Exercise of Sharesave Option

RNS Number : 3813V

The Vitec Group PLC

15 April 2016

 

15 April 2016

THE VITEC GROUP PLC

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

Exercise of options under Sharesave Scheme

The Vitec Group plc ("the Company") announces that on 15 April 2016 the following option was exercised by a PDMR under The Vitec Group's 2011 International Sharesave Scheme.

Name	Position	Number of options exercised and shares retained	Option price (per share)	Resultant holding of the Company's shares following exercise of Sharesave options
Marco Pezzana	PDMR	1,047	£5.43	32,889 ordinary shares (10,378 shares purchased in the market using funds supplied by Mr Pezzana and 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 for photographic and video cameras and provides dedicated solutions to professional and non-professional image takers.

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

 

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