Director/PDMR Shareholding

RNS Number : 1101H

Vitec Group PLC (The)

12 November 2018

 

12 November 2018

THE VITEC GROUP PLC

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

Exercise of Sharesave option by Stephen Bird

The Vitec Group plc ("the Company") announces that Stephen Bird, Group Chief Executive, exercised a Sharesave option over 2,560 shares at an option price of £4.92 per share. These shares have been retained.

Stephen Bird now holds 207,597 ordinary shares in the Company, of which 28,764 shares have been purchased in the market using funds supplied by Stephen Bird and are held by Link Asset Services Trustees Limited. The Trustee holds the shares in respect of awards made under The Vitec Group 2014 Deferred Bonus Plan. Stephen Bird's holding also includes 2,000 shares held by a connected person.

Exercise of Sharesave option by Jon Bolton

The Vitec Group plc ("the Company") announces that Jon Bolton, Group Company Secretary, exercised a Sharesave option over 1,829 shares at an option price of £4.92 per share. These shares have been retained.

Jon Bolton now holds 30,242 ordinary shares in the Company, of which 3,922 shares have been purchased in the market using funds supplied by Stephen Bird and are held by Link Asset Services Trustees Limited. The Trustee holds the shares in respect of awards made under The Vitec Group 2014 Deferred Bonus Plan.

Enquiries:

Jon Bolton

Group Company Secretary

020 8332 4600

A Snapshot of The Vitec Group 

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 and noise reduction equipment.

We employ around 1,800 people across the world in 12 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

 

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