Director/PDMR Shareholding

RNS Number : 0111P

The Vitec Group PLC

17 March 2009

 



Annex DTR3

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,  (ii) a disclosure made in accordance  LR 9.8.6R(1) 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
	Alastair Hewgill		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
	Director 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
	Director named in 3. above		Exercise of 56,645 options (out of an original award on 2 June 2005 of 63,333 shares, the remainder of which lapsed due to partial achievement of the performance condition) under The Vitec Group 2005 Long Term Incentive Plan and subsequent sale of 23,674 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)
	32,971 shares		0.078%
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)
	23,674 shares		0.056%
13.	Price per share or value of transaction	14.	Date and place of transaction
	153.5 pence		16 March 2009, London
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
	171,246 shares, 0.40% (includes 22,636 shares purchased in the market using funds supplied by Mr Hewgill and held by Halifax EES Trustees International Limited, the trustee used to hold shares in respect of awards made under The Vitec Group 2005 Deferred Bonus Plan)		16 March 2009

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  45,272 (assumes 100% achievement of performance condition) Under The Vitec Group 2005 Long Term Incentive Plan  79,895 Under The 2002 Unapproved Share Option Plan  107,224
23.	Any additional information -	24.	Name of contact and telephone number for queries -

Name of authorised official of issuer responsible for making notification Jon Bolton, Company Secretary Date of notification:  17 March 2009

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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