Home / Knowledge / News / Textiles / Victoria issues equity & contract liability settlement
Victoria issues equity & contract liability settlement
30
Jul '14
Victoria PLC, the international designers, manufacturers and distributors of floorcoverings, announces that following the termination of the Contract by Camden Holdings Limited, the resultant cash liability of the Company to Camden Holdings Limited has been satisfied by the issuance of 7,087,730 Ordinary Shares. 
 
Application has been made to the London Stock Exchange for the admission of 7,087,730 Ordinary Shares which are expected to be admitted to trading on AIM on 30 July 2014 ("Admission").  The new Ordinary Shares rank pari passu with the existing shares of the Company.  
 
Following Admission, the Company will have a total of 14,175,460 Ordinary Shares in issue. This is the figure which may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
 
Camden is a company owned by The Camden Trust of which Mr. Wilding is the settlor and a discretionary beneficiary. All definitions contained in this announcement have the same meaning as those defined in the circular to shareholders dated 20 June 2014.
 

Victoria PLC

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

PVH Corp Q1 2017 revenue rises 4%

The first quarter revenue of fiscal 2017 at apparel marketer PVH Corp ...

Courtesy: Levi Strauss & Co

Apparel/Garments | On 26th May 2017

LS&Co. to fund water saving solutions

LS&Co. will fund to the tune of more than $350,000 the solutions...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search