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17 Mar 2014 17:02
17 March 2014
THE VITEC GROUP PLC
Notification of Transactions of Directors and Persons Discharging Managerial Responsibility (PDMRs)
The Vitec Group plc ("the Company") announces that, on 14 March 2014, following the vesting of Long Term Incentive Plan awards made in 2011, the following transactions were undertaken by PDMRs in the ordinary shares of the Company.
Name | Number of shares acquired for nil consideration (unless stated otherwise)
| Number of shares disposed | Price per share at which shares disposed | Shareholding following vesting |
Steve Shpock, PDMR | 12,244 | 12,244 | £6.6975 | 6,060 (6,060*) |
Martin Green, PDMR | 7,871
| 7,871 | £6.6975 | 22,371 (5,409*) |
Jon Bolton, PDMR | 7,346
| 7,346 | £6.6975 | 21,658 (3,191*) |
Marco Pezzana, PDMR | 6,245 | 2,675 | £6.6975 | 20,833 (5,485*) |
* Indicates shares purchased in the market with funds provided by each PDMR and held by Computershare Trustees (Jersey) 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 & Video, Photographic and Military, Aerospace and Government (MAG) markets. Listed on the London Stock Exchange with 2013 revenue of £315.4 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely. Vitec is organised in three Divisions: Videocom, Imaging and Services.
Videocom designs and distributes systems and products used in broadcasting and live entertainment, film and video production and MAG.
Imaging designs, manufactures and distributes equipment and accessories for photography and video.
Services provides equipment rental, workflow design and technical support to TV production teams and film crews.
More information can be found at: www.vitecgroup.com.
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