 393 /
+44 (0)7407 804 654
About Victoria PLC (www.victoriaplc.com (http://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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