Exercise of LTIP Share Options
289,264 LTIP share options exercised at 5p per share by employees.
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Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, announces that 289,264 ordinary shares of 5 pence ("Ordinary Shares") have been issued to employees of the Company pursuant to the exercise of options under the Company's long term incentive plans at an exercise price of 5 pence per Ordinary Share. None of the recipients of these shares are directors of the Company or persons discharging managerial responsibilities.
Accordingly, the Company has transferred 289,264 Ordinary Shares previously held in treasury to satisfy the exercise of the options. As a result, the Company holds 10,881,391 of its Ordinary Shares in treasury and has 114,583,276 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.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.