Share Purchases by Chief Executive

RNS Number : 9489K

Victoria PLC

10 May 2022

 

For Immediate Release     10 May 2022

Victoria PLC

('Victoria' or the 'Group')

Share Purchases by Chief Executive

Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, announces Philippe Hamers, Chief Executive, has across yesterday and today purchased a total of 9,717 Ordinary Shares in the Company at an average price of 574 pence per share, for a total consideration of £55,800.

Following these purchases, Mr Hamers is beneficially interested in 217,717 Ordinary Shares, representing 0.19 per cent. of the issued share capital of the Company.

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, Mark Whitmore Peel Hunt (Joint Broker) Adrian Trimmings, Andrew Clark Buchanan Communications (Financial PR) Charles Ryland, Chris Lane, Vicky Hayns, 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 4,000 people across more than 26 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.)

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Philippe Hamers
2.	Reason for the notification
a.	Position/status	Chief Executive Officer
a.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Victoria plc
b.	LEI	LEI 2138002K6ECECHVCQN25
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a.	Description of the Financial instrument, type of instrument Identification code	Ordinary shares of 5 pence each GB00BZC0LC10
b.	Nature of the transaction	Purchases
c.	Price(s) and volume(s)	09/05/2022 1,415 £5.74 09/05/2022 1,549 £5.72 09/05/2022 3,010 £5.68 09/05/2022 1,208 £5.57 09/05/2022   729 £5.86 09/05/2022   724 £5.90 10/05/2022 1,082 £5.96

d.	Aggregated information · Aggregated volume · Price
e.	Date of the transaction	9 and 10 May 2022
f.	Place of the transaction	London Stock Exchange

 

END

 

 

DSHBGGDUIBBDGDG