Pebble Beach Regulatory News (PEB)

27 Dec 2007 11:34

Vislink PLC27 December 2007 Vislink plc Holdings in Company 27 December 2007 In conformity with the Transparency Directive Vislink plc ("Vislink") isrequired to announce to the market the receipt of notifications of majorinterests in shares. Vislink received notice on 24 December 2007 in accordance with the Disclosureand Transparency Rules that BT Pension Scheme Trustees Limited as trustee of theBT Pension Scheme has a notifiable interest in 9,703,445 ordinary shares of2.5pence each in Vislink plc, being 7.004% of the issued ordinary share capitalof Vislink. Details of the notification are given below. James Trumper - Company SecretaryTelephone: 01488 687500 FINANCIAL SERVICES AUTHORITY TR-1 : NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares towhich voting rights are attached : Vislink plc 2. Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights (x) An acquisition or disposal of financial instruments which may result in the ( ) acquisition of shares already issued to which voting rights are attachedAn event changing the breakdown of voting rights ( ) Other (please specify): Transferred to External Fund Manager ( ) 3. Full name of person(s) subject to the notification obligation : BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme. SeeSection 9 for further information 4. Full name of shareholder(s) (if different from 3.) :N/A 5. Date of the transaction (and date on which the threshold is crossed orreached if different) : 21 December 2007 6. Date on which issuer notified: 24 December 2007 7. Threshold(s) that is/are crossed or reached: 7% 8. Notified details: A: Voting rights attached to shares Class/ Situation previous to Resulting situation after the triggering transactiontype of the triggeringshares transaction( ifpossible Number of Number of Number of Number of Voting % of votingusing Shares Voting shares Rights rightsthe ISIN RightsCODE) Direct Direct Indirect Direct IndirectOrd GBP 9,588,445 9,588,445 8,981,876 8,981,876 721,569 6.483% 0.521%0.025 B: Financial Instruments Resulting situation after the triggering transactionType of Expiration Exercise/ Number of voting rights that may % offinancial date Conversion be acquired if the instrument is votinginstrument Period/ exercised/ converted rights Date n/a n/a n/a n/a n/a Total (A+B) Number of voting rights % of voting rights9,703,445 7.004% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): BT Pension Scheme Trustees Limited is the parent undertaking of Britel FundTrustees Limited, which is the parent undertaking of Hermes Pensions ManagementLimited. Hermes Pensions Management Limited is the parent undertaking of: 1. Hermes Equity Ownership Services Limited (voting rights held in this issuer:0.521%) 2. Hermes Investment Management Limited (voting rights held in this issuer:6.483%) 3. Hermes Assured Limited (included with number 2) Please see Section 13 for further information. Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: Hermes Equity Ownership Services Limited hold the voting rights under a standingproxy contained in services agreements for the provision of corporate governanceservices to various underlying clients. Hermes Investment Management Limited hold the voting rights under a standingproxy contained in investment management agreements with various underlyingclients, which includes all the shares owned directly by BT Pension Scheme. All voting rights held on behalf of the above entities are aggregated for thepurposes of DTR 5.2.1(a). The aggregation is made at the lower threshold of 3%and above because Hermes Equity Ownership Services Limited does not manageinvestments for the purposes of the investment manager exemption contained inDTR 5.1.5. This disclosure is made by BT Pension Scheme Trustees Limited, which is theultimate parent undertaking for the purposes of DTR 5.2.1(e). 14. Contact name: n/a 15. Contact telephone number: n/a This information is provided by RNS The company news service from the London Stock Exchange