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The Vitec Group PLC (VTC)

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Friday 15 April, 2011

The Vitec Group PLC

Director/PDMR Shareholding

RNS Number : 0319F
The Vitec Group PLC
15 April 2011
 



Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

 

All relevant boxes should be completed in block capital letters.

 

1.

Name of the issuer

 

 

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R (PDMR),

(ii) a disclosure made in accordance

LR 9.8.6R(1) (Director) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

 


The Vitec Group plc

 


Notification relates to (i)

3.

Name of person discharging managerial

responsibilities/director

 

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 


Francesco bernardi


n/a

 

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a nonbeneficial

interest 1

 

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 


PDMR named in 3. above

 


Ordinary shares of 20 pence each

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

 

8.

State the nature of the transaction

 

 


N/A


 

exercise of a core award of 5,268 shares made on 14 april 2008 under the VITEC GROUP 2005 DEFERRED BONUS PLAN AND ISSUE OF 466 DIVIDEND SHARES DUE IN RESPECT OF THAT CORE AWARD.  NO MATCHING AWARD HAS BEEN MADE IN RESPECT OF THIS AWARD DUE TO THE PERFORMANCE CONDITION FAILING TO BE ACHIEVED

 

9.

Number of shares, debentures or financial

instruments relating to shares acquired

 

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 


N/A

 


N/A

11.

Number of shares, debentures or financial

instruments relating to shares disposed

 

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 


n/a

 


n/a

 

 

 

 

 

 

13.

Price per share or value of transaction

 

14.

Date and place of transaction


N/A


N/A

 

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

16.

Date issuer informed of transaction

 

 

 

 


67,558, 0.16% (INCLUDES 10,254 SHARES PURCHASED IN THE MARKET USING FUNDS SUPPLIED BY MR BERNARDI 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

 



 

 

If a person discharging managerial responsibilities has been granted options by the issuer

complete the following boxes

 

17.

Date of awards

 

 

18.

Period during which or date on which exercisable

 


N/A

 


N/A

 

19.

Total amount paid (if any) for grant of the option

 

20.

Description of shares or debentures involved (class and number)

 


N/A


N/A

 

21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise

22.

Total number of shares or debentures over which options held following notification

 

 


N/A

 


UNDER THE VITEC GROUP 2005 DEFERRED BONUS PLAN  20,508 (ASSUMES 100% ACHIEVEMENT OF PERFORMANCE CONDITION)

 

UNDER THE 2005 LONG TERM INCENTIVE PLAN 210,143 (ASSUMES 100% ACHIEVEMENT OF PERFORMANCE CONDITION)

 

UNDER THE 2002 UNAPPROVED SHARE OPTION PLAN  54,421

 

UNDER THE VITEC GROUP 2002 INTERNATIONAL SHARESAVE PLAN                                                                   7,151

 

 

 

 

23.

Any additional information

 

24.

Name of contact and telephone number for queries

 


N/A

 


Jenny Hogg  020 8939 4664

 

Name of authorised official of issuer responsible for making notification

Jon Bolton, Company Secretary

 

Date of notification:  15 April 2011

 

 

 

Notes:    This form is intended for use by an issuer to make a RIS notification required by DR 3.3.

 

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 


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