Pebble Beach Regulatory News (PEB)

18 Jan 2008 16:06

Vislink PLC18 January 2008 Vislink plc Holdings in Company18 January 2008 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 18 January 2008 in accordance with the Disclosure andTransparency Rules that BT Pension Scheme Trustees Limited as Trustees of the BTPension Scheme has a notifiable interest in 11,190,998 ordinary shares of2.5pence each in Vislink plc, being 8.08% of the issued ordinary share capitalof Vislink. Details of the notification are given below. James Trumper - Company Secretary Telephone: 01488 685500 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). 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) : 17 January 2008. 6. Date on which issuer notified: 18 January 2008. 7. Threshold(s) that is/are crossed or reached: 8%. 8. Notified details: A: Voting rights attached to shares Class/type Situation previous to the Resulting situation after the triggering transactionof shares triggering transaction( ifpossible Number of Number of Number of Number of Voting Rights % of votingusing the Shares Voting Rights shares rightsISIN CODE) Direct Direct Indirect Direct Indirect 0148289 10,355,794 10,355,794 10,469,429 10,469,429 721,569 7.557% 0.521%ORD GBP0.025GB0001482891 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/ Date exercised/ converted rights n/a n/a n/a n/a n/a Total (A+B)Number of voting rights % of voting rights 11,190,998 8.078% 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: 7.557% Proxy Voting: 10. Name of the proxy holder: See Comment in Section. 13. 11. Number of voting rights proxy holder will cease to hold: See Comment inSection. 13. 12. Date on which proxy holder will cease to hold voting rights: See Comment inSection. 13. 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