Victoria PLC appoints new CFO, grants options

Published 15/04/2025, 15:34
Victoria PLC appoints new CFO, grants options

LONDON - Victoria PLC (LSE: VCP), a global flooring company, announced the appointment of Alec Pratt as its new Chief Financial Officer Designate and the grant of share options under its Long Term Incentive Plan. Pratt’s appointment, effective today, follows a previous announcement on March 17, 2025.

The company has granted Pratt options over 1,666,666 ordinary shares at a price of 5 pence each. These options are set to vest over a period leading up to the tenth anniversary of the grant date, contingent on his continued employment with Victoria. The vesting schedule includes specific tranches for the first three anniversaries and additional criteria-based vesting between the fourth and tenth anniversaries.

Victoria PLC, known for its innovative flooring products, operates across multiple countries, employing around 5,600 people. The firm’s strategy focuses on creating shareholder value through acquisitions and sustainable growth.

This announcement is based on a press release statement from Victoria PLC.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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