31 Jan 2012 10:22
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
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31 January 2012
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The Vitec Group plc
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NOTIFICATION OF MAJOR INTERESTS IN SHARES
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In conformity with the Transparency Directive The Vitec Group plc (Vitec) is required to announce to the market the receipt of notifications of major interests in shares.
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Vitec received the attached notice in accordance with the Disclosure and Transparency Rules that Cazenove Capital Management Limited has a notifiable interest in 2,179,696 ordinary shares of 20p each in Vitec, being 5.04% of the issued ordinary share capital of Vitec.
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Jon Bolton
Company Secretary
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A Snapshot of The Vitec Group
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Vitec is an international Group principally serving customers in the broadcast, photographic and military, aerospace and government (MAG) markets. Listed on the London Stock Exchange with 2010 revenue of Β£310 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely. Vitec is organised in three divisions: Imaging & Staging, Videocom and Services.
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Imaging & Staging designs, manufactures and distributes equipment and accessories for photography, video and events.
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Videocom designs and distributes systems and products used in broadcasting and live entertainment, film and video production and MAG.
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Services provides equipment rental, workflow design and technical support for camera, video, audio, fibre optic and wireless technology used by TV production teams and film crews.
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More information can be found at: www.vitecgroup.com.
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | ||||
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | The Vitec Group 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 qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | ||||
An event changing the breakdown of voting rights | ||||
Other (please specify): | ||||
3. Full name of person(s) subject to the notification obligation: iii | Cazenove Capital Management Limited | |||
4. Full name of shareholder(s)Β (if different from 3.):iv | N/A | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 30 January 2012 | |||
6. Date on which issuer notified: | 31 January 2012 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 5% | |||
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8. Notified details: | |||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||||||
Direct | Direct | Indirect | Direct | Indirect | |||||||||||
GB0009296665 | 411,696 | 411,696 | 501,696 | 0 | 501,696 | 0 | 1.16% | ||||||||
B: Qualifying Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||
N/A | N/A | N/A | N/A | N/A | |||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to Β | % of voting rights xix, xx Β | ||||||||||
Contract for Difference | N/A | N/A | N/A | Β 1,678,000 | Nominal | Delta | |||||||||
3.88% | N/A | ||||||||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
2,179,696 | 5.04% | ||||||||||||||
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9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Β 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 holdvoting rights: | N/A | |
13. Additional information: | Β N/A | |
14. Contact name: | Anthony O'Malley | |
15. Contact telephone number: | 0203 479 0462 | |
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