Source - LSE Regulatory
RNS Number : 9142Q
Vitec Group PLC (The)
22 February 2019
 

22 February 2019

 

THE VITEC GROUP PLC

 

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

1. Exercise of options under Long Term Incentive Plan

The Vitec Group plc ("the Company") announces that on 22 February 2019, the following option was exercised by a PDMR under The Vitec Group's 2014 Long Term Incentive Plan.

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 /Amendment

 

 

INITIAL NOTIFICATION

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 instrument, type of instrument

 

 

Identification code

 

 

 

ORDINARY SHARES OF 20 PENCE NOMINAL VALUE ("ORDINARY SHARES")

 

ISIN: GB0009296665

 

 

b)

 

Nature of the transaction

 

 

RECEIPT OF ORDINARY SHARES FOLLOWING MATURITY OF SPECIAL LONG TERM INCENTIVE

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£11.95

 

756 ORDINARY SHARES

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

NOT APPLICABLE

 

 

 

 

 

e)

 

Date of the transaction

 

 

22 February 2019

f)

 

Place of the transaction

 

 

London Stock Exchange

 

Alan Hollis now holds 31,290 Ordinary Shares in the Company (of which 2,037 shares are held under the Deferred Bonus Plan).

 

2. Exercise of options under the Sharesave Scheme (US ESPP)

The Vitec Group plc ("the Company") announces that on 22 February 2019, the following option was exercised by a PDMR under The Vitec Group's 2011 International Sharesave scheme (US ESPP).

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 NICOL VERHEEM

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR

b)

 

Initial notification /Amendment

 

 

INITIAL NOTIFICATION

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 instrument, type of instrument

 

 

Identification code

 

 

 

ORDINARY SHARES OF 20 PENCE NOMINAL VALUE ("ORDINARY SHARES")

 

ISIN: GB0009296665

 

 

b)

 

Nature of the transaction

 

 

RECEIPT OF ORDINARY SHARES FOLLOWING MATURITY OF SHARESAVE SCHEME (US ESPP)

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

£5.16 option price

 

348 ORDINARY SHARES

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

NOT APPLICABLE

 

 

 

 

 

e)

 

Date of the transaction

 

 

22 February 2019

f)

 

Place of the transaction

 

 

London Stock Exchange

 

Nicol Verheem now holds 120,161 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 moving 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, camera mounted electronic accessories, robotic camera systems, prompters, LED lights, mobile power, monitors, bags, motion control and noise reduction equipment.

 

We employ around 1,800 people across the world in 13 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 2018 revenue of £385.4 million.

 

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

 

LEI number: 2138007H5DQ4X8YOCF14

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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