Transaction in Own Shares

RNS Number : 8196E

The Vitec Group PLC

13 April 2011

 



 

 

 

 

13 April 2011

 

THE VITEC GROUP PLC

 

EES Trustees International Limited, as trustee of the Vitec Group Employee Trust (ET), purchased 41,252 shares of The Vitec Group plc on 12 April 2011 at an average price of 6.10p per share in connection with the future exercise of incentive scheme awards.    

The Executive Directors of The Vitec Group plc are included as potential beneficiaries under the ET and are deemed to be interested in those shares and the dealings thereof.

Following these transactions, the ET holds 741,007 ordinary shares on which dividends are waived and are treated as non dilutive.

JON BOLTON

GROUP COMPANY SECRETARY

A Snapshot of The Vitec Group

Vitec is an international Group principally serving customers in the broadcast, photographic and military, aerospace and government (MAG) markets. Listed on the London Stock Exchange with 2010 revenue of £310 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely.  Vitec is organised in three divisions:  Imaging & Staging, Videocom and Services.

Imaging & Staging designs, manufactures and distributes equipment and accessories for photography, video and events.

Videocom designs and distributes systems and products used in broadcasting and live entertainment, film and video production and MAG.

Services provides equipment rental, workflow design and technical support for camera, video, audio, fibre optic and wireless technology used by TV production teams and film crews.

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

 

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