Victoria PLC LTIP Share Options & Director Shareholdings (9242B)
February 17 2022 - 2:00AM
UK Regulatory
TIDMVCP
RNS Number : 9242B
Victoria PLC
17 February 2022
For Immediate Release 17 February 2022
Victoria PLC
('Victoria' or the 'Group')
Exercise of LTIP Share Options and Warrants and Director
Shareholdings
Victoria PLC, (LSE: VCP) the international designers,
manufacturers and distributors of innovative flooring, announces
that on 16 February 2022, a total of 66,663 new ordinary shares of
5 pence each ("Ordinary Shares") were issued as a result of the
exercise of share options and warrants pursuant to Victoria Plc
senior management Long Term Incentive Plans ("LTIP"), at an
exercise price of 5 pence per Ordinary Share. Of these new Ordinary
Shares, 45,000 were issued to Philippe Hamers, CEO, in relation to
his 2020 LTIP.
Application will be made for 66,663 new Ordinary Shares to be
admitted to trading on AIM ("Admission"), which is expected to
occur on or around 18 February 2022.
Following Admission, the Company will have a total issued share
capital of 116,918,572 Ordinary Shares each carrying one voting
right. The Company holds 8,546,095 Ordinary Shares in treasury.
Therefore, following the issue of the new Ordinary Shares, the
total number of voting rights in the Company will be 116,918,572.
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
Rules.
In order to settle the income tax that is immediately due on
this share issue, on the same day Mr Hamers sold 22,000 ordinary
shares at a price of GBP8.75 per share. Following the share issue
and share sale, Mr Hamers is beneficially interested in 208,000
Ordinary Shares, representing 0.18 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 +44 (0) 1562 749
Michael Scott, Group Finance Director 610
Singer Capital Markets (Nominated Adviser and Joint
Broker) +44 (0) 207 496
Rick Thompson, Phil Davies, Alex Bond 3095
Berenberg (Joint Broker) +44 (0) 203 207
Ben Wright, Mark Whitmore 7800
Peel Hunt (Joint Broker) +44 (0) 207 418
Adrian Trimmings, Andrew Clark 8900
Buchanan Communications (Financial PR) +44 (0) 20 7466
Charles Ryland, Chris Lane, Vicky Hayns, Tilly Abraham 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, Turkey,
the United States and Australia and employs
approximately 4,000 people across more
than 26 sites. Victoria is the UK'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 Initial notification
/Amendment
------------------------------ -----------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------
a. Name Victoria plc
------------------------------ -----------------------------------------------
b. LEI 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 Options over ordinary shares of 5 pence each
of the Financial
instrument, GB00BZC0LC10
type of instrument
Identification
code
------------------------------ -----------------------------------------------
b. Nature of the Grant of options pursuant to and in accordance
transaction with the terms of the Company's Share Option
Scheme dated
------------------------------ -----------------------------------------------
c. Price(s) and Exercise No of Options
volume(s) price
--------- --------------
5p 45,000
--------- --------------
------------------------------ -----------------------------------------------
d. Aggregated
information
* Aggregated volume
* Price
------------------------------ -----------------------------------------------
e. Date of the 16 February 2022
transaction
------------------------------ -----------------------------------------------
f. Place of the Outside a trading venue
transaction
------------------------------ -----------------------------------------------
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 Initial notification
/Amendment
------------------------------ --------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a. Name Victoria plc
------------------------------ --------------------------------
b. LEI 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 Ordinary shares of 5 pence each
of the Financial
instrument, GB00BZC0LC10
type of instrument
Identification
code
------------------------------ --------------------------------
b. Nature of the Sale of Ordinary Shares
transaction
------------------------------ --------------------------------
c. Price(s) and Price Volume
volume(s) --------- -------
GBP8.75 22,000
---------- -------
------------------------------ --------------------------------
d. Aggregated
information N/A
* Aggregated volume
* Price
------------------------------ --------------------------------
e. Date of the 16 February 2022
transaction
------------------------------ --------------------------------
f. Place of the London Stock Exchange
transaction
------------------------------ --------------------------------
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END
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