Replacement: Director/PDMR Shareholding

RNS Number : 2796C

The Vitec Group PLC

12 April 2013

 



12 April 2013

THE VITEC GROUP PLC

Notification of Transactions of Persons Discharging Managerial Responsibility (PDMRs)

The Vitec Group plc ("the Company") announces that on 12 April 2013, following the vesting of options under the Company's International Sharesave Plan, the following transaction was completed by a PDMR in the ordinary shares of the Company.  The option price is now correctly stated as £3.63 per share.

Name	Position	Number of options exercised	Option price (per share)	Number of shares sold	Price per share at which shares sold	Resultant holding of the Company's shares following exercise of Sharesave options
Steve Shpock	PDMR	976	£3.63	976	£6.2874	6,060 ordinary shares (6,060)*

* The figure in brackets indicates the number of ordinary shares purchased in the market with funds provided by Steve Shpock and 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 2012 revenue of £345.3 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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