The Vitec Group PLC Exercise of LTIP award (7088X)

TIDMVTC

RNS Number : 7088X

The Vitec Group PLC

23 February 2017

 
 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       INITIAL NOTIFICATION 
       /Amendment 
---  -------------------------  ------------------------------- 
 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               ORDINARY SHARES OF 20 PENCE 
       instrument, type            NOMINAL VALUE ("ORDINARY 
       of instrument               SHARES") 
 
                                   ISIN: GB0009296665 
       Identification 
       code 
---  -------------------------  ------------------------------- 
 b)   Nature of the              RECEIPT OF ORDINARY SHARES 
       transaction                FOLLOWING MATURITY OF SPECIAL 
                                  LONG TERM INCENTIVE 
---  -------------------------  ------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                   ---------  ----------------- 
 
                                     GBP0       14,485 ORDINARY 
                                                SHARES 
                                   ---------  ----------------- 
---  -------------------------  ------------------------------- 
 d)   Aggregated information 
 
                                   NOT APPLICABLE 
       - Aggregated volume 
 
 
       - Price 
---  -------------------------  ------------------------------- 
 e)   Date of the transaction    23 February 2017 
---  -------------------------  ------------------------------- 
 f)   Place of the transaction   London Stock Exchange 
---  -------------------------  ------------------------------- 
 

Alan Hollis now holds 17,257 Ordinary Shares in the Company.

Enquiries:

Jon Bolton

Group Company Secretary

020 8332 4600

A Snapshot of The Vitec Group

The Vitec Group plc is a leading global provider of premium branded products and services to the fast changing and growing "image capture and sharing" market.

Vitec's customers include broadcasters, independent content creators, photographers and corporates, and our activities comprise: design, manufacture and distribution of high performance products and software including camera supports, wireless systems, robotic camera systems, prompters, LED lights, mobile power, monitors and bags; and premium services including technical solutions, systems integration and equipment rental for TV production teams, film crews and enterprises.

We employ around 1,700 people across the world in ten different countries and are organised in two Divisions: Broadcast and Photographic.

The Vitec Group plc is listed on the London Stock Exchange with 2016 revenue of GBP376.2 million.

More information can be found at: www.vitecgroup.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 23, 2017 08:44 ET (13:44 GMT)