Victoria plc (AIM:VCP) commences share repurchases on March 13, 2024, under the program mandated by the shareholders in the Annual General Meeting held on September 29, 2023. As per the mandate, the company is authorized to repurchase up to 17,251,562 shares, representing 15% of its issued share capital. The minimum price (exclusive of expenses) which may be paid for each ordinary share is £0.05 and the maximum price which may be paid for each ordinary share shall not be higher of 105% of the average of the average of the middle market quotations of an ordinary share in the Company as derived from the AIM Appendix to the Daily Official List of the London Stock Exchange for the five business days immediately before the day on which the purchase is made and the higher of the price of the last independent trade of an ordinary share and the highest current independent bid for an ordinary share on the trading venue where the purchase is carried out.

The shares purchased may either be cancelled or held as treasury shares. The authority shall expire at the conclusion of the next Annual General Meeting of the company or 18 months after the passing of this resolution, whichever is earlier. As of September 5, 2023, the company had 10,454,248 ordinary shares in treasury.