REG - Victorian Plumbing - Grant of SAYE Options and Director / PDMR Dealings

Victorian PlumbingAnnouncement

17/06/2025 10:30

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RNS Number : 1887N  Victorian Plumbing Group PLC  17 June 2025

17 June 2025

 

Victorian Plumbing Group plc

("Victorian Plumbing" or the "Company")

 

Grant of SAYE Options and Director / PDMR Dealings

 

Victorian Plumbing (AIM: VIC), the UK's leading bathroom retailer, announces
that on 16 June 2025 the Company granted options ("Options") over 409,327
ordinary shares of £0.001 each ("Ordinary Shares") pursuant to the Victorian
Plumbing Group plc Save As You Earn share scheme (2025 award) ("SAYE Scheme").

 

The Options have a contract start date of 1 August 2025 and are exercisable
within 6 months from 1 August 2028 at an exercise price of 66.18 pence per
Ordinary Share, which was set in accordance with rules of the SAYE Scheme.

 

Within the Options described above, 13,863 Options were granted to Daniel
Barton, Chief Financial Officer.

 

On 16 June 2025, the Company was notified that Daniel Barton had exercised
options over 191,694 Ordinary Shares granted and vested pursuant to the
Company's Long Term Incentive Plan and Deferred Bonus Plan (FY23 award) (the
"Exercise"). 191,694 Ordinary Shares held in the Victorian Plumbing Group
Employee Benefit Trust have been utilised to satisfy the Exercise.

 

In addition, the Company has been notified that Daniel Barton subsequently
sold 90,418 Ordinary Shares at a price of 77.65 pence per Ordinary Share to
cover the tax liabilities and dealing costs resulting from the Exercise.

Following these transactions, Daniel Barton holds 273,062 Ordinary Shares,
representing approximately 0.08% of the Ordinary Shares in issue.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

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

 a) Name                                                             Daniel Barton
 2.   Reason for the notification
 a)   Position/status                                                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                                      Option granted under the Victorian Plumbing Group plc Save As You Earn share
                                                                     scheme (2025 award) with an exercise price of 66.18 pence per Ordinary Share
 d)   Price(s) and volume(s)                                         Price   No. of shares
                                                                     66.18p  13,863
 e)   Aggregated information:                                        N/A

 i. Aggregated volume

 ii. price
 f)    Date of the transaction                                       16 June 2025
 g)   Place of the transaction                                       Outside a trading venue

e)   Aggregated information:

i. Aggregated volume

ii. price

N/A

f)    Date of the transaction

16 June 2025

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                                                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 (FY23 award)
 d)   Price(s) and volume(s)                                         Price  No. of shares
                                                                     £nil   191,694
 e)   Aggregated information:                                        N/A - single transaction

 i. Aggregated volume

 ii. price
 f)    Date of the transaction                                       16 June 2025
 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

16 June 2025

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                                                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 90,418 ordinary shares of £0.001 each
 d)   Price(s) and volume(s)                                         Price     No. of shares
                                                                     £0.7765   90,418
 e)   Aggregated information:                                        N/A - single transaction

 i. Aggregated volume

 ii. price
 f)    Date of the transaction                                       16 June 2025
 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

16 June 2025

g)   Place of the transaction

London Stock Exchange, AIM

 

 

-ENDS-

 

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, Harriet Jackson, Amy Goldup, Lia Bevan   VictorianPlumbing@fticonsulting.com

                                                      (mailto:VictorianPlumbing@fticonsulting.com)

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

 Sam Fuller, Tim Richardson

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

 Nicola Tennent, Stuart Muress

 Canaccord Genuity Limited (Joint Broker)               +44 20 7597 5970

 Bobbie Hilliam, Elizabeth Halley Stott

 

About Victorian Plumbing Group

Victorian Plumbing is the UK's leading bathroom retailer, offering an
unrivalled high-quality product range and excellent stock availability to B2C
and trade customers.

Victorian Plumbing offers its customers a one-stop shop solution for the
entire bathroom with own and third party brands across a wide spectrum of
price points. Victorian Plumbing product design and supply chain strengths are
complemented by its creative and brand-focused marketing strategy to drive
significant and growing traffic to its platforms.

Headquartered in the North West, Victorian Plumbing employs staff across
several locations in the UK.

 

 

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