Exercise of Sharesave option by PDMR

RNS Number : 5423Z

The Vitec Group PLC

15 March 2017

 

15 March 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 15 March 2017 the following option was exercised by a PDMR under The Vitec Group's 2011 International Sharesave Scheme.

Name	Position	Number of options exercised and shares retained	Option price (per share)	Resultant holding of the Company's shares following exercise of Sharesave options
Marco Pezzana	PDMR	656	£5.02	33,545 ordinary shares (10,378 shares purchased in the market using funds supplied by Mr Pezzana and held by Capita Trustees Limited, the Trustee used to hold shares in respect of awards made under The Vitec Group 2005 and 2014 Deferred Bonus Plan)

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 services 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; and premium services including technical solutions, systems integration and equipment rental for TV production teams, film crews and enterprises.

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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