7th Feb 2019 07:00
For Immediate Release | 7 February 2019 |
Victoria PLC
('Victoria', the 'Company', or the 'Group')
Significant gain on sale of surplus land in Kidderminster
Victoria PLC (LSE: VCP) the international designers, manufacturers and distributors of innovative floorcoverings, is pleased to announce that, following change of planning consent to housing, the Company has sold its former sports ground in Kidderminster that had remained unutilised for more than 20 years.
The site, located a mile from Victoria's Head Office in Kidderminster, had a net book value of £100,000. The site was sold on 6 February 2019 with planning permission for housing for £2,000,000.
For more information contact:
Victoria PLC Geoff Wilding, Executive Chairman Philippe Hamers, Group Chief Executive Michael Scott, Group Finance Director
| +44 (0) 15 6274 9610 |
Cantor Fitzgerald Europe (Nomad and broker) Rick Thompson, Phil Davies, Will Goode (Corporate Finance) Caspar Shand-Kydd (Sales), Andrew Keith (Equity Sales) | +44 (0) 20 7894 7000
|
Berenberg (joint broker) Ben Wright, Mark Whitmore, Laura Fine (Corporate Broking)
| +44 (0) 20 3207 7800 |
Buchanan Communications Charles Ryland, Vicky Hayns, Maddie Seacombe, Tilly Abraham | +44 (0) 20 7466 5000 |
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