Victoria PLC Issue of Equity - Retailer Incentivisation Plan (1433M)
10 October 2016 - 11:55PM
UK Regulatory
TIDMVCP
RNS Number : 1433M
Victoria PLC
10 October 2016
10 October 2016
Victoria PLC
('Victoria' or the 'Company')
Issue of Equity - Retailer Incentivisation Plan
The Board of Victoria PLC (the "Company") (LSE: VCP) the
international designers, manufacturers and distributors of
innovative floorcoverings, announces the issue of 1,491 new
ordinary shares of 5 pence each in the Company ("Ordinary Shares")
to certain retail customers of the Group's subsidiary Victoria
Carpets Limited. This is the ninth share issue under the plan which
was established in July 2014 to recognise and reward retailers'
support of Victoria's products. Shares will be issued to qualifying
retailers on a quarterly basis. The new shares were issued at the
closing market price on 7 October 2016 of GBP3.355 per Ordinary
Share. The shares are expected to be admitted to trading on the AIM
Market of the London Stock Exchange on 14 October 2016
("Admission").
The new Ordinary Shares will rank pari passu with the existing
Ordinary Shares in issue. Following Admission, the Company's total
issued share capital will comprise 90,969,396 Ordinary Shares. This
number may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change in their
interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
For more information contact:
Victoria PLC
Geoff Wilding, Executive Chairman
Michael Scott, Group Finance +44 (0) 15
Director 6274 9300
Cantor Fitzgerald Europe
Rick Thompson, Phil Davies,
Michael Reynolds (Corporate +44 (0) 20
Finance) 7894 7000
Buchanan Communications +44 (0) 20
Charles Ryland, Jane Glover 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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October 10, 2016 08:55 ET (12:55 GMT)
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