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Share Purchases by Chief Executive

10th May 2022 11:21

RNS Number : 9489K
Victoria PLC
10 May 2022
 

For Immediate Release 10 May 2022

Victoria PLC

('Victoria' or the 'Group')

Share Purchases by Chief Executive

 

Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, announces Philippe Hamers, Chief Executive, has across yesterday and today purchased a total of 9,717 Ordinary Shares in the Company at an average price of 574 pence per share, for a total consideration of £55,800.

 

Following these purchases, Mr Hamers is beneficially interested in 217,717 Ordinary Shares, representing 0.19 per cent. of the issued share capital of the Company.

 

For more information contact:

Victoria PLC

Geoff Wilding, Executive Chairman

Philippe Hamers, Group Chief Executive

Michael Scott, Group Finance Director

 

+44 (0) 1562 749 610

 

Singer Capital Markets (Nominated Adviser and Joint Broker)

Rick Thompson, Phil Davies, Alex Bond

 

 

+44 (0) 207 496 3095

Berenberg (Joint Broker)

Ben Wright, Mark Whitmore

 

Peel Hunt (Joint Broker)

Adrian Trimmings, Andrew Clark

 

Buchanan Communications (Financial PR)

Charles Ryland, Chris Lane, Vicky Hayns, Tilly Abraham

+44 (0) 203 207 7800

 

+44 (0) 207 418 8900

 

+44 (0) 20 7466 5000

 

About Victoria

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Group, which is headquartered in Kidderminster, UK, designs, manufactures and distributes a range of carpet, flooring underlay, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring accessories.

 

Victoria has operations in the UK, Spain, Italy, Belgium, the Netherlands, Turkey, the United States and Australia and employs approximately 4,000 people across more than 26 sites. Victoria is the UK's largest carpet manufacturer and the second largest in Australia, as well as the largest manufacturer of underlay in both regions. 

 

The Group's strategy is designed to create value for its shareholders and is focused on consistently increasing earnings and cash flow per share via acquisitions and sustainable organic growth. (Further information about Victoria can be found on its website, www.victoriaplc.com.)

 

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Philippe Hamers

2. 

Reason for the notification

a. 

Position/status

Chief Executive Officer

a. 

Initial notification

/Amendment

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a. 

Name

Victoria plc

b. 

LEI

LEI 2138002K6ECECHVCQN25

4. 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a. 

Description of the Financial instrument, type of instrument

Identification code

Ordinary shares of 5 pence each

 

GB00BZC0LC10

b. 

Nature of the transaction

Purchases 

c. 

Price(s) and volume(s)

09/05/2022

1,415

£5.74

09/05/2022

1,549

£5.72

09/05/2022

3,010

£5.68

09/05/2022

1,208

£5.57

09/05/2022

729

£5.86

09/05/2022

724

£5.90

10/05/2022

1,082

£5.96

 

d. 

Aggregated information

·Aggregated volume

·Price 

 

 

 

e. 

Date of the transaction

9 and 10 May 2022

f. 

Place of the transaction

London Stock Exchange

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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