REG - Victoria PLC - Share Awards under 2018 Management Incentive Plan

VictoriaAnnouncement

19/12/2023 17:00

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RNS Number : 3116X  Victoria PLC  19 December 2023

Victoria PLC

('Victoria' or the 'Company')

 

Share Awards under 2018 Management Incentive Plan

 

Victoria PLC, (LSE: VCP) the international designers, manufacturers and
distributors of innovative flooring, announces that 368,454 ordinary shares of
5 pence have been issued to employees of the Company pursuant to the 2018
Management Incentive Plan. None of the recipients of these shares are
directors of the Company.

 

Accordingly, the Company has transferred 368,454 Ordinary Shares previously
held in treasury to satisfy the share award under the 2018 Management
Incentive Plan. As a result, the Company holds 10,085,794 of its Ordinary
Shares in treasury and has 115,378,873 Ordinary Shares in issue (excluding
treasury shares). This figure may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company under
the FCA's Disclosure Guidance and Transparency.

 

For more information contact:

 

 Victoria PLC                                                                   www.victoriaplc.com/investors-welcome

                                                                              (http://www.victoriaplc.com/investors-welcome)
 Geoff Wilding, Executive Chairman

                                                                              Via Walbrook PR
 Philippe Hamers, Group Chief Executive

 Brian Morgan, Chief Financial Officer

 Singer Capital Markets (Nominated Adviser and Joint Broker)                    +44 (0)20 7496 3095

 Rick Thompson, Phil Davies, James Fischer

 Berenberg (Joint Broker)                                                       +44 (0)20 3207 7800

 Ben Wright, Richard Bootle

 Peel Hunt (Joint Broker)                                                       +44 (0)20 7418 8900

 Adrian Trimmings, Andrew Clark

 Walbrook PR (Media & Investor Relations)      +44 (0)20 7933 8780 or victoria@walbrookpr.com

 Paul McManus, Alice Woodings                  +44 (0)7980 541 893 / +44 (0)7407 804 654

 

About Victoria PLC (www.victoriaplc.com (http://www.victoriaplc.com) )

 

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 Company, which is headquartered in Worcester, 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, Germany, Turkey, the USA, and Australia and employs
approximately 6,750 people across 30 sites. Victoria is Europe's largest
carpet manufacturer and the second largest in Australia, as well as the
largest manufacturer of underlay in both regions.

 

The Company'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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