Victoria PLC Placing of existing 1,000,000 ordinary shares (4294V)
07 Agosto 2015 - 5:29AM
UK Regulatory
TIDMVCP
RNS Number : 4294V
Victoria PLC
07 August 2015
7 August 2015
Victoria PLC
('Victoria', the 'Company', or the 'Group')
Placing of existing 1,000,000 ordinary shares in Victoria
Victoria is pleased to announce that Cantor Fitzgerald Europe
has placed 1,000,000 existing ordinary shares of 25 pence each,
representing 6.86 per cent of Victoria's issued share capital with
institutional investors at 1117.5p per share. The shares have been
placed on behalf of Camden Holdings Limited ("Camden") to help
satisfy continuing institutional demand (the "Placing").
Camden is a company owned by The Camden Trust of which Geoff
Wilding, the Chairman of Victoria, is the settlor and a
discretionary beneficiary. Following the Placing, Geoff Wilding
remains beneficially interested in 6,087,730 ordinary shares, which
represents 41.77 per cent of the issued share capital of the
Company.
Geoff Wilding, Chairman of Victoria PLC commented:
"I agreed to the Placing in order to improve the liquidity of
Victoria's shares and to build the company's shareholder base.
These factors will become increasingly important as we continue to
grow Victoria into a substantial business. I remain the largest
shareholder in Victoria with almost 42 per cent. of the shares and,
given this fact, shareholders can be assured I remain committed to
Victoria's objective: 'to create wealth for our shareholders'. I
will not be selling any further shares in the foreseeable
future."
- Ends -
For more information contact:
Victoria PLC
Geoff Wilding
Alexander Anton +44 (0) 207 440 7520
Cantor Fitzgerald Europe (Nominated
Adviser and Broker)
Rick Thompson, Phil Davies,
David Foreman, Michael Reynolds
(Corporate Finance)
David Banks, Tessa Sillars
(Corporate Broking) +44 (0) 20 7894 7000
Whitman Howard Limited (Joint
Broker)
Niall Devins, Ranald McGregor-Smith
MHP Communications (Financial +44 (0) 20 7659 1234
PR)
Nick Denton +44 (0) 20 3128 8100
This information is provided by RNS
The company news service from the London Stock Exchange
END
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