Director/PDMR Shareholding

28 Oct 2005 07:00

Vislink PLC28 October 2005 Vislink plc Director shareholding 28 October 2005 The Board of Vislink plc has approved the exercise of 820,000 share options (the"New Ordinary Shares") on 26 October 2005 by Ian Scott-Gall, the Chief Executiveat an exercise price of 26.5p per share ("New Ordinary Shares"). Following thisconversion Mr Scott-Gall will be interested in 1,120,000 shares representing0.82 per cent of the issued share capital of the company. Application has been made to the UK Listing Authority, the London Stock Exchangeand the Irish Stock Exchange for the New Ordinary Shares to be admitted to theOfficial List of the UKLA and the Irish Stock Exchange and to trading on theLondon Stock Exchange and the Irish Stock Exchange's respective markets forlisted securities. The New Ordinary Shares will rank pari passu in all respects with the existingordinary shares in issue. It is expected that Admission will become effectiveand that dealings in the New Ordinary Shares will commence on 2 November 2005. In addition the Board has also approved the exercise of 132,000 share options byJames Trumper, the Finance Director, on 26 October 2005 at an exerciseprice of 27.5p per share. Following this conversion Mr Trumper will beinterested in 300,000 shares representing 0.22 per cent of the issued sharecapital. Mr Trumper's exercise is to be satisfied by the transfer of shares fromthe Vislink 2002 Employee's Share Trust (the "Trust"). Following the transferthe Trust will hold 790,850 ordinary shares representing 0.58 per cent of theissued share capital of the Company. The exercise of the above options was executed in the UK and this notificationrelates to transaction notified in accordance with Disclosure Rule 3.1.4R(1)(a)and Disclosure Rule 3.1.4(R)(1)(b) a disclosure made in accordance with section324 (as extended by section 328) of the Companies Act 1985 Contacts:Ian Scott-Gall: Chief Executive 01488 685 500James Trumper: Finance Director 01488 685 500 END This information is provided by RNS The company news service from the London Stock Exchange