Victoria PLC Director Dealing (5708Q)

TIDMVCP

RNS Number : 5708Q

Victoria PLC

07 June 2018

For Immediate Release

7 June 2018

Victoria PLC

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

Director Dealing

Victoria PLC (LSE: VCP), the international designers, manufacturers and distributors of innovative flooring, announces that Michael Scott, Group Finance Director, has acquired 395,476 ordinary shares ("Ordinary Shares") in Victoria PLC at a price of GBP8.57 per Ordinary Share.

Mr Scott has acquired these Ordinary Shares in accordance with the terms of an LTIP established in May 2016 by exercising his right to exchange the 5,000 B shares held by him in Victoria Midco Holdings Limited into Ordinary Shares at the average of the closing mid-market price on each business day during the month preceding notification and, in total, will hold 416,726 Ordinary Shares, being 0.35 per cent of the Company's enlarged issued share capital.

Application has been made for the new Ordinary Shares, which rank pari passu in all respects with the Company's existing Ordinary Shares, to be admitted to trading on AIM which is expected to occur on or around 13 June 2018 ("Admission").

Following Admission, the Company's enlarged issued share capital will comprise of 118,083,378 ordinary shares. The Company does not hold any shares in treasury. This figure of 118,083,378 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For more information contact:

 
Victoria PLC 
 Geoff Wilding, Executive Chairman 
 Philippe Hamers, Group Chief Executive 
 Michael Scott, Group Finance Director          [phone] 
 
  Cantor Fitzgerald Europe (Nominated Adviser 
  and Broker) 
  Rick Thompson, Phil Davies, Will Goode 
  (Corporate Finance) 
  Caspar Shand Kydd, Alex Pollen (Sales)          [phone] 
Berenberg (Joint Broker) 
 Ben Wright, Mark Whitmore                      [phone] 
 (Corporate Broking) 
 
 Buchanan Communications (Financial PR) 
 Charles Ryland, Madeleine Seacombe              [phone] 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       Michael Scott 
     -------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status            Group Finance Director 
     -------------------------  --------------------------------------------- 
 b)   Initial notification       Initial Notification 
       / Amendment 
     -------------------------  --------------------------------------------- 
 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             Ordinary shares in Victoria plc 
       the financial 
       instrument, type           ISIN: GB00BZC0LC10 
       of instrument 
 
       Identification 
       code: 
     -------------------------  --------------------------------------------- 
 b)   Nature of the              Employee Share Scheme / Management Incentive 
       transaction                Plan 
     -------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)      Price      Volume 
                                   GBP8.57    395,476 
     -------------------------  --------------------------------------------- 
 d)   Aggregated information      Price(s)    Aggregated volume 
                                   GBP8.57     395,476 
     -------------------------  --------------------------------------------- 
 e)   Date of the transaction    5 June 2018 
     -------------------------  --------------------------------------------- 
 f)   Place of the transaction   Outside a trading venue 
     -------------------------  --------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHEAXKKEDNPEFF

(END) Dow Jones Newswires

June 07, 2018 02:01 ET (06:01 GMT)