REG - Victoria PLC - Placing of existing 1,000,000 ordinary shares <Origin Href="QuoteRef">VCP.L</Origin>

VictoriaAnnouncement

07/08/2015 09:30

RNS Number : 4294V
Victoria PLC
07 August 2015
7 August 2015
Victoria PLC
('Victoria', the 'Company', or the 'Group')
Placing of existing 1,000,000 ordinary shares in Victoria
Victoria is pleased to announce that Cantor Fitzgerald Europe has placed 1,000,000 existing ordinary shares of 25 pence each, representing 6.86 per cent of Victoria's issued share capital with institutional investors at 1117.5p per share. The shares have been placed on behalf of Camden Holdings Limited ("Camden") to help satisfy continuing institutional demand (the "Placing").
Camden is a company owned by The Camden Trust of which Geoff Wilding, the Chairman of Victoria, is the settlor and a discretionary beneficiary.Following the Placing, Geoff Wilding remains beneficially interested in 6,087,730 ordinary shares, which represents 41.77 per cent of the issued share capital of the Company. 
Geoff Wilding, Chairman of Victoria PLC commented:
"I agreed to the Placing in order to improve the liquidity of Victoria's shares and to build the company's shareholder base. These factors will become increasingly important as we continue to grow Victoria into a substantial business. I remain the largest shareholder in Victoria with almost 42 per cent. of the shares and, given this fact, shareholders can be assured I remain committed to Victoria's objective: 'to create wealth for our shareholders'. I will not be selling any further shares in the foreseeable future." 
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For more information contact:
Victoria PLC 
Geoff Wilding
Alexander Anton 
+44 (0) 207 440 7520
Cantor Fitzgerald Europe (Nominated Adviser and Broker)
Rick Thompson, Phil Davies, David Foreman, Michael Reynolds (Corporate Finance)
David Banks, Tessa Sillars (Corporate Broking)
+44 (0) 20 7894 7000
Whitman Howard Limited (Joint Broker)
Niall Devins, Ranald McGregor-Smith 
MHP Communications (Financial PR)
Nick Denton 
+44 (0) 20 7659 1234
+44 (0) 20 3128 8100

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