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Share Purchase by Chief Executive

1 Dec 2022 07:00

RNS Number : 1385I
Victoria PLC
01 December 2022
 

For Immediate Release 1 December 2022

Victoria PLC

('Victoria' or the 'Company')

Share Purchase by Chief Executive

 

Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring announces that on 30 November 2022, Philippe Hamers, Chief Executive Officer, purchased a total of 2,040 ordinary shares of 5 pence each ("Ordinary Shares") in the Company at a price of 424 pence per Ordinary Share.

 

Following this purchase, Mr Hamers is beneficially interested in 231,212 Ordinary Shares, representing 0.20 per cent. of the issued share capital of the Company.

 

For more information contact:

Victoria PLC

Geoff Wilding, Executive Chairman

Philippe Hamers, Group Chief Executive

Brian Morgan, Chief Financial Officer

 

+44 (0) 1562 749 610

 

Singer Capital Markets (Nominated Adviser and Joint Broker)

Rick Thompson, Phil Davies, Alex Bond

 

 

+44 (0) 207 496 3095

Berenberg (Joint Broker)

Ben Wright, Richard Bootle

 

Peel Hunt (Joint Broker)

Adrian Trimmings, Andrew Clark

 

Buchanan Communications (Financial PR)

Charles Ryland, Chris Lane, Jack Devoy

+44 (0) 203 207 7800

 

+44 (0) 207 418 8900

 

+44 (0) 20 7466 5000

 

About Victoria

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 Group, 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 Group'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. (Further information about Victoria can be found on its website, www.victoriaplc.com.)

 

 

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

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

Purchase of Ordinary Shares

c. 

Price(s) and volume(s)

Volume(s)

Price(s)

2,040

424p

d. 

Aggregated information

Aggregated volume

Price 

 N/A - single transaction

e. 

Date of the transaction

30 November 2022

f. 

Place of the transaction

London Stock Exchange

 

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