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REG - Victoria PLC - Operational Mgmt Buy More Than 300,000 Shares

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RNS Number : 0210L  Victoria PLC  11 May 2022

For Immediate
Release
                    11 May 2022

Victoria PLC

('Victoria' or the 'Group')

Operational Management Buy More Than 300,000 Shares

 

 

The Board of Victoria PLC (LSE: VCP), the international designer, manufacturer
and distributor of innovative flooring, is delighted to note that members of
its operational management team have bought 323,000 shares in the Company.

 

Geoff Wilding, Victoria's Executive Chairman said,

 

Our operational management have continued to successfully manage inflationary
pressures and, together with their visibility of resilient demand from our
customers, clearly remain confident in their ability to create wealth for
shareholders.

 

Including today's purchases, our operational management (excluding board
directors) now own approximately 4 million shares in the Company, reflecting
their commitment to Victoria."

 

 

 

 For more information contact:

Victoria PLC                                                   +44 (0) 1562 749 610

 Geoff Wilding, Executive Chairman

 Philippe Hamers, Group Chief Executive

 Michael Scott, Group Finance Director

 Singer Capital Markets (Nominated Adviser and Joint Broker)    +44 (0) 207 496 3095

 Rick Thompson, Phil Davies, Alex Bond

 Berenberg (Joint Broker)                                       +44 (0) 203 207 7800

 Ben Wright, Richard Bootle

                                                                +44 (0) 207 418 8900

 Peel Hunt (Joint Broker)

 Adrian Trimmings, Andrew Clark                                 +44 (0) 20 7466 5000

 Buchanan Communications (Financial PR)

 Charles Ryland, Chris Lane, Tilly Abraham

 

About Victoria

 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 Group, which is headquartered in Kidderminster, 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,
 Turkey, the United States and Australia and employs approximately 4,500 people
 across 30 sites. Victoria is the UK's largest carpet manufacturer and the
 second largest in Australia, as well as the largest manufacturer of underlay
 in both regions.

 The Group'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. (Further information about
 Victoria can be found on its website, www.victoriaplc.com.)

 

 About Victoria

 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 Group, which is headquartered in Kidderminster, 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,
 Turkey, the United States and Australia and employs approximately 4,500 people
 across 30 sites. Victoria is the UK's largest carpet manufacturer and the
 second largest in Australia, as well as the largest manufacturer of underlay
 in both regions.

 The Group'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. (Further information about
 Victoria can be found on its website, www.victoriaplc.com.)

 

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