VEG Vega Grp.

RNS Number:1800B
Vega Group PLC
31 July 2007


VEGA Group PLC

31 July 2007


Directors' Interest in Shares

VEGA Group PLC (the Company) announces the following changes in directors'
interests in shares.


On 30 July 2007 the Remuneration Committee made conditional awards of 5p
ordinary shares in the Company to the following directors:


Name                              Number of shares

Phil Cartmell                         114,583

Sue Bygrave                           73,750


These awards are subject to the following performance conditions:

Subject to continued employment the awards will vest on the third anniversary of
grant to the extent that the Company's Total Shareholder Return (TSR) moves
relative to the TSR of the FTSE Software and Computer Services Index. 30% of an
award will vest for median performance rising pro rata to 100% for upper
quartile performance. To the extent the performance conditions have not been
achieved the awards will lapse.


Following these grants the directors hold the following awards:


Name             2004 LTIP Scheme      2004 Share Option Scheme

Phil Cartmell    428,211               211,154

Sue Bygrave      261,647               65,882


This notification relates to transactions in accordance with DR 3.1.4.


Contact:

Kenneth Blyth
Company Secretary
01707 391999

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

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