Director/PDMR Shareholding

RNS Number : 8030R

The Vitec Group PLC

11 March 2016

 

11 March 2016

THE VITEC GROUP PLC

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility (PDMRs)

Purchase of shares by Stephen Bird

The Vitec Group plc ("the Company") announces the following purchase of shares that were completed on 10 March 2016:-

Mr Stephen Bird, Group Chief Executive, purchased 10,000 ordinary shares of 20 pence each at £5.56 per share.  These will be held beneficially by Mr Bird in his SIPP.

Mr Bird now holds 265,614 ordinary shares, of which 53,522 shares have been purchased in the market using funds supplied by Mr Bird and are held by Capita Trustees Limited, the Trustee used to hold shares in respect of awards made under The Vitec Group 2005 and 2014 Deferred Bonus Plan. 

Enquiries:

Jon Bolton

Group Company Secretary

020 8332 4600

A Snapshot of The Vitec Group

Vitec is a global provider of premium branded products and services to the Broadcast and Photographic markets. Vitec is listed on the London Stock Exchange with 2015 revenue of £317.8 million.

The Group is organised in two Divisions:

The Broadcast Division designs, manufactures and distributes premium branded products for broadcasting, film and video production for broadcasters and independent content creators. It also provides premium services including equipment rental and technical solutions to TV production teams and film crews.

The Photographic Division designs, manufactures and distributes premium branded equipment and provides dedicated solutions to professional and non-professional image takers.

More information can be found at: www.vitecgroup.com.

 

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