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

VictoriaAnnouncement

13/10/2015 07:00

RNS Number : 0174C
Victoria PLC
13 October 2015
13 October 2015
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 265 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 fifth share issue under the plan which was established in July 2014 to recognise and reward 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 9 October 2015 of 13.175 per Ordinary Share. The shares are expected to be admitted to trading on the AIM Market of the London Stock Exchange on 16 October 2015 ("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 18,191,206 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, Phil Davies, David Foreman, Michael Reynolds (Corporate Finance)
David Banks, Tessa Sillars (Corporate Broking)
+44 (0) 20 7894 7000
MHP
Nick Denton  
 
+44 (0) 20 3128 8100

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