Victoria PLC Purchase of Own Shares (1360G)
March 28 2022 - 2:00AM
UK Regulatory
TIDMVCP
RNS Number : 1360G
Victoria PLC
28 March 2022
For Immediate Release 28 March 2022
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the Company's obligations under Article 17 of MAR.
Victoria PLC
('Victoria' or the 'Group')
Purchase of Own Shares
The Company announces that it has purchased 7,500 of its
ordinary shares of 5 pence each ("Ordinary Shares") at a weighted
average price of 909.46 pence per share (the "Share Purchase")
pursuant to the authorities obtained at the Company's last annual
general meeting to make market purchases up to a maximum aggregate
of 11,685,190 Ordinary Shares. The Share Purchase is being funded
from excess cash.
Aggregated information:
Date of purchase 25 March 2022
Number of Ordinary Shares purchased 7,500
Highest price paid per share 911.45p
Lowest price paid per share 904.00p
Volume weighted average price paid 909.46p
Transaction details:
In accordance with Article 5(1)(b) of Regulation (EU) No
596/2014 (the Market Abuse Regulation) (which forms part of
domestic UK law pursuant to the European Union (Withdrawal) Act
2018), a detailed breakdown of individual trades is available
below:
Number of Ordinary Shares purchased Transaction price (GBp) Time of transaction Trading venue
5,500 911.45p 11:56:19 AIMX
2,000 904.00p 16:38:51 AIMX
The repurchased shares will be held in treasury. Following the
purchase of these shares, Victoria holds 8,592,185 of its Ordinary
Shares in treasury and has 116,872,482 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
The person responsible for arranging the release of this announcement on behalf of the Company
is Michael Scott, Group Finance Director.
For more information contact:Victoria PLC
Geoff Wilding, Executive Chairman
Philippe Hamers, Group Chief Executive
Michael Scott, Group Finance Director +44 (0) 1562 749 610
Singer Capital Markets (Nominated Adviser
and Joint Broker)
Rick Thompson, Phil Davies, Alex Bond +44 (0) 207 496 3095
Berenberg (Joint Broker)
Ben Wright, Mark Whitmore, Tejas Padalkar
Peel Hunt (Joint Broker)
Adrian Trimmings, Andrew Clark +44 (0) 203 207 7800
Buchanan Communications (Financial PR) +44 (0) 207 418 8900
Charles Ryland, Chris Lane, Vicky Hayns,
Tilly Abraham +44 (0) 20 7466 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 USA, and Australia and employs approximately
4,500 people across more than 27 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 .)
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 rns@lseg.com 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
POSFLFFDVVIEFIF
(END) Dow Jones Newswires
March 28, 2022 02:00 ET (06:00 GMT)
Victoria (LSE:VCP)
Historical Stock Chart
From Aug 2024 to Sep 2024
Victoria (LSE:VCP)
Historical Stock Chart
From Sep 2023 to Sep 2024