Director/PDMR Shareholding

RNS Number : 7024D

The Vitec Group PLC

17 September 2008

 



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 THE VITEC GROUP PLC	2.	State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1 .4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)   NOTIFICATION RELATES TO (i)
3.	Name of person discharging managerial responsibilities/director ROLAND PEATE	4.	State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person -
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 PERSON REFERRED TO IN 3 ABOVE	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares -
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 EXERCISE OF 14,906 OPTIONS (OUT OF AN ORIGINAL AWARD ON 2 JUNE 2005 OF 16,666 SHARES, THE REMAINDER OF WHICH LAPSED DUE TO ONLY PARTIAL ACHIEVEMENT OF THE PERFORMANCE CONDITION) UNDER THE VITEC GROUP 2005 LONG TERM INCENTIVE PLAN AND SUBSEQUENT SALE OF 5,898 OF THE SHARES. EXERCISE OF BASIC AWARD OF 1,476 SHARES AND A MATCHING AWARD OF 2,515 UNDER THE VITEC GROUP 2001 DEFERRED BONUS PLAN AND SUBSEQUENT SALE 0F 1,027 OF THE SHARES. EXERCISE OF 33,333 OPTIONS UNDER THE VITEC GROUP 2002 UNAPPROVED SHARE OPTION PLAN AND SUBSEQUENT SALE OF 27,959 OF THE SHARES.
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) -
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) -
13.	Price per share or value of transaction -	14.	Date and place of transaction -
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 -

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

complete the following boxes

17.	Date of grant -	18.	Period during which or date on which exercisable -
19.	Total amount paid (if any) for grant of the option -	20.	Description of shares or debentures involved (class and number) -
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 UNDER THE VITEC GROUP 2005 DEFERRED BONUS PLAN  2,172 UNDER THE VITEC GROUP 2005 LONG TERM INCENTIVE PLAN  20,769
23.	Any additional information -	24.	Name of contact and telephone number for queries ROLAND PEATE  020 6939 4650

Name of authorised official of issuer responsible for making notification                                         ROLAND PEATE Date of notification                  17 SEPTEMBER 2008

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.

 

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