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Victoria PLC Director Increases Stake with Significant Share Purchase
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Victoria PLC Director Increases Stake with Significant Share Purchase

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Victoria ( (GB:VCP) ) has provided an update.

Victoria PLC announced that Gavin Petken, a Non-Executive Director, has purchased 255,099 ordinary shares, bringing his total holding to 263,115 shares, representing 0.23% of the company’s issued share capital. This transaction reflects a strategic investment by a key company executive, potentially indicating confidence in the company’s continued growth and stability within the flooring industry.

More about Victoria

Victoria PLC, established in 1895 and listed since 1963, is an international manufacturer and distributor of innovative flooring products. Headquartered in Worcester, UK, the company designs, manufactures, and distributes carpets, flooring underlay, ceramic tiles, luxury vinyl tiles, artificial grass, and flooring accessories. Operating in multiple countries including the UK, Spain, Italy, Belgium, and others, Victoria is Europe’s largest carpet manufacturer and the second largest in Australia.

Average Trading Volume: 2,231,067

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £78.41M

For an in-depth examination of VCP stock, go to TipRanks’ Stock Analysis page.

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