Vitec Group PLC (The) Exercise of a Sharesave option by a PDMR (8823U)

TIDMVTC

RNS Number : 8823U

Vitec Group PLC (The)

27 October 2017

27 October 2017

THE VITEC GROUP PLC

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility (PDMRs)

Exercise of options under Sharesave Scheme

The Vitec Group plc ("the Company") announces that on 27 October 2017 the following option was exercised by a PDMR under The Vitec Group's 2011 International Sharesave Scheme.

 
 Name     Position   Number        Option    Number of      Number       Resultant holding 
                      of options    price     shares sold    of shares    of the Company's 
                      exercised     (per      and sale       retained     shares following 
                                    share)    price                       exercise of 
                                                                          Sharesave options 
-------  ---------  ------------  --------  -------------  -----------  ------------------- 
 Martin   PDMR       731           GBP5.22   300 ordinary   431          431 ordinary 
  Vann                                        shares at      ordinary     shares 
                                              GBP11.20       shares 
                                              per share 
-------  ---------  ------------  --------  -------------  -----------  ------------------- 
 

Enquiries:

Jon Bolton

Group Company Secretary

020 8332 4600

A Snapshot of The Vitec Group

Vitec is a leading global provider of premium branded products and solutions to the fast changing and growing "image capture and sharing" 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 software including camera supports, wireless systems, robotic camera systems, prompters, LED lights, mobile power, monitors and bags.

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.

LEI number: 2138007H5DQ4X8YOCF14

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHMRBITMBATBTR

(END) Dow Jones Newswires

October 27, 2017 10:55 ET (14:55 GMT)