The Vitec Group PLC
01 June 2007
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
1. Name of the issuer
THE VITEC GROUP PLC
2. State whether the notification relates to (i) a transaction
notified in accordance with DR 3.1.4R(1)(a); or
(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324
(as extended by section 328) of the Companies Act 1985; or
(iii) both (i) and (ii)
NOTIFICATION RELATES TO (i)
3. Name of person discharging managerial responsibilities/director
MARTIN GREEN
4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify
the connected person
-
5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest
PERSON REFERRED TO IN 3 ABOVE
6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares
20p ORDINARY SHARES
7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them
-
8. State the nature of the transaction
EXERCISE OF OPTION GRANTED UNDER THE VITEC GROUP 2002 UNAPPROVED SHARE
OPTION PLAN AND SUBSEQUENT SALE OF SHARES
9. Number of shares, debentures or financial instruments relating to shares
acquired
-
10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)
-
11. Number of shares, debentures or financial instruments relating to shares
disposed
10,000
12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)
0.02
13. Price per share or value of transaction
EXERCISE PRICES £3.575 PER SHARE
SALE PRICE £6.10 PER SHARE
14. Date and place of transaction
1 JUNE 2007, LONDON
15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)
-
16. Date issuer informed of transaction
1 JUNE 2007
If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes
17. Date of grant
-
18. Period during which or date on which it can be exercised
-
19. Total amount paid (if any) for grant of the option
-
20. Description of shares or debentures involved (class and number)
-
21. Exercise price (if fixed at time of grant) or indication that price is
to be fixed at the time of exercise
-
22. Total number of shares or debentures over which options held following
notification
UNDER THE VITEC GROUP 2002 UNAPPROVED SHARE OPTION PLAN 20,571
UNDER THE VITEC GROUP 2001 DEFERRED BONUS PLAN 1,801
UNDER THE VITEC GROUP 2005 LONG TERM INCENTIVE PLAN 32,485
23. Any additional information
-
24. Name of contact and telephone number for queries
ROLAND PEATE 020 8939 4650
Name and signature of duly authorised officer of issuer responsible for
making notification
ROLAND PEATE
Date of notification
1 JUNE 2007
This information is provided by RNS
The company news service from the London Stock Exchange
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