Last checked at 21 Nov 2008 15:35
RNS Number : 7011I
Vislink PLC
21 November 2008
Vislink plc
Holdings in Company
21 November 2008
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 21 November 2008 in accordance with the Disclosure and Transparency Rules that Barclays PLC has a notifiable interest in 8,253,689ordinary shares of 2.5pence each in Vislink plc, being 5.96% of 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
1. 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): Transferred to External Fund Manager | [ ] |
3. Full name of person(s) subject to the notification obligation :
Barclays PLC
4. Full name of shareholder(s) (if different from 3.) :
Barclays Bank Trust Company Ltd
Barclays Global Investors Ltd
Barclays Life Assurance Co Ltd
Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd
5. Date of the transaction (and date on which the threshold is crossed or reached if different) : 20 November 2008
6. Date on which issuer notified: 21 November 2008
7. Threshold(s) that is/are crossed or reached: 6% to 5%
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 | ||||
| GB0001482891 | 8,309,189 | 8,309,189 | 8,253,689 | 0.00 | 8,253,689 | 0.00% | 5.96% |
| | | | | | | | |
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 |
| 8,253,689 | 5.96% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Barclays Bank Trust Company Ltd
Barclays Global Investors Ltd
Barclays Life Assurance Co Ltd
Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd
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:
n/a
14. Contact name: n/a
15. Contact telephone number: n/a
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