Director purchase of shares under DRIP

RNS Number : 8577G

The Vitec Group PLC

12 May 2014

 

12 May 2014

THE VITEC GROUP PLC

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

Dividend Reinvestment Plan

The Vitec Group plc ("the Company") announces that on 9 May 2014 following payment of the final dividend for the year ended 31 December 2013, Mr Stephen Bird, Group Chief Executive, purchased 968 ordinary shares of 20 pence each at £6.19 per share under the Company's Dividend Reinvestment Plan.

Mr Bird now holds 220,054 ordinary shares, of which 67,228 shares have been purchased in the market using funds supplied by Mr Bird and are 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 & Video, Photographic and Military, Aerospace and Government (MAG) markets. Listed on the London Stock Exchange with 2013 revenue of £315.4 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 to TV production teams and film crews.

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

 

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