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22 Feb 2019 15:18
22 February 2019
THE VITEC GROUP PLC
Notification of Transactions of Directors and Persons Discharging Managerial Responsibility (PDMRs)
1. Exercise of options under Long Term Incentive Plan
The Vitec Group plc ("the Company") announces that on 22 February 2019, the following option was exercised by a PDMR under The Vitec Group's 2014 Long Term Incentive Plan.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
|
ALAN HOLLIS | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR | ||||
b)
| Initial notification /Amendment
| INITIAL NOTIFICATION | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| THE VITEC GROUP PLC | ||||
b)
| LEI
| 2138007H5DQ4X8YOCF14
| ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
|
ORDINARY SHARES OF 20 PENCE NOMINAL VALUE ("ORDINARY SHARES")
ISIN: GB0009296665
| ||||
b)
| Nature of the transaction
| RECEIPT OF ORDINARY SHARES FOLLOWING MATURITY OF SPECIAL LONG TERM INCENTIVE | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
NOT APPLICABLE
| ||||
e)
| Date of the transaction
| 22 February 2019 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
Alan Hollis now holds 31,290 Ordinary Shares in the Company (of which 2,037 shares are held under the Deferred Bonus Plan).
2. Exercise of options under the Sharesave Scheme (US ESPP)
The Vitec Group plc ("the Company") announces that on 22 February 2019, the following option was exercised by a PDMR under The Vitec Group's 2011 International Sharesave scheme (US ESPP).
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
|
NICOL VERHEEM | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR | ||||
b)
| Initial notification /Amendment
| INITIAL NOTIFICATION | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| THE VITEC GROUP PLC | ||||
b)
| LEI
| 2138007H5DQ4X8YOCF14
| ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument
Identification code
|
ORDINARY SHARES OF 20 PENCE NOMINAL VALUE ("ORDINARY SHARES")
ISIN: GB0009296665
| ||||
b)
| Nature of the transaction
| RECEIPT OF ORDINARY SHARES FOLLOWING MATURITY OF SHARESAVE SCHEME (US ESPP) | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
NOT APPLICABLE
| ||||
e)
| Date of the transaction
| 22 February 2019 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
Nicol Verheem now holds 120,161 Ordinary Shares in the Company.
Enquiries:
Jon Bolton
Group Company Secretary
020 8332 4600
A snapshot of The Vitec Group plc
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, motion control and noise reduction equipment.
We employ around 1,800 people across the world in 13 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 2018 revenue of £385.4 million.
More information can be found at: www.vitecgroup.com
LEI number: 2138007H5DQ4X8YOCF14
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