Last checked at 18 Oct 2022 07:00
For Immediate Release 18 October 2022
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
Victoria PLC
('Victoria' or the 'Company')
Purchase of Own Shares
The Company announces that it has purchased 50,000 of its ordinary shares of 5 pence each ("Ordinary Shares") at a weighted average price of 417.50 pence per share (the "Share Purchase") pursuant to the authorities obtained at the Company's last annual general meeting to make market purchases up to a maximum aggregate of 17,444,847 Ordinary Shares.
Aggregated information:
Date of purchase | 17 October 2022 |
Number of Ordinary Shares purchased | 50,000 |
Highest price paid per share | 420.00p |
Lowest price paid per share | 415.00p |
Volume weighted average price paid | 417.50p |
Transaction details:
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation) (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018), a detailed breakdown of individual trades is available below:
Number of Ordinary Shares purchased | Transaction price (GBp) | Time of transaction | Trading venue |
25,000 | 420.00p | 14:52:55 | AIMX |
25,000 | 415.00p | 15:42:01 | AIMX |
The repurchased shares will be held in treasury. Following the purchase of these shares, Victoria holds 10,326,185 of its Ordinary Shares in treasury and has 115,138,482 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
The person responsible for arranging the release of this announcement on behalf of the Company is Brian Morgan, Chief Financial Officer.
For more information contact:
|