Last checked at 15 May 2012 12:02
15 May 2012
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 7,718 ordinary shares of 2.5 pence ("Ordinary shares") in the Company at an average price of 37.26 pence per share on 2 May 2012. 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 May 2012 at 37.26p per share | Matching Shares purchased on 2 May 2012 at 37.26p per share | Total number of Partnership, Matching and Dividend Shares held on 2 May 2012 | 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 | 335 | 335 | 53,666 | 469,666 | 0.42% |
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