VTC.L Regulatory News (VTC)

5 Jun 2007 13:32

The Vitec Group PLC05 June 2007 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND 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 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 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 THE (1996) UNAPPROVED EXECUTIVE SHARE OPTION SCHEME - EXERCISE ON 4 JUNE 2007 OF AN OPTION OVER 142,857 SHARES. - SALE ON 5 JUNE 2007 OF 110,000 SHARES. THE BALANCE OF 32,857 SHARES IN BEING RETAINED. THE VITEC GROUP LONG TERM INCENTIVE PLAN - EXERCISE ON 4 JUNE 2007 OF AN AWARD OVER 37,455 SHARES. - SALE ON 5 JUNE 2007 OF 15,357 SHARES. THE BALANCE OF 22,098 SHARES ID 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 125,357 12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 0.30% 13. Price per share or value of transaction THE (1996) UNAPPROVED EXECUTIVE SHARE OPTION SCHEME - EXERCISE PRICE £3.50 PER SHARE - SALE PRICE £6.30 PER SHARE 14. Date and place of transaction 5 JUNE 2007, LONDON 15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 115,587 (0.28%) INCLUDES INTERESTS OF 14,172 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 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 it can be 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 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 5 JUNE 2007 This information is provided by RNS The company news service from the London Stock Exchange