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RNS Number : 2637O Victorian Plumbing Group PLC 02 December 2024
2 December 2024
Victorian Plumbing Group plc
("Victorian Plumbing" or the "Company")
Listing Application and Total Voting Rights
Victorian Plumbing (AIM: VIC), the UK's leading bathroom retailer, announces
that it has issued and allotted 1,079,217 new ordinary shares of £0.001 each
in the Company ("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 ("DBP") (FY22, FY23 and FY24
Awards) and Long Term Incentive Plan.
The Company has also issued and allotted 60,523 new Ordinary Shares to a
participant of the DBP to satisfy a number of options that have vested
pursuant to the DBP (FY22, FY23 and FY24 Awards)
Application has been made to the London Stock Exchange for the 1,139,737 new
Ordinary Shares to be admitted to trading on AIM ("Admission") and it is
expected that Admission will become effective and trading will commence in the
new Ordinary Shares at 8.00 a.m. on 9 December 2024. The new Ordinary Shares
will rank pari passu with the existing Ordinary Shares.
Following Admission, the total number of Ordinary Shares in issue will be
327,474,016 with each share carrying the right to one vote. This figure of
327,474,016 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
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
About Victorian Plumbing Group
Victorian Plumbing is the UK's leading bathroom retailer, offering a wide
range of over 34,000 products to B2C and trade customers. The Company provides
a one-stop shop solution for the entire bathroom with more than 150 own and
third party brands across a wide spectrum of price points.
Victorian Plumbing's 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 Leyland, the Company employs over 600 staff across several
locations in Lancashire, Manchester and Birmingham.
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