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REG - Victorian Plumbing - Director / PDMR Dealing Notification

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RNS Number : 7833X  Victorian Plumbing Group PLC  22 December 2023

22 December 2023

 

Victorian Plumbing Group plc

(the "Company")

 

Director / PDMR Dealing Notification

 

On 20 December 2023, the Company was notified that Daniel Barton, CFO of the
Company, had exercised, in aggregate, options over 220,869 ordinary shares of
£0.001 each in the capital of the Company ("Ordinary Shares") granted and
vested pursuant to the Company's Long Term Incentive Plan and Deferred Bonus
Plan (the "Exercise"). 220,869 Ordinary Shares held in the Victorian Plumbing
Group Employee Benefit Trust have been utilised to satisfy the Exercise (the
"Option Shares").

 

In addition, the Company has been notified that Daniel Barton subsequently
sold 104,102 Option Shares at a price of £0.975655 per Option Share to cover
the tax liabilities and dealing costs resulting from the Exercise.

 

Following these transactions, Daniel Barton holds 159,592 Ordinary Shares,
representing approximately 0.049 per cent of the Ordinary Shares in issue.

 

 1.   Details of the person discharging managerial responsibilities/person
 closely associated

 a) Name                                                             Daniel Barton
 2.   Reason for the notification
 a)   Position/status                                                PDMR - Chief Financial Officer
 b)   Initial notification / Amendment                               Initial notification
 3.   Details of the issuer, emission allowance market participant, auction
 platform, auctioneer or auction monitor
 a)   Name                                                           Victorian Plumbing Group plc
 b)   LEI                                                            894500R59II0S4WXGZ04
 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 £0.001 each
 b)   Identification code                                            ISIN: GB00BNVVHD43
 c)   Nature of the transaction                                      Exercise of share options granted pursuant to the Victorian Plumbing Group plc
                                                                     Long Term Incentive Plan and Deferred Bonus Plan
 d)   Price(s) and volume(s)                                         Price  No. of shares
                                                                     £nil   220,869
 e)   Aggregated information:                                        N/A - single transaction

 i. Aggregated volume

 ii. price
 f)    Date of the transaction                                       20 December 2023
 g)   Place of the transaction                                       Outside a trading venue

e)   Aggregated information:

i. Aggregated volume

ii. price

N/A - single transaction

f)    Date of the transaction

20 December 2023

g)   Place of the transaction

Outside a trading venue

 

 

 1.   Details of the person discharging managerial responsibilities/person
 closely associated

 a) Name                                                             Daniel Barton
 2.   Reason for the notification
 a)   Position/status                                                PDMR - Chief Financial Officer
 b)   Initial notification / Amendment                               Initial notification
 3.   Details of the issuer, emission allowance market participant, auction
 platform, auctioneer or auction monitor
 a)   Name                                                           Victorian Plumbing Group plc
 b)   LEI                                                            894500R59II0S4WXGZ04
 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 £0.001 each
 b)   Identification code                                            ISIN: GB00BNVVHD43
 c)   Nature of the transaction                                      Sale of 104,102 ordinary shares of £0.001 each
 d)   Price(s) and volume(s)                                         Price       No. of shares
                                                                     £0.975655   104,102
 e)   Aggregated information:                                        N/A - single transaction

 i. Aggregated volume

 ii. price
 f)    Date of the transaction                                       20 December 2023
 g)   Place of the transaction                                       London Stock Exchange, AIM

e)   Aggregated information:

i. Aggregated volume

ii. price

N/A - single transaction

f)    Date of the transaction

20 December 2023

g)   Place of the transaction

London Stock Exchange, AIM

 

 

For further information, please contact:

 

 Victorian Plumbing Group plc                                         via FTI Consulting

 Mark Radcliffe, Chief Executive Officer                              +44 20 3727 1000

 Daniel Barton, Chief Financial Officer

 FTI Consulting (Financial PR)                                        +44 20 3727 1000

 Alex Beagley                                                         VictorianPlumbing@fticonsulting.com

                                                                    (mailto:VictorianPlumbing@fticonsulting.com)
 Eleanor Purdon

 Harriet Jackson

 Amy Goldup

 Houlihan Lokey UK Limited (Nominated Adviser and Financial Adviser)  +44 20 7839 3355

 Sam Fuller, Tim Richardson

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

 Nicola Tennent, Stuart Muress

 Deutsche Numis (Joint Broker)                                        +44 20 7260 1000

 Luke Bordewich, Oliver Steele

 

 

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