Victoria PLC Operational Mgmt Buy More Than 300,000 Shares (0210L)

TIDMVCP

RNS Number : 0210L

Victoria PLC

11 May 2022

For Immediate Release 11 May 2022

Victoria PLC

('Victoria' or the 'Group')

Operational Management Buy More Than 300,000 Shares

The Board of Victoria PLC (LSE: VCP), the international designer, manufacturer and distributor of innovative flooring, is delighted to note that members of its operational management team have bought 323,000 shares in the Company .

Geoff Wilding, Victoria's Executive Chairman said,

Our operational management have continued to successfully manage inflationary pressures and, together with their visibility of resilient demand from our customers, clearly remain confident in their ability to create wealth for shareholders.

Including today's purchases, our operational management (excluding board directors) now own approximately 4 million shares in the Company, reflecting their commitment to Victoria ."

 
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, Richard Bootle 
 
  Peel Hunt (Joint Broker)                    +44 (0) 203 207 7800 
  Adrian Trimmings, Andrew Clark 
                                               +44 (0) 207 418 8900 
  Buchanan Communications (Financial PR) 
  Charles Ryland, Chris Lane, 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 United States and Australia and employs 
  approximately 4,500 people across 30 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.)

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May 11, 2022 02:01 ET (06:01 GMT)

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