TIDMVCP

RNS Number : 6336H

Victoria PLC

04 December 2020

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon publication of this announcement, this information is now considered to be in the public domain.

Victoria PLC

('Victoria', or the 'Company')

Victoria PLC (LSE: VCP) the international designers, manufacturers and distributors of innovative floorcoverings, announces that Michael Scott, Group Finance Director, sold 176,726 ordinary shares at GBP6.05 on 3 December 2020 in order to meet tax liabilities linked to his participation in a previous fully-vested Long Term Incentive Plan. Following this sale, Mr Scott's interest in the Company is 240,000 ordinary shares, representing 0.21% of the issued share capital of the Company.

 
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 
1   Details of the person discharging managerial responsibilities/person closely associated 
a.  Name                                                              Michael Scott 
2   Reason for notification 
a.  Position/Status                                                   Group Finance Director 
b.  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                                                               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       Ordinary Shares of 5 pence 
     Identification Code                                               ISIN: GB00BZC0LC10 
b.  Nature of the transaction                                         Sale of Ordinary Shares 
c.  Price(s) and volume(s)                                            Price(s)   Volume(s) 
                                                                       GBP6.05    176,726 
d.  Aggregated information                                            Price(s)   Volume(s) 
                                                                       GBP6.05    176,726 
e.  Date of the transaction-                                          3 December 2020 
f.  Place of the transaction                                          London Stock Exchange 
 
 
For more information contact:Victoria PLC 
  Geoff Wilding, Executive Chairman 
  Philippe Hamers, Group Chief Executive 
  Michael Scott, Group Finance Director       +44 (0) 1562 749 610 
 N+1 Singer (Nominated Adviser and Joint 
  Broker) 
  Rick Thompson, Phil Davies, Alex Bond       +44 (0) 207 496 3095 
 Berenberg (Joint Broker) 
  Ben Wright, Mark Whitmore 
  Peel Hunt (Joint Broker) 
  Adrian Trimmings, Andrew Clark              +44 (0) 203 207 7800 
  Buchanan Communications (Financial PR)       +44 (0) 207 418 8900 
  Charles Ryland, Chris Lane, 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, 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 and Australia and employs approximately 3,400 people across more than 20 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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END

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December 04, 2020 07:09 ET (12:09 GMT)

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