REG - Vic Plumbing - Issue of Equity and Total Voting Rights

Victorian PlumbingAnnouncement

17/01/2023 16:15

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RNS Number : 0253N  Victorian Plumbing Group plc  17 January 2023

17 January 2023

 

Victorian Plumbing Group plc

("Victorian Plumbing" or the "Company")

 

Issue of Equity and Total Voting Rights

 

Victorian Plumbing (AIM: VIC), the UK's leading online specialist bathroom
retailer, announces that it has issued and allotted 52,342 ordinary shares of
£0.001 each ("Ordinary Shares") to VG Corporate Trustee Limited as the
trustee of the Victorian Plumbing Group Employee Benefit Trust in connection
with the Victorian Plumbing Deferred Bonus Plan.

 

Application has been made to the London Stock Exchange for the 52,342 new
Ordinary Shares to be admitted to trading on AIM ("Admission") and it is
expected that Admission will become effective and trading will commence at
8.00a.m. on 20 January 2023. These new Ordinary Shares will rank pari passu
with the existing Ordinary Shares.

 

Following Admission, the total number of Ordinary Shares in issue will be
325,227,984, with each Ordinary Share carrying the right to one vote. This
figure of 325,227,984 represents the total voting rights in the Company and
may be used by shareholders as the denominator for 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 and Transparency
Rules.

 

Enquiries:

 

 Victorian Plumbing Group plc                                via FTI Consulting

 Mark Radcliffe, Chief Executive Officer                     +44 20 3727 1000

 Paul Meehan, Chief Financial Officer

 FTI Consulting (Financial PR)                               +44 20 3727 1000

 Alex Beagley, Eleanor Purdon, Harriet Jackson, Amy Goldup   VictorianPlumbing@fticonsulting.com

 Houlihan Lokey UK Ltd (Nominated Adviser)                   +44 20 7484 4040

 Sam Fuller, Tim Richardson

 Barclays Bank PLC (Joint Broker)                            +44 20 7623 2323

 Nicola Tennent, Stuart Muress

 Numis Securities Limited (Joint Broker)                     +44 20 7260 1000

 Luke Bordewich, Tom Jacob, Oliver Steele

About Victorian Plumbing Group

 

Victorian Plumbing is the UK's leading online specialist bathroom retailer,
offering a wide range of over 32,000 products to B2C and trade customers.
Victorian Plumbing offers its customers a one-stop shop solution for the
entire bathroom with more than 125 own and third-party brands across a wide
spectrum of price points.

 

The Group's product design and supply chain strengths are complemented by its
creative and brand-focused marketing strategy, which predominantly focus on
online channels to drive significant and growing traffic to its website.

 

Headquartered in Skelmersdale, Lancashire, the Group employs over 500 staff
across seven locations in Skelmersdale, Manchester and Birmingham.

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