Business
Exercise of Sharesave Option
Exercise of Sharesave Option.
About this update from Videndum Plc
[{"type":"text","content":"\n \nRNS Number : 3813V The Vitec Group PLC 15 April 2016 \n\n15 April 2016\n \nTHE VITEC GROUP PLC\n \n \nNotification of Transactions of Directors and Persons Discharging Managerial Responsibility (PDMRs)\n \nExercise of options under Sharesave Scheme\n \nThe Vitec Group plc (\"the Company\") announces that on 15 April 2016 the following option was exercised by a PDMR under The Vitec Group's 2011 International Sharesave Scheme.\n \n \n\n\n\n\nName\n\n\nPosition\n\n\nNumber of options exercised and shares retained\n\n\nOption price (per share)\n\n\nResultant holding of the Company's shares following exercise of Sharesave options\n\n\n\n\nMarco Pezzana\n\n\nPDMR\n\n\n1,047\n\n\n£5.43\n\n\n32,889 ordinary shares (10,378 shares purchased in the market using funds supplied by Mr Pezzana and held by Capita Trustees Limited, the Trustee used to hold shares in respect of awards made under The Vitec Group 2005 and 2014 Deferred Bonus Plan)\n \n\n\n\n\n \n \nEnquiries:\n \nJon Bolton\nGroup Company Secretary\n \n020 8332 4600\n \nA Snapshot of The Vitec Group\nVitec 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 £317.8 million.\n \nThe Group is organised in two Divisions:\nThe 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.\nThe 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.\n \nMore information can be found at: www.vitecgroup.com.\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DSHMMGMDZKMGVZM\n ","length":4516,"tagName":"div"}]