Director/PDMR Shareholding

RNS Number : 1458B

The Vitec Group PLC

11 April 2012

 

11 April 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 11 April 2012 the following options were exercised by PDMRs under the Company's International Sharesave Plan.

Name	Position	Number of options exercised	Option price (per share)	Number of shares sold	Sale price on exercise date (per share)	Resultant holding of the Company's shares following exercise of Sharesave options
Jerry Gepner	PDMR	5,517	£1.39	1,516	£6.65	13,816 ordinary shares (9,815 shares purchased in the market using funds supplied by Mr Gepner 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)
Steve Shpock	PDMR	1,839	£1.39	1,839	£6.65	553 ordinary shares (553 shares purchased in the market using funds supplied by Mr Shpock 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:

Jon Bolton

Group 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 & Staging, and Services.

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

Imaging & Staging 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.

 

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