Victoria PLC Issue of Equity & Contract Liability Settlement (6600N)
29 Julho 2014 - 1:00PM
UK Regulatory
TIDMVCP
RNS Number : 6600N
Victoria PLC
29 July 2014
29 July 2014
Victoria PLC
('Victoria' or the 'Company')
Settlement of liability of Contract for Differences ("Contract")
and
Admission of New Ordinary Shares
Victoria PLC, (LSE: VCP) the international designers,
manufacturers and distributors of floorcoverings, announces that
following the termination of the Contract by Camden Holdings
Limited, the resultant cash liability of the Company to Camden
Holdings Limited has been satisfied by the issuance of 7,087,730
Ordinary Shares.
Application has been made to the London Stock Exchange for the
admission of 7,087,730 Ordinary Shares which are expected to be
admitted to trading on AIM on 30 July 2014 ("Admission"). The new
Ordinary Shares rank pari passu with the existing shares of the
Company. Following Admission, the Company will have a total of
14,175,460 Ordinary Shares in issue. This is the figure which 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.
Camden is a company owned by The Camden Trust of which Mr.
Wilding is the settlor and a discretionary beneficiary. All
definitions contained in this announcement have the same meaning as
those defined in the circular to shareholders dated 20 June
2014.
For more information contact:
Victoria PLC +44 (0) 15 6274
Geoff Wilding 9300
Cantor Fitzgerald Europe
Rick Thompson, David Foreman (Corporate
finance) +44 (0) 20 7894
Richard Redmayne (Corporate broking) 7000
MHP
Nick Denton +44 (0) 20 3128
Vicky Watkins 8100
This information is provided by RNS
The company news service from the London Stock Exchange
END
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