26 April 2012
Victoria PLC
Directorate Change
Victoria PLC ('Victoria' or 'Company'), a leading international manufacturer, supplier and distributor of contemporary design-led carpets, carpet tiles and other floorcoverings, today announces that Ian Davies, Group Finance Director, will be leaving the Group on 8 August 2012 to join Vislink plc as Finance Director.
Ian will remain with the Group until that date to complete the FY12 financial reporting and to ensure an orderly succession.
Katherine Innes Ker, Chairman, commented:
"On behalf of the Board I would like to thank Ian for his significant contribution to the Group since he joined in March 2007. I have thoroughly enjoyed working with Ian. I understand why he felt he could not refuse this opportunity to return to the technology sector, in which he had spent the majority of his career prior to joining Victoria, and wish him every success for the future. The succession process is in hand and the Board intends to have the appointment in place in good time."
Alan Bullock, Group Managing Director, said:
"Ian has been an important part of the Group's development during the past five years and has made a valuable contribution to the Company's success. We are most grateful for all Ian has done whilst at Victoria, but understand his decision to further his career in the technology sector. We wish him all the very best for the future."
Enquiries:
Victoria PLC
Alan Bullock, Group Managing Director
Ian Davies, Group Finance Director
Tel: +44 (0) 1562 749300
Brunswick Group
Kate Holgate
Mazar Masud
Tel: +44 (0)20 7404 5959
Notes to editors
Victoria PLC
Victoria PLC is a leading international manufacturer, supplier and distributor of contemporary design-led carpets, carpet tiles and other floorcoverings. It was originally founded in 1895 from a small factory weaving tapestry carpets in Victoria Road, Kirkcaldy, Scotland, and aims to be the leading quality floorcovering brand in Australasia and the United Kingdom.