Victoria PLC Issue of Equity - Retailer Incentivisation Plan (5847M)
21 Janeiro 2016 - 8:52AM
UK Regulatory
TIDMVCP
RNS Number : 5847M
Victoria PLC
21 January 2016
21 January 2016
Victoria PLC
('Victoria' or the 'Company')
Issue of Equity - Retailer Incentivisation Plan
The Board of Victoria PLC (LSE: VCP) the international
designers, manufacturers and distributors of innovative
floorcoverings, announces the issue of 103 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 sixth 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 20 January 2016 of GBP10.75 per Ordinary Share. The shares
are expected to be admitted to trading on the AIM Market of the
London Stock Exchange on 27 January 2016 ("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 18,193,169 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
Geoff Wilding, Executive Chairman
Michael Scott, Group Finance +44 (0) 15
Director 6274 9300
Cantor Fitzgerald Europe
Rick Thompson, Phil Davies,
Michael Reynolds (Corporate
Finance)
David Banks, Tessa Sillars +44 (0) 20
(Corporate Broking) 7894 7000
Buchanan Communications +44 (0) 20
Charles Ryland, Jane Glover 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
January 21, 2016 05:52 ET (10:52 GMT)
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