31st Mar 2014 16:35
LONDON (Alliance News) - Vitec Group PLC Monday said that the following executive directors and managers purchased shares under the company's deferred bonus plan, and exercised maturing sharesave options.
Stephen Bird, Group Chief Executive
Name of Incentive Plan | Transaction | Date | Number of shares acquired for nil consideration (unless stated otherwise)
| Number of shares disposed (including shares sold to cover tax) | Price per share at which transaction completed |
LTIP | Vesting | 31 March 2014 | 19,590 | 10,000 | £6.2475
|
DBP | Vesting | 31 March 2014 | 40,414 shares (of which 28,690 were Core award shares purchased with funds from Stephen Bird in 2011) | 25,000 | £6.2475 |
DBP | Award | 31 March 2014 | 28,313 (Core award shares purchased with funds from Stephen Bird) | - | £6.28 (Total purchase price - £177,805.64) |
Stephen Bird's holding has now increased to 219,071 shares.
Paul Hayes, Group Finance Director
Name of Incentive Plan | Transaction | Date | Number of shares acquired for nil consideration (unless stated otherwise)
| Number of shares disposed (including shares sold to cover tax) | Price per share at which transaction completed |
DBP | Award | 31 March 2014 | 20,147 (Core award shares purchased with funds from Paul Hayes) | - | £6.28 (Total purchase price - £126,523.16) |
Paul Hayes' holding has now increased to 69,036 shares.
Steve Shpock, PDMR
Name of Incentive Plan | Transaction | Date | Number of shares acquired for nil consideration (unless stated otherwise)
| Number of shares disposed (including shares sold to cover tax) | Price per share at which transaction completed |
DBP | Vesting | 31 March 2014 | 778 shares (of which 553 were Core award shares purchased with funds from Steve Shpock in 2011) | 778 | £6.2475 |
DBP | Award | 31 March 2014 | 4,327 (Core award shares purchased with funds from Steve Shpock) | - | £6.28 (Total purchase price - £27,173.56) |
Sharesave | Maturity | 28 March 2014 | 581 shares acquired at £5.02 per share | 581 | £6.28 |
Steve Shpock now holds 9,834 shares in the company.
Matt Danilowicz, PDMR
Name of Incentive Plan | Transactions | Date | Number of shares acquired for nil consideration (unless stated otherwise)
| Number of shares disposed (including shares sold to cover tax) | Price per share at which transaction completed |
DBP | Award | 31 March 2014 | 6,597 (Core award shares purchased with funds from Matt Danilowicz) | - | £6.28 (Total purchase price - £41,429.16) |
Now Matt Danilowicz holds 11,606 shares in total.
Marco Pezzana, PDMR
Name of Incentive Plan | Transactions | Date | Number of shares acquired for nil consideration (unless stated otherwise)
| Number of shares disposed (including shares sold to cover tax) | Price per share at which transaction completed |
DBP | Award | 31 March 2014 | 4,491 (Core award shares purchased with funds from Marco Pezzana) | - | £6.28 (Total purchase price - £28,203.48) |
Marco Pezzana holds a total of 25,324 shares in the company.
Martin Green, PDMR
Name of Incentive Plan | Transactions | Date | Number of shares acquired for nil consideration (unless stated otherwise)
| Number of shares disposed (including shares sold to cover tax) | Price per share at which transaction completed |
DBP | Vesting | 31 March 2014 | 1,305 shares (of which 927 were Core award shares purchased with funds from Martin Green in 2011) | 1,305 | £6.2475 |
DBP | Award | 31 March 2014 | 8,588 (Core award shares purchased with funds from Martin Green) | - | £6.28 (Total purchase price - £53,932.64) |
Martin Green now holds a total of 30,032 shares.
Jon Bolton, PDMR
Name of Incentive Plan | Transactions | Date | Number of shares acquired for nil consideration (unless stated otherwise) | Number of shares disposed (including shares sold to cover tax) | Price per share at which transaction completed |
DBP | Vesting | 31 March 2014 | 1,294 shares (of which 919 were Core award shares purchased with funds from Jon Bolton in 2011) | 177 | £6.2475 |
DBP | Award | 31 March 2014 | 2,979 (Core award shares purchased with funds from Jon Bolton) | - | £6.28 (Total purchase price - £18,708.12) |
Following the above transactions, Jon Bolton holds 24,835 shares in the company.
Vitec Group shares closed 2.2% lower Monday at 611.00 pence per share.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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