TIDMVTC

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        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 
       financial instrument,        ORDINARY SHARES OF 20 PENCE NOMINAL 
       type of instrument           VALUE ("ORDINARY SHARES") 
 
                                    ISIN: GB0009296665 
       Identification code 
     --------------------------  ----------------------------------------- 
 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) 
 
                                      GBP11.95    756 ORDINARY SHARES 
                                                --------------------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information 
 
                                    NOT APPLICABLE 
       - Aggregated volume 
 
 
       - Price 
     --------------------------  ----------------------------------------- 
 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        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 
       financial instrument,        ORDINARY SHARES OF 20 PENCE NOMINAL 
       type of instrument           VALUE ("ORDINARY SHARES") 
 
                                    ISIN: GB0009296665 
       Identification code 
     --------------------------  ------------------------------------------ 
 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) 
 
                                      GBP5.16 option    348 ORDINARY SHARES 
                                      price 
                                                      --------------------- 
     --------------------------  ------------------------------------------ 
 d)   Aggregated information 
 
                                    NOT APPLICABLE 
       - Aggregated volume 
 
 
       - Price 
     --------------------------  ------------------------------------------ 
 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 GBP385.4 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.

END

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