01 June 2017
For Immediate Release
Victoria PLC
('Victoria,' the 'Company,' or the 'Group')
Inclusion in MSCI Global Small Cap Index
Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, with effect from 31 May 2017, has been included in the MSCI Global Small Cap Index; significantly enhancing the Group's exposure to tracker funds in the UK and overseas.
The MSCI Global Small Cap Indexes are designed to measure the performance of the small cap equity market. With 4,242 constituents, the index represents approximately 14% of the free float-adjusted market capitalization in each country.
For more information contact:
Victoria PLC +44 (0) 1562 749 300
Geoff Wilding, Chairman
Michael Scott, Group Finance Director
Cantor Fitzgerald Europe +44 (0) 20 7894 7000
(Nominated Adviser & Broker)
Rick Thompson, Phil Davies, Michael Reynolds (Corporate Finance)
Mark Westcott, Caspar Shand-Kydd (Sales)
finnCap +44 (0) 20 7220 0500
(Joint Broker)
Matt Goode, Carl Holmes (Corporate Finance)
Tim Redfern (Corporate Broking)
Buchanan Communications +44 (0) 20 7466 5000
Charles Ryland, Victoria Hayns
About MSCI
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For more information, visit us at www.msci.com
About Victoria PLC
Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L), Victoria PLC, is an international manufacturer and distributor of innovative flooring products. The Group, which is headquartered in Kidderminster, designs, manufactures and distributes a range of carpet, underlay, artificial grass and flooring accessories. In addition, it markets and distributes a range of complementary LVT (luxury vinyl tile) and hardwood flooring products produced by third-party manufacturers. Victoria has operations in the UK, the Netherlands and Australia and employs approximately 1,800 people across 17 sites. Victoria is the UK's largest carpet manufacturer and the second largest in Australia.
The Group's strategy is designed to create wealth for its shareholders, focussed on constantly increasing earnings per share via acquisitions and sustainable organic growth. Growth for the Group is fundamentally driven by three aims:
· achieving a leading position in UK, Europe and Australia;
· continuing to seek and deliver cross-business synergies to drive like-for-like margin improvement; and by
· consolidating a fragmented market place with earning-enhancing acquisitions.
The Group's subsidiaries, as set out segmentally, include:
UK & Europe: |
Abingdon Flooring Ltd, Alliance Distribution Ltd, Carpet Line Direct Ltd, Ezifloor Limited, Gaskell Mackay Carpets Ltd, Interfloor Group Ltd, Thomas Witter Carpets Ltd, Victoria Carpets Ltd, View Logistics Ltd, Westex (Carpets) Ltd, Whitestone Weavers Ltd, Avalon Grass BV, Grass Inc. BV. |
Australia: |
Dunlop Flooring Pty Ltd, Quest Carpet Manufacturers Pty Ltd, and The Victoria Carpet Co. Pty Ltd |
