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Victoria PLC (VCP.L)

VCP.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Victoria PLC announces acquisition of Interfloor Group Limited
Friday, 11 Sep 2015 02:00am EDT 

Victoria PLC:Says that it has agreed to acquire the entire issued share capital and shareholder indebtedness of Interfloor Group Limited the UK manufacturer of carpet underlay and related accessories, for a total enterprise value of GBP65.0 million from Milestone Capital, Hutton Collins Partners, and management.As part of this transaction, Victoria is also pleased to advise that Cantor Fitzgerald Europe has placed 2,504,223 new ordinary shares of 25 pence each in the capital of the company at a placing price of 1230 pence per Ordinary Share.  Full Article

Victoria PLC announces acquisition of Quest Carpets
Friday, 7 Aug 2015 02:00am EDT 

Victoria PLC:Says acquisition of Australian carpet manufacturer Quest Carpet Manufacturers Pty Ltd and Quest Carpet Manufacturers Unit Trust, (together Quest)(acquisition), for an initial cash consideration of about A$24.5 mln (11.5 mln Pounds).And deferred cash consideration of A$10.5 mln (4.9 mln Pounds), payable in instalments of A$3.5 mln (1.6 mln Pounds) on anniversary of completion for each of next three years.Total consideration represents a multiple of little under 5 times Quest's normalised EBITDA for year ended June 30, 2015.Acquisition is being funded, in Australian dollars, using Victoria's existing facilities with Barclays Bank and HSBC.  Full Article

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