Victoria PLC Issue of Equity - Retailer Incentivisation Plan (6724J)
09 Abril 2015 - 3:00AM
UK Regulatory
TIDMVCP
RNS Number : 6724J
Victoria PLC
09 April 2015
9 April 2015
Victoria PLC
('Victoria' or the 'Company')
Issue of Equity - Retailer Incentivisation Plan
Victoria PLC, (LSE: VCP) a manufacturer, supplier and
distributor of design-led carpets and floorcoverings, announces the
issue of 899 new ordinary shares of 25 pence each in the Company
("Ordinary Shares") to certain retail customers of the Group's
subsidiary Victoria Carpets Limited. This is the third 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 2 April 2015 of 730
pence per Ordinary Share. The shares are expected to be admitted to
trading on the AIM Market of the London Stock Exchange on 14 April
2015 ("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 14,557,478 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 +44 (0) 15
Geoff Wilding 6274 9300
Cantor Fitzgerald Europe
Rick Thompson, David Foreman,
Michael Reynolds (Corporate
Finance)
David Banks, Tessa Sillars +44 (0) 20
(Corporate Broking) 7894 7000
MHP +44 (0) 20
Nick Denton 3128 8100
This information is provided by RNS
The company news service from the London Stock Exchange
END
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