Last checked at 15 Mar 2023 07:00
Victoria PLC
('Victoria' or the 'Company')
Exercise of LTIP Share Options
Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, announces that a total of 9,437 share options have been exercised by employees of the Company pursuant to the Victoria PLC 2020 Long Term Incentive Plan ("the LTIP Options") at an exercise price of 5 pence per Ordinary Share.
Accordingly, the Company has transferred 9,437 Ordinary Shares previously held in treasury to satisfy the exercise of the LTIP Options. As a result, the Company holds 10,454,248 of its Ordinary Shares in treasury and has 115,010,419 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 Geoff Wilding, Executive Chairman Philippe Hamers, Group Chief Executive Brian Morgan, Chief Financial Officer
| www.victoriaplc.com/investors-welcome Via Walbrook PR | |
Singer Capital Markets (Nominated Adviser and Joint Broker) Rick Thompson, Phil Davies, James Fischer
| +44 (0)20 7496 3095
| |
Berenberg (Joint Broker) Ben Wright, Richard Bootle | +44 (0)20 3207 7800
| |
Peel Hunt (Joint Broker) Adrian Trimmings, Andrew Clark
| +44 (0)20 7418 8900
| |
Walbrook PR (Media & Investor Relations) Paul McManus, Lianne Applegarth, Alice Woodings | +44 (0)20 7933 8780 or victoria@walbrookpr.com +44 (0)7980 541 893 / +44 (0)7584 391 303 / +44 (0)7407 804 654 | |
About Victoria PLC (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 Kidderminster, 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 6,500 people across 31 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.