Vitec Group PLC (The) Restricted Share Award (3306M)
07 Maggio 2020 - 5:40PM
UK Regulatory
TIDMVTC
RNS Number : 3306M
Vitec Group PLC (The)
07 May 2020
7 May 2020
THE VITEC GROUP PLC
Notification of Transactions of Directors and Persons
Discharging Managerial Responsibility (PDMRs)
Restricted Share Award
The Vitec Group plc ("the Company") announces that on 7 May 2020
the following restricted share awards over ordinary shares of 20
pence each in the Company were made under a Restricted Share Plan
to the following PDMRs:
Nicol Verheem
In exchange for waiving his salary from 1 April 2020 to 31
December 2020, Nicol Verheem received a restricted share award over
22,166 ordinary shares in the Company. The restricted shares will
vest to him on 31 December 2020.
The following PDMRs, in part exchange for a material salary
sacrifice from April to June 2020, have received the following
restricted share award that will vest on 1 July 2020:
Alan Hollis
Restricted share award over 1,051 ordinary shares in the
Company.
Marco Pezzana
Restricted share award over 1,075 ordinary shares in the
Company.
Jon Bolton
Restricted share award over 685 ordinary shares in the
Company.
The above awards are not subject to any performance conditions
and were calculated on a share price of GBP6.46.
Neither Stephen Bird nor Martin Green are eligible to
participate in this award.
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 changing 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 1,700 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 with
2019 revenue of GBP376.1 million.
More information can be found at: www.vitecgroup.com
LEI number: 2138007H5DQ4X8YOCF14
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END
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