VIDENDUM PLC

Remuneration Information • May 13, 2021

National Storage Mechanism | Additional information

RNS Number : 5775Y

Vitec Group PLC (The)

13 May 2021

13 May 2021

THE VITEC GROUP PLC

Notification of Transactions of Directors and Persons Discharging Managerial Responsibility (PDMRs)

Deferred Bonus Plan - Vesting of 2018 Awards

The Vitec Group plc ("the Company") announces that the following transactions were undertaken by Directors and PDMRs in the ordinary shares of the Company on 13 May 2021 in connection with the maturity of the 2018 Deferred Bonus Plan ("DBP"). In summary, for the 2018 DBP, each Director or PDMR deferred a proportion of their 2017 annual cash bonus into the DBP. The deferred bonus was used to purchase shares in the Company at a price of £12.05 per share ("DBP award shares") that were held in the Employee Trust for a three-year deferral period. No performance conditions are attached to the DBP award shares and dividends paid during the deferral period on the DBP award shares have been automatically reinvested in additional dividend shares. There are no matching award shares that can be earned on the DBP award shares.

Stephen Bird, Group Chief Executive

Transaction	Date of transfer	Total shares vested including dividend shares	Number of shares retained	Price per share at which associated dividend shares were acquired
Transfer of DBP award shares (including  associated dividend shares)	13 May 2021	11,397 (of which 10,704 were DBP award shares)	11,397	£12.90

Martin Green, Group Finance Director

Transaction	Date of transfer	Total shares vested including dividend shares	Number of shares retained	Price per share at which associated dividend shares were acquired
Transfer of DBP award shares (including associated dividend shares)	13 May 2021	6,723 (of which 6,314 were DBP award shares)	6,723	£12.90

Marco Pezzana, PDMR

Transaction	Date of transfer	Total shares vested including dividend shares	Number of shares retained	Price per share at which associated dividend shares were acquired
Transfer of DBP award shares (including associated dividend shares)	13 May 2021	4,143 (of which 3,891 were DBP award shares)	4,143	£12.90

Jon Bolton, PDMR

Transaction	Date of transfer	Total shares vested including dividend shares	Number of shares retained	Price per share at which associated dividend shares were acquired
Transfer of DBP award shares (including associated dividend shares)	13 May 2021	1,401 (of which 1,316 were DBP award shares)	1,401	£12.90

Deferred Bonus Plan (DBP) - 2021 Awards

The Vitec Group plc ("the Company") announces that awards under the Deferred Bonus Plan ("DBP") have been made on 13 May 2021 following purchases of ordinary shares of 20 pence each by the following Executive Directors and PDMRs following the deferral of the 2020 bonus. The shares were purchased at an average price of £13.943103 and will be held by Apex Fund Services in a nominee capacity on behalf of the Executive Directors and PDMRs.

The shares purchased will be held for three years until vesting under the normal operation of the DBP.

There are no performance conditions or matching shares associated with the DBP.  

Name	Position	Number of shares purchased for 2021 DBP Award	Percentage of 2020 annual bonus deferred	Current shareholding following 2018 DBP vesting and 2021 DBP award*	% of 2021 salary held for Executive Directors***
Stephen Bird	Group Chief Executive	2,537	50%	196,187 (16,928)**	568%
Martin Green	Group Finance Director	1,897	50%	114,411 (10,730)	443%
Marco Pezzana	PDMR	1,034	30%	See below	-
Jon Bolton	PDMR	331	20%	43,875 (2,120)	-

* The number in brackets refers to the number of ordinary shares purchased in the market with funds provided by the Executive Director or PDMR and which 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.

** Stephen Bird's current shareholding also reflects 2,000 shares held through a connected person.

*** Based on closing mid-market price on 12 May 2021.

Exercise of options under Sharesave Scheme

The Vitec Group plc ("the Company") announces that on 12 May 2021 the following option was exercised and settled by a PDMR under The Vitec Group's 2011 International Sharesave Scheme.

Name	Position	Number of options exercised and shares retained	Option price (per share)	Resultant holding of the Company's shares following exercise of Sharesave options, 2018 DBP vesting and 2021 DBP award
Marco Pezzana	PDMR	447	£7.84	92,743 ordinary shares made up of personal holdings of 86,390 shares and 6,353 shares held under the DBP by the Employee Trustee, Link Asset Services

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 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 1,700 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.

More information can be found at: www.vitecgroup.com

LEI number: 2138007H5DQ4X8YOCF14

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