Director/PDMR Shareholding

RNS Number : 5620V

Vitec Group PLC (The)

10 August 2020

 

10 August 2020

The Vitec Group plc

Notification of Transactions by Directors and Persons Discharging Managerial Responsibilities (PDMRs)

The Vitec Group plc (the "Company") announces a purchase of shares in the Company by Stephen Bird, Group Chief Executive, as set out below.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Bird
2	Reason for the notification
a)	Position/status	Group Chief Executive
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	The Vitec Group plc
b)	LEI	2138007H5DQ4X8YOCF14
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of 20 pence each ("ordinary shares") ISIN: GB0009296665
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £6.54 10,000
d)	Aggregated information - Aggregated volume - Price	N/A as single transaction
e)	Date of the transaction	7 August 2020
f)	Place of the transaction	London Stock Exchange

Following the above transaction, Stephen Bird's holding is now 317,957 ordinary shares in the Company. This includes 30,771 ordinary shares purchased in the market with funds provided by Stephen Bird and held by Apex Fund Services, the Trustee used to hold shares in respect of awards made under the 2014 Deferred Bonus Plan, and 2,000 shares held by a connected person.

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 products and solutions to the fast changing and growing "image capture and content creation" 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 solutions including camera supports and accessories, wired and wireless video transmission systems, robotic camera systems, prompters, LED lighting, mobile power, monitors, bags, motion control, smartphone accessories, 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

 

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