Victoria PLC Inclusion in MSCI Global Small Cap Index (8247G)

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RNS Number : 8247G

Victoria PLC

01 June 2017

01 June 2017

For Immediate Release

Victoria PLC

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

Inclusion in MSCI Global Small Cap Index

Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, with effect from 31 May 2017, has been included in the MSCI Global Small Cap Index; significantly enhancing the Group's exposure to tracker funds in the UK and overseas.

The MSCI Global Small Cap Indexes are designed to measure the performance of the small cap equity market. With 4,242 constituents, the index represents approximately 14% of the free float-adjusted market capitalization in each country.

For more information contact:

Victoria PLC [phone]

Geoff Wilding, Chairman

Michael Scott, Group Finance Director

Cantor Fitzgerald Europe [phone]

(Nominated Adviser & Broker)

Rick Thompson, Phil Davies, Michael Reynolds (Corporate Finance)

Mark Westcott, Caspar Shand-Kydd (Sales)

finnCap [phone]

(Joint Broker)

Matt Goode, Carl Holmes (Corporate Finance)

Tim Redfern (Corporate Broking)

   Buchanan Communications                                          [phone] 

Charles Ryland, Victoria Hayns

About MSCI

For more than 40 years, MSCI's research-based indexes and analytics have helped the world's leading investors build and manage better portfolios. Clients rely on our offerings for deeper insights into the drivers of performance and risk in their portfolios, broad asset class coverage and innovative research.

MSCI's line of products and services includes indexes, analytical models, data, real estate benchmarks and ESG research.

MSCI serves 97 of the top 100 largest money managers, according to the most recent P&I ranking.

For more information, visit us at www.msci.com

About Victoria PLC

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, designs, manufactures and distributes a range of carpet, underlay, artificial grass and flooring accessories. In addition, it markets and distributes a range of complementary LVT (luxury vinyl tile) and hardwood flooring products produced by third-party manufacturers. Victoria has operations in the UK, the Netherlands and Australia and employs approximately 1,800 people across 17 sites. Victoria is the UK's largest carpet manufacturer and the second largest in Australia.

The Group's strategy is designed to create wealth for its shareholders, focussed on constantly increasing earnings per share via acquisitions and sustainable organic growth. Growth for the Group is fundamentally driven by three aims:

   --     achieving a leading position in UK, Europe and Australia; 

-- continuing to seek and deliver cross-business synergies to drive like-for-like margin improvement; and by

   --     consolidating a fragmented market place with earning-enhancing acquisitions. 

The Group's subsidiaries, as set out segmentally, include:

 
 UK & Europe:   Abingdon Flooring Ltd, Alliance Distribution 
                 Ltd, Carpet Line Direct Ltd, Ezifloor 
                 Limited, Gaskell Mackay Carpets Ltd, 
                 Interfloor Group Ltd, Thomas Witter 
                 Carpets Ltd, Victoria Carpets Ltd, 
                 View Logistics Ltd, Westex (Carpets) 
                 Ltd, Whitestone Weavers Ltd, Avalon 
                 Grass BV, Grass Inc. BV. 
 Australia:     Dunlop Flooring Pty Ltd, Quest Carpet 
                 Manufacturers Pty Ltd, and The Victoria 
                 Carpet Co. Pty Ltd 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 01, 2017 04:00 ET (08:00 GMT)