TIDMVCP

RNS Number : 4639Y

Victoria PLC

22 December 2010

Issued by Citigate Dewe Rogerson Ltd, Birmingham

Date: Wednesday, 22 December 2010

IMMEDIATE RELEASE

VICTORIA PLC

International manufacturer & distributor of carpets & floorcoverings,

supplying the mid to high end residential and contract markets in the UK and overseas

Long Term Incentive Plan ('LTIP')

On 22 December 2010, the under mentioned executive directors and other persons discharging managerial responsibilities (PDMRs) were granted market value options with an exercise price of 236.00p of ordinary shares of 25p under the Victoria PLC Long Term Incentive Plan (LTIP).

These options are exercisable between 2013 and 2020 dependent upon the satisfaction of certain performance criteria under the terms of the LTIP. The number of options was determined using a share price of 236.00p per share.

 
                                                              Maximum total 
                                                               interest in 
                                       Options granted on   Ordinary Shares in 
                                        22 December 2010      Victoria PLC, 
                                       over the following    including these 
                        Participant     number of Shares         options 
 Executive Directors 
 Alan Bullock                                36,017              228,264 
 Ian Davies                                  27,542              166,070 
 Barry Poynter                               49,460              201,973 
 Other PDMRs 
 Terry Danks                                 13,427               78,361 
 Shaun Lewis                                 12,275               70,893 
 Neil Glover                                 11,784               67,458 
 Trevor Chippendale                          12,569               72,024 
 Anne Seymour                                27,771              113,214 
 Sean Kelly                                  15,347               81,281 
 

Note 1:The options have each been granted with a restriction such that they can only be exercised to the extent that the options granted to the same participant on 23 December 2008 have either lapsed or have been given up by the participant. As a participant may only exercise either the options granted in December 2008 or the options granted in December 2010 but not both the maximum number of shares that may be acquired through the exercise of options under the LTIP has not increased.

 
 Enquiries: 
 Victoria PLC                         Citigate Dewe Rogerson 
 Ian Davies, Group Finance Director   Keith Gabriel, Senior Account Manager 
 Office: +44 (0) 1562 749300          Office: +44 (0) 121 362 4035 
 www.victoriaplc.com 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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