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Pin to quick picksVictoria Regulatory News (VCP)

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39.00    1.00 (2.63%)
Bid:
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Spread: 0.85 (2.202%)
Market Cap: £44.99m
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Update on Acquisition Strategy

15 Apr 2016 07:00

RNS Number : 3111V
Victoria PLC
15 April 2016
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15 April 2016

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Β 

Victoria PLC

('Victoria,' the 'Company,' or the 'Group')

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Update on Acquisition Strategy

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The Board of Victoria PLC (the "Company") (LSE: VCP) the international designers, manufacturers and distributors of innovative floorcoverings, advises that discussions with the shareholders ofΒ LanoΒ Carpets regardingΒ theΒ potential acquisition of the business have ceased.Β 

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Victoria remains focussed on its strategy of pursuing acquisition opportunities that will create shareholder wealth. Discussions are already underway with suitable businesses both within the UK and overseas.Β 

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For more information please contact:

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Victoria PLC +44 (0) 1562 749 300

Β Geoff Wilding, Chairman

Michael Scott, Group Finance Director

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Cantor Fitzgerald Europe +44 (0) 20 7894 7000

(Nominated Adviser & Broker)

Rick Thompson, Phil Davies,

Michael Reynolds

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Whitman Howard +44(0) 20 7659 1234

(Joint Broker)

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Buchanan Communications +44 (0)207 466 5000

Charles Ryland

Victoria Watkins

Jane Glover

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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ACQAKPDQPBKKPQD
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