Grant of Sharesave Options

RNS Number : 2144A

The Vitec Group PLC

25 September 2015

 

25 September 2015

THE VITEC GROUP PLC

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

Grant of options under Sharesave Scheme

The Vitec Group plc ("the Company") announces that on 25 September 2015 the following grant of options over ordinary shares of 20 pence each was made under either The Vitec Group's 2011 UK Sharesave Scheme or 2011 International Sharesave Plan to Executive Directors and PDMRs.

Name	Position	Scheme	Award of Sharesave Options	Option Price	Expected maturity date
Stephen Bird	Group Chief Executive	UK	2,560	£4.92	1 November 2018
Paul Hayes	Group Finance Director	UK	1,829	£4.92	1 November 2018
Marco Pezzana	PDMR	International	1,170	£4.92	1 November 2018
Jon Bolton	PDMR	UK	1,829	£4.92	1 November 2018

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 2014 revenue of £309.6 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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