REG - Victoria PLC - Issue of Equity - Retailer Incentivisation Plan <Origin Href="QuoteRef">VCP.L</Origin>

VictoriaAnnouncement

29/10/2014 12:48

RNS Number : 5633U
Victoria PLC
17 October 2014
17 October 2014
Victoria PLC
('Victoria' or the 'Company')
Issue of Equity - Retailer Incentivisation Plan
Victoria PLC, (LSE: VCP) a manufacturer, supplier and distributor of design-led carpets and floorcoverings, announces the issue of 202 new ordinary shares of 25 pence each in the Company ("Ordinary Shares") to certain retail customers of the Group's subsidiary Victoria Carpets Limited. This is the first share issue under the plan which was established in July 2014 to recognise and reward our retailers' support of Victoria's products. Shares will be issued to qualifying retailers on a quarterly basis. The new shares were issued at the closing market price on 15 October 2014 of 362.5 pence per Ordinary Share. The shares are expected to be admitted to trading on the AIM Market of the London Stock Exchange on 22 October 2014 ("Admission"). 
The new Ordinary Shares will rank pari passu with the existing Ordinary Shares in issue. Following Admission, the Company's total issued share capital will comprise 14,275,662 Ordinary Shares. This number 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.
For more information contact:
Victoria PLC 
Geoff Wilding 
+44 (0) 15 6274 9300
Cantor Fitzgerald Europe
Rick Thompson, David Foreman (Corporate Finance)
+44 (0) 20 7894 7000
MHP
Nick Denton   
Vicky Watkins 
+44 (0) 20 3128 8100

This information is provided by RNS
The company news service from the London Stock Exchange
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