14 Feb 2014 10:40
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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14 February 2014
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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 Royal London Asset Management Limited has a notifiable interest in 1,765,105 ordinary shares of 20p each in Vitec, being 4.0057% of the issued ordinary share capital of Vitec.
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Jon Bolton
Group 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 & Video, Photographic and Military, Aerospace and Government (MAG) markets. Listed on the London Stock Exchange with 2012 revenue of £345.3 million, Vitec is based on strong, well known, premium brands on which its customers worldwide rely. Vitec is organised in three Divisions: Videocom, Imaging and Services.
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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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Imaging designs, manufactures and distributes equipment and accessories for photography and video.
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Services provides equipment rental, workflow design and technical support to 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 issuerof existing shares to which voting rights areattached: 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 thenotification obligation: iii | Royal London Asset Management Limited | |||
4. Full name of shareholder(s) Ā (if different from 3.):iv | Registered Shareholder HSBC Global Custody Nominees (UK) Ltd Nominal - 1,765,105 % - 4.0057% | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 13 February 2014 | |||
6. Date on which issuer notified: | 14 February 2014 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | Above 4% | |||
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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 xi | Indirect xii | Direct | Indirect | ||||||||||||
1,720,305 | 1,720,305 | 1,765,105 | 1,765,105 | n/a | 4.0057% | n/a | ||||||||||
Ordinary Ā GB0009296665 Ā | ||||||||||||||||
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 | ||||||||||||
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 Ā | % of voting rights xix, xx Ā | |||||||||||
Ā Ā | Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
1,765,105 | 4.0057% | |||||||||||||||
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9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Proxy Voting: | ||
10. Name of the proxy holder: | n/a | |
11. Number of voting rights proxy holder will ceaseto hold: | n/a | |
12. Date on which proxy holder will cease to holdvoting rights: | n/a | |
13. Additional information: | ||
14. Contact name: | Simon Davies | |
15. Contact telephone number: | 020 7506 6634 | |
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