REG - Victoria PLC - Exercise of LTIP Share Options

VictoriaAnnouncement

26/07/2024 07:00

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RNS Number : 9232X  Victoria PLC  26 July 2024

Victoria PLC

('Victoria', the 'Company', or the 'Group')

 

Exercise of LTIP Share Options

 

Victoria PLC (LSE: VCP), the international designers, manufacturers and
distributors of innovative flooring, announces that 290,100 ordinary shares of
5 pence ("Ordinary Shares") have been issued to employees of the Company
pursuant to the exercise of options under the Victoria PLC 2020 Long Term
Incentive Plan (the "LTIP Options") at an exercise price of 5 pence per
Ordinary Share. None of the recipients of these shares are directors of the
Company or persons discharging managerial responsibilities.

 

Accordingly, the Company has transferred 290,100 Ordinary Shares previously
held in treasury to satisfy the exercise of the LTIP Options. As a result, the
Company holds 11,541,694 of its Ordinary Shares in treasury and has
113,922,973 Ordinary Shares in issue (excluding treasury shares). This figure
may be used by shareholders as the denominator for the 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 Guidance
and Transparency.

 

 

For more information contact:

 

 Victoria PLC                                                                   www.victoriaplc.com/investors-welcome

                                                                              (http://www.victoriaplc.com/investors-welcome)
 Geoff Wilding, Executive Chairman

                                                                              Via Walbrook PR
 Philippe Hamers, Group Chief Executive

 Brian Morgan, Chief Financial Officer

 Singer Capital Markets (Nominated Adviser and Joint Broker)                    +44 (0)20 7496 3095

 Rick Thompson, Phil Davies, James Fischer

 Berenberg (Joint Broker)                                                       +44 (0)20 3207 7800

 Ben Wright, Richard Bootle

 Walbrook PR (Media & Investor Relations)      +44 (0)20 7933 8780 or victoria@walbrookpr.com

 Paul McManus, Louis Ashe-Jepson               +44 (0)7980 541 893 / +44 (0)7747 515 393

 

About Victoria PLC (www.victoriaplc.com (http://www.victoriaplc.com) )

 

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 Company, which is headquartered in Worcester, 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, Germany, Turkey, the USA, and Australia and employs
approximately 6,300 people across more than 30 sites. Victoria is Europe's
largest carpet manufacturer and the second largest in Australia, as well as
the largest manufacturer of underlay in both regions.

 

The Company'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.

 

 

 

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