The Vitec Group PLC Director/PDMR Shareholding (7946B)
April 06 2017 - 4:07AM
UK Regulatory
TIDMVTC
RNS Number : 7946B
The Vitec Group PLC
06 April 2017
6 April 2017
THE VITEC GROUP PLC
Notification of Transactions of Directors and Persons
Discharging Managerial Responsibility (PDMRs)
Deferred Bonus Plan (DBP) - 2017 Awards
The Vitec Group plc ("the Company") announces that awards under
the DBP have been made on 5 April 2017 following purchases of
ordinary shares of 20 pence each by Directors and PDMRs. The shares
were purchased at a price of GBP8.3095 and will be held by Capita
Trustees Limited in a nominee capacity on behalf of the Directors
and PDMRs for three years until vesting. There are no performance
conditions or matching shares associated with these awards.
Name Position Number Percentage Current shareholding*
of shares of 2016
purchased annual bonus
for 2017 deferred
DBP Award
---------- -------------- ----------- -------------- ----------------------
Group
Stephen Chief
Bird Executive 13,344 50% 276,031 (27,300)**
---------- -------------- ----------- -------------- ----------------------
Group
Business
Martin Development
Green Director 4,203 30% 35,403 (8,466)
---------- -------------- ----------- -------------- ----------------------
Marco
Pezzana PDMR 5,049 30% 39,004 (10,936)
---------- -------------- ----------- -------------- ----------------------
Jon
Bolton PDMR 1,655 20% 28,580 (3,742)
---------- -------------- ----------- -------------- ----------------------
* The number in brackets refers to the number of ordinary shares
purchased in the market with funds provided by the Executive
Director or PDMR and which are held by Capita Trustees Limited, the
Trustee used to hold shares in respect of awards made under The
Vitec Group 2014 Deferred Bonus Plan.
** Stephen Bird's current shareholding also reflects shares held
through a connected person.
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 services 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; and premium services including technical
solutions, systems integration and equipment rental for TV
production teams, film crews and enterprises.
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
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