REG - The Vitec Group PLC - Director/PDMR Shareholding

Wed Aug 22, 2012 12:17pm EDT

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RNS Number : 5997K
The Vitec Group PLC
22 August 2012
 



22 August 2012

 

THE VITEC GROUP PLC

 

 

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility (PDMRs)

 

 

The Vitec Group plc ("the Company") announces that on 22 August 2012 the following options were exercised by PDMRs under the Company's UK Sharesave Plan.

 

 

Name

Position

Number of options exercised

Option price (per share)

Number of shares sold and Price

Resultant holding of the Company's shares following exercise of Sharesave options

Stephen Bird

Chief Executive Officer

6,984

£1.31

None

204,458 ordinary shares (77,821 shares purchased in the market using funds supplied by Mr Bird and held by EES Trustees International Limited, the Trustee used to hold shares in respect of awards made under The Vitec Group 2005 Deferred Bonus Plan)

 

Jon Bolton

PDMR

6,984

£1.31

3,800 shares sold at £6.45 per share (including 1,900 sold by spouse)

16,182 ordinary shares (2,998 shares purchased in the market using funds supplied by Mr Bolton and held by EES Trustees International Limited, the Trustee used to hold shares in respect of awards made under The Vitec Group 2005 Deferred Bonus Plan)

 

 

 

 

Enquiries:

 

Rachael Nelson

Deputy Company Secretary

 

020 8332 4600

 

A Snapshot of The Vitec Group

 

Vitec is an international Group principally serving customers in the broadcast, photographic and military, aerospace and government (MAG) markets. Listed on the London Stock Exchange with 2011 revenue of £351.0 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely. Vitec is organised in three Divisions: Videocom, Imaging, and Services.

Videocom designs and distributes systems and products used in broadcasting and live entertainment, film and video production and MAG.

Imaging designs, manufactures and distributes equipment and accessories for photography, video and events.

Services provides equipment rental, workflow design and technical support for camera, video, audio, fibre optic and wireless technology used by TV production teams and film crews.

 

More information can be found at: www.vitecgroup.com.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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