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VTC Videndum Plc

1,290.00
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Videndum Plc LSE:VTC London Ordinary Share Ordinary Shares
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,290.00 1,280.00 1,288.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Re: Press Speculation

20/11/2003 7:35am

UK Regulatory


RNS Number:2867S
The Vitec Group PLC
20 November 2003



20 November 2003


                         The Vitec Group plc ("Vitec")

                      Statement regarding press speculation

Following today's press speculation, the Board of Vitec confirms that it is in
discussions with EVS Broadcast Equipment, a Belgium listed broadcast company,
regarding the possible acquisition of the business.



A further announcement will be made in due course.





                                     -Ends-

Notes to Editors



Vitec supplies a wide range of equipment and services to the broadcasting,
entertainment, photographic and retail display industries. Its products are
distributed in nearly 100 countries, either through dealerships or direct to the
end user or corporate sector, and it has manufacturing facilities in five
countries. Vitec is a major force in its chosen specialised fields. More
information can be found at: www.vitecgroup.com.



EVS Broadcast Equipment ("EVS") was founded in 1994 and developed its slow
motion recorder for Panasonic in 1995. After the establishment of subsidiaries
in the US and Hong Kong in 1997, EVS floated in the following year. The company
has four product categories: Live Slow Motion recorders principally for sports
applications (the largest part of the business), Broadcast Servers, Radio and
Digital Cinema. More information can be found at: www.evs-global.com.



Contacts:

Gareth Rhys Williams / Alastair Hewgill            Telephone: 020 8939 4650
Vitec

Rob Gurner                                         Telephone: 020 7269 7221
Financial Dynamics


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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