Transaction in Own Shares

Released : 09.10.2017

RNS Number : 1213T
Vitec Group PLC (The)
09 October 2017
 

 

9 October 2017               

The Vitec Group plc

 

TRANSACTION IN OWN SHARES

 

On 9 October 2017, The Vitec Group plc ("the Company") bought 15,600 ordinary shares in the Company (the "Ordinary shares") to be held in treasury, at a price of 1082.5 pence per Ordinary share. The shares held in treasury will be primarily used to cover employer's NIC costs in relation to the Company's Long Term Incentive Plan.

 

Following the purchase of the above Ordinary shares, the Company's issued share capital consists of 44,862,641 Ordinary shares, of which 15,600 Ordinary shares are held in treasury. Therefore, the total number of shares with voting rights in the Company is now 44,847,041.

 

The above figure 44,847,041 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Enquiries:

Jon Bolton

Group Company Secretary

Telephone: 020 8332 4600

 

 

A Snapshot of The Vitec Group

 

Vitec is a leading global provider of premium branded products and solutions to the fast changing and growing "image capture and sharing" 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 software including camera supports, wireless systems, robotic camera systems, prompters, LED lights, mobile power, monitors and bags.

 

We employ around 1,700 people across the world in ten different countries and are organised in two Divisions: Broadcast and Photographic.

 

The Vitec Group plc is listed on the London Stock Exchange with 2016 revenue of £376.2 million.

 

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

 

LEI number: 2138007H5DQ4X8YOCF14


This information is provided by RNS
The company news service from the London Stock Exchange
 
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