Completion of £150m Preferred Equity Investment
For Immediate Release 17 January 2022
Victoria PLC
('Victoria' or the 'Group')
Completion of the Preferred Equity Investment of £150 million
from Koch Equity Development
The board of Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, is pleased to advise that, following the approval of the preferred equity investment by shareholders at a general meeting held on 13 January, the transaction has completed and Victoria has received £150 million (before fees and expenses) from Koch Equity Development.
Alongside the Group's existing financial resources, this capital will be carefully deployed to support Victoria's acquisition-led growth whilst maintaining the Board's long-expressed leverage policy.
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