TIDMVCP

RNS Number : 5942H

Victoria PLC

08 June 2017

8 June 2017

Victoria PLC

('Victoria' or the 'Company')

Management Incentive Plan Award

Further to the Company's announcement on 3 May 2016, Michael Scott, Chief Financial Officer has been awarded 5,350 C ordinary shares (the "C Shares"), in connection with the long term management incentive plan that the Company established in 2016 (the "Plan").

The C shares are in an intermediate holding company and between 1 July 2019 and 30 June 2020 Mr Scott will be able to exchange the C Shares into ordinary shares in Victoria PLC ("Ordinary Shares") of equivalent value. The monetary value of the award represents approximately 0.61% of the growth in value of the Ordinary Shares above a share price of GBP6.75. The Plan is subject to good leaver and bad leaver provisions and is closely aligned with the interests of the Company's shareholders.

For more information contact:

Victoria PLC +44 (0) 1562 749 300

Geoff Wilding, Chairman

Michael Scott, Group Finance Director

Cantor Fitzgerald Europe +44 (0) 20 7894 7000

(Nominated Adviser & Broker)

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

Mark Westcott, Caspar Shand-Kydd (Sales)

finnCap +44 (0) 20 7220 0500

(Joint Broker)

Matt Goode, Carl Holmes (Corporate Finance)

Tim Redfern (Corporate Broking)

   Buchanan Communications                                                      +44 (0) 20 7466 5000 

Charles Ryland, Victoria Hayns

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCSSSFIAFWSELM

(END) Dow Jones Newswires

June 08, 2017 11:43 ET (15:43 GMT)

Victoria (LSE:VCP)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Victoria Charts.
Victoria (LSE:VCP)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Victoria Charts.