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Victorian Plumbing Announces Executive LTIP Awards for FY25

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Victorian Plumbing Announces Executive LTIP Awards for FY25

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Victorian Plumbing Group Plc ( (GB:VIC) ) has provided an announcement.

Victorian Plumbing Group plc announced changes in the share interests of key executives under its Long Term Incentive Plan (LTIP) for FY25. The awards, given for nil consideration, were granted to CEO Mark Radcliffe and CFO Daniel Barton, with shares subject to performance and employment targets over a three-year period. This move aligns executives’ interests with company performance, indicating a strategic focus on long-term growth and stability, potentially affecting stakeholder confidence and market positioning.

More about Victorian Plumbing Group Plc

Victorian Plumbing Group plc is the UK’s leading bathroom retailer, providing a comprehensive range of high-quality bathroom products to both B2C and trade customers. The company offers a variety of own and third-party brands, catering to a wide range of price points. Victorian Plumbing is renowned for its design and supply chain capabilities, supported by an innovative marketing strategy that enhances brand visibility and customer engagement. The company’s headquarters are located in the North West, with multiple locations across the UK.

YTD Price Performance: 14.33%

Average Trading Volume: 419,621

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £343.4M

See more data about VIC stock on TipRanks’ Stock Analysis page.

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