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Director/PDMR Shareholding

16 Nov 2018 10:05

RNS Number : 6145H
Vitec Group PLC (The)
16 November 2018
 

16 November 2018

 

THE VITEC GROUP PLC

 

 

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

 

 

Exercise of Sharesave option by Martin Vann

The Vitec Group plc ("the Company") announces that Martin Vann, SVP Vitec Creative Solutions, exercised a Sharesave option over 879 shares at an option price of £5.16 per share. 365 shares were sold at a price of £12.72525 and 514 shares were retained.

 

Martin Vann now holds 3,585 ordinary shares in the Company, of which 2,640 shares have been purchased in the market using funds supplied by Martin Vann 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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