Victoria PLC Board Change (1409B)
05 June 2019 - 4:01PM
UK Regulatory
TIDMVCP
RNS Number : 1409B
Victoria PLC
05 June 2019
The information communicated within this announcement is deemed
to constitute inside information as stipulated under the Market
Abuse Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
5 June 2019
Victoria PLC
('Victoria' or the 'Company')
Board Change
The Board of Victoria PLC (LSE: VCP), the international
designers, manufacturers and distributors of innovative
floorcoverings, announces that after 32 years of service to the
Company, Alexander Anton is retiring from the board as a
Non-Executive Director at the end of the Board Meeting on 5 June
2019, in order to focus on his other business interests.
Geoff Wilding, Executive Chairman of Victoria plc,
commented:
"Alexander has given many years of valued service to Victoria
but he has become increasingly busy with other business
commitments. Following the recent successful IPO of Summerway
Capital PLC, where Alexander is Executive Chairman and a
significant shareholder, he felt it was the right time to step
down. On behalf of the shareholders and myself I would like to
express our sincere gratitude for all his work and steadfast
support".
Mr Anton said:
"My family and I are significant shareholders in Victoria and
intend to remain so indefinitely. The Company is executing
consistently on its proven strategy, which will continue to create
wealth for its shareholders."
Ends -
For more information contact:
Victoria PLC
Geoff Wilding, Executive Chairman
Philippe Hamers, Group Chief Executive
Michael Scott, Group Finance Director +44 (0) 1562 749 300
Cantor Fitzgerald Europe (Nominated Adviser
and Joint Broker)
Rick Thompson, Phil Davies, Will Goode
(Corporate Finance)
Caspar Shand Kydd, Andrew Keith (Equity
Sales) +44 (0) 20 7894 7000
Berenberg (Joint Broker)
Ben Wright, Mark Whitmore, Laure Fine (Corporate
Broking)
+44 (0) 203 207 7800
Buchanan Communications (Financial PR)
Charles Ryland, Maddie Seacombe, Tilly
Abraham +44 (0) 20 7466 5000
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, designs, manufactures and
distributes a range of carpet, underlay, LVT (luxury vinyl tile),
ceramic tiles, artificial grass and flooring accessories. Victoria
has operations in the UK, Spain, Italy, Belgium, the Netherlands
and Australia and employs approximately 3,000 people across more
than 20 sites. Victoria is the UK's largest carpet manufacturer and
the second largest in Australia.
The Group's strategy is designed to create value for its
shareholders and is focused on consistently increasing earnings per
share via acquisitions and sustainable organic growth.
The Group's trading subsidiaries, as set out segmentally,
include:
UK & Europe: A. & A. Carpets Ltd, Abingdon Flooring Ltd, Alliance
Distribution Ltd, Avalon B.V, Ceramica Saloni, S.A,
Ceramiche Serra S.p.A., Distinctive Flooring Ltd,
Ezi Floor Ltd, Grass Inc. B.V, Interfloor Ltd, Keraben
Grupo S.A., Millennium Weavers N.V, S.L.U., Sanicova,
S.L., Victoria Carpets Ltd, View Logistics Ltd,
Westex (Carpets) Ltd,
Australia: Primary Flooring Pty Ltd, Quest Flooring Pty Ltd,
The Victoria Carpet Co. Pty Ltd
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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