Victoria PLC Share Awards under 2018 Management Incentive Plan (3116X)

TIDMVCP

RNS Number : 3116X

Victoria PLC

19 December 2023

Victoria PLC

('Victoria' or the 'Company')

Share Awards under 2018 Management Incentive Plan

Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, announces that 368,454 ordinary shares of 5 pence have been issued to employees of the Company pursuant to the 2018 Management Incentive Plan. None of the recipients of these shares are directors of the Company.

Accordingly, the Company has transferred 368,454 Ordinary Shares previously held in treasury to satisfy the share award under the 2018 Management Incentive Plan. As a result, the Company holds 10,085,794 of its Ordinary Shares in treasury and has 115,378,873 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.

For more information contact:

 
  Victoria PLC                                           www.victoriaplc.com/investors-welcome 
   Geoff Wilding, Executive Chairman                                           Via Walbrook PR 
   Philippe Hamers, Group Chief Executive 
   Brian Morgan, Chief Financial Officer 
  Singer Capital Markets (Nominated Adviser 
   and Joint Broker) 
   Rick Thompson, Phil Davies, James Fischer                               [phone] 
  Berenberg (Joint Broker) 
   Ben Wright, Richard Bootle                                              [phone] 
  Peel Hunt (Joint Broker) 
   Adrian Trimmings, Andrew Clark                                          [phone] 
  Walbrook PR (Media & Investor Relations)      [phone] or [e-mail] 
   Paul McManus, Alice Woodings                             [phone] / +44 (0) 7407 
                                                                                       804 654 
 
 

About Victoria PLC ( www.victoriaplc.com )

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 Company, which is headquartered in Worcester, 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 6,750 people across 30 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 Company'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.)

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCUKURRONUUAAA

(END) Dow Jones Newswires

December 19, 2023 12:00 ET (17:00 GMT)