Blocklisting Application for Sharesave Schemes

RNS Number : 0021A

Vitec Group PLC (The)

24 September 2020

 

24 September 2020

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 200,000 ordinary shares of 20p each (the "Shares") in the Company. It is expected that admission will become effective on 25 September 2020.

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: 40,000 under The Vitec Group 2011 UK Sharesave Scheme; 10,000 under The Vitec Group 2020 UK Sharesave Plan; 140,000 under The Vitec Group 2011 International Sharesave Plan; and 10,000 under The Vitec Group 2020 International Sharesave Plan. 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 plc

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

Vitec's customers include broadcasters, production and rental companies, independent content creators, photographers and enterprises. Our product portfolio includes camera supports, video transmission systems and monitors, smartphone accessories, robotic camera systems, prompters, LED lighting, mobile power, bags and motion control, audio capture and noise reduction equipment.

We employ around 1,600 people across the world in 11 different countries and are organised in three Divisions: Imaging Solutions, Production Solutions and Creative Solutions.

The Vitec Group plc is listed on the London Stock Exchange with 2019 revenue of £376.1 million.

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

LEI number: 2138007H5DQ4X8YOCF14

 

END

 

 

ALSGRGDCIUDDGGS