TIDMVTC
RNS Number : 6106I
Vitec Group PLC (The)
13 August 2021
13 August 2021
THE VITEC GROUP PLC
Notification of Transactions of Directors and Persons
Discharging Managerial Responsibility (PDMRs)
Sale of shares by Martin Green
The Vitec Group plc ("the Company") announces that Martin Green,
Group Finance Director, has sold 40,000 ordinary shares in the
Company on 13 August 2021 at a price of GBP15.50 per share.
The sale is for personal reasons including the re-development of
a property. Martin Green now holds 74,411 ordinary shares in the
Company, of which 10,739 shares have been purchased in the market
using funds supplied by Martin Green and are held by Apex Fund
Services, the Trustee used to hold shares in respect of awards made
under The Vitec Group 2014 Deferred Bonus Plan.
The resultant shareholding in the Company equates to a holding
representing over three times salary based upon the sale price of
GBP15.50 and Martin Green's base salary of GBP355,000.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Martin Green
---------------------------------- ----------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status 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 pc
---------------------------------- ----------------------------
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
instrument, type of instrument pence each
Identification code
ISIN: GB0009296665
---------------------------------- ----------------------------
b) Nature of the transaction Sale for personal financial
planning
---------------------------------- ----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP15.50 40,000
----------
---------------------------------- ----------------------------
d) Aggregated information
* Aggregated volume N/A
N/A
* Price
---------------------------------- ----------------------------
e) Date of the transaction 13 August 2021
---------------------------------- ----------------------------
f) Place of the transaction London Stock Exchange
(XLON)
---------------------------------- ----------------------------
Sale of shares by Nicol Verheem, PDMR
The Vitec Group plc ("the Company") announces that Nicol
Verheem, Divisional CEO, Vitec Creative Solutions, has sold 50,000
ordinary shares in the Company on 13 August 2021 at a price of
GBP15.50 per share. Nicol Verheem now holds 68,629 Ordinary Shares
in the Company following this sale.
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 pc
------------------------------- -------------------------------------
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 Ordinary shares of 20 pence each
the financial instrument,
type of instrument ISIN: GB0009296665
Identification
code
------------------------------- -------------------------------------
b) Nature of the transaction Sale for personal financial planning
------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP15.50 50,000
----------
------------------------------- -------------------------------------
d) Aggregated information
* Aggregated volume N/A
N/A
* Price
------------------------------- -------------------------------------
e) Date of the transaction 13 August 2021
------------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
------------------------------- -------------------------------------
Sale of shares by Jon Bolton, PDMR
The Vitec Group plc ("the Company") announces that Jon Bolton,
Group Company Secretary and HR Director, has sold 12,050 ordinary
shares in the Company on 13 August 2021 at a price of GBP15.50 per
share. Jon Bolton now holds 31,825 Ordinary Shares in the Company
following this sale of which 2,120 shares have been purchased in
the market using funds supplied by Jon Bolton and are held by Apex
Fund Services, the Trustee used to hold shares in respect of awards
made under The Vitec Group 2014 Deferred Bonus Plan.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jon Bolton
------------------------------- -------------------------------------
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 pc
------------------------------- -------------------------------------
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 Ordinary shares of 20 pence each
the financial instrument,
type of instrument ISIN: GB0009296665
Identification
code
------------------------------- -------------------------------------
b) Nature of the transaction Sale for personal financial planning
------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP15.50 12,050
----------
------------------------------- -------------------------------------
d) Aggregated information
* Aggregated volume N/A
N/A
* Price
------------------------------- -------------------------------------
e) Date of the transaction 13 August 2021
------------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange (XLON)
------------------------------- -------------------------------------
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 hardware
products and software solutions to the growing content creation
market.
Vitec's customers include broadcasters, film studios, production
and rental companies, photographers, independent content creators,
gamers and enterprises. Our product portfolio includes camera
supports, video transmission systems and monitors, live streaming
solutions, smartphone accessories, robotic camera systems,
prompters, LED lighting, mobile power, bags and motion control,
audio capture and noise reduction equipment.
We employ around 1,800 people across the world in 11 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 .
More information can be found at: www.vitecgroup.com
LEI number: 2138007H5DQ4X8YOCF14
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