Director/PDMR Shareholding

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.

 

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