The Vitec Group PLC Grant of Sharesave option (9670K)
September 27 2016 - 6:10AM
UK Regulatory
TIDMVTC
RNS Number : 9670K
The Vitec Group PLC
27 September 2016
27 September 2016
The Vitec Group plc
Notification of Transactions by Directors and Persons
Discharging Managerial Responsibilities (PDMRs)
The Vitec Group plc (the "Company") announces a grant of options
over ordinary shares of 20 pence each under The Vitec Group 2011
Sharesave Scheme to a PDMR as set out below.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ------------------------------------------------------------------
a) Name
Martin Green
--- ------------------------- ---------------------------------------
2 Reason for the notification
--- ------------------------------------------------------------------
a) Position/status
Group Development and HR
Director
--- ------------------------- ---------------------------------------
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 Ordinary shares of 20 pence
instrument, type each ("ordinary shares")
of instrument
ISIN: GB0009296665
Identification
code
--- ------------------------- ---------------------------------------
b) Nature of the Grant of option over ordinary
transaction shares under The Vitec Group
2011 Sharesave Scheme
--- ------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------- ---------------
485 pence (option 2,597 options
price)
------------------- ---------------
--- ------------------------- ---------------------------------------
d) Aggregated information
N/A as single transaction
- Aggregated volume
- Price
--- ------------------------- ---------------------------------------
e) Date of the transaction 27 September 2016
--- ------------------------- ---------------------------------------
f) Place of the transaction London
--- ------------------------- ---------------------------------------
The expected maturity date of this option is 1 November
2019.
Enquiries:
Jon Bolton
Group Company Secretary
020 8332 4600
A Snapshot of The Vitec Group
Vitec is a global provider of premium branded products and
services to the Broadcast and Photographic markets. Vitec is listed
on the London Stock Exchange with 2015 revenue of GBP317.8
million.
The Group is organised in two Divisions:
The Broadcast Division designs, manufactures and distributes
premium branded products for broadcasting, film and video
production for broadcasters and independent content creators. It
also provides premium services including equipment rental and
technical solutions to TV production teams and film crews.
The Photographic Division designs, manufactures and distributes
premium branded equipment for photographic and video cameras and
provides dedicated solutions to professional and non-professional
image takers.
More information can be found at: www.vitecgroup.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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