VTC.L Regulatory News (VTC)

25 Apr 2008 12:35

The Vitec Group PLC25 April 2008 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS 1. Name of the issuer THE VITEC GROUP PLC 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) NOTIFICATION RELATES TO (iii) 3. Name of person discharging managerial responsibilities/director FRANCESCO BERNARDI 4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person NOT APPLICABLE 5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest DIRECTOR NAMED IN 3 ABOVE 6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares - 7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them - 8. State the nature of the transaction PURCHASE OF 5,268 SHARES TO FORM THE CORE AWARD GRANTED TO FRANCESCO BERNARDI ON 14 APRIL 2008 (AND ANNOUNCED ON THAT DAY) UNDER THE VITEC GROUP 2005 DEFERRED BONUS PLAN (ANY MATCHING AWARD WILL BE CALCULATED ON VESTING IN ACCORDANCE WITH THE RULES OF THE PLAN) THE SHARES WERE PURCHASED BY, AND WILL BE HELD IN TRUST BY, HALIFAX EES TRUSTEES INTERNATIONAL LIMITED, AS TRUSTEE OF THE VITEC GROUP EMPLOYEE TRUST 9. Number of shares, debentures or financial instruments relating to shares acquired 5,268 10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) 0.01% 11. Number of shares, debentures or financial instruments relating to shares disposed - 12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) - 13. Price per share or value of transaction £4.52 PER SHARE 14. Date and place of transaction 24 APRIL 2008, LONDON 15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 9,884, 0.02% (SHARES PURCHASED IN THE MARKET USING FUNDS SUPPLIED BY MR BERNARDI AND HELD BY HALIFAX EES TRUSTEES INTERNATIONAL LIMITED. THE TRUSTEE USED TO HOLD SHARES IN RESPECT OF AWARDS MADE UNDER THE VITEC GROUP DEFERRED BONUS PLAN AND THE VITEC GROUP 2005 DEFERRED BONUS PLAN) 16. Date issuer informed of transaction If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes 17. Date of grant - 18. Period during which or date on which exercised - 19. Total amount paid (if any) for grant of the option - 20. Description of shares or debentures involved (class and number) - 21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise - 22. Total number of shares or debentures over which options held following notification UNDER THE VITEC GROUP 2005 DEFERRED BONUS PLAN 9,884 UNDER THE VITEC 2002 INTERNATIONAL SHARESAVE PLAN 1,810 UNDER THE 2005 LONG TERM INCENTIVE PLAN 138,847 UNDER THE 2002 UNAPPROVED SHARE OPTION PLAN 98,505 23. Any additional information - 24. Name of contact and telephone number for queries ROLAND PEATE 020 8939 4650 Name and signature of duly authorised officer of issuer responsible for making notification ROLAND PEATE Date of notification 25 APRIL 2008 This information is provided by RNS The company news service from the London Stock Exchange