2015 DBP Awards

RNS Number : 4368K

The Vitec Group PLC

16 April 2015

 

16 April 2015

THE VITEC GROUP PLC

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility (PDMRs)

Deferred Bonus Plan (DBP) - 2015 Awards

The Vitec Group plc ("the Company") announces that awards under the DBP have been made on 16 April 2015 following purchases of ordinary shares of 20 pence each by Directors and PDMRs. The shares were purchased at a price of £6.4922 and will be held by Capita Trustees Limited in a nominee capacity on behalf of the Directors and PDMRs for three years until vesting. There are no performance conditions or matching shares associated with these awards.

Name	Position	Number of shares purchased to form DBP Award	Amount of 2014 annual bonus deferred with which shares were purchased	Current shareholding*
Stephen Bird	Group Chief Executive	9,240	50%	252,322 (53,522)
Paul Hayes	Group Finance Director	6,531	50%	76,472 (37,724)
Martin Green	PDMR	2,777	30%	32,893 (15,021)
Marco Pezzana	PDMR	2,712	30%	28,204 (11,039)
Matt Danilowicz	PDMR	3,334	30%	22,315 (14,940)
Jon Bolton	PDMR	1,136	20%	26,052 (5,588)

* The number in brackets refers to the number of ordinary shares purchased in the market with funds provided by the Executive Director or PDMR and which are held by Capita Trustees Limited, the Trustee used to hold shares in respect of awards made under The Vitec Group 2005 Deferred Bonus Plan and 2014 Deferred Bonus Plan.

Enquiries:

Jon Bolton

Group Company Secretary

020 8332 4600

A Snapshot of The Vitec Group

Vitec is a global provider of premium branded products and services to the Broadcast and

Photographic markets. Vitec is listed on the London Stock Exchange with 2014 revenue of £309.6 million.

The Group is organised in two Divisions:

The Broadcast Division designs, manufactures and distributes premium branded products for broadcasting, film and video production for broadcasters and independent content creators. It also provides premium services including equipment rental and technical solutions to TV production teams and film crews.

The Photographic Division designs, manufactures and distributes premium branded equipment and provides dedicated solutions to professional and non-professional image takers.

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

 

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