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Victorian Plumbing Group plc issued and allotted 1,044,056 new ordinary shares of £0.001 each to VG Corporate Trustee Limited, as the trustee of its Employee Benefit Trust, related to deferred bonus and long-term incentive plans. Application has been made for these new shares to be admitted to trading on AIM, with admission expected at 8.00 a.m. on 7 December 2023, at which point the total number of ordinary shares in issue and total voting rights will be 326,272,040.
| Date | 1 Dec 2023 |
| Time | 15:12:50 |
| Category | Capital structure |
| ID | 4502V |
1 December 2023
Victorian Plumbing Group plc
("Victorian Plumbing" or the "Company")
Additional listing application and Total Voting Rights
Victorian Plumbing (AIM: VIC), the UK's leading bathroom retailer, announces that it has issued and allotted 1,044,056 new ordinary shares of £0.001 each in the Company ("Ordinary Shares") to VG Corporate Trustee Limited, as the trustee of the Victorian Plumbing Group Employee Benefit Trust, in connection with the Victorian Plumbing Deferred Bonus Plan (FY22 and FY23 Awards) and Long Term Incentive Plan.
Application has been made to the London Stock Exchange for the 1,044,056 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective and trading will commence in the new Ordinary Shares at 8.00 a.m. on 7 December 2023. The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.
Following Admission, the total number of Ordinary Shares in issue will be 326,272,040 with each share carrying the right to one vote. This figure of 326,272,040 represents the total voting rights in the Company and may be used by shareholders as the denominator for 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 and Transparency Rules.
-ENDS-
For further information, please contact:
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Victorian Plumbing Group plc |
via FTI Consulting |
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Mark Radcliffe, Chief Executive Officer Daniel Barton, Chief Financial Officer |
+44 20 3727 1000 |
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FTI Consulting (Financial PR) Alex Beagley Eleanor Purdon Harriet Jackson Amy Goldup |
+44 20 3727 1000 |
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Houlihan Lokey UK Ltd (Nominated Adviser) Sam Fuller, Tim Richardson |
+44 20 7484 4040 |
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Barclays Bank PLC (Joint Broker) Nicola Tennent, Stuart Muress |
+44 20 7623 2323 |
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Deutsche Numis (Joint Broker) Luke Bordewich, Oliver Steele |
+44 20 7260 1000 |
About Victorian Plumbing Group
Victorian Plumbing is the UK's leading bathroom retailer, offering a wide range of over 34,000 products to B2C and trade customers. Victorian Plumbing offers its customers a one-stop shop solution for the entire bathroom with more than 130 own and third party brands across a wide spectrum of price points.
The Group's product design and supply chain strengths are complemented by its creative and brand-focused marketing strategy, which predominantly focuses on online channels to drive significant and growing traffic to its website.
Headquartered in Skelmersdale, Lancashire, the Group employs over 600 staff across ten locations in Lancashire, Manchester and Birmingham.
For more information, please visit https://www.victorianplumbingplc.com/about-us/