Write $\neg\Psi$ for the set containing the negation of formulas in $\Psi$. Consider only one implication for the moment. From
(0) $T\vDash\forall x(\bigwedge\Phi(x)\rightarrow\bigvee\Psi(x))$
we obtain
$T \cup \Phi(x) \cup \neg\Psi(x)\models\bot$
By compactness, for some finite set
$T \cup \Phi_0(x) \cup \neg\Psi(x)\models\bot$
Therefore
(1) $T \models \forall x [\bigwedge \Phi_0(x) \rightarrow \bigvee\Psi(x)]$
The converse of (0) is equivalent to $T\vDash\forall x(\bigwedge\neg\Psi(x)\rightarrow\bigvee\neg\Phi(x))$. Therefore the same argument yield
$T \models \forall x [\bigwedge\neg\Psi_0(x) \rightarrow \bigvee\neg\Phi(x)]$ which is equivalent to
(2) $T \models \forall x [\bigwedge\Phi(x) \rightarrow \bigvee\Psi_0(x)]$
If you put (0), the converse of (0), (1) and (2) together you obtain
$T \models \forall x [\bigwedge\Phi(x)\rightarrow \bigwedge\Phi_0(x) \rightarrow \bigvee\Psi(x) \rightarrow\bigwedge\Phi(x) \rightarrow \bigvee\Psi_0(x)\rightarrow \bigvee\Psi(x)\rightarrow \bigwedge\Phi(x) ]$
EDIT. Note that we obtain a stronger claim than required. Namely, $\bigwedge\Phi(x)\leftrightarrow \bigwedge\Phi_0(x)$ and $\bigvee\Psi(x)\leftrightarrow \bigvee\Psi_0(x)$.