For Immediate Release                                                                             17 February 2022

Victoria PLC

('Victoria' or the 'Group')

Exercise of LTIP Share Options and Warrants and Director Shareholdings

Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, announces that on 16 February 2022, a total of 66,663 new ordinary shares of 5 pence each ("Ordinary Shares") were issued as a result of the exercise of share options and warrants pursuant to Victoria Plc senior management Long Term Incentive Plans ("LTIP"), at an exercise price of 5 pence per Ordinary Share.  Of these new Ordinary Shares, 45,000 were issued to Philippe Hamers, CEO, in relation to his 2020 LTIP.

Application will be made for 66,663 new Ordinary Shares to be admitted to trading on AIM ("Admission"), which is expected to occur on or around 18 February 2022.

Following Admission, the Company will have a total issued share capital of 116,918,572 Ordinary Shares each carrying one voting right. The Company holds 8,546,095 Ordinary Shares in treasury. Therefore, following the issue of the new Ordinary Shares, the total number of voting rights in the Company will be 116,918,572. 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.

In order to settle the income tax that is immediately due on this share issue, on the same day Mr Hamers sold 22,000 ordinary shares at a price of £8.75 per share.  Following the share issue and share sale, Mr Hamers is beneficially interested in 208,000 Ordinary Shares, representing 0.18 per cent. of the issued share capital of the Company.