Director/PDMR Shareholding

RNS Number : 1542O

The Vitec Group PLC

08 October 2012

 



8 October 2012

THE VITEC GROUP PLC

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

The Vitec Group plc ("the Company") announces that on 8 October 2012 Stephen Bird, Chief Executive Officer sold 78,439 Ordinary Shares in the Company at a price of £7.12 per share.  The sale was due to personal financial planning reasons.

Following the sale, Stephen Bird retains a holding of 126,019 Ordinary Shares in the Company (including 77,821 shares purchased in the market using funds supplied by Stephen Bird and held by Computershare Trustees (Jersey) Limited, the trustee used to hold shares in respect of awards made under The Vitec Group 2005 Deferred Bonus Plan).

Enquiries:

Jon Bolton

Group Company Secretary

020 8332 4600

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 £351.0 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely. Vitec is organised in three Divisions: Videocom, Imaging and Services.

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

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

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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