Exercise of LTIP Share Options
Employees exercised options over 142,000 shares at 5p per share under LTIP scheme.
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Victoria PLC, (LSE: VCP) the international designer, manufacturer and distributor of innovative flooring, announces that options over 142,000 ordinary shares of 5 pence ("Ordinary Shares") under the Victoria Plc 2020 Long Term Incentive Plan have been exercised by certain employees of the Company 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 142,000 Ordinary Shares previously held in treasury to satisfy the exercise of the options. As a result, the Company holds 10,739,391 of its Ordinary Shares in treasury and has 114,725,276 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 Rules.
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