Operational Mgmt Buy More Than 300,000 Shares

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 [phone] Singer Capital Markets (Nominated Adviser and Joint Broker) Rick Thompson, Phil Davies, Alex Bond [phone] Berenberg (Joint Broker) Ben Wright, Richard Bootle Peel Hunt (Joint Broker) Adrian Trimmings, Andrew Clark Buchanan Communications (Financial PR) Charles Ryland, Chris Lane, Tilly Abraham [phone] [phone] [phone] 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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