Exercise of a Sharesave option by a PDMR

RNS Number : 8823U
Vitec Group PLC (The)
27 October 2017
 

27 October 2017

 

THE VITEC GROUP PLC

 

 

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

 

Exercise of options under Sharesave Scheme

 

The Vitec Group plc ("the Company") announces that on 27 October 2017 the following option was exercised by a PDMR under The Vitec Group's 2011 International Sharesave Scheme.

 

 

Name

Position

Number of options exercised

Option price (per share)

Number of shares sold and sale price

Number of shares retained

Resultant holding of the Company's shares following exercise of Sharesave options

Martin Vann

PDMR

731

£5.22

300 ordinary shares at £11.20 per share

431 ordinary shares

431 ordinary shares

 

 

Enquiries:

 

Jon Bolton

Group Company Secretary

 

020 8332 4600

 

A Snapshot of The Vitec Group 

Vitec is a leading global provider of premium branded products and solutions to the fast changing and growing "image capture and sharing" 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 software including camera supports, wireless systems, robotic camera systems, prompters, LED lights, mobile power, monitors and bags.

We employ around 1,700 people across the world in ten different countries and are organised in two Divisions: Broadcast and Photographic.

The Vitec Group plc is listed on the London Stock Exchange with 2016 revenue of £376.2 million.

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

LEI number: 2138007H5DQ4X8YOCF14

 


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