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LONDON - Victorian Plumbing Group plc (AIM:VIC), the UK’s leading bathroom retailer, announced Thursday that its Chair, Philip Bowcock, sold 181,000 ordinary shares on July 2.
According to the company’s statement, Bowcock sold the shares at £0.7621 per share, generating proceeds of £137,940.10. The sale was conducted to cover tax and national insurance liabilities arising from 381,679 ordinary shares being released from restrictions under his restricted share award.
Following the transaction, Bowcock retains 893,718 ordinary shares in Victorian Plumbing, representing approximately 0.27% of the company’s issued share capital.
The transaction was executed on the London Stock Exchange (LON:LSEG)’s AIM market and was reported in accordance with the Market Abuse Regulation requirements, as stated in the company’s press release.
Victorian Plumbing trades on the AIM market under the ticker VIC.
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