Victoria PLC Management Incentive Plan Award (5942H)
June 08 2017 - 11:43AM
UK Regulatory
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
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