Vitec Group PLC (The) Director/PDMR Shareholding (6826V)

TIDMVTC

RNS Number : 6826V

Vitec Group PLC (The)

10 August 2020

10 August 2020

The Vitec Group plc

Notification of Transactions by Directors and Persons Discharging Managerial Responsibilities (PDMRs)

The Vitec Group plc (the "Company") announces a purchase of shares in the Company by Ian McHoul, Chairman, as set out below.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                           Ian McHoul 
     -----------------------------  ------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                Chairman 
     -----------------------------  ------------------------------------ 
 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             Ordinary shares of 20 pence each 
       financial instrument,          ("ordinary shares") 
       type of instrument 
                                      ISIN: GB0009296665 
       Identification code 
     -----------------------------  ------------------------------------ 
 b)   Nature of the transaction      Purchase of ordinary shares 
     -----------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)           Price(s)      Volume(s) 
 
                                         GBP6.8334     5,000 
                                                     ---------- 
     -----------------------------  ------------------------------------ 
 d)   Aggregated information 
                                       N/A as single transaction 
 
       - Aggregated volume 
 
 
       - Price 
     -----------------------------  ------------------------------------ 
 e)   Date of the transaction        10 August 2020 
     -----------------------------  ------------------------------------ 
 f)   Place of the transaction       London Stock Exchange 
     -----------------------------  ------------------------------------ 
 

Following the above transaction, Ian McHoul's holding is now 15,000 ordinary shares in the Company.

Enquiries:

Jon Bolton

Group Company Secretary

020 8332 4600

A snapshot of The Vitec Group plc

Vitec is a leading global provider of premium branded products and solutions to the fast changing and growing "image capture and content creation" market.

Vitec's customers include broadcasters, independent content creators, photographers and enterprises, and our activities comprise: design, manufacture and distribution of high performance products and solutions including camera supports and accessories, wired and wireless video transmission systems, robotic camera systems, prompters, LED lighting, mobile power, monitors, bags, motion control, smartphone accessories, audio capture and noise reduction equipment.

We employ around 1,600 people across the world in 11 different countries and are organised in three Divisions: Imaging Solutions, Production Solutions and Creative Solutions.

The Vitec Group plc is listed on the London Stock Exchange with 2019 revenue of GBP376.1 million.

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

LEI number: 2138007H5DQ4X8YOCF14

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August 10, 2020 08:38 ET (12:38 GMT)