Last checked at 8 Mar 2011 13:36
8 March 2011
Vislink plc ("the Company")
Vislink plc, ("the Company"), the leading supplier of microwave radio and satellite transmission products for the broadcast and security markets, announces that the Vislink PLC UK Employee Benefit Trust has purchased 18,762 ordinary shares of 2.5 pence ("Ordinary shares") in the Company at an average price of 21.35 pence per share on 2 March 2011. The Trustee holds the shares as Nominee for the participants of the Vislink plc Share Investment Plan ("the Plan").
As a result the following director of the Company has the following additional interests as a result of his personal participation in the Plan:-
Partnership Shares purchased on 2 March 2011 at 21.35p per share | Matching Shares purchased on 2 March 2011 at 21.35p per share | Total number of Partnership, Matching and Dividend Shares held on 2 March 2011 | Interest of director in Ordinary shares including the shares held by the Trustee for the director ("Total interest") | Percentage of issued share capital in the Company represented by the director's Total interest | |
James Trumper | 585 | 585 | 36,620 | 452,620 | 0.32% |
In accordance with the rules of the Plan the director has been awarded the Matching Shares on the basis of one Matching Share for every one Partnership Share.
The beneficial ownership of the Matching Shares will pass to the director in three years time subject to continued employment and the retention of the underlying Partnership Shares.
-ends-
For further information contact:
Vislink plcJames Trumper, Company Secretary: +44 (0) 14 88 68 55 00