Picture of Victoria logo

VCP Victoria News Story

0.000.00%
gb flag iconLast trade - 00:00
Consumer CyclicalsHighly SpeculativeSmall CapValue Trap

REG - Victoria PLC - Share Purchases by Chief Executive

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220816:nRSP2049Wa&default-theme=true

RNS Number : 2049W  Victoria PLC  16 August 2022

For Immediate
Release
         16 August 2022

Victoria PLC

('Victoria' or the 'Company')

Share Purchases by Chief Executive

 

Victoria PLC, (LSE: VCP) the international designers, manufacturers and
distributors of innovative flooring announces that on 16 August 2022, Philippe
Hamers, Chief Executive, purchased a total of 6,450 Ordinary Shares in the
Company at a price of 394 pence per share, for a total consideration of
£25,413.

 

Following these purchases, Mr Hamers is beneficially interested in 228,231
Ordinary Shares, representing 0.20 per cent. of the issued share capital of
the Company.

 

 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, Jack Devoy

 

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 4,000 people
 across more than 26 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 4,000 people
 across more than 26 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.)

 

 

 1.    Details of the person discharging managerial responsibilities / person closely
       associated
 a.    Name                                                         Philippe Hamers
 2.    Reason for the notification
 a.    Position/status                                              Chief Executive Officer
 a.    Initial notification                                         Initial notification

       /Amendment
 3.    Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a.    Name                                                         Victoria plc
 b.    LEI                                                          LEI 2138002K6ECECHVCQN25
 4.    Details of the transaction(s): section to be repeated for (i) each type of
       instrument; (ii) each type of transaction; (iii) each date; and (iv) each
       place where transactions have been conducted
 a.    Description of the Financial instrument, type of instrument  Ordinary shares of 5 pence each

       Identification code

                                                                    GB00BZC0LC10
 b.    Nature of the transaction                                    Purchases
 c.    Price(s) and volume(s)                                       Volume(s)  Price(s)
                                                                    6,450      £3.94
 d.    Aggregated information                                        N/A - single transaction

       ·Aggregated volume

       ·Price
 e.    Date of the transaction                                      16 August 2022
 f.    Place of the transaction                                     London Stock Exchange

d.

Aggregated information

·Aggregated volume

·Price

 N/A - single transaction

e.

Date of the transaction

16 August 2022

f.

Place of the transaction

London Stock Exchange

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHBBGDILBBDGDL

Recent news on Victoria

See all news