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11 Apr 2012 14:19
11 April 2012
THE VITEC GROUP PLC
Notification of Transactions of Directors and Persons Discharging Managerial Responsibility (PDMRs)
The Vitec Group plc ("the Company") announces that on 11 April 2012 the following options were exercised by PDMRs under the Company's International Sharesave Plan.
Name | Position | Number of options exercised | Option price (per share) | Number of shares sold | Sale price on exercise date (per share) | Resultant holding of the Company's shares following exercise of Sharesave options |
Jerry Gepner | PDMR | 5,517 | £1.39 | 1,516 | £6.65 | 13,816 ordinary shares (9,815 shares purchased in the market using funds supplied by Mr Gepner and held by EES Trustees International Limited, the Trustee used to hold shares in respect of awards made under The Vitec Group 2005 Deferred Bonus Plan)
|
Steve Shpock | PDMR | 1,839 | £1.39 | 1,839 | £6.65 | 553 ordinary shares (553 shares purchased in the market using funds supplied by Mr Shpock and held by EES Trustees International Limited, the Trustee used to hold shares in respect of awards made under The Vitec Group 2005 Deferred Bonus Plan)
|
Enquiries:
Jon Bolton
Group Company Secretary
020 8332 4600
A Snapshot of The Vitec Group
Vitec is an international Group principally serving customers in the broadcast, photographic and military, aerospace and government (MAG) markets. Listed on the London Stock Exchange with 2011 revenue of £351.0 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely. Vitec is organised in three Divisions: Videocom, Imaging & Staging, and Services.
Videocom designs and distributes systems and products used in broadcasting and live entertainment, film and video production and MAG.
Imaging & Staging designs, manufactures and distributes equipment and accessories for photography, video and events.
Services provides equipment rental, workflow design and technical support for camera, video, audio, fibre optic and wireless technology used by TV production teams and film crews.
More information can be found at: www.vitecgroup.com.
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