Blocklisting Application for Sharesave Schemes

RNS Number : 5411N

The Vitec Group PLC

09 August 2017

 

9 August 2017

The Vitec Group plc (the "Company")

Blocklisting Application for Sharesave Schemes

Application has been made to the UK Listing Authority and to the London Stock Exchange for admission to (i) the Official List and (ii) to trading on the London Stock Exchange's main market for a blocklisting of securities in respect of 630,000 ordinary shares of 20p each (the "Shares") in the Company. It is expected that admission will become effective on 14 August 2017.

The Shares will be issued from time to time, pursuant to the exercise of options under certain Company share option schemes and will be allocated as follows: 500,000 under The Vitec Group 2011 International Sharesave Plan and 130,000 under The Vitec Group 2011 UK Sharesave Scheme. They will be issued credited as fully paid and will rank pari passu in all effects with the existing Ordinary Shares of the Company.

Enquiries:

Jon Bolton

Group Company Secretary

020 8332 4600

A snapshot of The Vitec Group

Vitec is a leading global provider of premium branded products and solutions to the fast changing and growing "image capture and sharing" market.

Vitec's customers include broadcasters, independent content creators, photographers and enterprises, and our activities comprise: design, manufacture and distribution of high performance products and software including camera supports, wireless systems, robotic camera systems, prompters, LED lights, mobile power, monitors and bags.

We employ around 1,600 people across the world in ten different countries and are organised in two Divisions: Broadcast and Photographic.

The Vitec Group plc is listed on the London Stock Exchange with 2016 revenue of £376.2 million.

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

LEI number: 2138007H5DQ4X8YOCF14

 

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