Exercise of LTIP Share Options
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Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, announces that 90,000 ordinary shares of 5 pence have been issued to an employee of the Company pursuant to the Victoria PLC 2020 Long Term Incentive Plan ("the LTIP Options") at an exercise price of 5 pence per Ordinary Share. The recipient of the shares is not a director of the Company or a person discharging managerial responsibilities.
Accordingly, the Company has transferred 90,000 Ordinary Shares previously held in treasury to satisfy the exercise of the LTIP Options. As a result, the Company holds 11,451,694 of its Ordinary Shares in treasury and has 114,012,973 Ordinary Shares in issue (excluding treasury shares). This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency.
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