Transaction in Own Shares

RNS Number : 4782I

Vitec Group PLC (The)

21 March 2018

 

21 March 2018      

The Vitec Group plc

TRANSACTION IN OWN SHARES

On 21 March 2018, The Vitec Group plc ("the Company") bought 60,000 ordinary shares in the Company (the "Ordinary shares") to be held in treasury, at a price of 1270 pence per Ordinary share. The shares held in treasury will be primarily used to cover NIC costs in relation to the Company's Long Term Incentive Plan.

Following the purchase of the above Ordinary shares, the Company's issued share capital consists of 45,008,519 Ordinary shares, of which 75,600 Ordinary shares are held in treasury. Therefore, the total number of shares with voting rights in the Company is now 44,932,919.

The above figure 44,932,919 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

Jon Bolton

Group Company Secretary

Telephone: [phone]

A snapshot of The Vitec Group plc

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 solutions including camera supports, camera mounted electronic accessories, 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 three Divisions: Imaging Solutions, Production Solutions and Creative Solutions.

The Vitec Group plc is listed on the London Stock Exchange with 2017 adjusted revenue* of £378.1 million.

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

LEI number: 2138007H5DQ4X8YOCF14

Notes:

* Revenue from continuing and discontinued operations

 

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