Last checked at 6 Jun 2011 13:45
Vislink plc
Holdings in Company
6 June 2011
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 3 June 2011 in accordance with the Disclosure and Transparency Rules that Hawk Investment Holdings / Hawk Pension Fund has a notifiable interest in 15,005,209 ordinary shares of 2.5pence each in Vislink plc, being 13.0% of the issued ordinary share capital of Vislink. Details of the notification are given below.
James Trumper - 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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| Mr ALR Morton |
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4. | Full name of shareholder(s) (if different from 3.) : |
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| Hawk Investment Holdings / Hawk Pension Fund |
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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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| 3 June 2011. |
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6. | Date on which issuer notified: |
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| 3 June 2011. |
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7. | Threshold(s) that is/are crossed or reached: |
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| 13% |
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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 | 14,505,209 | 14,505,209 | 15,005,209 | 15,005,209 | N/A | 13.17% | N/A |
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 |
15,005,209 | 13.1% |
9. | Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): |
| Hawk Investment Holdings - 14,505,209 (no change) Hawk Pension Fund - 500,000 |
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: |
| Mr ALR Morton's beneficial interest has increased following a purchase in Hawk Pension Fund. |
14. | Contact name: |
| Edd Hollier. |
15. | 15. Contact telephone number: |
| 0121 232 0707 |