REG - Victoria PLC - Issue of Equity & Contract Liability Settlement <Origin Href="QuoteRef">VCP.L</Origin>

VictoriaAnnouncement

06/09/2014 22:34

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RNS Number : 6600N
Victoria PLC
29 July 2014 
 
29 July 2014 
 
Victoria PLC 
 
('Victoria' or the 'Company') 
 
Settlement of liability of Contract for Differences ("Contract") and 
 
Admission of New Ordinary Shares 
 
Victoria PLC, (LSE: VCP) the international designers, manufacturers and
distributors of floorcoverings, announces that following the termination of
the Contract by Camden Holdings Limited, the resultant cash liability of the
Company to Camden Holdings Limited has been satisfied by the issuance of
7,087,730 Ordinary Shares. 
 
Application has been made to the London Stock Exchange for the admission of
7,087,730 Ordinary Shares which are expected to be admitted to trading on AIM
on 30 July 2014 ("Admission").  The new Ordinary Shares rank pari passu with
the existing shares of the Company.  Following Admission, the Company will
have a total of 14,175,460 Ordinary Shares in issue.  This is the figure which
may be used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of the
Company under the FCA's Disclosure and Transparency Rules. 
 
Camden is a company owned by The Camden Trust of which Mr. Wilding is the
settlor and a discretionary beneficiary. All definitions contained in this
announcement have the same meaning as those defined in the circular to
shareholders dated 20 June 2014. 
 
For more information contact: 
 
 Victoria PLC Geoff Wilding                                                                                    +44 (0) 15 6274 9300  
 Cantor Fitzgerald EuropeRick Thompson, David Foreman (Corporate finance)Richard Redmayne (Corporate broking)  +44 (0) 20 7894 7000  
 MHPNick Denton                                                       Vicky Watkins                            +44 (0) 20 3128 8100  
 
 
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