23 May 2016 07:58
23 May 2016
THE VITEC GROUP PLC
Notification of Transactions of Directors and Persons Discharging Managerial Responsibility (PDMRs)
Purchase of shares by Stephen Bird
The Vitec Group plc ("the Company") announces that on Friday, 20 May 2016 following payment of the final dividend for the year ended 31 December 2015, Mr Stephen Bird, Group Chief Executive, purchased 1,291 ordinary shares of 20 pence each at £5.35 per share under the Company's Dividend Reinvestment Plan.
Mr Bird now holds 275,551** ordinary shares, of which 42,269 shares have been purchased in the market using funds supplied by Mr Bird and are held by Capita Trustees Limited, the Trustee used to hold shares in respect of awards made under The Vitec Group 2005 and 2014 Deferred Bonus Plan.
** Mr Bird's current shareholding also reflects shares held through a connected person.
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 2015 revenue of £317.8 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.