Director/PDMR Shareholding

RNS Number : 3334F

The Vitec Group PLC

22 May 2013

 



22 May 2013

THE VITEC GROUP PLC

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

Purchase of shares by Executive Directors

The Vitec Group plc ("the Company") announces the following purchases of shares that were completed on 22 May 2013.

Mr Stephen Bird, Group Chief Executive, purchased 10,000 ordinary shares of 20 pence each at £5.94 per share.  These shares will be held beneficially by Mr Bird in his SIPP.

Mr Bird now holds 193,937 ordinary shares, of which 67,605 shares have been purchased in the market using funds supplied by Mr Bird and are held by Computershare Trustees (Jersey) Limited, the Trustee used to hold shares in respect of awards made under The Vitec Group 2005 Deferred Bonus Plan. 

Mr Paul Hayes, Group Finance Director, purchased 5,000 ordinary shares of 20 pence each at £5.90 per share.  These shares will be held beneficially by Mr Hayes in his SIPP.

Mr Hayes now holds 48,889 ordinary shares, of which 19,889 shares have been purchased in the market using funds supplied by Mr Hayes and are held by Computershare Trustees (Jersey) Limited, the Trustee used to hold shares in respect of awards made under The Vitec Group 2005 Deferred Bonus Plan. 

Enquiries:

Jon Bolton

Group Company Secretary

020 8332 4600

A Snapshot of The Vitec Group

Vitec is an international Group principally serving customers in the Broadcast & Video, Photographic and Military, Aerospace and Government (MAG) markets. Listed on the London Stock Exchange with 2012 revenue of £345.3 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely. Vitec is organised in three Divisions: Videocom, Imaging and Services.

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

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

Services provides equipment rental, workflow design and technical support to TV production teams and film crews.

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

 

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