Transaction in Own Shares

RNS Number : 0424R

Vitec Group PLC (The)

25 February 2019

 

25 February 2019

The Vitec Group plc

TRANSACTION IN OWN SHARES

On 25 February 2019, The Vitec Group plc ("the Company") bought 58,000 ordinary shares in the Company (the "Ordinary shares") to be held in treasury, at a price of 1210 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 45,404,419 Ordinary shares, of which 133,600 Ordinary shares are held in treasury. Therefore, the total number of shares with voting rights in the Company is now 45,270,819.

The above figure 45,270,819 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 moving and growing "image capture and content creation" 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, bags, motion control and noise reduction equipment.

We employ around 1,800 people across the world in 13 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 2018 revenue of £385.4 million.

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

LEI number: 2138007H5DQ4X8YOCF14

 

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