Last checked at 11 Dec 2008 13:01
Vislink plc
Holdings in Company
11 December 2008
This is the second of four announcements in which it is disclosed that the direct holding in respect of certain shares that are indirectly held by the BT Pension Scheme Trustees Limited as trustee for the BT pension Scheme have been subject to inter specie transfers.
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 10 December 2008 in accordance with the Disclosure and Transparency Rules that BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme no longer held a notifiable direct interest in the issued ordinary share capital of 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
Identity of the issuer or the underlying issuer of existing shares to which 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 attached | [ ] |
| An event changing the breakdown of voting rights | [ ] |
| Other (please specify): | [ ] |
3. Full name of person(s) subject to the notification obligation :
BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme
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 or reached if different) : 8 December 2008
6.Date on which issuer notified: 10 December 2008.
7. Threshold(s) that is/are crossed or reached: 0%.
8. Notified details:
A: Voting rights attached to shares
| 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 shares Direct | Number of Voting Rights | % of voting rights | |||
| Direct | Indirect | Direct | Indirect | ||||
| 0148289 ORD GBP0.025 GB0001482891 | 11,524,490 | 11,524,490 | 0 | 0 | N/a | 0% | N/a |
B: Financial Instruments
| Resulting situation after the triggering transaction | ||||
| 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 |
| n/a | n/a | n/a | n/a | n/a |
| Total (A+B) | |
| Number of voting rights | % of voting rights |
| 0 | 0% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
N/a
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:
All voting rights held on behalf of the above entity are disclosed pursuant to DTR 5.1.2.
This disclosure is made by Hermes Investment Management Limited, as agent on behalf of BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme.
14. Contact name: n/a
15. Contact telephone number: n/a