VTC.L Regulatory News (VTC)

25 Jan 2008 16:36

The Vitec Group PLC25 January 2008 NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGINGMANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS All relevant boxes should be completed in block capital letters. 1. Name of the issuer THE VITEC GROUP PLC 2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). NOTIFICATION RELATES TO (iii) 3. Name of person discharging managerial responsibilities/director GARETH RHYS WILLIAMS 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(1) DIRECTOR NAMED IN 3 ABOVE 6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares 20P ORDINARY 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 EXERCISE OF AN OPTION OVER 2,451 SHARES GRANTED UNDER THE VITEC GROUP 2002 SHARESAVE SCHEME ON 19 NOVEMBER 2002, AN APPROVED SAYE OPTION SCHEME AND AS SUCH NOT SUBJECT TO THE PROVISIONS OF THE MODEL CODE. THE 2,451 SHARES ARE BEING RETAINED. 9. Number of shares, debentures or financial instruments relating to shares acquired 10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) 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 14. Date and place of transaction 15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 144,168 (0.34%) INCLUDES INTERESTS OF 40,302 SHARES PURCHASED IN THE MARKET USING FUNDS SUPPLIED BY GARETH RHYS WILLIAMS AND HELD BY HALIFAX EES TRUSTEES INTERNATIONAL LIMITED, THE TRUSTEE USED TO HOLD SHARES IN RESPECT OF AWARDS MADE UNER 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 29,805 UNDER DEFERRED BONUS PLAN 17,886 UNDER THE VITEC 2002 SHARESAVE SCHEME 4,266 UNDER THE 2005 LONG TERM INCENTIVE PLAN 205,201 UNDER THE 2002 UNAPPROVED SHARE OPTION PLAN 95,000 23. Any additional information 24. Name of contact and telephone number for queries JAYNE MILTON 020 8939 4650 Name of authorised officer of issuer responsible for making notification JAYNE MILTON Date of notification 25 JANUARY 2008 This information is provided by RNS The company news service from the London Stock Exchange