Director/PDMR Shareholding

RNS Number : 2558F

The Vitec Group PLC

20 April 2011

 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

20 April 2011

The Vitec Group plc (Vitec or the Company)

Sale of Trust Shares

Over the period 18 - 19 April 2011, a total of 22,691 ordinary shares were transferred out of the Vitec Employee Benefit Trust (the Vitec EBT) to satisfy awards of shares to participants in the Vitec Group Long Term Incentive Plan.

The Executive Directors of The Vitec Group plc are included as potential beneficiaries under the ET and are deemed to be interested in those shares and the dealings thereof.

Following the above transfers, the subsequent holding of the Vitec EBT is 707,123 ordinary shares representing 1.7% of the issued share capital.

Jon Bolton

Group Company Secretary

A Snapshot of The Vitec Group

Vitec is an international Group principally serving customers in the broadcast, photographic and military, aerospace and government (MAG) markets. Listed on the London Stock Exchange with 2011 revenue of £310 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely.  Vitec is organised in three divisions:  Imaging & Staging, Videocom and Services.

Imaging & Staging designs, manufactures and distributes equipment and accessories for photography, video and events.

Videocom designs and distributes systems and products used in broadcasting and live entertainment, film and video production and MAG.

Services provides equipment rental, workflow design and technical support for camera, video, audio, fibre optic and wireless technology used by TV production teams and film crews.

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

 

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