Directors' Notification of Dealing in Shares
Vitec Group PLC
DEALINGS BY DIRECTORS
1) NAME OF COMPANY
VITEC GROUP PLC
2) NAME OF DIRECTOR
PHILIP E CUSHING
3) Please state whether notification indicates that it is in respect of
holding of the Director named in 2 above or holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest
DIRECTOR NAMED IN 2 ABOVE
4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them. (If notified)
5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)
6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary
AWARD UNDER THE VITEC GROUP PREMIUM OPTION PLAN
7) Number of shares/amount of
stock acquired
8) ( % )
of issued Class
9) Number of shares/amount
of stock disposed
10) ( % )
of issued Class
11) Class of security
12) Price per share
13) Date of transaction
14) Date company informed
15) Total holding following this notification
16) Total percentage holding of issued class following this notification
IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
COMPLETE THE FOLLOWING BOXES
17) Date of grant
2 MAY 2000
18) Period during which or date on which exercisable
SUBJECT TO ACHIEVEMENT OF RELEVANT SHARE PRICE THRESHOLDS, OPTIONS ARE
EXERCISABLE BETWEEN 3RD AND 10TH ANNIVERSARIES OF GRANT
19) Total amount paid (if any) for grant of the option
NIL
20) Description of shares or debentures involved: class, number.
FIRST TIER: 75,000 SHARES
SECOND TIER: 100,000 SHARES
21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise
FIRST TIER: £6.61
SECOND TIER: £7.93
22) Total number of shares or debentures over which options held
following this notification
OPTIONS OVER 175,000 SHARES
LTIP AWARD OVER 22,321 SHARES
23) Any additional information
THIS NOTIFICATION RELATES TO AN OPTION GRANT UNDER THE VITEC GROUP PREMIUM
OPTION PLAN
24) Name of contact and telephone number for queries
R D PEATE
01494 679800
25) Name and signature of authorised company official responsible for
making this notification
Date of Notification 2 MAY 2000
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