Last checked at 25 Oct 2012 13:11
Vislink plc
Holdings in Company
25 October 2012
In conformity with the Transparency Directive Vislink plc ("Vislink") is required to announce to the market the receipt of notifications of major interests in shares.
Vislink received notice on 23 October 2012 in accordance with the Disclosure and Transparency Rules that Hermes Equity Ownership Services Limited has a notifiable interest in 7,787,195 ordinary shares of 2.5pence each in Vislink plc, being 6.84% of the issued ordinary share capital of Vislink. Details of the notification are given below.
Ian Davies - Company Secretary
Telephone: +44 (0) 14 88 68 55 00
FINANCIAL SERVICES AUTHORITY
TR-1 : NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. | Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached : Vislink plc |
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2. | Reason for the notification (please tick the appropriate box or boxes): |
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| 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 attached | [ ] |
| An 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 : |
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| Hermes Equity Ownership Services Limited |
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4. | Full name of shareholder(s) (if different from 3.) : |
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| Shares are held by the relevant custodian(s). |
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5. | Date of the transaction (and date on which the threshold is crossed or reached if different) : |
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| 22 October 2012 |
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6. | Date on which issuer notified: |
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| 23 October 2012 |
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7. | Threshold(s) that is/are crossed or reached: |
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| 7% to 6% |
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8. | Notified details: |
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A. | Voting rights attached to shares
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Class/type of shares( if possible using the ISIN CODE) | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||
Number of Shares | Number of Voting Rights | Number of sharesDirect | Number of Voting Rights | % of voting rights | |||
Direct | Indirect | Direct | Indirect | ||||
0148289 GB0001482891 Ord GBP 0.025 | 7,987,195 | 7,987,195 | 7,787,195 | 6.83675% | |||
B. | Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument | Expiration date | Exercise/ Conversion Period/ Date | Number of voting rights that may be acquired if the instrument is exercised/ converted | % of voting rights |
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N/A | N/A | N/A | N/A | N/A |
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Total (A+B) | |
Number of voting rights | % of voting rights |
7,787,195 | 6.83675% |
9. | Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): |
BT Pension Scheme Trustees Limited, as trustee of the BT Pension Scheme ("BTPS") controls Britel Fund Trustees Limited, which is the parent undertaking of Hermes Fund Managers Limited ("HFML"). HFML is the parent undertaking of :- Hermes Equity Ownership Services Limited ("HEOS") (voting rights: 6.83675%)* * This notification is being made in respect of HEOS, which is an indirect holder of shares for the purpose of DTR 5.2.1(h) as a result of control of voting rights in relation to such shares. | |
Proxy Voting:
10. | Name of the proxy holder: |
| See section 9. |
11. | Number of voting rights proxy holder will cease to hold: |
| See section 9. |
12. | Date on which proxy holder will cease to hold voting rights: |
| See section 9. |
13. | Additional information: |
| N/A |
14. | Contact name: |
| James Sherry |
15. | 15. Contact telephone number: |
| 020 7702 6110 |