VIC.L

Victorian Plumbing Group plc
Victorian Plumbing - Director / PDMR Dealing Notification
22nd December 2023, 10:01
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RNS Number : 7833X
Victorian Plumbing Group PLC
22 December 2023
 

22 December 2023

 

Victorian Plumbing Group plc

(the "Company")

 

Director / PDMR Dealing Notification

 

On 20 December 2023, the Company was notified that Daniel Barton, CFO of the Company, had exercised, in aggregate, options over 220,869 ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares") granted and vested pursuant to the Company's Long Term Incentive Plan and Deferred Bonus Plan (the "Exercise"). 220,869 Ordinary Shares held in the Victorian Plumbing Group Employee Benefit Trust have been utilised to satisfy the Exercise (the "Option Shares").

 

In addition, the Company has been notified that Daniel Barton subsequently sold 104,102 Option Shares at a price of £0.975655 per Option Share to cover the tax liabilities and dealing costs resulting from the Exercise.

 

Following these transactions, Daniel Barton holds 159,592 Ordinary Shares, representing approximately 0.049 per cent of the Ordinary Shares in issue.

 

1.   Details of the person discharging managerial responsibilities/person closely associated

 

a) Name

Daniel Barton

2.   Reason for the notification


a)   Position/status

PDMR - Chief Financial Officer

b)   Initial notification / Amendment

Initial notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)   Name

Victorian Plumbing Group plc

b)   LEI

894500R59II0S4WXGZ04

4.   Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)   Description of the financial instrument, type of instrument

Ordinary Shares of £0.001 each

b)   Identification code

ISIN: GB00BNVVHD43

c)   Nature of the transaction

Exercise of share options granted pursuant to the Victorian Plumbing Group plc Long Term Incentive Plan and Deferred Bonus Plan

d)   Price(s) and volume(s)

Price

No. of shares

£nil

220,869

e)   Aggregated information:

i. Aggregated volume

ii. price

N/A - single transaction

f)    Date of the transaction

20 December 2023

g)   Place of the transaction

Outside a trading venue

 

 

1.   Details of the person discharging managerial responsibilities/person closely associated

 

a) Name

Daniel Barton

2.   Reason for the notification


a)   Position/status

PDMR - Chief Financial Officer

b)   Initial notification / Amendment

Initial notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)   Name

Victorian Plumbing Group plc

b)   LEI

894500R59II0S4WXGZ04

4.   Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)   Description of the financial instrument, type of instrument

Ordinary Shares of £0.001 each

b)   Identification code

ISIN: GB00BNVVHD43

c)   Nature of the transaction

Sale of 104,102 ordinary shares of £0.001 each

d)   Price(s) and volume(s)

Price

No. of shares

£0.975655

104,102

e)   Aggregated information:

i. Aggregated volume

ii. price

N/A - single transaction

f)    Date of the transaction

20 December 2023

g)   Place of the transaction

London Stock Exchange, AIM

 

 

For further information, please contact:

 

Victorian Plumbing Group plc

Mark Radcliffe, Chief Executive Officer

Daniel Barton, Chief Financial Officer

via FTI Consulting

+44 20 3727 1000



FTI Consulting (Financial PR)

Alex Beagley

Eleanor Purdon

Harriet Jackson

Amy Goldup

+44 20 3727 1000

VictorianPlumbing@fticonsulting.com

 

 

Houlihan Lokey UK Limited (Nominated Adviser and Financial Adviser)

Sam Fuller, Tim Richardson

+44 20 7839 3355



Barclays Bank PLC (Joint Broker)

Nicola Tennent, Stuart Muress

+44 20 7623 2323



Deutsche Numis (Joint Broker)

Luke Bordewich, Oliver Steele 

+44 20 7260 1000

 

 

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