RNS Number : 9303G
Victorian Plumbing Group PLC
14 March 2024
 

14 March 2024

 

Victorian Plumbing Group plc

("Victorian Plumbing" or "Company")

 

Director/PDMR Dealing and

Change of name of Nominated Adviser

 

Victorian Plumbing (AIM: VIC), the UK's leading bathroom retailer, makes the following announcement in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (596/2014EU), which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, in respect of ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares").

 

The Company was notified on 14 March 2024 by Mark Radcliffe (CEO) that he had, on that date, received 5,354,015 Ordinary Shares at nil consideration from his mother, Carole Radcliffe.

 

Following this transaction, Mark Radcliffe holds 158,433,657 Ordinary Shares, representing approximately 48.55% of the Company's issued share capital.

 

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

 

a) Name

Mark Radcliffe

2.   Reason for the notification


a)   Position/status

Chief Executive 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

Purchase of Ordinary Shares

d)   Price(s) and volume(s)

Price

Volume

Nil

5,354,015

e)   Aggregated information:

i. Aggregated volume

ii. price

n/a

f)    Date of the transaction

14 March 2024

g)   Place of the transaction

United Kingdom

 

The Company has also been notified that, as a consequence of an internal reorganisation, its Nominated Adviser has changed its registered name from Houlihan Lokey UK Limited to Houlihan Lokey Advisory Limited.

 

 

 

For further information, please contact:

 

Victorian Plumbing Group plc

Mark Radcliffe, Chief Executive Officer

Paul Meehan, 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 Advisory Limited (Nominated 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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