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Last checked at 
17 Feb 2022 07:00
For Immediate Release 17 February 2022
Victoria PLC
('Victoria' or the 'Group')
Exercise of LTIP Share Options and Warrants and Director Shareholdings
Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, announces that on 16 February 2022, a total of 66,663 new ordinary shares of 5 pence each ("Ordinary Shares") were issued as a result of the exercise of share options and warrants pursuant to Victoria Plc senior management Long Term Incentive Plans ("LTIP"), at an exercise price of 5 pence per Ordinary Share. Of these new Ordinary Shares, 45,000 were issued to Philippe Hamers, CEO, in relation to his 2020 LTIP.
Application will be made for 66,663 new Ordinary Shares to be admitted to trading on AIM ("Admission"), which is expected to occur on or around 18 February 2022.
Following Admission, the Company will have a total issued share capital of 116,918,572 Ordinary Shares each carrying one voting right. The Company holds 8,546,095 Ordinary Shares in treasury. Therefore, following the issue of the new Ordinary Shares, the total number of voting rights in the Company will be 116,918,572. 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 Rules.
In order to settle the income tax that is immediately due on this share issue, on the same day Mr Hamers sold 22,000 ordinary shares at a price of £8.75 per share. Following the share issue and share sale, Mr Hamers is beneficially interested in 208,000 Ordinary Shares, representing 0.18 per cent. of the issued share capital of the Company.
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 | Options over ordinary shares of 5 pence each
GB00BZC0LC10 | ||||||
b. | Nature of the transaction | Grant of options pursuant to and in accordance with the terms of the Company's Share Option Scheme dated | ||||||
c. | Price(s) and volume(s) |
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d. | Aggregated information ·Aggregated volume ·Price
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e. | Date of the transaction | 16 February 2022 | ||||||
f. | Place of the transaction | Outside a trading venue | ||||||
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 | Ordinary shares of 5 pence each
GB00BZC0LC10 | ||||||
b. | Nature of the transaction | Sale of Ordinary Shares | ||||||
c. | Price(s) and volume(s) |
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d. | Aggregated information ·Aggregated volume ·Price
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N/A
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e. | Date of the transaction | 16 February 2022 | ||||||
f. | Place of the transaction | London Stock Exchange | ||||||
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