TIDMVIC

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 GBP0.001 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 GBP0.975655 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 /                     Initial notification 
             Amendment 
                                                         ------------------------------------ 
 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               Ordinary Shares of GBP0.001 each 
             instrument, type of instrument 
                                                         ------------------------------------ 
            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 
                                                            GBPnil    220,869 
                                                                     -------------- 
                                                         ------------------------------------ 
                           e) Aggregated information:     N/A - single transaction 
                            i. Aggregated volume 
                            ii. price 
                                                         ------------------------------------ 
            f) Date of the transaction                    20 D ecember 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 /                       Initial notification 
             Amendment 
                                                           ---------------------------------- 
 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                 Ordinary Shares of GBP0.001 each 
             instrument, type of instrument 
                                                           ---------------------------------- 
            b) Identification code                          ISIN: GB00BNVVHD43 
                                                           ---------------------------------- 
            c) Nature of the transaction                    Sale of 104,102 ordinary shares 
                                                             of GBP0.001 each 
                                                           ---------------------------------- 
            d) Price(s) and volume(s)                        Price          No. of shares 
                                                              GBP0.975655    104,102 
                                                                            -------------- 
                                                           ---------------------------------- 
                           e) Aggregated information:       N/A - single transaction 
                            i. Aggregated volume 
                            ii. price 
                                                           ---------------------------------- 
            f) Date of the transaction                      20 D ecember 2023 
                                                           ---------------------------------- 
            g) Place of the transaction                     London Stock Exchange, AIM 
                                                           ---------------------------------- 
 

For further information, please contact:

 
 Victorian Plumbing Group plc                    via FTI Consulting 
  Mark Radcliffe, Chief Executive Officer         +44 20 3727 
  Daniel Barton, Chief Financial Officer          1000 
 
 FTI Consulting (Financial PR)                   +44 20 3727 
  Alex Beagley                                    1000 
  Eleanor Purdon                                  VictorianPlumbing@fticonsulting.com 
  Harriet Jackson 
  Amy Goldup 
 
 Houlihan Lokey UK Limited (Nominated Adviser 
  and Financial Adviser)                         +44 20 7839 
  Sam Fuller, Tim Richardson                      3355 
 
 Barclays Bank PLC (Joint Broker)                +44 20 7623 
  Nicola Tennent, Stuart Muress                   2323 
 
 Deutsche Numis (Joint Broker)                   +44 20 7260 
  Luke Bordewich, Oliver Steele                   1000 
 

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END

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December 22, 2023 05:02 ET (10:02 GMT)

Victorian Plumbing (LSE:VIC)
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