Last checked at 11 Aug 2022 07:00
For Immediate Release 11 August 2022
Victoria PLC
('Victoria' or the 'Group')
2022 Long Term Incentive Plan
Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring today announces that as part of the Group's 2022 Long Term Incentive Plan, options to subscribe for 375,000 ordinary shares of 5 pence each in the Group at an exercise price of £7.00 have been granted to Philippe Hamers, Chief Executive.
The options will vest equally over a four year period from 4 April 2022 to 4 April 2025 (such that one quarter of the options were vested when they were granted) as long as Mr Hamers remains employed by the Group, and may be exercised up until the tenth anniversary of the date that the options were granted, being 10 August 2022.
For more information contact:
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1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a. | Name | Philippe Hamers | ||||||
2. | Reason for the notification | |||||||
a. | Position/status | Chief Executive Officer | ||||||
a. | Initial notification /Amendment | Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Victoria plc | ||||||
b. | LEI | LEI 2138002K6ECECHVCQN25 | ||||||
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 Identification code | Grant of options to subscribe for Ordinary shares of 5 pence each in Victoria plc
GB00BZC0LC10 | ||||||
b. | Nature of the transaction | LTIP Share Scheme | ||||||
c. | Price(s) and volume(s) |
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d. | Aggregated information ·Aggregated volume ·Price | N/A - single transaction |
e. | Date of the transaction | 10 August 2022 |
f. | Place of the transaction | Outside a trading venue |