15 Apr 2016 13:13
15 April 2016
THE VITEC GROUP PLC
Notification of Transactions of Directors and Persons Discharging Managerial Responsibility (PDMRs)
Exercise of options under Sharesave Scheme
The Vitec Group plc ("the Company") announces that on 15 April 2016 the following option was exercised by a PDMR under The Vitec Group's 2011 International Sharesave Scheme.
Name | Position | Number of options exercised and shares retained | Option price (per share) | Resultant holding of the Company's shares following exercise of Sharesave options |
Marco Pezzana | PDMR | 1,047 | £5.43 | 32,889 ordinary shares (10,378 shares purchased in the market using funds supplied by Mr Pezzana and 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)
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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 for photographic and video cameras and provides dedicated solutions to professional and non-professional image takers.
More information can be found at: www.vitecgroup.com.