Director/PDMR Shareholding

RNS Number : 2074U
Vislink PLC
11 October 2010
 



11 October 2010

 

 

 

Vislink plc ("the Company")

 

Vislink plc, ("the Company"), the leading supplier of microwave radio and satellite transmission products for the broadcast and security markets and CCTV systems for the marine security market, announces that the Vislink PLC UK Employee Benefit Trust has purchased 24,360 ordinary shares of 2.5 pence ("Ordinary shares") in the Company at an average price of 17.90 pence per share on 4 October 2010.  The Trustee holds the shares as Nominee for the participants of the Vislink plc Share Investment Plan ("the Plan").

 

As a result the following director of the Company has the following additional interests as a result of his personal participation in the Plan:-

 


Partnership Shares purchased on   4 October 2010 at 17.90p per share

Matching Shares purchased on   4 October 2010 at 17.90p share

Total number of Partnership, Matching and Dividend Shares held on 4 October 2010

Interest of director in Ordinary shares including the shares held by the Trustee for the director ("Total interest")

Percentage of issued share capital in the Company represented by the director's Total interest

James Trumper

699

699

30,920

446,920

0.32%

 

In accordance with the rules of the Plan the director has been awarded the Matching Shares on the basis of one Matching Share for every one Partnership Share.

 

The beneficial ownership of the Matching Shares will pass to the director in three years time subject to continued employment and the retention of the underlying Partnership Shares.

 

-ends-

 

 

For further information contact:

Vislink plc
James Trumper, Company Secretary:  +44 (0) 1488 685500

 

 

                                   

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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